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Agriculture

Farm to pharma: This story at a glance

On the night before his weekly trip into the slaughterhouse, Fraser Taylor stepped into the back of the truck to make sure everything was in place. The hold still smelled faintly of cow — a subtle whiff of something grassy — but the equipment inside seemed better suited to a day of spelunking through the sewers. There were hard hats and hoses and straps. There were huge conical tanks, and a valve-laden contraption that might come in handy for siphoning off the contents of pipes. The truck itself was white. [node:read-more:link]

How Sensitive is the Farm Sector’s Ability to Repay Debt to Rising Interest Rates?

Recent farm sector trends, including rising debt and declining income, have led to comparisons between agriculture’s current economic environment and the period leading up to the farm financial crisis. Between 1970 and 1980, inflation-adjusted farm sector debt grew rapidly, expanding by 5.6% annually. Over the most recent decade, inflation-adjusted farm sector debt was still climbing an average of 4% per year, and the USDA currently projects inflation-adjusted debt to be at its highest level since the early 1980s. [node:read-more:link]

Atlas of Rural and Small-Town America

The Atlas of Rural and Small-Town America provides statistics by broad categories of socioeconomic factors: People: Demographic data from the American Community Survey (ACS), including age, race and ethnicity, migration and immigration, education, household size, and family composition.Jobs: Economic data from the Bureau of Labor Statistics and other sources, including information on employment trends, unemployment, and industrial composition of employment from the ACS.County classifications: The rural-urban continuum, economic dependence, persistent poverty, persistent child poverty, popul [node:read-more:link]

“Organic” doesn’t mean “small”

Not too long ago a press release from a big CAFO (concentrated animal feeding operation) called Natural Prairie Dairy crossed the desk of the Daily Yonder, proclaiming a new era for organic dairy production.  It offered “a 21st century farm (with) 21st century careers.” A 21st century farm with more than over 4,000 cows, that is. The dairy is proposing to build an operation in northwest Indiana with 4,350 cows. The farm will produce 26 million gallons of urine, manure, and dirty water, according to the Newtown County Enterprise. But don’t worry. The milk will be organic. [node:read-more:link]

Poultry farms aren’t small independent businesses, says the agency that funds them

The Small Business Administration’s (SBA) Office of the Inspector General (OIG) on Tuesday announced in a new report that most chicken growers may no longer qualify as independent, small businesses. And that means they won’t qualify for small business loans. It’s a finding that could signal a significant loss in support: Between 2012 and 2016, SBA loaned about $1.8 billion to poultry growers. In 2016, poultry companies received more than three-quarters of all the SBA loans that went to agricultural businesses. [node:read-more:link]

Bayer Feed A Bee program funds 20 new projects

Less than one year after launching the Feed a Bee 50-state forage grant program, the Bayer Bee Care Program revealed the list of 20 new organizations that have received funding for important forage initiatives around the country, bringing the total number of projects funded to more than 100. After a rigorous review and evaluation process by the Feed a Bee steering committee, 20 organizations were chosen in the latest round of review to receive awards ranging from $1,000 - $5,000. This brings the total for the program to 112 funded projects in 39 states and Washington, D.C. [node:read-more:link]

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