Economics

House Approves, Trump Signs Coronavirus Stimulus into Law

President Donald J. Trump today signed the “Coronavirus Aid, Relief and Economic Security Act” (CARES Act) into law with provisions to provide financially distressed consumers and small businesses greater access to business loans and bankruptcy relief. The legislative package, which quickly passed the House of Representatives on a voice vote earlier today and 96-0 in the Senate on Wednesday, provides …

What is SGMA Going to Cost CA Farmers?

With Groundwater Sustainability Plans (GSPs) now required for critically overdrafted basins, the Sustainable Groundwater Management Act is gradually taking effect across the state of California; but how will this impact farmers? Watch this brief interview with Duncan MacEwan from ERA Economics as he shares his insights, as addressed at a recent meeting held by the California Tomato Growers Association.

USDA Citrus Annual Report – Costa Rican Production Increases

Costa Rica’s orange production reached 295,000 MT in MY2018/2019 and is forecast to increase to 310,000 MT in MY2019/2020. The industry has been able to avoid sharp fluctuations in production during the last couple of years. Area planted is not expected to change from the approximately 21,000 hectares currently planted, although the larger producers renovate older plantations every year. The …

USDA Extends Deadline for Market Facilitation Programs

Due to the prolonged and extensive impacts of weather events this year, the U.S. Department of Agriculture (USDA) today extended the deadline to December 20 for producers to enroll in the Market Facilitation Program. “2019 has challenged the country’s ag sector – prevented or late planting followed by a delayed harvest has been further complicated by wet and cold weather (and …

California Table Grape & Plum Market Hurt by China Tariffs

In the fresh fruit world, which commodities have been hit the hardest by the international trade dispute and what is the industry doing to overcome the situation?  Watch this brief interview with Ian LeMay from the California Fresh Fruit Association as he explains, based on his recent presentation at the annual Grape, Nut & Tree Fruit Expo. Please thank our …

Farm Bureau Thanksgiving Survey Shows Average Cost of Holiday Meal Up One Cent From Last Year

The American Farm Bureau Federation’s 34th annual survey of classic items found on the Thanksgiving Day dinner table indicates the average cost of this year’s feast for 10 is $48.91, or less than $5.00 per person. This is a 1-cent increase from last year’s average of $48.90. The centerpiece on most Thanksgiving tables – the turkey – costs slightly less …

Employee Meal & Rest Period Violation Prevention (Farm Liability Series Part 1 of 3)

Farmers are some of the best people on the planet.  They work hard and do their very best to keep food on the table in homes all over the world.  Like anyone though, sometimes they make mistakes too and can overlook some of the ever-changing laws and requirements for their farm employees, and end up in court over violations that …

Friant Water Authority Shares Blueprint to Save Central Valley Farmland & Water

With the tasking demands of Sustainable Groundwater Management Act coming down on California farmers, a considerable amount of farmland will have to be retired and will have a severe economic impact on the Central Valley.  But there has to be a way to meet the demands of the state without devastating our farming communities.  Watch this brief interview with Friant …

Farmer Member on CA Water Resources Control Board Urges Farmers

Although the California Water Resources Control Board may not be terribly popular amidst local farming communities due to recent actions that have not been in the best interests of agriculture, what you may not know is that there are farmers that sit on this board, including Dorene D’Adamo.  Watch this brief interview with Dorene as she explains that it will …

Current Status of CA Groundwater Sustainability Agencies – Deadline Approaching

The California State Water Resources Control Board is getting ready to crack down on farmers for their increased use of groundwater unless their local Groundwater Sustainability Agencies can come up with a sustainable plan that will not overdraft local groundwater resources.  Watch this brief interview with Taryn Ravazzini from the California Department of Water Resources as she shares a progress …

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