The American Soybean Association (ASA) just completed its July board meeting, and it is urging USDA to provide an administrative fix to the 2014 Farm Bill regarding the way payments are calculated under the Ag Risk Coverage (ARC) county-based payment program.The American Soybean Association (ASA) just completed its July board meeting, and it is urging USDA to provide an administrative fix to the 2014 Farm Bill regarding the way payments are calculated under the Ag Risk Coverage (ARC) county-based payment program. ARC was established in that bill, and payments made in October 2015 for 2014 saw a wide variance among counties, including neighboring ones. The ARC program is designed as follows:
A producer makes an election to enroll each cov...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
What You Need to Know Today: Wholesale inflation was flat in July, with the Producer Price Index (PPI) unchanged versus expectations for a 0.2 percent increase. Core PPI rose 0.2 percent, also below expectations. The softer inflation data has reduced the odds of a September interest rate incre...
