While cash receipts for crop farmers are expected to fall $26.2 billion
this year just for corn, soybeans and wheat, the farm program safety nets,
Agricultural Risk Coverage and Price Loss Coverage, won't offer any support
with checks in October.
=^Farmer Aid Urged Over Grain Prices
Both on-feed and placement data will be closely watched Friday when USDA
releases its Sept. 1 Cattle on Feed Report. Once again, there is a large
variance between what analysts believe placements could be.
4^USDA Cattle on Feed Report Preview
Growth Energy unveiled the preliminary results of a study conducted by the
Energy Futures Initiative Foundation that shows corn-based ethanol can
accelerate toward net-zero carbon emissions by stepping up the use of current
production and farm practices.
1^Study: Ethanol Can Move to Net-Zero
On Thursday, USDA announced $35 million in grants under the Meat and
Poultry Processing Expansion Program (MPPEP). Created as part of the American
Rescue Plan, the MPPEP provided more than $325 million to 74 meat and poultry
processing facilities nationally.
@^New Meat, Poultry Processing Grants
Interest rates are too high for current economic conditions. The Federal
Reserve has started to lower them and signaling it could lower them a lot.
BAn Urban's Rural View
