May 17, 2019 |
The backbone of the American economy is our infrastructure system – the roads we drive on, the bridges we cross,and the waterways we use for shipping. With a new infrastructure spending bill on the mind of many on Capitol Hill, this Market Intel will shed some light on current and historical spending patterns on America’s roadways and waterways.
May 14, 2019 |
USDA’s May 13 Crop Progress report revealed the U.S. corn crop at 30% planted, down 36 percentage points from the five-year average of 66% complete at this point in the planting season and down 29 percentage points from 2018 progress. Analysts had projected corn plantings at 35% complete. Similar delays are being realized in the U.S. soybean crop with only 9% planted, down 20 percentage points from the five-year average of 29% planted and down 23 percentage points from last year. Soybean plantings are down 6 percentage points from analysts’ expectations of 15%.
May 9, 2019 |
At 12:01 tomorrow (Friday, May 10) morning, the United States is expected to increase tariffs from 10% to 25% on $200 billion worth of Chinese products. The increase in these particular tariffs were delayed twice since the investigation determination was published in the Federal Register on Sept. 21, 2018. The rate of additional duties in effect since Sept. 24, 2018, was 10%.
May 24, 2019 |
Farmers and ranchers nationwide are calling on the House to follow the Senate’s lead in passing a disaster assistance bill that will help them and their rural communities recover from devasting weather events in recent years.
May 23, 2019 | Newsline
The American Farm Bureau says recently-introduced legislation would enhance the accuracy of broadband coverage maps, a good first step to improving rural broadband coverage. Chad Smith has more.
Read More
May 23, 2019 | News Releases
The following may be attributed to American Farm Bureau Federation President Zippy Duvall.
Read More
May 23, 2019 | News Releases
IDEAg Group LLC announces that the Dakotafest farm show will return to Mitchell, South Dakota, Aug. 20-22.
Read More
May 23, 2019 |
In 2018 the U.S. collected a record-high $50 billion in customs duties. During the first four months of 2019, Treasury Department data reveals customs duties totaled $22 billion, up 78% from prior-year levels, and reaching a high of $6.6 billion in January 2019. Assuming the current pace of tariff revenue collections continues, the U.S. will collect nearly $72 billion in customs duties in 2019 – topping the previous record by $22 billion.
May 22, 2019 |
A strong majority of farmers and farmworkers say financial issues, farm or business problems and fear of losing the farm impact farmers’ mental health, according to a national Morning Consult research poll sponsored by the American Farm Bureau Federation in recognition of May as Mental Health Month.
May 22, 2019 | Newsline
American farmers and ranchers are suffering from the ongoing trade disputes between the U.S. and China. Chad Smith has more.
Read More