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The latest blow to struggling family farms: Rising interest rates

Shane Merrill lives in a small town in South Dakota that’s 1,400 miles from Wall Street, but he watches the numbers as avidly as the traders. Merrill isn’t an investment manager. He’s a family farmer. Right now, as he drives a tractor and planter to get soybeans in the ground, he’s also checking financial news on his smartphone. He’s worried, he says, about interest rates shooting up. To keep his farm going, he has to borrow about $1 million a year from the bank, a common scenario for family farmers. [node:read-more:link]

Ethanol critical piece of America's energy strategy

The conflict over the Renewable Fuel Standard between the EPA, Congress and special interest groups have left hardworking people throughout rural America with a growing sense of uncertainty about their futures. An honest discussion about this program is long overdue. In order to do that, it’s necessary to understand where the RFS began, how it evolved and the role it plays in ensuring American prosperity and security. For decades, refiners have used octane enhancers. Lead was the most common but was replaced in the late 1970s by an organic compound called Methyl tert-butyl ether (MTBE). [node:read-more:link]

American farmers worry they'll pay the price of Trump's trade war

As Donald Trump’s trade war escalates, a lot of farmers are worried. Trump was elected, in part, on a promise to put America’s interests first and crack down on what he characterises as a world trade system rigged against the US. But until recently the president has acted like many of his predecessors – talking tough on the campaign trail but backtracking in the White House. All that has changed. Week after week, Trump’s trade talk has seemed to harden. [node:read-more:link]

SARL member, Mike Parsons, becomes Missouri Governor

On Friday, Missourians will bid a final farewell to Eric Greitens, who has an exciting post-gubernatorial life waiting for him in various courtrooms. Replacing the former political wunderkind is Lt. Governor Mike Parson, a fellow Republican, but one cast in a far different mold. Parson is a devout Baptist, an Army veteran, a farmer, a former sheriff and a longtime presence in the state legislature in both the House and Senate. Whatever kind of governor he'll turn out to be, he'll have to work to establish a legacy outside of Greitens' jagged shadow. [node:read-more:link]

Section 301 Tariffs Coming

The White House announced in a statement that it will impose 25 percent tariffs on $50 billion worth of goods imported from China shortly by June 15, when a final list of covered imports will be announced. Moreover, by June 30 the U.S. “will implement specific investment restrictions and enhance export controls for Chinese persons and entities related to the acquisition of industrially significant technology.” The Tuesday announcement came less than 10 days after the U.S. [node:read-more:link]

Fly bites causing chicken deaths in central Iowa

A specific species of fly is injuring and in some cases killing flocks of chickens in central Iowa. The “black fly,” also known as buffalo gnats and turkey gnats, are small blood-sucking insects that are commonly found near rivers and streams. Iowa State University’s Boone County Extension said it had received anecdotal reports that a single flock of 20 chickens lost 15 birds due to the flies. [node:read-more:link]

Connecticut Restores $1.4 Million In Subsidies For Dairy Farmers

nnecticut’s dwindling contingent of dairy farmers was breathing just a bit easier Tuesday after Gov. Dannel P. Malloy announced he’s been able to restore $1.4 million in subsidies to help dairy operations survive ongoing low milk prices.The money for this fiscal year’s remaining dairy subsidies was chopped last October as part of the legislature’s struggle to deal with multibillion dollar budget deficits. “Thank goodness,” was the reaction Tuesday from Matt Freund, a New Canaan dairy farmer, when he learned that the $1.4 million is being restored. [node:read-more:link]

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