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Agriculture Online 08/16/2019 09:59
More than 9,000 people living in the largest U.S. cities received thousands of dollars in Trump tariff payments intended to mitigate the impact of the trade war on U.S. agriculture, said the on Thursday. Based on its analysis of USDA records, the environmental group said that “many recipients live not in farm country but in the nation’s 50 largest cities or in other decidedly non-rural locations.”According to the EWG, “Recipients include 70 residents of San Francisco, 65 residents of New York City, 63 residents of Los Angeles, 61 residents of Washington, and 19 residents of Miami.” Among the Washington recipients was a sugar lobbyist with a farm in Iowa. The EWG based its report on $8.4 billion of Market Facilitation Program payments throu.
Agriculture Online 08/16/2019 09:57
Farmland values are falling for the fifth year in the Midwest, and one factor in the decline is “muted expectations for farm income” this year, said the Chicago Federal Reserve Bank on Thursday. “The profitability of many corn and soybean farms will almost surely fall from their 2018 levels — possibly by a lot for some,” said the bank’s quarterly AgLetter, because market prices are unlikely to rise enough to offset the expected lower yields from late-planted crops. Like regional Feds in Kansas City, Minneapolis, and St. Louis, the Chicago Fed said farm bankers in its district reported that the rainiest spring in a quarter-century, accompanied by flooding in some areas, affected a large portion of their borrowers. Some 24 percent of borrower.
Agriculture Online 08/16/2019 06:59
1. Crops Higher Overnight as Investors Snap Up Cheap Supplies. Soybeans and grains were higher as investors seeking a bargain jump into the market to secure cheap supplies. Prices fell the first three days of the week after a report from the U.S. Department of Agriculture estimated that farmers had planted more corn but fewer soybeans than expected. Growers planted 90 million acres with corn, topping consensus compiled by Reuters for 88 million, the USDA said in its report on Monday. Yield was seen at 169.5 bushels an acre, well ahead of forecasts for 164.9 bushel. That put production at 13.9 billion bushels, also topping expectations for 13.2 billion bushels. Soybean acreage was seen at 76.7 million, the USDA said. Yield is expected at 48.5.
Agriculture Online 08/15/2019 07:04
1. Corn, Soybeans Higher Overnight on Bargain Hunting. Corn and soybeans were higher in overnight trading as some bargain hunters seek cheap contracts. Prices yesterday for corn declined 7 cents while soybeans dropped almost 11 cents. Prices have been in a downtrend this week after a bearish World Agricultural Supply and Demand Estimates (WASDE) report that was released Monday. The report from the U.S. Department of Agriculture said growers planted 90 million acres with corn, topping consensus compiled by Reuters for 88 million. Yield was seen at 169.5 bushels an acre, well ahead of forecasts for 164.9 bushel. Production was pegged at 13.9 billion bushels, also topping expectations for 13.2 billion bushels. Some farmers, traders and other ma.
Agriculture Online 08/14/2019 12:39
Four of the 14 women who serve as U.S. commissioners of agriculture will be featured in the opening day keynote panel at this fall’s (WIA). The discussion will focus on the agricultural goals and priorities in each of the panelists’ states, as well as upcoming challenges and opportunities across ag. The panelists include:. , Colorado Commissioner of Agriculture. , Idaho Director of Agriculture. , Virginia Secretary of Agriculture and Forestry. , South Dakota Secretary of Agriculture. The session will be moderated by , managing partner at Stoel Rives’ Boise office. Hancock is a trial attorney who focuses on business litigation in federal and state court and serves the agribusiness, food & beverage, and winery industries. “We are excited to bring
Agriculture Online 08/14/2019 10:24
China intends “to buy a lot of farm product,” said on Tuesday, describing “a very, very productive call” between U.S. and Chinese trade negotiators. At the same time, the White House announced it would delay 10 percent tariffs on electronics such as cell phones, laptop computers, and video game consoles until December 15. “Again, they’ve said this many times; they’ve said they’re going to buy farm products,” Trump told reporters in New Jersey. “So far, they’ve disappointed me…They haven’t been truthful, or, let’s say, they’ve certainly delayed the decision. But it’s their intention to buy a lot of farm product.”The administration repeatedly called during July for China to make good will purchases of US farm exports. China said no firm comm.
Agriculture Online 08/14/2019 10:19
The world market for soybeans nearly doubled in a 10-year span, growing at an average 7.5 million tonnes a year through 2018, say USDA analysts in the monthly report. But the go-go days of growth may be over, due to retrenchment in China, the dominant buyer. Soybean exports are forecast at 149 million tonnes during the 2019/20 trade year, little changed from the current year and down nearly 3 percent from 2017/18. For China, the drop is more severe – 10 percent – from the figure recorded before the Sino-US trade war began in earnest in 2018. Besides the effects of the trade war, China has lost millions of pigs in a hog-disease epidemic, reducing the need for soybeans, used in livestock feed. “If not for the increase in demand from other mar.
Agriculture Online 08/14/2019 07:09
1. Grains Higher Overnight on Trade, Farmers Dismiss WASDE. Grains were higher in overnight trading amid optimism that China will continue to buy U.S. agricultural products and as farmers dismiss this week’s World Agricultural Supply and Demand Estimates (WASDE) report. The U.S. has put 10% tariffs on additional Chinese goods on hold until December, leaving some hoping China returns to the market for U.S. agricultural items. So far there’s been no indication that China will resume purchases. The WASDE report earlier this week crushed markets with the Department of Agriculture projecting growers planted 90 million acres with corn, topping consensus compiled by Reuters for 88 million. Yield was seen at 169.5 bushels an acre, well ahead of fore.
Agriculture Online 08/13/2019 15:53
Buy a select bag of Wyffels hybrid seed corn and you can help injured U.S. veterans from post-9/11 wars. That’s the goal of Serving Those Who Served, a new initiative from Wyffels Hybrids to further the company’s mission to serve others. "As a U.S. farm family-owned company, we understand the value of independence," says John Wyffels, president of Wyffels Hybrids.
Agriculture Online 08/13/2019 12:53
U.S. farmers will harvest their smallest corn and soybean crops since 2013, but the trade war will constrain exports of America’s two major crops for the second year in a row, forecast the USDA on Monday. Soybeans would sell at the lowest average price at the farm gate in 13 years. The USDA lowered its estimate of corn and soybean exports by 100 million bushels apiece for the marketing year that begins on Sept. 1. U.S. stockpiles will remain ample, equal to an eight-week supply of corn and 10 weeks of soybeans at the end of the 2019/20 trade year. The lower soy forecast reflects “reduced global import demand, mainly for China,” said the USDA. U.S. corn exports face increasing competition from Brazil and Argentina, beneficiaries of the trade.
Agriculture Online 08/13/2019 07:04
1. Corn Drops Sharply, Beans Higher After WASDE. Corn was down sharply overnight while soybeans were higher after yesterday’s World Agricultural Supply and Demand Estimates (WASDE) report. Acres planted with corn for the 2019-2020 marketing year was pegged at 90 million by the U.S. Department of Agriculture, topping expectations compiled by Reuters for 88 million. Yield was seen at 169.5 bushels an acre, ahead of forecasts for 164.9 bushels, and production was projected at 13.9 billion bushels, well above forecasts for 13.2 billion. Soybean futures rose as planted area is expected to be around 76.7 million acres, the government said, down from analyst forecasts for 81 million. Yield is pegged at 48.5 bushels an acre, up from expectations for.
Agriculture Online 08/12/2019 16:14
DES MOINES, Iowa -- The U.S. corn and soybean crops conditions remain unchanged, according to the USDA’s weekly Crop Progress Report released Monday. Corn. The overall condition of the corn crop is rated at 57% good to excellent in the top 18 corn producing states, equal to a week ago. The USDA pegged 90% of the corn crop was in the silk stage, compared with a 97% five-year average. Also, 39% of the corn has entered the dough stage vs. a 61% five-year average. USDA rated the crop in the dent stage at 7% vs. 16% five-year average. Soybeans. The nation’s crop is rated 54% good/excellent, equal to a week ago. Also, 82% of the soybean crop is blooming vs. a 93% five-year average. The USDA pegged the amount of soybeans setting pods at 54%, well be.
Agriculture Online 08/12/2019 12:14
DES MOINES, Iowa — The U.S. corn market dropped its daily limit low, 25¢, as USDA keeps corn production numbers high vs. previous estimates. In its August Crop Production/WASDE Reports, the USDA raised the average corn yield and lowered production only slightly. As a result, the CME Group corn market dropped its daily limit low of 25¢, while soybeans dropped only slightly. U.S. 2019/20 Corn Production. On Monday, corn production totaled 13.9 billion bushels vs. the avg.
Agriculture Online 08/12/2019 10:38
Tyson Foods announced over the weekend that it will rebuild its Garden City, Kansas beef processing plant, which was partially destroyed over the weekend. The fire occurred Friday, August 9 and has shut down the plant indefinitely. In a statement released August 12, Tyson officials say they are “still assessing the damage, so it’s too early to establish a timeline, but work to clear damage has already begun.”“This is a difficult time for our team members and their families, and we want to ensure they’re taken care of,” said Steve Stouffer, group president of Tyson Fresh Meats in the statement. “Today, we will notify our full-time, active team members that they’ll be paid weekly until production resumes.”Stouffer said the team members may
Agriculture Online 08/12/2019 10:07
The letters after her name give Cara Harbstreet a unique vantage point. “The credentials that I have are MS, RD, LD. That refers to my master’s degree, RD is registered dietitian, and then licensed dietitian is LD. Most states also require licensure in order to practice as a dietitian,” Harbstreet explains. Her training as a dietitian isn’t the only thing that has shaped Harbstreet’s point of view, though. Due to social media connections and events around the country, she’s been able to spend time with boots on the ground visiting farmers who grow the food products she talks about every day. Getting to the Farm Gate. Harbstreet has found her sweet spot now, but she wasn’t always passionate about food and where it came from. She admits, even
Agriculture Online 08/12/2019 09:33
President Trump, who campaigned for election as a friend of corn ethanol, ought to stop the EPA from issuing “hardship” waivers that free refineries from complying with the so-called ethanol mandate, said ethanol and farm groups. The EPA approved 31 waivers for small-volume refineries on Friday without comment. “Farmers are on the front lines of the tariff war and this announcement by the EPA will only make things worse,” said House Agriculture chairman Collin Peterson. The National Corn Growers Association pointed to the long-running slump in farm income and said, “It’s time for this administration to act in the best interest of farmers.” Trade group Growth Energy said “Trump must move quickly if there is any hope of repairing the damage”
Agriculture Online 08/12/2019 06:58
1. Soybeans, Grains Lower Overnight Ahead of WASDE. Soybeans and grains were lower in overnight trading ahead of today’s World Agricultural Supply and Demand Estimates (WASDE) report. The U.S. Department of Agriculture report is due out at noon in Washington. Soybean area is pegged at about 81 million acres while yield is seen at around 47.6 bushels an acre, leaving production at about 3.8 billion bushels, according to a Reuters survey. Last month, the USDA said it expected planted acreage at 80 million, yield of 48.5 bushels an acre and total output of 3.845 billion bushels. Corn acres are pegged at around 88 million with yield of 164.9 bushels an acre, resulting in production of 13.193 billion bushels, the survey showed. The USDA in July f.
Agriculture Online 08/09/2019 16:55
DES MOINES, Iowa -- The U.S. Midwest weather is shaping up to be on the droughty side, despite buckets of spring rains. For the past two weeks, a wide section from central Iowa to central Indiana has been dry, entering these areas into the beginning stages of a drought. And, not much relief from the drought status is in sight, for the next few days, according to Rob Miller, AccuWeather meteorologist. “A high pressure weather pattern will keep most of the precipitation to the west,” Miller says. Some short-term relief could arrive mid next week, with a storm system moving through the state’s impacted by drought conditions, he says. “Some beneficial rains will show up Monday and Tuesday, but not enough to completely overcome the drought,” Mill.

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