Impact of COVID-19 on Agriculture

Forbes: Soybean Farmers are Experiencing New Price Lows

News / In The News May 29, 2019

Credit: Javier / CC BY-SA 2.0 

A Forbes article featured Farm Bureau economic analysis on the difficulties U.S. soybean farmers are facing because of recent weather conditions and retaliatory tariffs from China. A number of factors are affecting soybean farmers, including “heavy rains and flooding keeping them from planting on a timely basis (helps per bushel price but could hurt total income) or a swine flu outbreak in China,” explained Forbes.” explained Forbes.

“Megan Nelson from the Farm Bureau estimates that the soybean crop is only 9 percent planted as of mid-May, down 20 percentage points from the five-year average of 29 percent and 23 percentage points lower than last year,” noted Forbes.

Share This Article

Credit: Pixabay 

A coalition of more than 80 agricultural groups filed formal objections this week regarding EPA’s rule to revoke all tolerances of the pesticide chlorpyrifos. Micheal Clements shares what the rule means for agriculture.

Full Article
Credit: New York Farm Bureau 

An American Farm Bureau Federation program connects farmers and ranchers to those who are food insecure. Micheal Clements shares more.

Full Article