Nebraska corn prices sink under two dollars a bushel
Nebraska farmers fear low prices for corn as the average monthly price dips below 1.80 per bushel, a level not seen since 1988. Experts say ample supplies and weak export demand drive the slide, while farm热线 calls seek financial counseling amid 1996 farm policy changes.
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Clinton signs 5.5 billion drought relief for farmers
President Clinton signed a 5.5 billion relief bill to aid drought-hit farmers as forecasts show continued stress on cotton prices and low income across crops. The aid speeds transition payments from October 1 under the 1996 Freedom to Farm law, while officials warn it does not solve core issues needing congressional action.
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U.S. crops mixed as drought hits cotton while corn soybeans rise
The Agriculture Department projects a 24 percent drop in the U.S. cotton crop due to drought in the South and wet conditions in California, with Texas losses over 2 million bales and California down 32 percent. By contrast, corn and soybean output rise, with wheat at record or near record yields. forecasts cover yields, production and prices for 1998.
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Agriculture Department
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