Category Archives: Uncategorized

Fed Governor Calls for Regulators to ‘Develop and Refine’ Supervision of Community Banks

Earlier this week, Wall Street Journal writer Lalita Clozel reported that, “Federal Reserve governor Michelle Bowman called Monday for regulators to ‘develop and refine’ how they supervise community banks ‘to fit the smaller size and less-complex risk profiles of these banks.’ “‘I witnessed firsthand how community banks were significantly affected by the global financial crisis, a… Continue Reading

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2018 Net Farm Income Projected to Decrease

The U.S. Department of Agriculture’s Economic Research Service (ERS) indicated on Thursday that, “Net farm income, a broad measure of profits, is forecast to decrease $9.8 billion (13.0 percent) from 2017 to $65.7 billion in 2018, after increasing $13.9 billion (22.5 percent) in 2017. Net cash farm income is forecast to decrease $12.4 billion (12.0… Continue Reading

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Ranchers Divided Over USDA Reversal on Pricing Rules for Meatpackers

Tom Lutey reported yesterday at The Billings Gazette Online that, “Bill Bullard was hopeful President Donald Trump’s rhetoric about draining the political swamp would mean cracking down on powerful meat packing companies, too. “Bullard, the CEO of the Ranchers-Cattlemen Action Legal Fund, United Stockgrowers of America, has for years preached against the federal farm policies… Continue Reading

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