Top Agriculture News

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. The USDA February report is typically a non-event as there are not typically any big changes made. USDA does not make changes to the US crop size and typically only minor changes to the demand side. South American […]

New Crop Progress Reports are out and climatologist Corey Davis has taken an extensive look at those particularly for the Carolinas and how weather has impacted that quarry. What are you seeing right now? Well, Mike, we’ve talked a lot over the last month about how wet the start of winter was. And that includes […]

A rural internet subsidy program could be phased out. Tom Perez, Senior Advisor to the President, says the Biden Administration requested six billion dollars to extend funding for the Affordable Connectivity Program back in October. The subsidy helps reduce high-speed internet plans by 30 to 75 dollars a month. If Congress does not take action, […]

A Montana dude ranch lassos economic prosperity with big-sky adventures; a child tax credit expansion could save rural families money and reduce their stress; and farmers who grow food on land they don’t own benefit from leasing advice.

A letter signed by more than 3,400 farmers was sent to President Biden Wednesday expressing concern over the administration’s prioritization of electric vehicles over biofuels, such as corn ethanol, as it works to drastically lower the nation’s greenhouse gas emissions. “If we are going to address climate change and meet our sustainability goals, we are […]

A federal judge this week vacated the 2020 dicamba registrations by the Environmental Protection Agency. The ruling in the U.S. District Court for the District of Arizona leaves farmers without options to use the herbicide in the upcoming growing season. Affected products include Bayer’s XtendiMax, BASF’s Engenia and Syngenta’s Tavium. In response, the North Carolina […]

USDA’s Economic Research Service forecasts that U.S. net cash farm income will decrease by $42.2 billion, or 25.8 percent, to $121.7 billion in 2024 in inflation-adjusted dollars. This is after net farm cash income decreased in 2023 by a forecast of $50.2 billion to $163.9 billion. Net cash farm income is defined as gross cash […]

Alltech released its 2023 U.S. Harvest Analysis Report. Dr. Max Hawkins, tech support for the Alltech Mycotoxin Management Team, says to follow the weather to find the mycotoxins. “If you get into the western Corn Belt and some of the Northern prairies, it was very dry. When we get into really dry weather, we tend […]

USDA’s biannual Cattle Inventory Report shows the nation’s cattle herd at 87.2 million head, down roughly two percent from last year and the lowest herd size in 73 years. American Farm Bureau Federation Economist Bernt Nelson says it’s all because of recent droughts. “The combination of higher input prices and drought drove farmers and ranchers […]

WASHINGTON, Feb. 7, 2024 – Today, the U.S. Department of Agriculture’s (USDA) Economic Research Service released its annual Farm Sector Income Forecast report for 2024. Agriculture Secretary Tom Vilsack issued the following statement:  “After the three highest consecutive years on record in 2021-2023, the first farm income forecast of 2024 indicates net farm income this year will return to prior […]