Category: Agriculture News

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

IFB RESOURCE HIGHLIGHT

If your driver’s license, license plates, or medical cards expired between March 1st – July 31st of this year, you have until September 30th to renew those. For more details, … Read More

ALL ABOUT THE COW –

As the Turleys chart a different course than most in the dairy industry, finding the sweet spot for profitability and growth means focusing on a core group of food influencers … Read More

US HONEYBEES ARE DOING BETTER AFTER BAD YEAR, SURVEY SHOWS –

American honeybee colonies have bounced back after a bad year, the annual beekeeping survey finds. (Associated Press)

AFTER LONG DECLINE, SNAP ON THE RISE DUE TO COVID-19 –

The number of people participating in SNAP went up in March and the cost of the program jumped by nearly 15 percent, to $5.1 billion, new data shows. (Politico)

TARIFFS ON EUROPEAN FOOD COULD EXPAND UNDER NEW U.S. PROPOSAL –

The Trump administration is considering expanding and raising tariffs on $7.5 billion of imports from the European Union and U.K. that it first imposed last year, part of a long-running … Read More

U.S. HOG, CATTLE FUTURES RISE AS FROZEN MEAT STOCKS DECLINE –

U.S. cattle and hog futures firmed on Tuesday following two sessions of declines after U.S. Department of Agriculture (USDA) data showed a larger-than-anticipated decline in cold-storage stocks of pork and … Read More

SOYBEAN PRICES RALLY AS CHINA RAMPS UP BUYING –

A streak of big soybean purchases by Chinese buyers has helped make the crop profitable again for U.S. farmers. (Wall Street Journal)

IFB COVID-19 RESOURCE HIGHLIGHT:

The Small Business Administration partnered with the Illinois Department of Professional Regulation to offer a webinar with an overview of PPP for borrowers. Learn more on our COVID-19 page.  

MEAT LOVERS GET BULLISH ON BEEF THAT COMES FROM OLD DAIRY COWS –

Producers such as Butter Meat Co. are challenging the American preference for tenderness over flavor. (Bloomberg)

ILLINOIS RIVER CLOSURE TO FORCE SUPPLY SHIFT FOR GULF COAST GRAIN, ETHANOL BUYERS –

Upcoming lock and dam closures along the Illinois River are set to hamper deliveries of corn, soybeans, animal feed and ethanol for export staging and consumption on the Gulf Coast. … Read More

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