Interest rate - Articles - Page 7

Weekly Digest: House ag appropriations, farm bill timelines proposed

The USDA’s Organic Livestock and Poultry Standards final rule has been released.

October 30, 2023

Here is a brief look at the news affecting dairy producers as October 2023 comes to a close.

Economic Update: Interest rates impacting borrowers, lenders

The USDA will provide $2.3 billion to help U.S. agricultural producers build export markets and buy U.S. commodities for international food aid.

October 25, 2023

Dave Natzke

Farm lending activity at commercial banks has slowed as the Federal Reserve Board’s Federal Open Market Committee meets to consider adjusting interest rates again.

Taming a new economic environment

The current Canadian dairy economy faces challenges of growing imports, increasing volumes of SNF and record-high interest rates.

October 18, 2023

Vincent Cloutier

Marked by growing imports, the major challenge of adding value to solids non-fat (SNF) (which is putting pressure on farm gate prices) and the highest interest rates in over 20 years, the dairy industry is facing a challenging economic situation. Here's a look at a lucid industry that has been challenged before.

Economic Update: Dairy Forward Pricing Program has expired, for now

Oct. 16 is the deadline to sign up for the USDA’s Milk Loss Program.

October 13, 2023

Dave Natzke

With congressional failure to approve a 2023 Farm Bill, new milk supply contracts under the Dairy Forward Pricing Program are no longer authorized.

Economic update: Class I milk base price, culling rates hit five-month highs

The Class I milk base price rebounds in October while the year-to-date dairy cow culling rate is the highest since 1986.

September 22, 2023

Dave Natzke

The Federal Reserve Board’s Federal Open Market Committee (FOMC) voted to maintain the interest rate for federal funds at 5.5%.

Economic update: USDA reduces dairy export forecast

Despite the downturn, the dairy category remains a positive compared to the overall agricultural trade balance.

September 6, 2023

Dave Natzke

Private-lender interest rates on agricultural loans are moving higher and so are rates on loans through the USDA’s Farm Service Agency.

Don’t let the good times roll you

September 6, 2023

Andy Overbay

Money in the bank is like having a cow-calf operation. The more cows you have, generally the more calves you have to sell, and the higher your income is from that “calf crop.” Depleting your savings now is like selling your cows off.