Crop insurance has been the most popular risk management tool among producers over the past two farm bills. It has also been a program supported by most members of Congress where it has been politically resilient, although not so much when the Administration is involved.
Crop insurance has been the most popular risk management tool among producers over the past two farm bills. It has also been a program supported by most members of Congress where it has been politically resilient, although not so much when the Administration is involved as it was in renegotiating the Standard Reinsurance Agreement in 2011. As a result of that accord, administrative and overhead reimbursements were capped at $1.2 billion, which reduced crop insurance spen...
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...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
