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NAFB News Service

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CoBank: U.S. Economy Gaining Momentum

The U.S. economy continues to outperform expectations as stimulus funds are fueling robust consumer spending. Forecasts point to 7 percent GDP growth for 2021, the...

Farm Taxes Will Skyrocket Without Stepped-up Basis

A proposal to eliminate the stepped-up basis in agriculture would have a costly impact. Tax policy is important in helping farmers pass their operations...

April WASDE Shows Lower Corn and Higher Wheat Ending Stocks

The April World Ag Supply and Demand Estimate report from USDA calls for lower corn and higher wheat stocks in the U.S. at the...

Fertilizer Prices Up At Least 17 Percent From Fall 2020

Fertilizer prices are up dramatically this spring, increasing input costs for growers. Data from the USDA shows prices are up between 17 and 57...

Consumers Plan Record Spending on Easter

Consumers plan to spend an average of $179.70 this Easter, the highest figure on record, according to survey results released by the National Retail...

CCC Won’t Buy and Sell Sugar Under Feedstock Flexibility Program

The USDA’s Commodity Credit Corporation won’t be buying and selling sugar under the Feedstock Flexibility Program for the 2020 crop year, which runs through...

EPA States Position on RFS Exemptions Before the Supreme Court

The Environmental Protection Agency filed a brief with the Supreme Court last week that lays out its new position on the Renewable Fuel Standard. A...

House Ag Hearing Focuses on Black Farmers

The House Agriculture Committee held a historic hearing Thursday reviewing the state of Black farmers in the United States. The hearing detailed decades of systemic...

Farm Tractor Sales Show Steady Growth Despite COVID-19

Farm tractor unit sales rose 41 percent in February compared to the same time last year. Curt Blades is the Senior Vice President of...

Japan Setting Temporary Higher Tariff on U.S. Beef

Japan is imposing an emergency tariff hike on U.S. beef imports late this week. The volume of imports for the fiscal year 2020 is...

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