Pork Industry Concerned about U.S. Trade Tensions with China

The pork industry is concerned that new U.S. trade tensions with China could result in retaliation against U.S. farm sectors. National Pork Producers Spokesman Dave Warner says the Trump Administration is right to deal with countries that discriminate against U.S. exports, just as it will in NAFTA talks starting this month. China may be considering a retaliatory response, including against …

SNAP Battle Top Obstacle for Farm Bill

House Ag Committee Ranking Member Collin Peterson says the biggest problem facing legislators as they write the new Farm Bill isn’t just funding. Peterson told sugar producers and processors this week that the biggest battle is over what to do with the Supplemental Nutrition Assistance Program (SNAP). Peterson spoke to the International Sweetener Symposium in San Diego, pointing out that …

Farm Economy May Be Starting to Stabilize

The prolonged downturn in the farm economy continued in the second quarter of 2017. However, data from the Kansas City Fed’s Survey on Agricultural Credit Conditions shows the farm economy may finally be starting to stabilize. While economic conditions did continue to weaken in the second quarter, the pace of that deterioration has slowed. While the farm loan repayment rate …

USDA WASDE Report Released

Wheat:  Projected 2017/18 U.S. wheat supplies are decreased this month on lower production, down 21 million bushels to just over 1.7 billion bushels. The August NASS production forecasts for durum and other spring wheat indicated a significant decline compared to last year, primarily due to continued severe drought conditions affecting the Northern Plains. Partially offsetting this decrease is higher winter …

USDA Calls for Nominations for the Fruit and Vegetable Industry Advisory Committee

The U.S. Department of Agriculture is seeking nominations to fill vacancies expiring in 2017 on the Fruit and Vegetable Industry Advisory Committee (FVIAC). FVIAC, administered by USDA’s Agricultural Marketing Service, was established by USDA in 2001. Members of the committee meet up to two times a year to develop recommendations on issues affecting the U.S. produce industry. Committee members represent …

USDA Forecasts Record-High Soybean Production in 2017

U.S. farmers are expected to produce a record-high soybean crop this year, according to the Crop Production report issued by the USDA’s National Agricultural Statistics Service. Up 2 percent from 2016, soybean production is forecast at 4.38 billion bushels, while corn growers are expected to decrease their production by 7 percent from last year, forecast at 14.2 billion bushels. Up 7 percent …