USDA has suspended $500 million in food bank funding.
The Department says the previous Administration created unsustainable expectations for the Emergency Food Assistance program, pointing to spending authority under the Commodity Credit Corporation.
Senate Democrats are pushing back on the move, saying it would have a “significant and damaging impact,” according to AgriPulse.
Story via Rebekah Alvey with AgriPulse
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Smaller cow numbers and a declining calf crop point to prolonged tight cattle supplies, limiting near-term herd rebuilding potential.
The federal government’s status is far from the only factor moving the markets on Friday. Two critical reports released today on producer inflation and the status of the U.S. cattle herd are also top of mind.
A rapidly intensifying winter storm is expected to develop into a bomb cyclone this weekend, affecting the Southeast, southern Virginia, and potentially parts of the mid‑Atlantic and New England.
AFBF Economist Danny Munch shares a closer look at the dairy market and the forces impacting producers today.
Farm CPA Paul Neiffer helps producers navigate farm program payments and understand the key details farmers need to know.
Reliable waterways lower costs, protect export demand, and support long-term farm profitability.
