Category: Agriculture News

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

PRESIDENT’S BUDGET DOESN’T BODE WELL FOR AGRICULTURE –

The Trump administration has delivered its proposed budget for the 2021 Fiscal Year to Congress. Without any surprise, it was described as “dead on arrival.” (Herald & Review)

VETERANS WHO’VE FOUND SOLACE IN FARMING CALL OTHERS TO FOLLOW SUIT –

Generational farms are slowly fading away as the younger generation choose other jobs. Some military veterans, on the other hand, are finding their way into the farm industry. Current veterans … Read More

BEIJING URGES TRADE CALM AMID OUTBREAK –

China is warning that an “overreaction” to the coronavirus outbreak, in the form of new trade restrictions, could leave a dent in global economic growth, while Federal Reserve Chair Jerome … Read More

UPCOMING FARMDOC WEBINARS –

Farmdoc analysts will hold a webinar on February 24th 11 am to 12 pm CST to review the February 20th release of 2019 county yields for corn and soybeans. The … Read More

A TALE OF TWO FARM INCOMES –

USDA’s most recent Farm Income Forecast, released Feb. 5, predicted farm income to decline in 2020. USDA’s Farm Income Forecast also predicted farm income to increase in 2020. You read … Read More

STEEP CUTS TO CROP INSURANCE IN 2021 BUDGET –

The Office of Management and Budget (OMB) today released a proposed Fiscal Year 2021 budget that includes steep cuts to the Department of Agriculture and federal crop insurance. (Successful Farming)

ELECTION-YEAR BUDGET SLASHES FARM PROGRAMS, BOOSTS INFRASTRUCTURE –

President Donald Trump’s election-year budget proposes $1 trillion in infrastructure spending, including $25 billion earmarked for rural America, while reprising recommendations for slashing farm programs and nutrition assistance. (Agri-Pulse)

AS TRUMP TAKES AIM AT EU TRADE, EUROPEAN OFFICIALS BRACE FOR FIGHT –

An emboldened President Donald Trump has set his sights on restructuring the more than $1 trillion U.S. trade relationship with the European Union, raising the specter of another major trade … Read More

COMMODITY MARKETS FEEL THE EFFECTS OF CORONAVIRUS –

The latest viral outbreak in China appears to have sapped positive momentum from the commodity markets as it raises human health concerns. (FarmWeekNow)

U.S.-CHINA TRADE WAR RESHAPED GLOBAL COMMERCE –

The two-year trade war between the U.S. and China upended commerce world-wide, slamming the brakes on global trade growth—but also delivering modest benefits to a handful of industries and countries … Read More

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