U.S. Department of Agriculture
Top Producer of the Year finalist Zach Ducheneaux has been selected by the Biden Administration to lead the Farm Service Agency (FSA).
USDA’s Ag Outlook Forum painted a brighter forecast for corn demand this year. While USDA does expect a 7% increase in production, the agency is also forecasting an increase in domestic use, as well as exports.
The Senate has scheduled a vote on Tom Vilsack’s nomination for Secretary of Agriculture on Feb. 23. In early February, the Senate Agriculture Committee unanimously approved President Biden’s pick to lead USDA.
Ag groups are gearing up for a new fight over the so-called ‘Death Tax.”
The net farm income story this year is far from over. Farmer Mac’s chief economist says history shows USDA’s initial look at net farm income is typically too low and this year may be no different.
As Congress continues to work on another COVID relief bill, a group of Democratic Senators this week introduced an amendment that would provide $5 billion in aid to farmers of color.
As the substantial demand looks to be rooted in a need for feed and food, corn purchases from China may not be over yet and could be on track to hit a new record. However, actual shipments are lagging.
The corn price momentum quickly faded on Tuesday as traders seemed disappointed by conservative adjustments to its corn import forecast for China.
A month after USDA releases its final production estimates, USDA’s February report typically doesn’t provide major revisions. With possible changes to corn demand, analysts say Tuesday’s report could be different.
Country of Origin Labeling and the Waters of the U.S. Rule came back to the forefront in confirmation hearings this week for USDA Secretary nominee Tom Vilsack and EPA Administrator nominee Michael Regan.