Following six missed reports, the USDA has released the first Crop Progress report since the government shutdown ended. Here’s a look at corn, soybean, and wheat crop progress for the week ending Nov. 16.
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New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month after a high-stakes meeting between President Donald Trump and Chinese leader Xi Jinping.
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Soybean futures tumbled from 17-month highs and corn futures also dropped sharply after USDA crop production and yield numbers, the agency’s first updates in over two months, failed to live up to bullish expectations built into the market during recent rallies.
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Support from the Price Loss Coverage (PLC) and Agriculture Risk Coverage, county option (ARC-CO) programs for the 2024 crop year are currently being processed and distributed by the Farm Service Agency (FSA). Payments from PLC are expected to be triggered for peanut and seed cotton base acres enrolled in that program, while ARC-CO payments are expected in many counties for base acres of most crops if they were enrolled ARC-CO. Total PLC and ARC-CO support for 2024 is estimated to approach $2.6 billion for 2024, with 89% of total payments from ARC-CO.
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With Congress passing another extension, some economists suggest a new reality may be setting in: the era of comprehensive Farm Bills could be ending, replaced by a piecemeal approach in Washington.
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Last week, eight USA Rice members and staff—including representatives from Southern Rice & Cotton, TRC, Producers Rice Mill, GF&P Zaunbrecher Farms, and Trinidad Benham Corporation—joined the U.S. Department of Agriculture’s (USDA) largest-ever agribusiness trade mission here, which brought together more than 160 participants.
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The U.S. Senate broke a 41-day long stalemate on Monday evening by passing a funding bill to end the longest partial government shutdown in history.
The Senate bill would fully fund USDA through the 2026 fiscal year. The bill also extends programs under the Agriculture Improvement Act of 2018 (commonly known as the 2018 farm bill) until at least Sept. 30, 2026. That would give the House and Senate Agriculture committees more time to try again to complete the rest of the farm bill.
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The USDA was expected to publish the 31st Crop Progress report of the growing season today, but the report was not published for the fifth week in a row because of the continued government shutdown.
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The federal government’s continued shutdown is no longer just a Washington standoff — it’s becoming a real-world problem for farmers and ranchers. As the days drag on without resolution, three Kansas State University economists warn that even with FSA offices back open, the absence of key USDA reports is rippling through every corner of the ag economy, from commodity markets to cattle prices and farm-level business planning.
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Offices that farmers count on for low-interest loans and disaster relief programs have reopened, even as the federal government shutdown drags on.
U.S. Secretary of Agriculture Brooke Rollins announced the reopening of 2,100 offices of the Farm Service Agency across the country at a crucial time for row crop farmers who are wrapping up the harvest, deciding whether to sell or store and planning for the next growing season.
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In a letter to Secretary of Agriculture Brooke Rollins, Congresswoman Julia Letlow thanked the Trump Administration for working to open up trade markets while highlighting the ongoing need for new market access for soybean producers.
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U.S. Secretary of Agriculture Brooke Rollins visited a Farm Service Agency (FSA) office in Louisiana Monday, marking her first stop at one of the 2,100 offices reopened nationwide following a presidential directive to resume operations during the ongoing government shutdown.
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Congressman Clay Higgins (R-LA), Governor Jeff Landry (R-LA), U.S. Department of Agriculture (USDA) Secretary Brooke Rollins, and Louisiana Commissioner of Agriculture Mike Strain held a roundtable discussion with Louisiana farmers, cattlemen, and aquaculture reps, focused on strengthening the state’s agricultural industry.
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Farmers in Louisiana are grateful Friday after much-needed funding was released by the U.S. Department of Agriculture amid an ongoing federal government shutdown.
Brooke Rollins, the U.S. Secretary of Agriculture, was in Amite Friday and announced that processed payments for farmers and paid employees are currently underway.
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