While more than 40 farm and commodity groups in the Farm Bill Now coalition rally for congressional action on a farm bill, the American Enterprise Institute (AEI) has created its own plan for a farm bill. The AEI's plan is based on the following arguments:
Farm programs channel 80 percent of that money to less than 200,000 large, generally very wealthy farms at roughly $400,000 per large farm over the five-year period. These larger farm households are much wealthier than the average taxpayer, typically with a net worth in the millions. They have much larger incomes, averaging around $135,000 a year and have very little debt, with the average farm's debt-to-asset ratio less than 9 percent. For the past seven years, almost all U.S. fa...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
