News
More than $7 Billion Paid in Second Round of USDA Coronavirus Food Assistance Program
(Washington, D.C., Oct. 26, 2020) – U.S. Secretary of Agriculture Sonny Perdue today announced that in the first month of the application period, the USDA Farm Service Agency (FSA) approved more than $7 billion in payments to producers in the second round of the Coronavirus Food Assistance Program. CFAP 2 provides agricultural producers with financial…
Read MoreTrump Administration Invests $2.3 Million in High-Speed Broadband in Rural North Carolina
ReConnect Funding to Connect 2,244 Rural Households to High-Speed Internet e-Connectivity YADKINVILLE, N.C., Oct. 26, 2020 – The Trump Administration today announced that the United States Department of Agriculture (USDA) is investing $2.3 million to provide broadband service in unserved and underserved rural areas in North Carolina. This investment is part of the $550 million…
Read MoreCash and Futures Weaken Again
Producers were forced to watch the market fall even lower for another week. Trade in the South again developed early in the week, and again lost ground, with most cash trades at $106. As the week wound to a close, a handful of cattle traded less than $106. The North felt the same pain as…
Read MoreDerrell Peel: Early Winter Storm And Cattle On Feed
A large winter storm is advancing across the central U.S. bringing cold temperatures and some much-needed moisture. Oklahoma is expected to see a first freeze and precipitation ranging from rain to freezing rain to ice to snow though mid-week. Farther north and west, snow and cold are blanketing much of the Rocky Mountain and plains…
Read MoreUSDA Announces Early Release of Select Commodity Tables for USDA’s Agricultural Projections to 2030
(Washington, D.C., October 26, 2020) – On November 6, 2020 at 3:00 p.m. EST, the U.S. Department of Agriculture (USDA) will release select tables prepared for the upcoming USDA Agricultural Projections to 2030 report. USDA will post online tables containing long-term supply, use, and price projections to 2030 for major U.S. crops and livestock products,…
Read MoreFrom Inflation to Weather, Challenges for Commodities
About the Presenter Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions. View more reports…
Read MoreBeef Industry Pioneer Bill Pratt, 77, Passes
Canyon, TX – Beef industry pioneer, inventor, and entrepreneur, William Cline “Bill” Pratt, 77, of rural Canyon, Texas, passed away Wednesday, October 21, 2020. A funeral service will be held at 2:00 p.m. on Monday, October 26 at the First United Methodist Church in Canyon. Visitation will be from 3:00 to 5:00 p.m. on Sunday,…
Read MoreUSTR and USDA Release Report on Agricultural Trade between the United States and China
Washington, DC – The Office of the U.S. Trade Representative (USTR) and the U.S. Department of Agriculture (USDA) today issued a report highlighting the progress made to date in implementing the agricultural provisions in the U.S.-China Phase One Economic and Trade Agreement, which is delivering historic results for American agriculture. Since the Agreement entered into…
Read MoreUSDA Announces Approval of D-SNAP for Louisiana Disaster Areas
WASHINGTON, October 23, 2020 – Low-income Louisiana residents recovering from Hurricane Delta could be eligible for a helping hand from the USDA’s Disaster Supplemental Nutrition Assistance Program (D-SNAP), announced today by the U.S. Department of Agriculture. U.S. Secretary of Agriculture Sonny Perdue said that households who may not normally be eligible under regular Supplemental Nutrition…
Read MoreUSDA Announces Fourth Round of the Farmers to Families Food Box Program
(Washington, D.C., Oct. 23, 2020) – The U.S. Department of Agriculture (USDA) today announced it has authorized $500 million for a fourth round of purchases for the USDA Farmers to Families Food Box Program. USDA is issuing solicitations for the fourth round to existing Basic Ordering Agreement (BOA) holders and expects to award contracts by…
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