USDA entered the year with nearly $31 billion for financial assistance to farmers experiencing economic and natural disasters. Many are now wondering how payments will be calculated and distributed.
Executive Head of Terrain, John Newton spoke with RFD-TV’s own Tammi Arender on how these payments vary by crop, the timing of the payments, and what producers need to keep in mind.
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The USDA NASS report also confirms lower August placements.
Lawmakers and ag industry groups welcomed the confirmations, citing the direct impact of these leaders on western ranchers, water and land management, conservation programs, and regulatory reform.
All eyes will be on today’s Cattle on Feed Report, which analysts say could give a clearer picture of where the market goes next.
Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
Cheaper freight is helping exports move, especially corn, but weaker soybean demand looms large.