THOUSANDS OF U.S. FARMS GOT $6.4 BILLION IN SMALL BUSINESS LOANS –
Agriculture, forestry, fishing and hunting companies got at least $6.4 billion in U.S. coronavirus-related small business loans, government data released Monday showed. (Bloomberg)
Agriculture, forestry, fishing and hunting companies got at least $6.4 billion in U.S. coronavirus-related small business loans, government data released Monday showed. (Bloomberg)
The COVID-19 pandemic has wreaked havoc on many sectors of the economy and livestock farming is one of them. (The Center Square)
The percentage of households considered food insecure has surged during the pandemic — already to levels much higher than during the depths of the Great Recession — but Black and Hispanic households are faring far worse than white households. (Politico)
U.S. live cattle futures on Monday reached a two-month high on follow-through buying from last week, while lean hog futures edged up on bargain buying, traders said. (Reuters)
As senior U.S. and Chinese economic officials plan to discuss China’s compliance with a trade deal signed early this year, more than 40 American business groups called on Beijing to step up purchases of U.S. manufactured goods as well as energy and other products as part of the agreement. (Wall Street Journal)
Don’t forget that the Illinois Pork Producers Association and Illinois Farm Bureau have partnered to fund a grant for pork producers facing unexpected pork disposal costs during this difficult time. Find the application on our Livestock Resources page.