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Big Issues Facing Farming

13 Jan 2021
OMAHA (DTN) -- Farm labor, broadband and infrastructure, climate change and sustainability, and ensuring diversity in agriculture were among the biggest issues the president of the American Farm Bureau Federation and the CEO of Land O'Lakes see facing agriculture, beyond the immediate challenges tied to the pandemic. In a conversation Monday during...

DTN Fertilizer Outlook

12 Jan 2021
By Logan Garcia Market Reporter - Fertecon Agribusiness Intelligence, IHS Markit The following is a breakdown of wholesale prices and trends of the various fertilizers in December 2020 and first two weeks of January 2021. AMMONIA Domestic: CF announced its spring prepay offers on anhydrous ammonia to start December, which began a month of strong fu...

Pilgrim's Pride Reaches Settlement

12 Jan 2021
OMAHA (DTN) -- Pilgrim's Pride Corp. has reached a $75 million settlement with a number of plaintiffs in an ongoing antitrust class-action lawsuit filed in 2016. The company made the announcement in a filing to the U.S. Securities Exchange Commission on Monday. "Pursuant to the agreement, Pilgrim's has agreed to pay the DPP Class $75 million, which...

Cash Market Moves

12 Jan 2021
As 2020 came to a close, a $2.3 trillion "Consolidated Appropriations Act of 2021" (H.R. 133) was finally signed into law by President Trump on Dec. 27, including a few provisions that will enhance the supply chain farmers and agriculture rely upon. The Water Resources Development Act (WRDA) of 2020 included a priority for the agricultural and bar...

SBA Gearing Up New PPP Loans

11 Jan 2021
OMAHA (DTN) -- Farmers, livestock producers and other small business owners can start applying for the Small Business Administration's new Paycheck Protection Program (PPP) loans as early as Monday if they are working with smaller financial institutions. Last spring when SBA opened the Paycheck Protection Program for loans, the lion's share of fund...
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