USDA Releases Latest Monthly Cattle on Feed Estimates
According to USDA feedlots have their second-highest inventory in 25 years.
Tag: USDA
Record-Setting Year of Exports Ahead According to USDA
USDA released their Outlook for U.S. Agricultural Trade Thursday morning during their 97th Agricultural Outlook Forum, held virtually for the first time ever.
Corn and Wheat Prices Increase on Tightening Supplies
Futures prices — the price of a contract to deliver a commodity at a certain time in the future – for wheat, corn, and soybeans have been trending higher since August 2020.
Agriculture Experiences Best Export Sales Year Since 2014
According to a recent report from USDA, agriculture trade through exports has increased 6.6 percent over the past year – reaching their highest levels since 2014.
USDA Offers Assistance to Producers Weathering Winter Storms
As a deadly winter storm crawls across the country, USDA is reminding rural communities, farmers, ranchers, families, and small businesses affected by the recent weather that the Federal government has programs that provide assistance to those in need.
Climate Change Headlines USDA’s 97th Annual Outlook Forum
USDA’s 97th Annual Agricultural Outlook Forum gets underway this week with the first presentation coming from Chief Economist Dr. Seth Meyer, who just returned to the Department after having been away for a few years.
Farmers Encouraged to Make ARC/PLC Election Before Deadline
The 2018 Farm Bill put into place safety net programs to help farmers survive substantial drops in crop prices or revenue. In order to participate, a producer must sign a 2021 enrollment contract before March 15.
USDA Expecting Higher Prices for Wheat and Corn
USDA released their latest World Agricultural Supply and Demand Estimates report Tuesday morning, and it appears the supply and demand outlook for U.S. wheat is largely unchanged this month.
Increases in 2020 Net Farm Income at Risk
Despite the challenges faced by agriculture producers over the past few years, inflation-adjusted net cash farm income is expected to increase nearly 24 percent in 2020.
USDA Announces Extension for General CRP Signup Period
The cornerstone of government conservation initiatives is the Conservation Reserve Program from USDA.
China Remains Top Buyer for Many U.S. Commodities
USDA’s Foreign Ag Service released their latest Weekly Export Sales Report based on reports from exporters for the period January 22-28.
Families Operating 96 Percent of All U.S. Farms
Family farms represent 96 percent of all U.S. farms, according to the 2017 Census of Agriculture Farm Typology report released last week by USDA’s National Agricultural Statistics Service.
Former Secretary Vilsack Returns to Senate Ag Committee
In a unique and somewhat unprecedented approach, the Senate Agriculture Committee met on Tuesday to consider the nomination of Tom Vilsack to become the next Secretary of Agriculture.
Producers Input Prices Increase in December, Receipts Decrease
USDA’s National Agriculture Statistics Service reports the December Prices Received Index decreased from November but increased slightly from December 2019.
USDA Institues Changes to LRP Insurance for 2021
According to the Risk Management Agency, the changes include increasing livestock head limits for feeder and fed cattle to 6,000 per endorsement, or 12,000 annually.
USDA’s Export Sales Report Shows Continued Strong Demand
USDA’s Foreign Agriculture Service released their Weekly Export Sales Report on Thursday, for the week ending January 21, 2021.
USDA Temporarily Suspends Some Past-Due Collections and Foreclosures
USDA has announced a temporary suspension of past-due debt collections and foreclosures for distressed borrows under the Farm Storage Facility Loan and Direct Farm Loan programs administered by the Farm Service Agency.
Unique Circumstances Delay Confirmation Hearing of Agriculture Secretary
Though President Biden has already selected his nominee for Secretary of Agriculture, Senate approval may take some time.
Good Week for Exports Sales Reported by USDA
USDA released their latest Weekly Export Sales Report on Friday, a day later than normal due to the Martin Luther King, Jr. Holiday on Monday.
Monthly Cattle on Feed Report Falls Within Expectations
Traders walked away from Friday afternoon’s monthly Cattle on Feed Report from USDA unfazed by the latest numbers.
USDA Deregulates Cotton Variety Resistant to Lygus Bugs
USDA’s Animal and Plant Health Inspection Service announcing the deregulation of a cotton variety that uses genetic engineering for resistance to certain insects, primarily tarnished plant bugs.
USDA Announces Final Rule Regulating Commercial Hemp Production
The final rule incorporates modifications to regulations established in October 2019 and is based on public comments and lessons learned during the 2020 growing season.
Growing Interest for Hemp Fueling Demand for Education
What is the newest old crop today? According to USDA, it’s hemp.
New USDA Tools Used for Meeting Innovation Challenges
USDA has released its U.S. Agriculture Innovation Strategy Directional Vision for Research summary and dashboard that will help to guide future research decisions within USDA.
USDA Announces Changes and Revisions to CFAP Program
The new round of CFAP, announced Friday, will expand eligibility for some producers and commodities.
2021 Agricultural Outlook Forum Theme: “Building On Innovation”
USDA is rolling out details of the 97th annual Agricultural Outlook Forum, to be held virtually in mid-February.
USDA Investing $12 Million for Feral Swine Control
USDA is investing $11.65 million in 14 projects to help agricultural producers and private landowners trap and control feral swine as part of the Feral Swine Eradication and Control Pilot Program.
USDA Projects Reduced Stocks For All Major Crops
USDA end of year stocks estimate for all major crops is fairly easy to report: all are lower than in 2019. Specifically, corn stocks are slightly lower while wheat stocks are down 9 percent, soybeans are off 10 percent and sorghum stocks are down 12 percent as of December 1.
2020 U.S. Pork Exports Continue Record-Setting Pace
November was a strong month for U.S. pork exports, according to data released by USDA and compiled by the U.S. Meat Export Federation, as totals have already surpassed the full-year volume and value records set in 2019.
USDA Increases Season-Average Price for Most Crops
Markets reacted favorably to USDA’s latest monthly World Agricultural Supply and Demand Estimates (WASDE) report on Tuesday. Corn, soybeans, wheat, and cotton all closed higher on the overall positive news for 2021.
Larger Grain and Oilseed Crops in 2020, Lower Cotton
In what was the equivalent of a data dump of crop information on Tuesday, USDA rounded out their reports with an annual crop production summary for 2020.
During Transition Period, Career Staff Will Lead USDA
As the Federal government begins a slow transition to a new administration, Agriculture Secretary Sonny Perdue has announced interim staffing to guide USDA through the process.
Record Beef Exports in November, Annual Exports Lower
U.S. beef exports posted one of the best months on record in November, according to data released by USDA and compiled by the U.S. Meat Export Federation.
Lackluster Week for U.S. Crop Sales and Exports
USDA’s Foreign Agriculture Service released their latest Weekly Export Sales Report on Thursday, outlining sales and exports for the final week of 2020.
Dairy Producers Experiencing Higher Prices Fueled By Exports
According to the National Milk Producers Federation, the industry survived with government support and robust export markets.
USDA Announces First Significant Purchase of FMD Vaccine
The USDA has been working to develop a Foot and Mouth vaccine bank, and last week announced their first significant purchase.
Program Developed to Aid in On-Farm Biosecurity Plans
In collaboration with USDA and its Secure Beef Supply plan, the Beef Checkoff-funded Beef Quality Assurance program recently developed a Daily Biosecurity Plan for Disease Prevention.
More Details Released Regarding Pandemic Assistance to Agriculture
As Congress agrees to fund the government through next year and also provides just under $1 trillion in pandemic relief, the agriculture industry has been sorting through the details of an additional $13 billion expected to flow through USDA in the coming months.
USDA Cattle Numbers Show Small Increase in Feeding
USDA’s final Cattle on Feed Report for 2020, released Friday, lacked much drama as all the projections of the domestic cow herd fell in line with analyst projections.
China Continues Agressive Purchases of U.S. Agricultural Commodities
USDA released their latest Weekly Export Sales Report on Thursday morning, providing the markets a better idea of current trade trends. China continues to be a major buyer of wheat, corn, sorghum, soybeans, cotton and pork.
Soybean and Cotton Prices Moving Higher on Exports
The outlook for U.S. wheat this month is for slightly smaller supplies, unchanged domestic use, higher exports, and lower ending stocks.
Biden Selects Vilsack As Next Agriculture Secretary Nominee
Former Iowa Governor Tom Vilsack, who turns 70 on Sunday, appears to be in line to be both the 30th and 32nd Secretary of Agriculture.
U.S. Pork Exports Continue Record Pace in 2020
U.S. pork exports posted broad-based gains in October, solidifying a record pace for 2020, according to data released by USDA and compiled by the U.S. Meat Export Federation.
U.S. Corn Exports Reach High, Soybeans Sales Tumble
USDA released their latest Weekly Export Sales Report on Thursday morning with corn exports reaching a marketing-year high and soybean sales hitting a marketing-year low.
Familiar Names Mentioned as Next Secretary of Agriculture
Democratic candidate Joe Biden is officially closing in as the next President of the United States and agricultural leaders are examining potential candidates to replace Sonny Perdue as the next Secretary of Agriculture.
Monthly Cattle On Feed Report Surprises Traders
USDA released their monthly Cattle on Feed report on Friday, after the market closed, and surprised traders.
Despite Increasing Financial Assistance, Global Food Insecurity Growing
The U.N. says nearly 690 million people in the world were undernourished in 2020, According to their reporting, the number of undernourished people has increased over the last six years.
Sales Report Reveals Big Week for Beef Exports
USDA released their Weekly Export Sales report on Thursday morning, with a marketing-year high for beef and a marketing-year low for wheat and soybeans.
Traders Preparing for Monthly Cattle on Feed Report
raders are preparing for what is considered one of the most important feeder reports of the season, the November USDA Cattle on Feed Report.
GAO Offers Advice to Improving USDA’s “Actively Engaged”
The U.S. Department of Agriculture (USDA) distributes billions of dollars a year through programs that, by law, require payment recipients to be actively engaged in farming.