On 31 December the USDA announced the per acre payment rates for the Farmer Bridge Assistance (FBA) program for producers hit by the ongoing tariffs. Cotton and rice will receive the highest payments. On 15 December WPI estimated the upcoming payments, with cotton and rice at the top of the list, but with payment rates at 18.3 percent higher for cotton and 23 percent higher for rice. The final payments for corn, soybeans, and sorghum were all lower, at 8 percent for corn, 2 percent for soybeans, and down 4 percent for sorghum. Wheat payments were up 5 percent from initial estimates.
Rapeseed and crambe which were included in the original list of crops to receive payments were not included in the final list of...
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 In observance of the Fourth of July holiday, Ag Perspectives will not be published on Friday, 3 July.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...