Farmers and ranchers face a lot of unknowns right now. Executives at Modern Ag Alliance warn the list of challenges is growing.
They point to several issues, like the growing number of farm bankruptcies. The Farm Bureau reports 216 farms filed for Chapter 12 Bankruptcy last year, which is a 55 percent jump from 2023. An even more alarming issue they say surrounds the threat of losing glyphosate. They say it has been under attack for some time now, but remains a critical tool for farmers.
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The decline in production marks the second consecutive year of contraction in the U.S. turkey industry.
The USDA noted that peanut edible utilization season-to-date is down 3% on the year, despite overall stocks increasing.
“Those could’ve easily been our beans going over there. It goes to show that if that opportunity is there, China would be willing to buy.”
Missouri Director of Agriculture Chris Chinn joined us Monday to share highlights from Secretary Brooke Rollins’ visit and her perspective on USDA’s new initiatives.
North Dakota Farmers Union (NDFU) President Mark Watne joined us Monday to share his perspective on the America First Trade Promotion Program and potential implications for producers.
Duane Simpson, CEO of the National Council of Farmer Cooperatives (NCFC), joined us in Monday’s Market Day Report to share his perspective on the USDA’s plan and potential impact on producers.
