Author Archives: Keith Good

USDA Adds Flexibilities for Crop Insurance to Support America’s Farmers and Ranchers

A news release on Friday from USDA’s Risk Management Agency (RMA) stated that, “[RMA] is authorizing additional flexibilities due to coronavirus while continuing to support producers, working through Approved Insurance Providers (AIPs) to deliver services, including processing policies, claims and agreements. These flexibilities include: enabling producers to send notifications and reports electronically, extending the date… Continue Reading

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USDA Announces More Than 3.4 Million Acres Selected for General Signup Conservation Reserve Program

A news release yesterday from USDA’s Farm Service Agency (FSA) stated that, “Agriculture Secretary Sonny Perdue today announced the acceptance of more than 3.4 million acres in the general Conservation Reserve Program (CRP) signup recently completed, the first general signup enrollments since 2016. Through CRP, farmers and ranchers receive an annual rental payment for establishing… Continue Reading

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FSA Makes Changes to Farm Loan, Disaster, Conservation and Safety Net Programs to Make it Easier for Customers to Conduct Business

A news release today from USDA’s Farm Service Agency (FSA) stated that, “[FSA] county offices are open by phone appointment only until further notice, and FSA staff are available to continue helping agricultural producers with program signups, loan servicing and other important actions. Additionally, FSA is relaxing the loan-making process and adding flexibilities for servicing… Continue Reading

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“Welcome to M&A During a Pandemic”

Bloomberg writers Dinesh Nair, Liana Baker, and David Hellier reported this week that, “As the coronavirus roils markets, dealmakers are pulling out all their tricks to get transactions done. Auctions are accelerating in case conditions worsen. Sellers are choosing cash upfront over higher offers; and they’re doing it all over video chat while pets and… Continue Reading

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EPA’s Interim Registration Approval of Glyphosate Faces First Court Challenge

DTN writer Todd Neeley reported yesterday that, “EPA’s interim registration approval of glyphosate in January now faces its first court challenge, as a number of food safety, farm worker and environmental groups have asked a federal appeals court to review the decision. “The Rural Coalition, Organizacion en California de Lideres Campesinas, Farmworker Association of Florida,… Continue Reading

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“Corona Clause” Crops Into Loan Documentation

Joe Rennison reported last week at The Financial Times Online that, “Lawyers are calling it the ‘corona clause’: new language that has cropped up in loan documentation giving borrowers more leeway to absorb hits to their businesses caused by the viral outbreak. “Such terms could allow for lost revenues to be added back to calculations… Continue Reading

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United States Honey Production Up 2 Percent in 2019

An update yesterday from the USDA’s National Agricultural Statistics Service (NASS) stated that, “United States honey production in 2019 totaled 157 million pounds, up 2 percent from 2018. There were 2.81 million colonies producing honey in 2019, down 1 percent from 2018. Yield per colony averaged 55.8 pounds, up 2 percent from the 54.5 pounds… Continue Reading

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Agricultural Producers Encouraged to Visit Farmers.Gov for Updates on Services in Their Community

An update today from USDA stated that, “As proactive health measures are put in effect nationwide to reduce the spread of coronavirus, the USDA is taking measures to ensure the safety of its employees and customers. As a result, access to certain facilities may be limited while remaining open for business. All service center visitors wishing to… Continue Reading

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Syngenta Corn Class Action Payments Expected to be Sent Out This Week

DTN writer Todd Neeley reported yesterday that, “The first settlement payments for farmers in the Syngenta corn class action lawsuit are expected to be sent out sometime this week, according to an announcement from attorneys representing farmers in the case. “A majority of farmers can expect total payments exceeding $5,000, according to a news release… Continue Reading

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An Airbnb For Farmland Hits A Snag

Last month, Dan Charles reported at National Public Radio (NPR) Online that, “Parker Smith grows corn and soybeans on land near Champaign, Ill., together with his father and uncle. But Smith Farms doesn’t own most of the land it uses. ‘About 75 percent of what we farm is rented ground,’ he says. “This is common…. Continue Reading

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