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28 Aug 2020
OMAHA (DTN) -- Farmers may be receiving a second round of Coronavirus Food Assistance Program (CFAP) payments sometime after Labor Day, U.S. Secretary of Agriculture Sonny Perdue said during a news conference Wednesday. USDA has about $14 billion available from funds allocated by Congress to the Commodity Credit Corp. starting in July.A second roun...
28 Aug 2020
ROCKVILLE, Md. (DTN) -- To see why the year 2020 may go down in history as the year of broken promises, look no further than Mother Nature.After a sprightly planting pace and good early season moisture built up big yield potential throughout the U.S., heat and dryness has fried the hopes of record crops for many farmers in the western and north-cen...
27 Aug 2020
OMAHA (DTN) -- Hurricane Laura in the Gulf of Mexico continued to track toward the Texas-Louisiana coast Wednesday afternoon. The storm reached "catastrophic" Category 4 status early Wednesday afternoon, according to the National Hurricane Center (NHC). The NHC also described the hurricane as "a formidable hurricane" in recent hours, threatening to...
27 Aug 2020
Double-digit up days in the markets are nice to see for everyone who has a long position, like a farmer with more crop yet to sell. On the soybean futures chart, these recent gains have been particularly significant because they have taken the market up out of the lackluster trading range of the past five months. Tuesday's high of $9.20 1/2 is the ...
27 Aug 2020
OMAHA (DTN) -- Attorneys for EPA and the U.S. Army Corps of Engineers asked a federal court this week to throw out a lawsuit challenging the Navigable Waters Protection Rule.Back in July, the South Carolina Coastal Conservation League asked the U.S. District Court for the District of South Carolina to vacate the rule, which was finalized by the Tru...