Insights and Stories on Payments

Sep. 13, 2019 at 6:44 pm CDT

Rochester, Minnesota | Reuters — The U.S. government is paying Texas cotton farmer J. Walt Hagood US$145 an acre for losses related to U.S. President Donald Trump’s trade policies. But Minnesota soybean farmer Betsy Jensen will get just US$35 an acre. Both farmers’ sales have taken heavy blows in Trump’s […]

By P.J. Huffstutter

May. 22, 2019 at 6:19 pm CDT

MarketsFarm — The Chicago Board of Trade saw “a wild ride of volatility” on Wednesday, following rumours of a U.S. Department of Agriculture farm aid package that could top US$15 billion. The package would include payments of about $2 per bushel for soybeans and four cents per bushel for corn, […]

By Marlo Glass – MarketsFarm

Jan. 3, 2019 at 4:35 pm CST

Chicago | Reuters — U.S. farmers, already battered by the U.S.-China trade war, are facing increasing anxiety as the partial government shutdown nears the two-week mark, leaving crucial aid and loan payments in limbo. The shutdown has blocked assistance for many farmers, who at this time of year apply for […]

By P.J. Huffstutter

Dec. 28, 2018 at 11:45 pm CST

Chicago | Reuters –– Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily and weekly reports of agricultural exports to obtain clues as to whether China is following through with promises to buy grain and soy amid the ongoing trade war. Traders […]

By Julie Ingwersen

Mar. 2, 2018 at 6:00 pm CST

Canadian cattle breeders should be on their guard after reports of an online scam. The Canadian Beef Breeds Council issued a warning after numerous producers reported fake emails looking to set up a sale, then requesting a refund before cheques clear. “It’s generally pretty high dollar values, so it gets […]

By Alexis Stockford