fox-business/topic/agriculture
Trump plans to cut farming equipment costs by removing regulations
John Deere & Company CFO and senior vice president Josh Jepsen discusses the companys Investor Day, highlighting the future of farming with autonomous tractors and See & Spray technology on The Claman Countdown. President Donald Trump said Monday that his administration is planning to address the cost of farming equipment by easing regulatory burdens on equipment […]
US sawmills warn closures rising amid tariffs, weakened demand
A growing number of U.S. sawmills are shutting their doors for good. Hardwood industry leaders are blaming years of tense trade talks with China for lost business. MANCHESTER, Tenn. – Several US sawmills are struggling to stay open after industry leaders said years of trade uncertainty have drained export markets and tightened margins. The Hardwood […]
USDA plans SNAP benefits reform to boost American farmers, healthy food
Agriculture Secretary Brooke Rollins discusses Thanksgiving food costs, ground beef prices and how the Trump administration is helping American farmers on ‘Mornings with Maria.’ The U.S. Department of Agriculture says it’s working to reform what it calls the “out of control” SNAP benefits program. The agency plans to redirect more of its nutrition budget toward […]
Tyson Foods to close Nebraska beef plant amid cattle supply decline
Congressman Troy Downing, R-Mont., joined ‘Mornings with Maria’ to discuss the shutdown’s economic toll, record-high beef prices and the president’s $2,000 relief plan amid growing fears of inflation and rising debt. Tyson Foods announced on Friday that it will close a major beef plant in Nebraska in January amid a decline in U.S. cattle supplies. […]
Americans keep buying beef despite record-high prices at grocery stores
Congressman Troy Downing, R-Mont., joined ‘Mornings with Maria’ to discuss the shutdown’s economic toll, record-high beef prices and the president’s $2,000 relief plan amid growing fears of inflation and rising debt. Beef prices have climbed to record highs, and yet Americans keep buying steaks. Economists say that deep-rooted demand is helping drive prices higher and […]
Trump’s agriculture secretary disputes industry expert’s $10 beef price warning
Agriculture Secretary Brooke Rollins joins ‘Mornings with Maria’ to discuss soaring meat prices, China’s stalled soybean deals and a massive SNAP fraud crackdown shaking Washington. U.S. Agriculture Secretary Brooke Rollins pushed back on predictions that Americans could soon pay $10 per pound for beef, telling FOX Business the Trump administration’s plan to expand grazing lands […]
Trump orders DOJ investigation into meatpacking companies over beef prices
‘The Big Weekend Show’ co-host Tomi Lahren says that the U.S. should import less foreign beef and label international imports on ‘The Bottom Line.’ President Trump announced Friday that he has directed the Department of Justice (DOJ) to launch an investigation into major meatpacking companies, accusing them of driving up beef prices through “illicit collusion, […]
SNAP funding expires Nov. 1, cutting benefits for over 40M Americans
Agriculture Secretary Brooke Rollins breaks down the rules preventing the USDA and the president from funding SNAP during the government shutdown. (Credit: Pool) Agriculture Secretary Brooke Rollins on Friday explained why the U.S. Department of Agriculture (USDA), which oversees food assistance programs, doesn’t have the authority or funding to keep the Supplemental Nutrition Assistance Program […]
14 Republican lawmakers oppose Trump beef import plan over farmer concerns
Agriculture Secretary Brooke Rollins discusses the fight over government spending on ‘The Evening Edit.’ More than a dozen Republican lawmakers pushed back against the Trump administration’s plan to expand beef imports from Argentina, saying that while the plan aims to ease the pressure on Americans’ wallets, it hurts U.S. farmers, ranchers and agricultural producers. “While […]
China trade freeze squeezes US soybean farmers as costs climb
Farmers in southern Illinois say drought, high costs, and China’s trade freeze are driving soybean profits below break even this season. Soybean farmers across the Midwest are bracing for another difficult year as trade tensions with China cut off their largest export market and rising costs drive profits below break-even. Fourth-generation Illinois farmer Chris […]