According to the U.S. Department of Agriculture Economic Research Service and Foreign Agricultural Service Situation and Outlook Report, U.S. agricultural exports in fiscal year (FY) 2025 are forecast at $169.5 billion, a decrease of $4 billion from the revised forecast for FY 2024. The decline is mostly attributed to lower unit values of soybeans, corn, cotton and beef. Ag Exports …
USDA Updates Farm Loan Programs for Farmers
WASHINGTON – The U.S. Department of Agriculture (USDA) announced changes last week to the Farm Service Agency’s (FSA) Farm Loan Programs, effective Sept. 25, 2024 — changes that are intended to increase opportunities for farmers and ranchers to be financially viable. These improvements, part of the Enhancing Program Access and Delivery for Farm Loans rule, demonstrate USDA’s commitment to improving …
USDA Seeks Nominees for Fruit and Vegetable Industry Advisory Committee
The U.S. Department of Agriculture (USDA) is seeking nominations from specialty crop stakeholders to serve on the Fruit and Vegetable Industry Advisory Committee (FVIAC). The deadline for nominations is Sept. 3, 2024. To help industry members through the nomination process, USDA will offer the following virtual office hours via Zoom: at https://www.zoomgov.com/j/16115836517. Thursday, August 15: 10 a.m. – 12 p.m. …
USDA Announces August 2024 Lending Rates for Agricultural Producers
WASHINGTON – The U.S. Department of Agriculture (USDA) has announced loan interest rates for August 2024, which became effective Aug. 1, 2024. USDA Farm Service Agency (FSA) loans provide important access to capital to help farmers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs. “I encourage our lenders and borrowers alike to work …
Tropical Storm and Hurricane Recovery Resources
On the heels of Hurricane Debby’s trek through the Southeast this week, the U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) reminds producers impacted by a tropical storm or hurricane that FSA has programs and resources available to provide assistance in recovery efforts. It is critical that producers keep accurate records to document damage or loss and report losses …
Ag Chemical Use Survey Results
The U.S. Department of Agriculture (USDA) National Agricultural Statistics Service (NASS) conducted an agricultural chemical use survey of fruit growers in 12 states, pertaining to 21 multiple fruit crops. Those surveyed included multiple states in the Southeast, including Florida, Georgia, South Carolina and North Carolina. Data is for the 2023 crop year, the one-year period starting after the 2022 harvest …
USDA Expands Fresh Market Beans Insurance Program to Florida
VALDOSTA, GA – The U.S. Department of Agriculture (USDA) is expanding the fresh market beans insurance program to two southern Florida counties: Hendry and Palm Beach. USDA’s Risk Management Agency (RMA) currently offers coverage in New York, North Carolina and Virginia. “Fresh market bean growers in Florida and stakeholders have asked for crop insurance,” said Davina Lee, director of RMA’s …
USDA Announces July Lending Rates for Farmers
WASHINGTON – The U.S. Department of Agriculture (USDA) announced loan interest rates for July 2024, which became effective July 1, 2024. USDA Farm Service Agency (FSA) loans provide access to capital to help producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs. “I encourage our lenders and borrowers alike to work with our …
USDA Seeks Nominees for Fruit and Vegetable Industry Advisory Committee
The U.S. Department of Agriculture (USDA) is seeking nominations from specialty crop stakeholders to serve on the Fruit and Vegetable Industry Advisory Committee (FVIAC). The deadline to submit nominations is Sept. 3, 2024. The Secretary of Agriculture will appoint up to 25 individuals for two-year terms to succeed members whose terms will expire Oct. 28. Detailed information about the advisory …
Production for Top Five Fresh Vegetables Increased 2%
The production of the top five fresh vegetables, not including potatoes, increased 2% from the prior season, though the national supply of fresh-market vegetables dropped by 1.2% in 2023, according to the U.S. Department of Agriculture Economic Research Service Situation and Outlook Report. The production increase was instigated by expansions in planted acreage, improved weather conditions and increased yields. Increases …