agricultural economy Archives - Page 27 of 37

Trump Administration Announces Coronavirus Food Assistance Program, $19 Billion Relief Program for Agriculture

April 19, 2020

Wall Street Journal writers Andrew Restuccia and Jesse Newman reported on Friday that, "President Trump announced a $19 billion relief program for the agriculture sector, which has been hard hit…

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Federal Reserve: Observations on the Ag Economy- April 2020, COVID-19 Variables Noted

April 16, 2020

On Wednesday, the Federal Reserve Board released its April 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…

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Focus on Logistical Disruptions for Food, as USDA Assistance Plan Expected Soon

April 15, 2020

New York Times writers Michael Corkery and David Yaffe-Bellany reported this week that, "The nation’s food supply chain is showing signs of strain, as increasing numbers of workers are falling…

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COVID-19 Effects Persist: Decline in Farm Income Seen, Processing Disruptions Continue, Phase One Trade

April 14, 2020

DTN Ag Policy Editor Chris Clayton reported this week that, "An updated economic analysis looking at the impact of COVID-19 projects crop farmers to see $11.85 billion in lower revenue…

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Smithfield Pork Processing Plant Closes, as COVID-19 Cases at Meat Plants an Increasing Worry

April 13, 2020

The Associated Press reported this week that, "Virginia-based Smithfield Foods announced Sunday that it is closing its pork processing plant in Sioux Falls until further notice after hundreds of employees…

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COVID-19 Hits Some Domestic Ag Markets, Disrupts Global Supply, As Pres. Trump Highlights Aid to Farmers

April 12, 2020

Bloomberg's Mike Dorning reported last week that, "President Donald Trump said he has asked his agriculture secretary to 'use all of the funds and authorities at his disposal,' to aid…

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COVID-19 Hampers Some Markets, as Worker Safety and Well-Being Garner Increased Attention

April 8, 2020

DTN Ag Policy Editor Chris Clayton reported this week that, "As meatpacking plants and other food processors reduce capacity or temporarily close because of coronavirus cases, Vice President Mike Pence…

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Prices for Some Food Staples Increase, as COVID-19 Impacts on Labor Remain a Concern

April 6, 2020

Bloomberg writers Agnieszka de Sousa, Ruth Olurounbi, and Jen Skerritt reported on Monday that, "As the coronavirus pandemic penetrates more deeply into global supply chains, prices for key staples are…

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COVID-19 Impacting Food Purchasing Dynamics, as Ag Labor Concerns Persist

April 2, 2020

Wall Street Journal writer Kirk Maltais reported this week that, "Consumers’ rush to buy groceries is fueling a rally in orange-juice prices, making the usually sedate asset the best-performing commodity…

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Federal Stimulus Includes Money for Agriculture, as Farm Suppliers Accelerate Planting Input Deliveries

March 29, 2020

Wall Street Journal writers Siobhan Hughes and Natalie Andrews reported on Friday that, "President Trump signed a roughly $2 trillion stimulus package into law, hours after House lawmakers hustled back…

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Farmers Could Encounter Planting Delays in 2020, But Less Severe Conditions Than Last Year Expected

March 23, 2020

Last week, New York Times writer John Schwartz reported that, "Brace for another flooded spring — but not one as bad as last year, forecasters from the National Oceanic and…

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COVID-19 Has “Dimmed” Economic Prospects for Corn Belt Farmers

March 22, 2020

Wall Street Journal writers Jacob Bunge, Kirk Maltais, and Jesse Newman reported on Saturday that, "The new coronavirus is dealing another blow to the struggling U.S. agricultural sector, driving down…

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COVID-19 Impacts: Plenty of Food “In the System,” But Guest Worker Concerns Persist

March 19, 2020

Ryan McCrimmon and Catherine Boudreau reported on Wednesday at Politico that, "Don’t be fooled by the barren grocery store shelves: There’s plenty more food on the way."

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Seasonal Labor, Transportation, Financing, and Food Inflation (China) Among Outbreak Issues in U.S. and Abroad

March 18, 2020

Reuters writer Chris Walljasper reported on Tuesday that, "U.S. fruit and vegetable producers are bracing for dramatic disruptions to their labor force after the U.S. government said it was suspending…

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During Outbreak, USDA Ensures Food Safety While Protecting Health of Inspectors

March 17, 2020

Reuters writer Tom Polansek reported this week that, "The U.S. Department of Agriculture is seeking to reassure meat producers it will keep slaughterhouses staffed with federal inspectors as fears about…

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Federal Reserve: Observations on the Ag Economy- February 2020

March 10, 2020

Last week, the Federal Reserve Board released its February 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…

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A Brief Look at Spring Flooding Variables

March 1, 2020

Bloomberg writer Brian K Sullivan reported on Friday that, "For the second year in a row, much of the U.S. is primed to suffer multi-billion dollar flood losses, with farmers…

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The 2020 Outlook for U.S. Agriculture From USDA’s Chief Economist

February 24, 2020

Speaking on Thursday at USDA’s Agricultural Outlook Forum in Arlington, Virginia, USDA Chief Economist Robert C. Johansson provided a broad outlook for U.S. agriculture. Today’s update provides an overview of…

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Federal Reserve Ag Credit Surveys- 2019 Fourth Quarter Farm Economy Conditions

February 17, 2020

Last week, the Federal Reserve Banks of Chicago and Kansas City released updates regarding farm income, farmland values and agricultural credit conditions from the fourth quarter of 2019. And earlier this…

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USDA Agricultural Projections to 2029- Focus on Corn, Soybeans

February 16, 2020

On Friday, the U.S. Department of Agriculture released its 10-year projections for the food and agricultural sector. Today’s update highlights aspects of the report that focused on corn and soybeans.

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