Source: USDA Farm Service Agency | May 22, 2020

USDA’s Farm Service Agency (FSA) will broaden the use of the Disaster Set-Aside (DSA) loan provision, normally used in the wake of natural disasters, to allow farmers with USDA farm loans who … Read More

The U.S. Department of Agriculture and Food and Drug Administration announced on May 20, 2020, a Memorandum of Understanding (MOU) to help prevent interruptions at FDA-regulated food facilities. The MOU creates a process for the two agencies to make determinations about circumstances in which the USDA could exercise its authority under … Read More

Source: AgriLife Today | May 20, 2020

The Texas A&M AgriLife Extension Service, in collaboration with the office of Texas Gov. Greg Abbott, will be providing educational outreach and training to help producers of agricultural commodities throughout the state understand and … Read More

Source: USDA | May 19, 2020

U.S. Secretary of Agriculture Sonny Perdue announced details of the Coronavirus Food Assistance Program (CFAP) on Tuesday, which will provide up to $16 billion in direct payments to deliver relief to America’s farmers and ranchers … Read More

COVID-19 infections of workers at U.S. packing plants forced declines in red meat and poultry production during April, with beef production hit the hardest, said USDA economists on Monday. Disruptions will be felt for the rest of the year, but meat production in 2021 is forecast to rise … Read More

The COVID-19 pandemic has dramatically altered meat production in the U.S., as a reduction in output from processing facilities — as well as workers who have contracted the virus — have taken a toll. Numerous area grocery stores have instituted numerical purchase limits on a variety of meat items, … Read More

A new report estimates that agricultural losses in Texas could go as high as $8 billion due to the COVID-19 economic downturn. The study, which was conducted by Texas A&M University, estimates that livestock and crop prices have fallen between 20% and 30%, and confirms what ranchers have seen since … Read More

Cassandra Fish, with The Beef cattle markets newsletter, says wholesale boxed beef prices are finally correcting after the most historic outlier rally in history. The highs made in most cuts will likely stand unchallenged for many years. Tyson Foods chose to lower beef prices 30% on some items, … Read More

Tyson Foods said on Wednesday it will discount prices on certain protein products the remainder of this week. CNN reported the price reductions will vary, but Tyson said some beef items sold to grocery stores, restaurants and other customers could be discounted by 20% to 30% through Saturday. “We’re … Read More

Meat processing plant closures in the U.S. weakened livestock demand and led to concerns over a possible shortage of beef and pork. Demand surged when stay-at-home orders began as people stocked up on the products, and then fell because consumers tend to eat less meat at home than in … Read More