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)
News about food, farming, business, politics and policy that impacts central Illinois farmers.
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)
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
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
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
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
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)
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)
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
The latest viral outbreak in China appears to have sapped positive momentum from the commodity markets as it raises human health concerns. (FarmWeekNow)
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