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18 Sep 2024
MT. JULIET, Tenn. (DTN) -- The Federal Reserve offered farmers, businesses and consumers some relief on Wednesday as it lowered its benchmark federal funds rate by half a percentage point to a range between 4.75% and 5%. "Wednesday's half-percent rate cut is a good start for easing price pressures on agriculture, and more is needed ahead," DTN Lead...
18 Sep 2024
WASHINGTON (DTN) -- Staff directors for the chairs and ranking members of the House and Senate agriculture committees are meeting about the farm bill. Senate Agriculture Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Committee Chairman Glenn "GT" Thompson, R-Pa., told DTN about farm-bill talks on Tuesday evening after each spo...
18 Sep 2024
OMAHA (DTN) -- Eight years ago, sixth-generation farmer Zach Johnson from Lowry, Minnesota, couldn't have imagined the success he would have from uploading daily YouTube videos about his family's farming operation. Now well-known as the Millennial Farmer, the 40-year-old is using his online success to give back to his community, create awareness an...
18 Sep 2024
OMAHA (DTN) -- For the first time in eight weeks, multiple average retail fertilizer prices showed considerable declines during the second week of September 2024, according to sellers surveyed by DTN. Prices for seven of the eight major fertilizers were lower compared to last month. In addition, three fertilizers had sizeable price declines. DTN de...
17 Sep 2024
MT. JULIET, Tenn. (DTN) -- Interest rates on farm loans are at multi-decade highs, and many hope relief will come on Wednesday afternoon. The Federal Reserve is widely expected to cut interest rates for the first time since its inflation battle began in 2022, but what's uncertain is the size of the cut, whether it's a quarter-percentage point or a ...