Items Tagged with 'row crops'

Farmers have long played a part in bringing new seeds and other technologies to market by trying things out on a small scale before a company makes a new product widely available. But now some ag tech start-ups are leveraging the knowledge and creativity of farmers to engage them earlier and more broadly in new product development.

Farmers' financial earnings are expected to increase this year, but fewer government payments and increased production costs will likely offset higher cash receipts, USDA's Economic Research Service said Thursday in its Farm Sector Income forecast.

Farmers who were facing a steep drop in government payments in 2021 will instead see a third round of coronavirus relief payments and other producers and ag processors left out of previous aid programs this year will get help this time, under a massive stimulus package and government funding bill.

Farmers can start enrolling next week for $16 billion in coronavirus relief payments, but the Agriculture Department has decided to prorate the aid to ensure there is enough money to go around, Agri-Pulse has learned.

As farmers struggle to plant crops or take prevented planting options this growing season, they aren't the only ones hurting. Ag retailers fear millions in losses and leftover inventory.