Plant-based meats, an alternative to beef, pork and chicken, have only a toehold in the meat market but U.S. farmers expect their market share will grow rapidly. Half of the farmers surveyed by Purdue University said plant-based proteins could hold up to 10 percent of the meat market in five years and some expected the share to be much larger.
Snow and bitter cold damaged the citrus crop in Texas, slowed meat production in the Plains, and threatened to snarl grain exports through the Gulf of Mexico. Some traders have claimed force majeure because of ice and cold weather in Houston and New Orleans, reported AgriCensus
Row crop farmers would see payments of $20 an acre and livestock producers would be compensated for animals culled during the pandemic under the $900 billion coronavirus relief bill that was unexpectedly challenged by President Trump on Tuesday, a day after Congress passed it. The $13 billion bill includes a $400 million dairy donation program, aid to contract poultry growers, and assistance for textile mills and, potentially, ethanol refineries.
The Democratic-controlled House passed a $2.2-trillion-coronavirus-relief bill without the support of House Agriculture chairman Collin Peterson and four other Democrats serving on the Agriculture Committee. They were among 18 Democrats who voted against the bill, which passed, 218-207; no Republicans voted for it.
Livestock producers in Iowa will be eligible for grants of up to $10,000 and biofuel producers for grants of up to $750,000 to offset the impact of the pandemic on agriculture in the state, announced Gov. Kim Reynolds on Tuesday, the same day she was expected to speak at the Republican National Convention.
In its largest payout since the program began, the USDA sent $2 billion in coronavirus aid to farmers and ranchers last week, most of it going to producers who had received a prorated payment earlier this summer.
With 18 days left for to apply for coronavirus aid, farmers and ranchers have received $7 billion of the $16 billion earmarked for assistance, an increase of $218 million from the previous week, said the USDA on Monday. (No paywall)
U.S. meatpackers ran at roughly three-fourths capacity during April as outbreaks of the coronavirus forced some of the country's largest meat plants to close temporarily, said the USDA on Thursday. Production is rebounding in May, but the risk of a resurgence of the virus hangs over the industry, said analysts. (No paywall)
Farmers and ranchers will begin signing up for $16 billion in coronavirus payments by the end of May if all goes according to plan, said a USDA spokesperson on Thursday. In that case, the payments would follow the USDA’s awarding of contracts for another part of the Coronavirus Food Assistance Program, the Farmers to Families Food Box. (No paywall)
Farmers across the nation may be forced to kill 700,000 hogs a week because of coronavirus closures and slowdowns at slaughter plants, said four Iowa leaders in a letter to Vice President Mike Pence on Monday. Led by Gov. Kim Reynolds, the elected officials asked for federal indemnities to help the farmers stay in business.