Large grain trading firms are cutting spending as a result of low commodity prices. Industry groups federal agencies give in too easily and ‘settle’ when sued by environmental groups. Sam Clovis is no longer under consideration for a USDA undersecretary position
Market prices are down steeply from the commodity boom that ended in 2013. Buying U.S. farm commodities, making countries like Brazil and Argentina much more attractive to Mexican importers if the NAFTA talks fail, which would see higher cost. Fraudulent labeling continues to be a problem with orga…
Bankers are expecting an increase in farm loan foreclosures. Arkansas Ag officials are being sued due to a proposed ban on a weed killer linked to widespread crop damage. an increase in farm loan foreclosures is expected by some bankers. Cargill is expanding, signed an agreement to buy Diamond V.
Citrus growers facing losses estimated to exceed $1 billion hurricane Irma. Farmers are planting more cover crops. $45-million research project that promises to boost crop yields 20% by improving photosynthetic efficiency.
Negotiations on a new NAFTA agreement are moving quickly. Soybean export started the new marketing year on a bullish pace. The Senate has unanimously passed legislation to assist farmers who have fallen on hard times financially.