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Dry Bean Scene

Farmers are planning for the 2020 crop. Leeds, North Dakota farmer Eric Jorgenson says despite some challenges, the outlook for dry beans remains positive. Get the details in the latest Dry Bean Scene from the Northarvest Bean Growers Association on the Red River Farm Network.

USDA Forecasts Near Average 2020 Net Farm Income

USDA is forecasting 2020 net farm income to increase 3.3 percent compared to 2019. Net farm income is expected to hit $96.7 billion in 2020, an increase of $3.1 billion compared to 2019. However, USDA expects 2020 net cash farm income to be down nine percent to $109.6 billion. Total direct government payments to the farm are expected to decrease $8.7 billion in 2020 to $14.98 billion. View the report here.

Senate Approves Ag Appropriations Bill

The U.S. Senate approved the Agriculture Appropriations Bill for Fiscal Year 2020. North Dakota Senator John Hoeven, who chairs the Senate Agriculture Appropriations Committee, says the legislation makes sure farmers have access to risk management tools and capital. Funds for implementing the 2018 Farm Bill are a part of the bill. Also included is support for crop insurance and direct, guaranteed and emergency loans.