Category Archives: Agriculture News & Information

Midwest Farm Loan Repayment Issues Hit Highest Level Since 1999

Midwest Farm Loan Repayment Issues Hit Highest Level Since 1999

A new farm survey by the Federal Reserve Bank of Chicago on Thursday detailed farm loans at Midwest banks are having the most repayment difficulties in 20 years. Following six years of falling farm income and rising debt levels, and the recent addition of record floods across the Farm Belt and the trade war between the US and China, a farm crisis on par to the 1980s could be imminent.

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Farm Loan Delinquencies And Bankruptcies Soar, Incomes Plunge

Farm Loan Delinquencies And Bankruptcies Soar, Incomes Plunge

Delinquency rates of agriculture loans have been above historical averages in the last several years as farm incomes in the Midwest and Mid-Southern states have collapsed over the previous six years. Net farm income, a broad measure of profits, has fallen 45% since a high of $123.4 billion in 2013 to about $63 billion last year, according to the US Department of Agriculture (USDA).

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Why The Banana Business Of Chiquita And Dole Is At Risk [VIDEO]

Why The Banana Business Of Chiquita And Dole Is At Risk

A deadly fungus is spreading from Southeast Asia and wiping out whole plantations of America’s favorite fruit: the banana. The tropical fruit’s popularity is thanks to a few pioneering entrepreneurs, who founded Chiquita under a different name over a century ago. Now, the business they built is at risk of decimation if the fungus reaches Latin America, the source of 97% of the U.S.’ banana imports.

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“As Many As A Million Calves Lost In Nebraska” – Beef Prices To Escalate Dramatically In Coming Months [VIDEO]

“As Many As A Million Calves Lost In Nebraska” – Beef Prices To Escalate Dramatically In Coming Months [VIDEO]

Food production is going to be well below expectations. Millions of bushels of wheat, corn and soybeans have been destroyed by the flooding so far in the Midwest, and thousands of farmers will not be able to plant crops at all this year. Livestock losses experienced will be felt for many years to come and no one is quite sure what final numbers will look like when the livestock losses for all the states affected by the flooding are tallied up. Expect food prices to escalate in the coming months.

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“Dark Path Ahead”: Why American Farmers Dread The Trade War

While automakers – and their dealerships – are getting most of the headlines this week, the effects of the escalating trade war between Presidents Trump, Xi, and Putin are rippling across numerous US industries – directly, and indirectly. Makers of whiskey, cheese, auto parts and more are contending with the global tariff battle – but it is US farmers that appear to be suffering the most.

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2018 Austin County Soil And Water Conservation – Banquet of Champions

Tuesday, June 5, 2018, the Austin County Soil and Water Conservation District held their annual “Banquet of Champions” at the Cat Spring Agricultural Society Hall. Awards were presented for the winners of this years poster and essay contest who showed this years theme, “Healthy Soils Are Full of Life!”

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