Category: Agriculture News

News about food, farming, business, politics and policy that impacts central Illinois farmers.

FARM BUREAU, FARMERS UNION UNITE ON BANKRUPTCY BILL

The Family Farmer Relief Act of 2019 would help more family farmers avoid liquidation or foreclosure, allowing them to stay in operation, the American Farm Bureau Federation and National Farmers Union said in a joint letter to congressional lawmakers. The legislation would raise the Chapter 12 operating debt cap. “Lifting the liability cap will expand … Read More

TRUCKING INDUSTRY NO STRANGER TO RESPONDING TO FLOODING

Truck drivers have been busy moving grain and livestock out of harm’s way and sand and rock into flooded areas across the state. Illinois Gov. J.B. Pritzker declared an emergency in 34 Illinois countries along the Mississippi and Illinois Rivers. The move “allows truck operators to bypass a lot of the licensing requirements and those … Read More

PLANTING DELAYS WORSEN, BUT ‘IT’S NOT DESPERATION TIME, YET’

As planting delays continue to keep farmers out of their fields, with some confronted with standing water or weed issues, University of Illinois agronomist Emerson Nafziger cautions farmers not to push the panic button, yet. “It’s not desperation time, yet,” Nafziger said. “May is still a good time to plant. The (potential) yield loss per … Read More

PERDUE’S MESSAGE TO JAPAN: BUY MORE AMERICAN BEEF

U.S. Ag Secretary Sonny Perdue picked up his BBQ tongs Monday while visiting Tokyo to express his hope for a fair trade deal between the U.S. and Japan. “From my perspective and our farmers in America, I’d have preferred it done yesterday, but the reality is these things take time,” Perdue said. (Washington Post)

KUDLOW CONTRADICTS TRUMP ON TARIFFS

White House economic adviser Larry Kudlow on Sunday acknowledged that the Chinese do not directly pay tariffs on goods coming into the U.S., contradicting President Trump’s claims that China will pay for U.S.-imposed tariffs. “Both sides will suffer on this,” Kudlow said, arguing that China will suffer significant GDP losses as export markets are hit. … Read More

TRUMP’S FARM AID SOLUTION

The Trump administration has said it will begin work on a new program to provide aid to farmers affected by the trade war. One of President Trump’s proposed solutions, tweeted Friday, is that the U.S. could use tariff revenue to buy “agricultural products from our Great Farmers, in larger amounts than China ever did, and … Read More

SOYBEANS SLUMP LOWER AMIDST TRADE WAR

Farm commodities from pork to cotton slumped on Monday, with soybeans dipping below $8 a bushel for the first time since 2008 in Chicago, after China said it will raise tariffs on some U.S. goods starting June 1. “Clearly, there’s uncertainty about where we’re going from here,” said one St. Louis-based independent analyst. “Both parties … Read More

CHINA TO SEND DELEGATION TO U.S.

China’s top trade negotiator Liu He will travel to the U.S. this week for high-stakes talks as prospects dimmed for maintaining a fragile truce after President Trump threatened to raise tariffs on $325 billion of Chinese goods starting Friday. China would enact retaliatory duties on U.S. imports immediately once tariffs take effect. (Bloomberg)

MADIGAN TALKS GRADUATED TAX, MARIJUANA

Illinois House Speaker Michael Madigan is “optimistic” a constitutional amendment moving the state from a flat income tax to a graduated structure will pass the House. Other hot-topic issues this session, like legalizing marijuana, could prove to be controversial, Madigan said. Several key issues regarding legalization will be considered. (State Journal-Register)

WHAT’S ‘LOCAL?’

Nielsen researchers surveying 20,000 consumers found there may be some disparity between consumers’ perceptions of local food. The survey found that while local foods topped the list of consumers’ priorities – with 46 percent of grocery shoppers saying they’re aware of the importance of buying local – many were not able to define what exactly … Read More

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