Farm Lending Slows as Interest Rates Climb
Farm lending activity at commercial banks in the Kansas City Fed’s district slowed through the first half of 2023 as interest rates continued pushing higher. The volume of non-real estate farm loans at commercial banks declined for
Farm Bill for America’s Families Promotes Importance of Farm Bill
The American Farm Bureau Federation led the creation of Farm Bill for America’s Families, a campaign to highlight the broad reach of the farm bill. AFBF President Zippy Duvall says the high-level campaign includes several messages to
No New Money for the Farm Bill?
The general consensus heading into the 2023 Farm Bill writing process is that no new money will be available for farm bill programs. However, David Rouzer, a Republican Representative from North Carolina, says ‘not so fast’. Rouzer
Former NCBA Chief says Biden Team MIA on Trade
The former head of the National Cattlemen’s Beef Association Don Schiefelbein says the Biden Administration is “missing in action” on trade. Schiefelbein told Ways and Means lawmakers at a field hearing on his Minnesota farm, he couldn’t
Legislation Would Lower the Cost of Biofuel-Blending Compliance
A bipartisan group of lawmakers wants to lower the cost of complying with biofuel-blending mandates. Reuters says legislation was introduced that would direct the White House to let oil refiners purchase compliance credits (RINs) for biofuel blending
CHS Reports Third Quarter Earnings
ST. PAUL, Minn., July 13, 2023 /PRNewswire/ — CHS Inc. (NASDAQ: CHSCP), the nation’s leading agribusiness cooperative, today released results for its third quarter ended May 31, 2023. The company reported quarterly net income of $547.5 million compared to
U.N. says 122 Million More People Facing Hunger Since 2019
Over 122 million more people around the world are facing hunger since 2019 due to COVID-19 and repeated weather shocks and conflicts like the war in Ukraine. That’s according to the latest “State of Food Security and
USDA Investments in Lowering Energy Costs for Rural America
The USDA’s Rural Business-Cooperative Service is making $21 million in technical assistance grants available through the Rural Energy for America Program. The funds will help agricultural producers and rural small businesses access federal funds for renewable energy
Farm Action Urges Checkoff Reform at White House Convening on Agriculture Competition
WASHINGTON, D.C. — Today Farm Action urged the Biden administration to prioritize competition in the 2023 Farm Bill by supporting commodity checkoff reform. This call to action came at a White House roundtable listening session where Farm Action