PNW Ag Source
How Has Infrastructure Law Impacted Ag In The First Six Months?
We're six months into the bipartisan infrastructure law and it's efforts to improve our nation's various forms of infrastructure, both rural and urban.
"We have funded over 4300 projects already, touching over 3200 communities across all 50 States
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Farmers National Company: Land Prices up 20%
The stronger land prices of late 2021 continued higher through the first half of 2022. After a calm period at the start of the year with prices steady, prices took another jump up as a result of the outbreak of war in Ukraine and ongoing inflation fears
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USDA Giving Urban Agriculture a Boost
As Agriculture Secretary Tom Vilsack has said many times, "Farming/agriculture is not necessarily the exclusive element of rural, it is also now very heavily engaged in urban communities across the United States."
And he would like to see it grow in urban areas, so it's part of USDA's framework for transforming the US agricultural system
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USDA Surveying Farmers about Planting
Lance Honig with NASS said they are preparing for the time of year when USDA conducts their massive annual survey about a 100,000 farmers asking producers how many acres of what crops they've planted.
"Or in many cases, especially this year in certain parts of the country, how many acres have you planted and still intend to plant
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USDA Rolls Out Training For Meat/Poultry Industry
The meat and poultry processing industry is a unique business with its own language; its own set of risks. Many bankers and other lenders may not be familiar enough with that business to want to loan money for meat and poultry processing projects
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Thompson, Boozman Call on White House to Withdraw Brief in Roundup Case
Republican lawmakers want the Biden Administration to withdraw its brief before the Supreme Court in a case involving the Environmental Protection Agency's federal registration authority of Roundup. John Boozman of Arkansas, the top Republican on the Senate Ag Committee, and Glenn GT Thompson, the top Republican on the House Ag Committee, penned the request in a letter Monday
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Farm Real Estate Debt Builds in First Quarter
Farm real estate debt at commercial banks grew modestly in the first quarter, while production loans remained steady. The Kansas City Federal Reserve Bank said alongside soaring farmland values, real estate loan balances increased at the fastest pace in four years and drove an increase in the overall amount of agricultural lending
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U.S./Japan Sign Revised Beef Safeguard Mechanism
Last year, Japan was the second largest beef export market for U.S. producers, with sales of topping $2.4 billion. As Dan Hallstrom of the US Meat Export Federation explained the increasing demand to the Japanese marketplace includes:
"Beef tongues going to Japan for yakineku; specialty item
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World Food Prices Drop in May
World food prices dropped in May, the second-straight monthly decrease after hitting a record high in March. The U.N.’s Food and Agricultural Organization says while overall prices dipped, the cost of cereals and meat both rose during May. The
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Ag Imports Forecasted Up in May
The latest USDA Ag trade forecast points towards record exports for fiscal year 2022. Yet while there was a significant increase in exports from the previous quarterly forecast, also rising from the previous report: Ag imports.
"Upward revision of imports and increase in year over year is the same countries we're talking about increasing exports, with an overall increase of both import and e