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The U.S. Department of Agriculture (USDA) has reached a historic $2.2 billion settlement to compensate Black and other minority farmers who faced years of systemic discrimination in farm lending programs. This landmark agreement will address decades of unfair treatment. It will also provide financial assistance to those affected by discriminatory practices before January 2021.

USDA Announces $2 Billion Settlement For Black And Minority Farmers

Reuters

CHICAGO (Reuters) - A spike in bargain-basement crop sales by U.S. farmers needing to make room in storage bins for autumn harvests could boost profitability at grain handlers such as Archer-Daniels-Midland and Bunge Global.

Analysis-Bunge, ADM to benefit as US farmers sell cheap crops in 'haul of shame'

I don’t know about the rest of you, but it seems like every time I turn around I am hit with news that really makes me wonder about our world. I read things that I never could have imagined five years ago – or really, even a year ago. It all starts to get me down, and then I look at the world right around me and I see the good in people.

Finding generosity and hope at the farmers market

Cropland values have climbed for four years in a row, but three out of four farmers expect cash rental rates in 2025 to remain the same this year, said a Purdue University poll on Tuesday. The monthly Ag Economy Barometer said the rest of producers were split fairly evenly between those who expected an increase and those expecting a decrease in rental rates.

Farmers expect land rental rates to hold steady in 2025

Wisconsin State

Budget constraints have caused the USDA to limit the number of reports it releases. Among these reports is the July cattle inventory report. However, there is enough historical context from which some conclusions may be drawn. Jason Franken from Western Illinois University has done the work in modeling these relationships.

Cattle Inventory Projections are Lower for 2025

The USDA announced changes to the Farm Service Agency’s Farm Loan Programs that take effect on September 25, 2024. The changes are intended to increase opportunities for farmers and ranchers to be financially viable. These improvements are part of the Enhancing Program Access and Delivery for Farm Loans rule.

USDA Updates Farm Loan Programs

Iowa State

Dubuque, IA

New York Post

Tractor giant John Deere faced backlash after announced it was laying off hundreds of workers across the Midwest — even as it continues to operate a manufacturing hub in Mexico.

The Illinois-based company, which is the world’s largest seller of large tractors and other farm equipment, informed hundreds of employees in Iowa last week that they were out of a job.

Around 100 people will come from the plant in Dubuque, according to Hoosier Ag Today.



Earlier this month, John Deere said it would be cutting 600 jobs at three facilities in Illinois and Iowa.

The company said it planned to eliminate 28 positions...

John Deere under fire for laying off hundreds of American workers as it shifts manufacturing to Mexico

CBS News

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  Gold investors who got started with the metal at the end of 2023 or early 2024 have benefited from significant price growth this year. The precious metal was priced at $2,063.73 on January 1 but has broken numerous price records since that time. The latest record, set July 17, saw the metal surge to a new record of $2,472.46 per ounce. And while it's come down slightly since, it's still high and could soon eclipse a new record.Against this...

The price of gold is down. Here's when it could change again.

Alabama State

NewsOne

Biden's administration issued $2 billion to black and minority farmers who experienced mistreatment by the USDA, as announced on Wednesday.
The post Black Farmers Granted $2 Billon From USDA To Address Historical Discrimination appeared first on NewsOne.

Black Farmers Granted $2 Billon From USDA To Address Historical Discrimination

Mississippi State

Reuters’ Leah Douglas reported Wednesday that “the U.S. Department of Agriculture said on Wednesday it has issued $2 billion of financial assistance to more than 43,000 farmers, ranchers and forest landowners who experienced past discrimination in the agency’s farm lending programs.”. “The Inflation Reduction Act allocated $2.2...

USDA Providing $2 Billion In Discrimination Payments

The Independent

 The Biden administration has doled out more than $2 billion in direct payments for Black and other minority farmers discriminated against by the U.S. Department of Agriculture, the president announced Wednesday.More than 23,000 farmers were approved for payments ranging from $10,000 to $500,000, according to the USDA. Another 20,000 who planned to start a farm but did not receive a USDA loan received between $3,500 and $6,000. Most payments went to farmers in Mississippi and Alabama. USDA Secretary Tom Vilsack told reporters that the aid “is not compensation for anyone’s loss or the pain endured, but it is an...

Black and other minority farmers are getting $2 billion from USDA after years of discrimination

One group is seeking an emergency injunction citing the Supreme Court’s repeal of the Chevron Doctrine

Discrimination relief payments begin as some Black farmers ask courts to include heirs in program

WASHINGTON – The U.S. Department of Agriculture (USDA) has announced loan interest rates for August 2024, which became effective Aug. 1, 2024. USDA Farm Service Agency (FSA) loans provide important access to capital to help farmers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.

USDA Announces August 2024 Lending Rates for Agricultural Producers

MOLINE, IL – The National Black Farmers Association (NBFA) President John W. Boyd, Jr. has called for the resignation of John Deere CEO John May and initiated a boycott against the company. Boyd’s demands come in response to John Deere’s continued plans to launch an autonomous tractor by 2030,...

Shocking Move: John Deere’s New Robot Tractors Could Leave American Farmers Jobless!

As news of large layoffs at ag equipment manufacturers make headlines and auction prices continue to soar, producers are hesitant to invest in new machinery. But is the current situation actually a good time to buy? On the latest Unscripted podcast, host Tyne Morgan brings in Greg Peterson (AKA Machinery Pete) to help unravel what’s happening.

Machinery Pete Sees a Surprising Opportunity in the Current Ag Equipment Market

Missouri State

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CJ Coombs

Denny's was once a staple of the American diner landscape. In recent years, it has had its ups and downs, especially post-pandemic. The dining habits of people also change. Some customers have a more discerning taste.

Denny's: a legacy of serving customers for over 65 years including 27 locations in Missouri

South Dakota State

Mitchell, SD

South Dakota Farm Bureau (SDFB) will feature hot ag topics with Congressional leaders, farm broadcaster Mike Pearson and a chance to win $500 in groceries at this year’s Dakotafest, Aug. 20-22 near Mitchell, S.D. All three days SDFB will offer free coffee and doughnuts while supplies last, beginning at...

South Dakota Farm Bureau to host forums at Dakotafest

North Carolina State

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Pittsboro, NC

Town Talks

When it comes to dining out, the search for that perfect restaurant experience can be daunting. However, the food experts at LoveFood.com have taken some of the guesswork out by compiling a list of the most famous restaurants in every state.

The Most Famous North Carolina Restaurant Is Not Where You Think

Columbia, MO

Every year, Missouri farmers lose millions of dollars in valuable nutrients that wash away into rivers and lakes. Those nutrients — nitrates and phosphates found in fertilizers — are crucial for plant growth, but they wreak havoc on aquatic life when they end up in waterways. University of...

Researcher in search of smarter sensor

Louisiana State

Investigate Midwest

The U.S. Department of Agriculture has sent out long-awaited payments to minority farmers and others in need of aid, but some say it’s not enough to offset years of discrimination. The department issued more than $2.2 billion in payments to more than 43,000 farmers across the country in the...

Federal aid addresses discrimination for thousands of farmers after years of delay

NewsBreak

Farmers expect better times

All three broad-based measures of farmer sentiment improved in July. The Purdue University-CME Group Ag Economy Barometer Index increased 8 points to 113. At the same...

Farmers expect better times

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