Extend Revenue Coverage With Enhanced, Supplemental Coverage Options
Available for the first time in 2021, the Enhanced Coverage Option (ECO) provides farmers a way to extend crop revenue protection (RP) beyond the 86% covered by the Supplemental Coverage Option (SCO).
Trade Eyeing USDA WASDE Data for Grain Futures Price Direction
The U.S. Department of Agriculture National Agricultural Statistics Service (NASS) will release updated World Agricultural Supply and Demand Estimates (WASDE) data Thursday morning, and the trade expects the numbers to show declining world corn and soybean stocks and higher world wheat supplies.
Vilsack Tapped to Return to USDA Leadership Role
Former Iowa Governor Tom Vilsack, who served as U.S. Secretary of Agriculture in the Obama administration and currently leads the U.S. Dairy Export Council, has been selected to return to his USDA leadership role by President-elect Joe Biden.
Four Questions to Answer in Preparing Your Farm for 2021
Government payments, crop insurance and a fall grain market rally helped farmers salvage some profitability after the majority of 2020 ratcheted up the pressure on revenue potential for growers around the country.
Food, Ag Supply Chains Adjusting to COVID-19 Challenges — Economist
Mergers and acquisitions among ag and food processors could be a rising trend into 2021 as supply chain members continue to adjust to the global pandemic and ways they can maintain profitable operations, two economists said this week.
Multi-year Drought’ Underway in U.S., North America — Weather Expert
The western U.S. has already been facing drought conditions, and a combination of factors foreshadow those drought conditions are the beginning of a drought that could last beyond 2021.
CFAP2, Dairy Margin Coverage Program Application Deadline Nearing
This Friday, Dec. 11, is the deadline to apply for the Coronavirus Food Assistance Program 2 and Dairy Margin Coverage Program.
Federal Payments, Export Demand Has U.S. Ag on Steady Footing — Fed
In its latest Beige Book update, the Federal Reserve Board observed mixed but mostly steady conditions for the ag sector around the country, with things like export demand and federal farm payments helping support farm revenues for crop producers from California to the Southeast.
Grain Prices Dip Ahead of Week’s Trade as Investors Trim Net-long Positions
Rain is falling and easing drought concerns in key South American crop regions, and export sales reports hit a few marketing-year lows, both major drivers of lower market prices heading into Monday's grain trade.
Fertilizer Price Slide Reverses; Most Product Prices Move Slightly Higher
If you're looking to secure fertilizer for the 2021 crop, here are some numbers that may be of interest.