MO corn farmer takes Asia trip

A recent visit to Japan and South Korea by a delegation of U.S. farmers centered on the quality of U.S. corn and the projected ample U.S. corn crop. Kevin Hurst, the new president of the Missouri Corn Growers Association, was on that trip and says Japan has always been a top buyer. Hurst says, “Japan… Read more »

Properly handling grain at harvest

As harvest moves into full swing, farmers are reminded to handle certain biotech corn traits properly. Rosiland Leeck, director of grain marketing for Indiana Corn Marketing Council says there are some traits that are approved for cultivation and commercialization – but aren’t yet approved for the world-wide market. For example, if corn containing the Agrisure… Read more »

Other leading pork countries join NPPC letter

A letter to Trans-Pacific Partnership negotiators from the top pork countries urges them to eliminate ALL tariffs on nearly all products, pork included. The National Pork Producers Council says they’ve been joined by hog groups in Australia, Chile and Mexico. The NPPC says the objectives of the trade agreement with one-dozen countries includes no product… Read more »

NPPC weighs-in with Congress on Japan/TPP

The National Pork Producers Council has weighed in on Trans Pacific Partnership negotiations with congressional committee members. The NPPC has submitted written testimony to the Senate Finance subcommittee on International Trade, Customs and Global Competitiveness saying Japan should open trade to U.S. pork as South Korea did in spite of farmers’ objections in both those… Read more »

Gray to lead US Grains Council

Illinois farmer Ron Gray is the new U.S. Grains Council chairman.  Gray, who farms at Claremont, Illinois, was elected during the organization’s 54th Annual Board of Delegates meeting in Omaha. Gray has spent almost 35 years in production agriculture and has also been a crop insurance agent for almost a decade. As past chairman of… Read more »

TPP needs to be good for US agriculture

Lawmakers are pushing to protect the US agriculture industry in Trans Pacific Partnership trade agreement negotiations. A letter sent to the President earlier this week indicated that congressional support for the TPP would be jeopardized if US negotiators accept anything less than elimination of all trade barriers to US ag products. Currently, Japan is demanding… Read more »

Strong week for new crop soybean, corn sales

Futures Markets copy

USDA reports corn, soybean, and wheat export sales for the week ending July 24 were larger than expected. Physical shipments of soybeans were above what’s needed weekly to meet USDA projections for the current marketing year, but corn and wheat fell short of their respective marks. Wheat came out at 801,000 tons (29.4 million bushels),… Read more »

U.S. poultry could be caught-up in Russian sanctions

U.S. poultry exports could be caught-up in the sanctions battle between the U.S. and Russia.  President Obama announced increased sanctions against Russian state-owned banks, oil companies and weapons makers this week.  They also target some close personal friends of Vladimir Putin.  The European Union has agreed to go along with the sanctions in an effort… Read more »

Dairy industry wary of European GIs

National Milk Producers Federation vice president and U.S. Dairy Export Council member Shawna Morris told a Senate subcommittee the U.S.-Korea free trade agreement would be a fine model for the Trans Pacific Partnership…with one exception; Geographical Indicators. Morris told the Senate Finance Committee trade subcommittee that the U.S.-South Korea free trade agreement eliminated nearly all… Read more »

Fonterra reduces milk price estimate

New Zealand dairy cooperative Fonterra has reduced its forecast farmgate milk price for the 2014/15 season from $7 (NZ) to $6 (NZ) per kilogram of milk solids.  The cut translates into about a $1.6 billion reduction from the co-op’s earlier prediction and around $4 billion less in total farm income compared to last year. Fonterra… Read more »