8/11/2017 12:00:00 PM/Categories: General News, Today's Top 5, Livestock, Grains
The survey found producers seriously worried about the new farm bill. 76 percent are worried the new farm bill won’t provide an adequate safety net for their farms. 39 percent of farmers surveyed listed the new farm bill as their number one business priority. 23 percent listed tax reform as their number one priority while 12 percent listed cutting back on government spending, eight percent selected increasing infrastructure spending as their top priority, and regulatory reform was chosen by five percent of respondents. 58 percent of farmers don’t expect Congress to approve spending money for infrastructure improvements over the next year. 86 percent of farmers say the president’s attempts to decrease regulations are a good thing for their farms.
Farmers helped give Donald Trump the keys to the White House. While polls show the president’s popularity slipping among all voters, growers give him passing marks after his first six months in office.
Most farmers voted for Trump. Our Farm Futures survey a year ago showed only 10% backing Democrat Hillary Clinton. In January, 76% of those surveyed believed Trump would be good for their business. That percentage slipped a little, to 70%, in our second survey of the year in March.
Source: Farm Futures
The October Cattle on Feed Report looks bearish for cattle market on Monday.
In 1917 the town of Ekalaka gathered to send many young men to fight in World War I.