A new policy memo at USDA states larger Farm Service Agency loans now will
need approval from the Office of the Secretary and be cleared by the Department
of Government Efficiency (DOGE) before producers can receive the money. Based
on a review of farm loans, at least $1.7 billion would need DOGE's sign-off.
BDOGE Will Now Approve Larger USDA Loans
The U.S. and Mexico reached an agreement to keep ports open for livestock
imports despite New World Screwworm outbreak concerns. Mexico committed to
eliminating restrictions on USDA aircraft and waiving customs duties on
eradication equipment.
BNWS Agreement Keeps Cattle Imports Open
CNH Industrial, parent company of Case IH and New Holland, forecasts lower
ag sales and income for 2025, while also announcing a moderate price increase
"in the low single digit(s)."
@^CNH Announces Equipment Price Increase
While nothing can prevent some breakdowns in the field, pre-season hay
equipment maintenance will help the haying season go smoother. The University
of Missouri Extension has some tips for hay producers as they prepare their
equipment before hay harvest begins.
BComplete Hay Equipment Maintenance Now
With other spring wheat area being lost to corn at a greater rate than
expected this year, the Minneapolis wheat premium to Chicago is poised to gain.
=^Canada Markets
