USDA’s Federal Crop Insurance Corporation (FCIC) published a new rule for crop insurance late last year, the Expanding Access to Risk Protection (EARP) rule that eliminates buy-up coverage for prevented planting policies. The rule proposes to:
Increase premium subsidies from 5 to 10 crop years that a producer can qualify for under beginning farmer and rancher benefits, with subsidies of 15 percent for the first two years, 13 percent for the third year, 11 percent for the fourth year, and 10 percent for years 5 through 10. Allow options for direct-marketed tomatoes and peppers beginning with the 2027 crop year. This change reflects how specialty crop growers in the Northeastern states conduct business and has been a frequent request f...
What You Need to Know Today: The June jobs report showed nonfarm payrolls increased by 57k jobs, less than the 115k jobs expected by economists surveyed by Dow Jones. The labor force participation rate dropped by 0.3 percent to 61.5 percent, the lowest since March 2021, and the lowest in 50 ye...
On 4 July 2026, the United States will commemorate the 250th anniversary of the signing of the Declaration of Independence. In observance of the Fourth of July holiday, Ag Perspectives will not be published on Friday, 3 July. We will resume our normal publication schedule on Monday, 6 July...
Today was the deadline for announcing intentions regarding renewal of the U.S.-Mexico-Canada Agreement (USMCA); the U.S. will not renew the USMCA, according to U.S. Trade Representative Jamieson Greer. President Trump will instead pursue separate bilateral trade deals with Canada and Mexico las...
