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Shining Light on Farm & Food Policy for 20 Years.
Saturday, November 23, 2024
Georgia, the Carolinas and eastern Tennessee are facing severe damage from category four Hurricane Helene that made landfall in Florida’s panhandle Thursday flattening crops, destroying infrastructure and taking over 130 lives in the storm’s destructive path.
Once-soaring land values appear to be softening in some parts of the U.S., a trend some rural bankers expect to continue as weaker-than-normal commodity prices and high input costs weigh on farmers’ bottom lines.
Farmer sentiment about the ag economy has reached its lowest level in eight years, according to the latest Ag Economy Barometer from Purdue University and the CME Group.
Robert F. Kennedy Jr. and his allies have been on Capitol Hill this week trying to build support for his claims that the food industry and agricultural practices are responsible for chronic childhood diseases. This comes amid questions about what role, if any, RFK Jr. could have in a second Trump administration.
Economists say that farm margins are likely to remain thin well into next year, despite expected cuts in interest expenses, creating a squeeze in farm income that has lawmakers debating some kind of aid package.
An impasse in discussions over an expiring contract has dockworkers readying for a strike that could leave containers piling up at ports along the East and Gulf Coasts, force cargo ships to sit in harbors until it clears, and scramble routes for agricultural goods at a critical time of year for farmers.
A senior Republican on the Senate Appropriations Committee said Monday lawmakers are considering attaching a package of farm income support to a farm bill extension that could be enacted at the end of the year.
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