The COVID-19 pandemic has dealt an enormous blow to farmers across the country. Congress has taken several actions in response to the pandemic including stimulus packages to make up for economic losses.
The General Assembly and Governor Bill Lee agreed to offer local governments grants in response to local government needs and impact of COVID-19 through the state’s budget. The funds may be used to offset loss or supplement local revenue.
Despite incarcerating more people and spending $1 billion annually on corrections in the state budget, TN has the 4th highest violent crime rate in the nation and a high recidivism rate, with nearly half of individuals rearrested within 3 years of release from custody.
Following passage of the Renewable Fuel Standard, corn use for ethanol has increased significantly. The market for fuel is ever changing and is affected by many factors including foreign oil, domestic oil production and consumer demand.
The four largest beef processors handle 75% of the U.S. market based on volume and revenue. The concern has initiated investigations into the manipulation of cattle pricing by the processing/packing industry from USDA, Department of Justice and attorney generals.
In recent months, there have been many conversations about how cattle are and should be marketed. Some discussions have focused on the optimal level of cattle transactions through certain marketing channels in order to facilitate greater price discovery.
Retail meat sales present a unique and increasingly popular niche which livestock producers are filling. As the trend grows more popular and the wait list at custom slaughterhouses grows longer, more processing capacity may be necessary.
Using the COVID-19 pandemic and the resulting responses as an opportunity, there has been an increased push, especially on social media, to encourage Congress to enact Mandatory Country of Origin Labeling on beef and pork again.
Riparian water is the water connected to property by going through the property, adjacent rivers and streams, connected wetlands, or groundwater underneath the property. Shelby County’s well drilling rules effectively remove riparian water rights from landowners.