coronavirus

Agriculture Department Guarantees $1 Billion in Loans for Ag Producers and Rural Businesses

On May 22, Agriculture Secretary Sonny Purdue announced the move while reaffirming the Trump administration’s commitment to helping farmers and other rural businesses survive during the coronavirus pandemic. Going forward, USDA will offer 90 percent guarantees on Business & Industry

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Posted in Agriculture, Cattle, Farming, Feature, Federal Policy, News Desk

COVID-19 Losses Forecast at $10 Billion for Ethanol Industry

The one-two punch of slashed production rates combined with a pandemic-related drop in demand could send US ethanol sales plummeting by a third for 2020, according to the Renewable Fuels Association. With 40 percent of every row of corn and

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Posted in Agriculture, Cattle, Energy, Farming, Feature, News Desk

CARES Act Directs $49 Billion to Agricultural Producers

From that total, the Secretary of the Department of Agriculture received $9.5 billion to roll out an array of food- and ag-related benefits. Funding includes relief for farmers affected by COVID-19 with an emphasis on specialty crop farmers and producers

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Posted in Agriculture, Cattle, Farming, Feature, Federal Policy, News Desk

Corn Farmers Brace for Drop in Demand

The coronavirus pandemic is resulting in lower demand for gasoline and negatively impacting demand for corn used for ethanol. According to Todd Hubbs at the University of Illinois, gasoline consumption could dip 15 to 20 percent in the coming months,

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Posted in Agriculture, Energy, Farming, Feature, Great Plains, Illinois, Midwest, News Desk

Excerpts from COVID-19 Conference Call

The following excerpts from a conference call with economist Mark Dotzour PhD, Peoples Company president Steve Bruere, and Land Report editor Eric O’Keefe have been edited for content and clarity. An audio file of the conversation is available at the

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Posted in Agriculture, Equities, Farming, Federal Policy, News Desk

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