New ag minister from Canada is in favor of COOL retaliation
Newly-elected Canadian Minister of Agriculture Lawrence MacAulay has said he plans to uphold his country’s Conservative party’s decision to seek trade retaliation against the United States over country-of-origin labeling, also known as COOL.
Fed: Farm finances are tighter west of the Mississippi
Reduced working capital for farm businesses across the Corn Belt, especially west of the Mississippi, will lead to more belt-tightening and greater demand for non-real estate loans from farm businesses this winter, according to bankers surveyed by the Federal Reserve Banks of Kansas City and Chicago.
Panel speculates on ‘real cost’ of producing meat and crops
Decreasing meat consumption and empowering consumers to change government policies were among the primary points of discussion during a special event on “The Real Cost of Food.”
Benton County, located on Indiana’s border with Illinois west of Lafayette, experienced wet fields and excessive rainfall this season – but soybeans in the area rebounded.
Indiana’s leaders respond to national debate on coal
The debate ramped up again this week on President Obama’s Clean Power Plan after the Senate voted, 52-46, in favor of two resolutions that disapproved of EPA’s regulations of new and existing coal power plants.
Concerns arising about slow export pace so far for new marketing year
Trade is becoming more concerned over the slow export sales pace we have seen on corn. To date the United States has only sold 27 percent of the yearly projected total on corn, compared to the 40 percent normally sold by this date.
Milk-per-cow rates not climbing, a sign of feed/forage issues
U.S. milk production continues above year-ago levels, though not by much. You’d have to go back to March 2013 to find a decline. The USDA reported October 2015 output in the top 23 states at 16.0 billion pounds, up just 0.1 percent from October 2014.
The average price of pork at retail during October was $3.973 per pound. That is 5.4 cents higher than the month before, but 17.6 cents lower than in October 2014. The October average pork price in grocery stores was the highest since January.
