News

USDA Offers Drought Impacted Iowa Farmers and Ranchers Immediate Disaster Assistance

Farm Service Agency Stands Ready to Assist Agricultural Producers Affected by Drought Iowa Farm Service Agency (FSA) reminds farmers and ranchers in of federal farm program benefits that may be available to help eligible producers recover from drought. FSA offers disaster assistance and low-interest loan programs…

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News

CDC Releases Checklist for Creating a COVID-19 Control Plan on Farms

https://www.agweb.com/article/cdc-releases-checklist-creating-covid-19-control-plan-farms The Centers for Disease Control and Prevention (CDC) this week published a checklist for agricultural employers to use to prevent and slow the spread of COVID-19. The checklist, developed by the CDC and the U.S. Department of Labor assists employers…

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Livestock

Processing Capacity Lower Beef Prices at Grocery Stores Ahead? 6/22/2020 | 5:44 PM CDT

Wholesale beef prices are getting close to last year’s lows, thanks to breaks in production logjams at slaughter facilities. That’s what Texas A&M AgriLife Extension economist David Anderson is seeing. He reported choice beef cutout (steaks, briskets, prime chuck, roasts) peaked at $4.59 per pound as Covid-19 began to interrupt…

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Financing

FSA Offers Joint Financing Option on Direct Farm Ownership Loans

The USDA Farm Service Agency’s (FSA) Direct Farm Ownership loans are a resource to help farmers and ranchers become owner-operators of family farms, improve and expand current operations, increase agricultural productivity, and assist with land tenure to save farmland for future generations. Depending on the applicant’s needs…

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Financing, News

No end in sight for dairy farmer struggling with loan issue

Original Article: https://www.farmprogress.com/farm-policy/no-end-sight-dairy-farmer-struggling-loan-issue The impact of the government shutdown is real for Reynoldsville, Pa., dairy farmer Bill Smith. He was having problems with his local USDA Farm Service Agency long before the shutdown, but his situation has gotten worse…

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Financing

Ag Interest Rate Snapshot

Farm Credit Rates 6/26/2020 | 7:36 AM CDT https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2020/06/26/farm-credit-rates DTN Ag Interest Rate Snapshot TODAY – LAST YEAR as of: 6/26/20 6/26/19 BENCHMARKS Prime Rate 3.25 5.50 30-Day Libor 0.18 2.40 1-Year Libor 0.57 2.15 10-Yr. Treasury 0.66 2.01 CCC Loan Rate 1.125 3.375 Real Estate…

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