U.S. Department of Agriculture
Grain-market watchers lashed out at USDA after the agency on Wednesday tweeted that farmers planted 91.7 million acres of corn this year, citing data that many traders believe is inaccurate.
Every qualifying farmer will receive at least $15 an acre, according to Perdue.
The amount of uncertainty surrounding this year’s corn and soybean crops was reflected in today’s round of USDA reports.
Consider these money-saving tips to help you manage today’s challenging financial situation.
Sometime in December U.S. farmers will receive forms from the USDA, asking them to participate in the 2017 Census of Agriculture. This national census is conducted every five years by the USDA National Agricultural Statistics Service (NASS).
A nomination for undersecretary of Agriculture for research, education and economics doesn’t typically draw much controversy.
Safety net payments are rolling from the USDA, and Secretary of Agriculture Sonny Perdue says he hopes the money will help farmers that are facing tough times this year.
Today, U.S. Secretary of Agriculture Sonny Perdue gave his official nod to Greg Ibach and Bill Northey, recommending them for positions at the U.S. Department of Agriculture (USDA). “These two nominees will bring experience and integrity to USDA the moment they walk in the door,” Perdue said in a prepared statement. Ibach was nominated by President Donald Trump to serve as Under Secretary for Marketing and Regulatory Programs, and Northey for the position of Under Secretary for Farm Production and Conservation. Greg Ibach serves as the Nebraska Director of Agriculture, while Northey is the Iowa Secretary of Agriculture. The two candidates must be approved by the U.S. Senate in order to step into the USDA positions. Perdue said he looks forward to “their speedy passage through the committee and floor votes” and urged the Senate to “act on other nominees awaiting approval as well.”
A law requiring foreign investors to report transactions of farmland to the U.S. Department of Agriculture has been on the books for almost 40 years. But as the amount of foreign-controlled farmland doubled in millions of acres between 2004 and 2014, the USDA has lapsed in enforcing the law, a review of USDA documents has found.
Corn and soybean stocks are both up from this time last year, per USDA’s Sept. 29 Grain Stocks report.