March 14, 2025

agriculture

Funds

Tri-State Food Bank hit hard by Trump administration grant cuts

EVANSVILLE — The Tri-State Food Bank has been hit hard by recent cuts at the federal level that eliminated a grant that helped disadvantaged farmers and local communities. The Tri-State Food Bank received a $1.1 million grant in 2024 through the United States Department of Agriculture Local Food Purchase Assistance program. It was the largest

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Funds

USDA’s local food purchasing cut will cost Florida producers millions

President Donald Trump’s efforts to curb federal spending have hit the Department of Agriculture, which has cut over $1 billion in funding aimed at helping schools and food banks purchase from local farmers. States recently learned about the cuts, which will cut funding for the Local Food for Schools Cooperative Agreement Program (LFS) and the

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Finance

How AI Is Transforming Agriculture

Technology has long had a profound impact on farming practices. With the advent of artificial intelligence, the growing intersection of AgTech, finance and robotics is helping ensure that the future of agriculture stays fertile. “AI and machine learning are not new technologies,” Ceres AI CEO Ramsey Masri told PYMNTS’ CEO Karen Webster. “They’ve been around

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Loans

‘Disaster’ support: Declarations give region’s drought-stricken farms chance for emergency loans | News

SOMERSET, Pa. – Somerset County’s dry, difficult summer has caught federal officials’ attention. The U.S. Department of Agriculture has issued a “natural disaster” declaration for Somerset and Bedford counties, a decision that enables their local farmers to offset crop losses sustained by the weather through emergency loans. “It’s definitely a welcome declaration – not just

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Funds

USDA Publishes Additional Ag Promotion Program Funds Announcement

USDA Publishes Additional Ag Promotion Program Funds Announcement USDA has published a funding notice for the second tranche of the Regional Agricultural Promotion Program, which utilized Commodity Credit Corporation funds to diversify export markets to US agricultural products. The second round matches the $300 million allocated to various organizations in the initial investment announced earlier

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Finance

Klobuchar staying put, not interested in Menendez’s Finance slot

Sen. Amy Klobuchar, one of the most senior Democrats eligible to replace Sen. Bob Menendez, D-N.J., on the Finance Committee is not interested in pursuing the seat, according to a source familiar with her thinking. Menendez on Tuesday informed Gov. Phil Murphy, D-N.J., and his Senate colleagues that he would resign from the chamber next month

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Investment

Political leaders join roundtable with Illinois Soybean Association to discuss investment in rural communities | Local News

Congresswoman Robin Kelly (IL-02) joined a roundtable hosted by the Illinois Soybean Association (ISA) at the Gilbert Street Cafe that focused on strategies for increasing and sustaining investment in rural communities throughout the U.S. The roundtable featured three more key stakeholders dedicated to rural advancement: Bryan Severs, local farmer and ISA Director; JT Barnhart, OSF

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Loans

Loan program helps farmers invest in environmentally sustainable practices | News

SPRINGFIELD, Ill. — Farmers are getting help making their operations a little greener. The United States Department of Agriculture’s Farm Service Agency (FSA) is reminding agricultural producers that Farm Loan Programs are available to support climate-smart agricultural practices. Climate-smart agricultural practices capture and isolate carbon, improve water management, restore soil health, and provide other major

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