Passage of the 2018 Farm Bill provides much-needed certainty and support — and not just for Michigan farmers. The Agriculture Improvement Act of 2018, commonly known as the Farm Bill, is a multi-faceted piece of legislation that affects Michigan’s farmers and farm workers, equipment manufacturers, food processing businesses, retailers, and many other people across the state.
Michigan’s farmers and food processors are closely watching how talks of trade wars and retaliatory tariffs could affect the nearly $2.7 billion in exports they send to other countries.
Farmers’ increasing use of credit to finance operations has left some operators financially exposed during a volatile period for the industry.
As president of the Michigan Agri-Business Association, Jim Byrum worries about trade, weather and talent — concerns shared by the farmers and food processors he talks to on a daily basis. Still, he remains optimistic for the sector’s growth next year.
GRAND RAPIDS — The potential reversal of the 23-year-old North American Free Trade Agreement (NAFTA) could jeopardize West Michigan farmers and food processors.
ZEELAND — When a lawsuit surfaced showing one of West Michigan’s largest corporate farmers was facing insolvency, the news sent shockwaves through the state’s agricultural industry.
WHITE CLOUD — A statewide rush to increase livestock production has proved to be a boon for one West Michigan producer of animal feed.
As farmers across the state struggle to turn a profit in an era of depressed commodity prices, one aspect of agribusiness — food processing — continues to grow in West Michigan.
West Michigan-based agribusinesses and food and beverage companies will soon have a new source of capital to fund expansion projects.