The monthly World Agricultural Supply and Demand Estimates report by the Department of Agriculture released Wednesday predicts a U.S. corn crop of 14.06 billion bushels, down 1.08 billion from last year. The monthly report is also projecting a U.S. soybean crop of 4.25 billion bushels, down from the 4.3-billion-bushel crop last year. USDA projects ending stocks for new crop corn …
Secretary Perdue to Attend House Ag Committee Hearing on Rural Economy
Agriculture Secretary Sonny Perdue will take part in a House Agriculture Committee hearing next week on the rural economy. The House Agriculture Committee will hold the hearing next Wednesday, May 17th. The hearing seeks testimony on how the rural and farm economy is holding up amid a downturn in farm income and commodity prices. House Agriculture Committee Chairman Mike Conaway …
Perdue to Announce USDA Reorganization Thursday Afternoon
Agriculture Secretary Sonny Perdue will announce “ USDA reorganization ” during an event in Cincinnati, Ohio Thursday afternoon. While details remain sparse, many suspect the Department of Agriculture will announce the creation of an office of an undersecretary for trade, according to the Hagstrom Report. Perdue will make the announcement at Consolidated Grain and Barge, a grain shipping company. Perdue …
Agriculture Vulnerable Amid Trade Risks
U.S. agriculture stands to lose big if a trade dispute with Mexico or Canada surfaces. CoBank CEO Tom Halverson told Bloomberg News recently that agriculture is in a “vulnerable position.” President Trump withdrew the U.S. from the Trans-Pacific Partnership and is vowing to renegotiate the North American Free Trade Agreement. However, as Halverson point out, Mexico is considering Brazil and …
U.S. Views NAFTA Less Favorable than Canada, Mexico
A new poll released by the Pew Research Center says American’s view of the North American Free Trade Agreement is more negative than other NAFTA partner countries. The research shows that about half of U.S. citizens say the trade agreement is good for the U.S., while 76 percent of Canadians say the agreement is good for Canada. Meanwhile, 60 percent …
Canada Considering Trade Retaliatory Options
Canada is exploring retaliatory options after the Donald Trump administration announced tariffs on Canadian softwood lumber last month. Canada’s Prime Minister Justin Trudeau (true-doh) is exploring ways to push back against the United States, although what options Canada is considering remain unclear. A trade official from Canada called the move normal, according to Politico. The remarks came after Trudeau over …
Agri View: Modern Farming Machines
Everett Griner talks about how modern farming machines make a difference for farmers in today’s Agri View. Agriculture is one of the most mechanized industries in all of America. At one time all a farmer needed was a good strong mule, a plow and a few hand tools. Today, many farms have over a million dollars of equipment in their …
Adam Putnam Returns to Roots to Start Governor’s Race
by Lloyd Dunkelberger The News Service of Florida Standing in front of a huge Florida flag covering the stately pillars of a century-old county courthouse with orange crates on the steps, Republican Adam Putnam on Wednesday used a combination of small-town nostalgia, conservative politics and a deep knowledge of his home state to launch his gubernatorial campaign. “I can’t imagine …
Collection of Peanut Lines
Tyron Spearman has information about a large collection of peanut lines that many in the industry may not be aware of. From: USDA Agricultural Research Service Research Project: Preservation and Maintenance of the U.S. Peanut Germplasm Collection Location: Plant Genetic Resources Conservation Unit Project Number: 6046-21000-011-25-R Project Type: Reimbursable Cooperative Agreement Start Date: Nov 1, 2016 End Date: …
May Wheat, Cotton and Potato Crop Production
2017 Winter Wheat Production Down 25 Percent From 2016/Hay Stocks Down 3 Percent United States winter wheat production is forecast at 1.25 billion bushels, down 25 percent from 2016. As of May 1, the yield is forecast at 48.8 bushels per acre, down 6.5 bushels from last year’s record yield of 55.3 bushels per acre. State level data for Alabama, …