Farmer Sentiment Drifts Lower on Weaker Future Expectations

WEST LAFAYETTE, Ind. — Farmer sentiment drifted downward in June as the Purdue University/CME Group Ag Economy Barometer reading of 105 was 3 points lower than a month earlier. The overall decline in sentiment was due to a 5-point
Thirty Million Farm Acres Abandoned Since 1986

In 2022, a University of Wisconsin study claimed that U.S. farmers had converted several million acres of pristine grassland and other “semi-natural areas” to cropland. Researcher Tyler Lark said that was in response to the Renewable Fuel
Smithfield Foods to Close Altoona, Iowa, Facility

Smithfield, Va., July 1, 2024 — Smithfield Foods will close its Altoona, Iowa, ham boning facility and consolidate production volume at other locations to improve the efficiency of its manufacturing platform. Smithfield will provide transition assistance to 314
Stabenow Talks About the SNAP Payment Error Rate

Senator Debbie Stabenow (D-MI), chair of the Senate Ag Committee, released a statement on the payment error rate for the Supplemental Nutrition Assistance Program. “While states faced many challenges ensuring access to SNAP during COVID and unwinding
Grassley Says Vilsack Wrong on Lowering Farm Bill Expectations

A top Senator says USDA Secretary Tom Vilsack’s call for the GOP to lower its farm bill expectations is “wrong.” Iowa Senator Chuck Grassley isn’t buying it, not given the state of U.S. agriculture today. Asked about