Real estate assets play a major role in the farm sector’s financial health, according to an updated report from the USDA Economic Research Service. Real estate has accounted for the majority of the total value of farm sector assets and is expected to comprise 82 percent of total farm assets in 2014. When combined with generally lower annual increases in farm sector debt, the increasing value of farm real estate has helped the farm sector attain record low debt-to-asset ratios in recent years, a trend expected to continue into 2014. Learn more.
Farm Sector’s Financial Health Dependent on Land
USDA Releases Pesticide Data; Results Prove No Safety Concern
Overall pesticide chemical residues found on foods tested are at levels below the tolerances established by the Environmental Protection Agency and do not pose a safety concern, according to the latest data from the 2012 USDA Pesticide Data Program. Based on the data, 99 percent of products sampled through Pesticide Data Program had residues below the EPA tolerances, while residues exceeding the tolerance were detected in 0.53 percent of the samples tested. Each year, USDA and EPA work together to identify foods to be tested on a rotating basis. In 2012, surveys were conducted on a variety of foods including fresh and processed fruits and vegetables, wheat, butter, and water. Learn more or review the report.
FSA Part of Team Helping Beginning Farmers Secure Land
Caleb and Lauren Langworthy positioned themselves to get as much farming education as possible. Several internships and knowledge of both farming and business took them from renting land to a path of farm ownership. After investors took an interest in their organic operation, the couple moved from renting land to buying a 153-acre former dairy farm. Investors footed half of the risk of purchasing the farm while the Langworthy’s went to the Farm Service Agency, where they obtained a beginning farmer loan to help spread the risk. The couple now grows a variety of vegetables, launched a Community Supported Agriculture operation and started an elderberry enterprise. They also have a sheep operation with 50 ewes. Read more (AgriNews).
Nominations Sought for National Honey Board
The U.S. Department of Agriculture is seeking nominations for the National Honey Board. The board is composed of 10 members who serve a three-year term. All nominations must be made by qualified national organizations within the honey industry and include a completed application. All eligible women, minorities, veterans and persons with disabilities are encouraged to seek nomination for a seat on the National Honey Board. Inquiries must be made by April 15. Learn more about submitting a nomination.
Commodity Credit Corporation Releases Lending Rates for March
The USDA Commodity Credit Corporation, which helps stabilize, support and protect farm income and prices, released interest rates for March 2014. The borrowing rate-based charge is 0.125, which is unchanged from February 2013, while the 1996 and subsequent crop year commodity and marketing assistance loans dispersed during March is 1.125, unchanged from last month. Interest rates for Farm Storage Facility Loans and discount rates for the Tobacco Transition Payment Program also are available. Read more.
USDA Reinstates Agricultural Estimates Programs
USDA’s National Agricultural Statistics Service has reinstated several agricultural estimate programs previously suspended due to sequestration. The programs—which include All Catfish and Trout Reports, July Cattle Report, Potato Stocks Reports, Non-Citrus Fruit, Nut and Vegetable Forecasts and Estimates & Monthly Prices, June Rice Stocks Report, All Hops and Hops Stocks Estimates, and Mink Reports — were reinstated following the passage of the Consolidated Appropriations Act of 2014. Dates for publication of the reports have not been determined, but will be announced when they are set. Learn more.
Good-Bye, Willie
By Kent Politsch, Chief, FSA Public Affairs
Willie F. Cooper recently retired after more than 56 years with the U.S. Department of Agriculture. Three hundred of his Louisiana friends – more if the rain doesn’t freeze — are prepared to honor Willie Feb. 11, in Alexandria, La.
At retirement, people often reflect on their careers. Willie has a lot on which to reflect. He started in August 1957 with the Farm Service Agency (FSA). Back then it was called the Agricultural Stabilization and Conservation Service.
In a recent conversation, Willie spoke about the thing that amazed him the most during employment with FSA – technology. Some changes affected everyone, but the technology that stood out the most for Willie Cooper was what affected farming. “It blows your mind,” he said.
You can understand why. Willie’s first job with the agency was measuring cotton fields with chains. Today’s fields can be measured precisely and instantly from satellites. (The U.S. launched its first satellite in 1958, a year after Willie started with the agency).
In 1972, Willie began a one-of-a-kind run when he was appointed FSA Louisiana State Executive Director. He served in that capacity for 42 years. He served under eight presidents and 13 Secretaries of Agriculture, including: Butz, Knebel, Bergland, Block, Lyng, Yeutter, Madigan, Espy, Glickman, Veneman, Johanns, Schafer and Vilsack. Continue reading
College Grad Uses Beginning Farmer Loan to Start Dairy
After graduating from college, Jacob Shenk knew his family’s farm wasn’t large enough to support his return, so he worked on a neighbor’s farm for a few years. After that, he went out on his own. Shenk knew of a person who operated several dairies but decided to downsize. Several dairies were still available. With experience in hand, Shenk went to the Farm Service Agency for a beginning farmer loan and was soon milking his own cows and running his own dairy operation. Read more (Progressive Forage).
$20 Million Available to California Producers to Combat Effects of Drought
The U.S. Department of Agriculture has made available $20 million to help drought-stricken producers in California. The funding is available through the Natural Resources Conservation Service’s Environmental Quality Incentives Program to help producers use water more efficiently, stabilize fallowed cropland and protect their livelihoods for the future. “Working with our federal, state, and local partners, we are doing everything within our power to support those farmers and ranchers affected by this intense drought.” said Agriculture Secretary Tom Vilsack. Producers have until March 3 to apply for the available funds. Learn more.
Research Could Limit Amount of Insecticide Cotton Growers Use
Cotton farmers may be able to limit insecticide use to control bugs that destroy the crop. USDA researchers found that the size and age of western tarnished plant bugs are factors on whether cotton should be sprayed. Generally, farmers use the “sweepnet” method that requires a walk through the field waving a hand-held net. They farmers count the number of bugs that were captured. Based on that number, farmers determine whether or not to spray. The study released the bugs into rows of upland and pima cotton over two growing seasons. The results showed that most of the bugs collected using the “sweepnet” method were mature adults that cause less damage. In pima cotton, the damage-inducing younger adults preferred to feed on the ends of plant branches, which are shielded by foliage. Learn more.




