American Farm Bureau Federation

Cost of Summer Cookout Down Slightly From 10-Year High

Retrieved on: 
Tuesday, June 27, 2023

Last year set a record high since AFBF began the survey in 2013, and 2023 comes in as the second-highest cost.

Key Points: 
  • Last year set a record high since AFBF began the survey in 2013, and 2023 comes in as the second-highest cost.
  • "The slight downward direction in the cost of a cookout doesn't counter the dramatic increases we've seen over the past few years.
  • Families are still feeling the pinch of high inflation along with other factors keeping prices high," said AFBF Chief Economist Roger Cryan.
  • Although historically high, the cost of the cookout breaks down to less than $7 per person.

Farm Bureau Insurance of Michigan Selects One Inc’s ClaimsPay® for Fast and Easy Reimbursement Experience

Retrieved on: 
Thursday, June 1, 2023

One Inc , the leading digital payments network for the insurance industry, announced today that the Farm Bureau Insurance of Michigan (FBIM), whose mission is to protect the people of Michigan from the risks of everyday life, has selected One Inc’s ClaimsPay® to help process claims payments and synchronize the company’s workflow.

Key Points: 
  • One Inc , the leading digital payments network for the insurance industry, announced today that the Farm Bureau Insurance of Michigan (FBIM), whose mission is to protect the people of Michigan from the risks of everyday life, has selected One Inc’s ClaimsPay® to help process claims payments and synchronize the company’s workflow.
  • Headquartered in Lansing, Michigan, FBIM provides protection through quality insurance products and risk management solutions to Michigan residents and businesses through more than 660,000 policies.
  • “Our partnership with One Inc emphasizes our longstanding commitment to innovation and the significant value we place on our customer relationships,” said Roger Graff, VP, P&C Claims, of Farm Bureau Insurance of Michigan.
  • “We were cognizant that our Farm Bureau policyholders requested digital payments and we wanted to optimize our customer experience by offering speed of payments.

AM Best Upgrades Credit Ratings for Members of Farm Bureau of Idaho Group

Retrieved on: 
Tuesday, May 23, 2023

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Farm Bureau Mutual Insurance Company of Idaho and its indirect subsidiary, Western Community Insurance Company, collectively referred to as Farm Bureau of Idaho Group (Idaho Farm Bureau).

Key Points: 
  • AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings to “a” (Excellent) from “a-” (Excellent) of Farm Bureau Mutual Insurance Company of Idaho and its indirect subsidiary, Western Community Insurance Company, collectively referred to as Farm Bureau of Idaho Group (Idaho Farm Bureau).
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

These four challenges will shape the next farm bill – and how the US eats

Retrieved on: 
Tuesday, May 9, 2023

These measures are large, complex and expensive: The next farm bill is projected to cost taxpayers US$1.5 trillion over 10 years.

Key Points: 
  • These measures are large, complex and expensive: The next farm bill is projected to cost taxpayers US$1.5 trillion over 10 years.
  • Modern farm bills address many things besides food, from rural broadband access to biofuels and even help for small towns to buy police cars.
  • Umbrella organizations like the American Farm Bureau Federation and the National Farmers Union typically focus on farm subsidies and crop insurance.
  • Here are four key issues shaping the next farm bill, and through it, the future of the U.S. food system.

The price tag

    • In the past two years, Congress has enacted major bills to provide economic relief from the COVID-19 pandemic, counter inflation, invest in infrastructure and boost domestic manufacturing.
    • Agriculture Committee leaders and farm groups argue that more money is necessary to strengthen the food and farm sector.
    • If they have their way, the price tag for the next farm bill would increase significantly from current projections.

Food aid is the key fight

    • Back in the 1970s, Congress began including nutrition assistance in the farm bill to secure votes from an increasingly urban nation.
    • Today, over 42 million Americans depend on SNAP, including nearly 1 in every 4 children.
    • Anti-hunger advocates are lobbying to make the increased pandemic benefits permanent and defend the revised Thrifty Food Plan.

Debating climate solutions

    • The 2022 Inflation Reduction Act provided $19.5 billion to the Department of Agriculture for programs that address climate change.
    • This big pot of money has become a prime target for members of Congress who are looking for more farm bill funding.
    • On the other side, conservation advocates, sustainable farmers and progressive businesses oppose diverting climate funds for other purposes.

A complex bill and inexperienced legislators

    • Nearly one-third of current members of Congress were first elected after the 2018 farm bill was enacted, so this is their first farm bill cycle.
    • I expect that, as often occurs in Congress, new members will follow more senior legislators’ cues and go along with traditional decision making.
    • These programs are complex, cost billions of dollars and go mainly to large-scale operations.
    • Congress’ response will show whether it supports business as usual in agriculture, or a more diverse and sustainable U.S. farm system.

BOYD WILL NOT BE SUPPORTING PRESIDENT BIDEN'S REELECTION CAMPAIGN, Biden Fails to Protect Americans From Farm Foreclosures Amid Calls For USDA Resignations & Congressional Oversight Of IRA Sections 22006 & 22007

Retrieved on: 
Monday, May 8, 2023

"President Biden must move quickly to protect Black Farmers now that he has repealed promised debt relief for Black farmers provided in the American Rescue Plan Act (ARPA) of 2021 because white farmers were claiming reverse discrimination.

Key Points: 
  • "President Biden must move quickly to protect Black Farmers now that he has repealed promised debt relief for Black farmers provided in the American Rescue Plan Act (ARPA) of 2021 because white farmers were claiming reverse discrimination.
  • We have days, not weeks and months, to save many Black, Native American and other farmers of color from ruin.
  • Black farmers are facing record costs for inputs like fuel and fertilizer and soaring land costs while battling droughts and extreme heat.
  • Will the USDA employees charged with advising and implementing IRA Sections 22006 & 22007 financial assistance at USDA be in court to witness the consequences of their actions or lack thereof?

County-Level Update of 2023 Feeding The Economy Report Provides Insight Into Local Influence of Food & Ag Sector in U.S. Economy

Retrieved on: 
Wednesday, May 3, 2023

Providing data on jobs, wages, and economic output, this increased granularity offers more specific insights into the food and agriculture sector’s impact on local economic activity and output.

Key Points: 
  • Providing data on jobs, wages, and economic output, this increased granularity offers more specific insights into the food and agriculture sector’s impact on local economic activity and output.
  • This year’s report shows the U.S. food and agriculture sector directly supports nearly 23 million jobs, provides $927 billion in wages, and is particularly vital to rural communities across America.
  • Notably, the 2023 report reveals that the manufacturing of agricultural products accounts for nearly one-fifth of total manufacturing jobs in the U.S.
  • All 50 states displayed increased economic output in the 2023 report compared to the 2022 report, largely reflecting a rebound in national economic activity.

First Farmers and Merchants Corporation Holds Annual Meeting of Shareholders

Retrieved on: 
Thursday, April 20, 2023

In comments made at the annual meeting of shareholders, Brian K. Williams, First Farmers’ Chairman and CEO, said, “First Farmers achieved the highest level of earnings in our 113-year history, and I want to thank all our team members for their contributions in reaching this milestone.

Key Points: 
  • In comments made at the annual meeting of shareholders, Brian K. Williams, First Farmers’ Chairman and CEO, said, “First Farmers achieved the highest level of earnings in our 113-year history, and I want to thank all our team members for their contributions in reaching this milestone.
  • Our team is passionate about our mission and values as a community banking partner, and we look forward to continued progress in 2023.
  • “We are also pleased to announce the addition of Dr. Christa S. Martin and W. Eric Mayberry as new members of First Farmers’ Board of Directors.
  • Shareholders also re-elected the eight incumbent Directors of First Farmers and Merchants Corporation for a one-year term, including:

Organic Trade Association hosting dynamic, forward-driven 2023 Organic Week

Retrieved on: 
Wednesday, April 19, 2023

Washington, D.C. (April 19, 2023) — As the organic sector faces both historic opportunities and challenges, the Organic Trade Association (OTA) is gearing up to host its 2023 Organic Week in the nation’s capital.

Key Points: 
  • Washington, D.C. (April 19, 2023) — As the organic sector faces both historic opportunities and challenges, the Organic Trade Association (OTA) is gearing up to host its 2023 Organic Week in the nation’s capital.
  • “Organic Week is coming at an opportune time for organic stakeholders to gather, learn, share ideas, hear from the experts and join forces to keep organic advancing.”
    Over the 72 hours of Organic Week, organic farmers, processors, shippers, certifiers, retailers, organic specialists and policy officials will work on solutions for the complex issues surrounding organic food and farming.
  • The Organic Trade Association is partnering with The Organic Center to present the 2023 Organic Confluences: Reducing Plastics Along the Entire Organic Supply Chain.
  • Organic Trade Association members will work in small teams to attend meetings across Capitol Hill advocating for the trade association’s 2023 organic policy priorities to ensure responsive organic standards, thriving American farmers, and resilient supply chains.

If you buy it, why can't you fix it? Here's why we still don't have the 'right to repair'

Retrieved on: 
Monday, April 17, 2023

The problem is, many modern products are designed so that you can’t fix them.

Key Points: 
  • The problem is, many modern products are designed so that you can’t fix them.
  • Or you have to go through the manufacturer, which may well just give you a new one.
  • The end result: millions of expensive products, from cars to phones to appliances, end up in the rubbish tip.
  • That’s why many countries and jurisdictions are introducing laws enshrining your right to repair products.

So what’s the hold-up?

    • The Productivity Commission assessed the case for a broader right to repair almost two years ago and released its final report in late 2021.
    • Here, it pointed to the opportunity to give independent repairers
      greater access to repair supplies, and increase competition for repair services, without compromising public safety or discouraging innovation.
    • greater access to repair supplies, and increase competition for repair services, without compromising public safety or discouraging innovation.
    • The design of products is also a vital way to reduce waste going to landfill or, worse, the oceans.

What are other countries doing?

    • America’s proposed right to repair laws vary by state in terms of what industries they cover.
    • They range from the first ever right to repair agricultural equipment in Colorado through to all-encompassing consumer-focused laws.
    • Canada is looking to reform its copyright act to introduce a consumer right to repair electronics, home appliances and farming equipment.

Why have these laws taken so long?

    • There is a long and predictable list of opponents to right to repair laws.
    • By and large, opposition comes from the manufacturers who see these laws as a hit to their bottom line.
    • The problem is, voluntary agreements often don’t work and regulation is needed for the manufacturers to act upon their promises.

What would right to repair laws mean for Australia?


    If we gain the right to repair, we could:
    • If we return to the old ways of repairing rather than throwing out products, we would also trigger a rebirth of repair-based businesses, employment growth and up-skilling.
    • But these benefits will only arrive if the government ensures any such laws are binding.

WOMEN'S PUBLIC LEADERSHIP NETWORK ANNOUNCES NATIONAL SUMMIT AWARD WINNERS

Retrieved on: 
Friday, March 31, 2023

WPLN will honor Isabella Chism and Chris Cate at its 2nd Annual Leadership Summit from April 21-23, 2023 in San Diego.

Key Points: 
  • WPLN will honor Isabella Chism and Chris Cate at its 2nd Annual Leadership Summit from April 21-23, 2023 in San Diego.
  • "We are honored to recognize their efforts to see more women in leadership positions and elevate their voices in decision-making tables at every level."
  • Inspired by Harriett Beecher Stowe's words that, "Women are the real architects of society," this award is presented to a woman who exemplifies the qualities of a public leader: effective, principled, and a true public servant.
  • Cate is the founder of 3MC Strategies, a firm specializing in public policy, public affairs, and business development in San Diego, CA.