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Deadline extension for NJ's agricultural conservation program

By Farms.com

The New Jersey Natural Resources Conservation Service (NRCS) has extended the deadline for the Agricultural Conservation Easement Program – Agricultural Land Easement (ACEP-ALE) applications. This final signup is a significant opportunity for stakeholders to participate in the fiscal year 2024 funding round.

The ACEP-ALE initiative aims to safeguard the agricultural viability and conservation values of farmlands by limiting their conversion to non-agricultural uses. The program targets federally recognized Indian Tribes, state or local government units, and NGOs that have established farmland protection programs.

These entities are eligible for federal funding that covers up to 50% of the appraised value of the conservation easements. For grasslands of special significance, the support increases to 75%. Applicants must show a dedication to long-term conservation, including the capability to acquire, manage, and enforce easements, along with sufficient staffing and financial resources.

The application process is stringent, requiring complete and properly executed submissions by the July 1, 2024, deadline. Prospective applicants should send their packages via email or traditional mail, ensuring all required documents are included as specified on the official State ACEP website.

This program not only aims to preserve valuable agricultural lands but also supports the operational needs of organizations committed to conservation, ensuring the sustained use of these lands for agricultural purposes backed by the USDA.


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Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
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A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.