The ag markets are holding steady as lawmakers work to keep the government running. As farmers look ahead to next year, farm creditors say inputs may be cheaper but that relief is hiding a bigger problem.
“We’re seeing large declines in expenses for feed, fertilizer, and fuels, although there are still some increasing costs for things such as interest on debt or on labor costs. Now at an aggregate level, we can look at this and say that liquidity and profitability ratios for the sector have been largely stable. Ratios are improving, but these aggregate stories really are masking sub-sector strain,” said Greg Lyons.
Crop receipts are expected to be down $32 billion from last year. It is one reason multiple ag groups have been pushing lawmakers to get emergency aid to farmers.
Officials say the FDA-approved generic drug kills most screwworm larvae within hours of administration. The medication is available in two dosage strengths and is administered based on an animal’s weight.
Secretary Brooke Rollins announced the distribution of a comprehensive memorandum on Friday in Fort Worth, at RFD-TV’s Rural Town Hall presented by the Western Caucus Foundation.
The special presentation by RFD-TV and the Western Caucus Foundation will feature keynote remarks by U.S. Secretary of Agriculture Brooke Rollins.
The report gives producers a mostly stable row-crop balance sheet with sharper signals in wheat and meat markets.
Panama matters to agriculture as both a freight corridor and a potential future market for U.S. ethanol.
Ethanol and feed coproduct exports remain strong outlets for corn demand, even after April’s pullback.
