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With all of the negative news in the economy this year, Dr. Brent Gloy with Agricultural Economic Insights is focusing on a positive story for agriculture in 2020: low-interest rates.

As the U.S. economy dove deeper into recession amid the coronavirus pandemic in the second quarter, more than half of banks reported weaker demand for commercial and industrial loans.

China’s announcement of tariff exclusions following the Phase One agreement had an immediate impact on U.S. sorghum exports.

Two-thirds of producers responding to the August Purdue University/CME Group Ag Economy Barometer survey said they believe Congress should provide additional economic assistance to farmers in 2020 to help offset the impact of COVID-19 on agriculture.

The USDA is providing policyholders additional time to pay premium and administrative fees and to waive accrual of interest.

As a key component of the new USMCA trade agreement, Canada agreed to allow wheat grown in the United States for import purposes to receive an official Canadian grade as long as the variety was approved in that country.

The House last week approved the Water Resources Development Act of 2020, increasing maintenance and modernization projects on the inland waterway system.

As Congress considers another round of stimulus and relief for businesses suffering through the COVID-19 shutdown, the American Bankers Association is asking legislators to make a change in the tax code.

Cattle industry leaders laid out their future objectives and priorities last week during the annual Cattle Industry Summer Business Meeting.