STAFF BLOG AG RIGHT A glorious run in ag
Just one more proof (not that we need it) of how good the past few years have been in U.S. agriculture overall:
In 2009-2013, the value of U.S. ag exports totaled a whopping $230 billion more than in... Posted on 11/15/13 at 10:16 AM
Russian companies have increased their orders from Turkish firms after Moscow stopped imports of most food from the West in retaliation for U.S. and European Union sanctions over Ukraine, a Turkish exporters’ group says.
Moscow banned imports of most food from the West on Aug. 7 in retaliation against sanctions over Ukraine, a stronger-than-expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days.
Senior agricultural experts from all 28 European Union countries will hold an emergency meeting next Thursday to analyze the impact of a Russian ban on EU food imports, the European Commission said on Friday.
The U.S. Department of Agriculture has already projected that U.S. soymeal exports will hit a record 10.7 million metric tons (11.8 million tons) this year, but they could well top even that lofty forecast if domestic feed users switch from pricey meal to relatively cheap distillers’ grains (DDG) and free up more meal supplies for the export market.
WASHINGTON — The National Grain and Feed Association is urging the Senate Agriculture Committee to make dramatic changes to reduce the size of the Conservation Reserve Program, which is currently authorized to pay farmers to idle up to 32 million acres of farmland.
WASHINGTON — With gas prices ticking ever-higher and the summer months approaching, no relief is in sight. Gas prices affect not only your cost at the pump, but also the cost to transport goods you use in everyday life, such as food and clothing. With an economy that is slowly recovering, spikes in the price of fuel could spell disaster. Congress needs to act to ensure our economic recovery is not derailed.
WASHINGTON — During the past year, I’ve visited dozens of Minnesota’s businesses and farms. All over the state, you see that “Made in America” isn’t just a timeworn cliché — it’s happening here and it’s happening now.
The wheat markets had losses of 15 to 26 cents last week. The winter wheat markets had the larger losses due to beneficial rains in much of the winter wheat belt and losses in the corn market. Minneapolis wheat had lighter losses due to strong export sales and lingering concerns about dry soil conditions in the Northern Plains. Markets will likely spend this week positioning ahead of the March 30 reports.
Keith Deutsch knows that part of his job is promoting his crop. He knows he needs to be realistic, too. “It just doesn’t look too good for this spring,” says Deutsch. a Plaza, N.D., farmer and president of the U.S. Durum Growers Association. “It may sound strange for someone from the association to be saying that.” But Deutsch and other area durum boosters say they have to acknowledge the obvious.
The corn market gained 8 to 10 cents in both old and new crop contracts last week. Corn found support from smaller South American production and tighter U.S. old crop ending stock estimates. The U.S. Department of Agriculture will release its next monthly crop production and supply/demand report on March 9.
FARGO, N.D. — Oil, shovel-loaders, agricultural tractors and wheat led the way to a 33 percent jump in the value of North Dakota goods being sold to foreign countries in 2011, according to the U.S. Commerce Department.
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