$9.5 billion would be used to specifically assist livestock producers affected by the pandemic, such as cattle ranchers, and hog and dairy farmers. | File photo

U.S. COVID-19 stimulus bill adds billions in support for farmers

CHICAGO (Reuters) – The U.S. COVID-19 stimulus bill that U.S. senators will vote on would add $14 billion to the Agriculture Department’s Commodity Credit Corp spending authority, and authorize another $9.5 billion for U.S. farmers hurt by the fast-spreading pandemic, according to a copy of the bill’s text. The $2 trillion bipartisan legislation, set for […] Read more

Calls for U.S. farm debt, loan relief grows as coronavirus spreads

CHICAGO, (Reuters) – U.S. livestock producers are urging the Department of Agriculture to let them defer or adjust payments for government loans as the coronavirus hits the already struggling farm economy, the largest U.S. farmer trade group said. The American Farm Bureau Federation’s request was made in a March 17 letter outlining a wide swath […] Read more

The American Farm Bureau Federation's request was made in a March 17 letter outlining a wide swath of concerns, ranging from access to farm labor to supply chain worries of the fast-spreading virus. Many U.S. economic sectors have sought federal government relief. | File photo

Calls for U.S. farm debt, loan relief grows as COVID-19 spreads

CHICAGO (Reuters) – U.S. livestock producers are urging the Department of Agriculture to let them defer or adjust payments for government loans as the COVID-19 virus hits the already struggling farm economy, the largest U.S. farmer trade group said. The American Farm Bureau Federation’s request was made in a March 17 letter outlining a wide […] Read more


ADM, which operates in China, could be impacted if the coronavirus outbreak impacts the global gross domestic product, Chief Executive Officer Juan Luciano said during a post-earnings conference call with analysts. | Screencap via adm.com

ADM CEO says no ‘significant’ coronavirus business impact for now

CHICAGO, (Reuters) – The coronavirus that is quickly spreading across China and beyond is not expected to have a significant business impact on global grain trader Archer Daniels Midland at this point, Chief Executive Officer Juan Luciano said on Thursday. The company, which operates in China, however, could be impacted if the coronavirus outbreak impacts […] Read more

The USDA increased its net farm income forecast for 2019 by more than 10 percent, to $92.5 billion, driven largely by the Trump administration's trade aid payments to farmers and federal insurance indemnities from extreme weather events, USDA Economic Research Service senior economist Carrie Litkowski said in a conference call with reporters. | File photo

U.S. farm income expected to rise in 2019, but only because of government aid

CHICAGO, (Reuters) – Nearly one-third of projected U.S. net farm income this year will come from government aid and taxpayer-subsidized commodity insurance payments, according to a forecast issued last week by the U.S. Department of Agriculture. The USDA increased its net farm income forecast for 2019 by more than 10 percent, to $92.5 billion, driven […] Read more


U.S. propane prices surged 20 percent in October.  |  Getty Images

Midwest farmers scramble for propane

CHICAGO — Months after historic floods ravaged the U.S. Midwest, farmers scrambling to harvest their crops face a new headache: finding fuel to dry their soaked grains. Normally, farmers use propane as fuel for grain dryers to reduce moisture levels in corn crops to ready for sale or to safely store the grain. But the […] Read more

The extraordinarily wet spring delayed planting, and a waterlogged fall delayed harvesting and produced wet crops. That caused a surge in propane demand among crop farmers, even as livestock producers are buying to keep their barns warm and rural homeowners try to heat their homes - all of which is straining aging infrastructure used to deliver that fuel. And keeping people and animals warm takes precedence over grain drying. | File photo

High demand for propane challenging U.S. farmers

CHICAGO, (Reuters) – Months after historic floods ravaged the U.S. Midwest, farmers scrambling to harvest their crops face a new headache: finding fuel to dry their soaked grains. Normally, farmers use propane as fuel for grain dryers to reduce moisture levels in corn crops to ready for sale or to safely store the grain. But […] Read more

A constituency that helped carry Republican President Donald Trump to victory in 2016, U.S. farmers have been among the hardest hit from his trade policies that led to tariffs with key trading partners such as China, Canada and Mexico. | File photo

Many U.S. farmers fume at Washington, not Trump, over biofuel, trade policies

ROCHESTER, Minn./CHICAGO (Reuters) – American farmers helped elect President Donald Trump in 2016 on hopes he would shake up Washington and turn around a struggling agricultural economy, but many of his policies have actually stung farmers, notably his trade war with China and biofuel waivers for oil refiners. Many farmers are angry, and some are directing their anger […] Read more


At Trump's direction, the U.S. Department of Agriculture has rolled out $28 billion in trade aid for farmers over the past two years - $12 billion last year and another $16 billion announced this July and being disbursed now. |  REUTERS/Carlos Barria photo

Trump trade-war aid sows frustration in farm country

ROCHESTER, Minn., (Reuters) – The U.S. government is paying Texas cotton farmer J. Walt Hagood $145 an acre for losses related to U.S. President Donald Trump’s trade policies. But Minnesota soybean farmer Betsy Jensen will get just $35 an acre. Both farmers’ sales have taken heavy blows in Trump’s trade war with China. Neither understands […] Read more

Farm loan delinquencies surge in U.S. election battleground Wisconsin

WASHINGTON/CHICAGO, (Reuters) – Farm loan delinquencies rose to a record high in June at Wisconsin’s community banks, data showed on Thursday, a sign President Donald Trump’s trade conflicts with China and other countries are hitting farmers hard in a state that could be crucial for his chances of re-election in 2020. The share of farm […] Read more