The Georgia Peanut Commission (GPC) will hold a referendum March 16 through April 16 giving peanut producers an opportunity to vote on reaffirming the commission. State law mandates that a referendum be held every three years. Georgia peanut producers invest $2 per ton to fund the commission and its research, education, promotion and communication programs. The last referendum in 2015 …
Justice Department Not Satisfied With Bayer/Monsanto Proposals
Bayer’s plan to get antitrust approval from the U.S. Justice Department hasn’t satisfied the expectations of U.S. officials. Two sources told Bloomberg that those officials are worried that the merger could hurt competition. The department feels the Bayer proposal to sell off assets doesn’t go far enough. The U.S. government wants Bayer to sell off more of its assets in …
South Korea Adopts New Poultry Import Policy
The South Korean Ministry of Agriculture has adopted a new regionalization policy that is good news for the U.S. poultry and egg industry. The new policy prevents a countrywide ban on U.S. exports to Korea in the event of a future finding of Highly Pathogenic Avian Influenza. Should a case be found in the future, only exports from each affected …
Senate Finance Committee Wants to Talk Trade, Tariffs
The Senate Finance Committee will hold a hearing next Thursday, March 22, regarding the Trump Administration’s trade policy. The Hagstrom Report says that U.S. Trade Representative Robert Lighthizer will be the lone witness at the proceedings. The committee chair, Republican Orrin Hatch of Utah, has been critical of President Donald Trump’s announced trade tariffs. Hatch says in a news release, …
Countries Asking U.S. for Tariff Exemptions
European Union Trade Commissioner Cecilia Malmstrom is continuing to petition the United States for exemptions to the upcoming steel and aluminum tariffs. Politico quotes her as saying the tariffs will shake the transatlantic relationship between the countries if they go into effect. She told Commerce Secretary Wilbur Ross during a phone call that the EU “as a close security ally …
Rural Mainstreet Index Remains Positive
Dodd-Frank Limits Lending for Most Rural Banks March Survey Results at a Glance: * For a second straight month the overall index rose above growth neutral. * Approximately 16.8 percent of grain farmers are expected to suffer negative cash flow for 2018. This is down slightly from 12 months earlier. * The percent of farmland purchases for cash (not financed) declined …
USDA Announces Regionalization Agreement with South Korea
Help Protect U.S. Trade During HPAI Detections The United States Department of Agriculture (USDA) announced an agreement with the government of South Korea that significantly reduces negative impacts on trade should another detection of highly pathogenic avian influenza (HPAI) occur in the United States. The agreement will allow for trade restrictions at the state level instead of the country level …
Deadline Approaching in Southeast for SBA Working Loans
Alabama SBA Working Capital Loans The U.S. Small Business Administration is reminding small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations that April 16 is the filing deadline for federal economic injury disaster loans in Alabama as a result of the rainfall, wind, flooding, flash flooding and Tropical Storm Cindy from May 1 through …
Rural Prosperity Still as Important as Ever
Across America, more sincere attention is being focused on rural development and prosperity than at any other time I, or anyone I know, can remember. The Trump Administration is taking steps with infrastructure and USDA programming to nurture future greatness across the entirety of the fruited plain. I salute the President’s efforts. However, initiatives like this require extensive research and …
House Farm Bill Markup Delayed
Disagreements among the House Agriculture Committee members regarding the nutrition title are stalling movement on the farm bill. Committee Chairman Mike Conaway of Texas says there will not be a farm bill markup next week, citing the committee’s progress in “negotiating to a yes” from both Republicans and Democrats. Conaway and House Democrats are in conflict over the way the …