Unlike the Emergency Relief Program (ERP) phase one where a farmer did not have to do anything other than sign up for the program, PARP is much more difficult to calculate.
At the National Farm Machinery Show, Case IH introduces the 2110 Early Riser planter, an updated 2150 Early Riser planter, new features to Precision Air 5 air carts, Flex Hoe 900 air drills and AFS Furrow Command.
Cattle and hog harvest rates were lower last week with higher cash prices paid to farmers and feeders. Margins for both beef and pork packers are trending lower.
The Congressional Budget Office (CBO) warned of a sharp deterioration in the federal budget and estimates the federal government will exhaust its ability to borrow more money.