USDA on Thursday provided details of another year of Market
Facilitation Program of up to $14.5 billion in direct payments to farmers. The
payments, though, will be structured differently from the MFP payments farmers
have received over the past nine months. Under the new program, as a way to
avoid planting distortions, USDA will pay crop farmers "based on a single
county payment rate multiplied by a farm's total planted acres in 2019."
See . F$16B in Farmer Trade Aid...
Saturated and compacted soils, herbicide and anhydrous injury,
disease, insects and nutrient deficiencies are all potential threats to corn
stands this year.
See DTN Ag News. BCorn Health Check...
R-CALF is seeking a permanent injunction against beef councils in 15
states: Montana, Hawaii, Indiana, Kansas, Maryland, Nebraska, Nevada, New York,
North Carolina, Pennsylvania, South Carolina, South Dakota, Texas, Vermont and
Wisconsin.
See DTN Ag News. 1^Motion Takes Aim at 15 States...
Weather continues to dominate the attention of our View From the Cab
correspondents this week, but they are making planting progress.
See DTN Ag News. 4^View From the Cab...
For the first time in 19 years, this week's U.S. Drought Monitor map
will likely show no area of the continental United States in anything worse
than "moderate" drought. This isn't automatically bearish for the grain
markets, however, as much of the Corn Belt now struggles with soil being too
wet instead of too dry.
See DTN Ag News. BKub's Den ...
