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House members call on EPA to end refiner exemptions

A bipartisan coalition of 35 members of the House of Representatives says the Environmental Protection Agency should stop issuing small refiner exemptions to large or unqualified refiners. The EPA has approved 54 waivers through the Renewable Fuel Standard, totaling 2.61 billion ethanol-equivalent gallons of renewable fuels in the past year and a half, and has 40 more waiver petitions pending.

In a letter, led by Representatives Cindy Axne of Iowa and Adrian Smith of Nebraska, the lawmakers say the “unprecedented rate of granting waivers is a betrayal of our rural communities.” The National Corn Growers Association and others welcomed the letter, saying the action sends a “strong message to EPA to stop granting unjustified waivers.”

The lawmakers say the EPA must halt the process and reallocate waived gallons as intended by law. NCGA has consistently called on the Trump administration to “rein in RFS exemptions” for refiners with large profits, and account for waived biofuels blending and increase transparency in the process.

Secretary Perdue to travel to Japan and South Korea

Agriculture Secretary Sonny Perdue will travel to Japan and South Korea next week to participate in the G-20 Agriculture Ministers’ Meeting. The travel itinerary also includes meetings with his counterparts on global agriculture issues. The Secretary will deliver a keynote address at the G-20 Innovation and Agriculture seminar this Saturday and speak at the Cotton Council International’s annual Cotton Day on May 14.

As part of his meetings, Perdue will join his counterparts from Argentina, Brazil, Canada, and Mexico to discuss global agriculture issues. The Secretary has planned meetings with U.S. Ambassador to Japan William Hagerty, and Japan’s State Minister of Health, Labor, and Welfare, along with Korea’s Agriculture Minister.

During the trip, Perdue will attend a U.S. Meat Export Federation promotional event highlighting the importance of the Japanese market for U.S. meat, as USDA says Japan is the top overseas market for U.S. beef and pork. Finally, Perdue will attend the U.S.-Japan Agriculture Hall of Fame Induction Ceremony, as part of his travels.

Wednesday’s closing grain bids

May 8th, 2019

 

St Joseph

 

Yellow Corn

3.47 – 3.52

White Corn

3.64

Soybeans

7.67 – 7.82

LifeLine Foods

3.64

 

 

Atchison

Yellow Corn

 3.59 – 3.74

Soybeans

 7.62

Hard Wheat

 3.78

Soft Wheat

 3.99

 

 

Kansas City Truck Bids

Yellow Corn

3.54 – 3.73

White Corn

3.73 – 3.79

Soybeans

7.77 – 8.02

Hard Wheat

3.94 – 4.31

Soft Wheat

 4.090 – 4.29

Sorghum

5.97


USDA Cash Grain Prices

For more information, contact the 680 KFEQ Farm Department.
816-233-8881.

USDA Announces Dual Use Insurance Coverage for Grain/Graze

Updates to the Annual Forage insurance for the 2020 crop year include a dual use option. The Department of Agriculture’s Risk Management Agency says the 2018 Farm Bill includes a dual use option in select counties of six Great Plains states. Producers who select this option can insure their small grains crop with both an Annual Forage Policy for grazing and a multi-peril Small Grains Policy for grain. Risk Management Agency Administrator Martin Barbre says the changes “allow crop insurance to provide coverage and recognize a practice that farmers and ranchers have used for years in certain parts of the country.” The Dual Use Option is ideal for producers who plant a small grain by October 15, 2019, to use as a grazing crop over the winter and to harvest for grain the next summer. The option is available in counties where the Risk Management Agency considers “grain/graze” a good farming practice in Colorado, Kansas, Nebraska, New Mexico, Oklahoma and Texas. Producers interested in Annual Forage should contact their local crop insurance agent or visit the RMA website for more information.

Two More Swine Fever Outbreaks Reported in South Africa

South Africa’s agriculture ministry this week confirmed two more outbreaks of African swine fever. In a news release, the South Africa Department of Agriculture, Forestry and Fisheries says the two outbreaks follow an outbreak reported in April. Samples collected by agriculture officials confirmed the same virus is responsible for all three outbreaks, and all three occurred relatively close to each other in central South Africa. The affected areas have been placed under quarantine and disease control measures are underway in the region where the outbreaks were found. Officials there are urging farmers to ensure they are buying pigs from reputable sources, among taking other biosecurity measures. The spread of African swine fever prompted heightened biosecurity measures from North American countries, including the cancelation of June’s World Pork Expo. The event typically draws global participants to Des Moines, Iowa, from countries that currently have African swine fever outbreaks. Meanwhile, Tyson Foods executive Noel White told stakeholders during an earnings call this week that “the threat is real,” that African swine fever could enter the United States, further justifying strict U.S. measures to prevent the spread.

Trade War Getting Worse for Soy Growers

Tariff increases announced by the Trump administration on China are a “worst case” scenario for U.S. soybean growers, according to the American Soybean Association. The President’s Twitter announcement over the weekend was confirmed this week, as U.S. Trade Representative Robert Lighthizer says he would move forward with the planned tariff increase on Friday. The Trump administration will increase tariffs on some $200 billion worth of Chinese goods from ten percent to 25 percent. A delegation from China will be in the U.S. Thursday and Friday as both sides look to wrap up the negotiations while many say Trump is trying to pressure China into an agreement. ASA President Davie Stephens says farmers, however “need a positive resolution of this ongoing tariff dispute, not further escalation of tensions.” China previously retaliated following tariffs from the Trump administration, targeting U.S. agriculture. With depressed prices and unsold stocks forecast to double before the 2019 harvest begins in September, Stephens adds “we need the China market reopened to U.S. soybean exports within weeks, not months or longer.”

USDA offers low-interest loans for agricultural producers in Missouri impacted by natural disasters

(FSA) Missouri agricultural producers who lost property due to recent natural disasters may be eligible for U.S. Department of Agriculture physical loss loans. The Farm Service Agency offers these low-interest loans to agricultural producers in Andrew, Atchison, Buchanan, Clay and Holt counties, the primary damaged area, who incurred losses caused by extreme flooding beginning on March 9, 2019.

Producers in the contiguous Missouri counties of Clinton, DeKalb, Gentry, Jackson, Nodaway, Platte, and Ray, along with Fremont and Page counties in Iowa; Atchison, Doniphan, and Wyandotte counties in Kansas; and Nemaha, Otoe, and Richardson counties in Nebraska, are also eligible to apply for emergency loans.

Physical loss loans can help producers repair or replace damaged or destroyed physical property essential to the success of the agricultural operation, including livestock losses. Examples of property commonly affected include essential farm buildings, fixtures to real estate, equipment, livestock, perennial crops, fruit and nut bearing trees, and harvested or stored crops and hay. Approval is limited to applicants who suffered severe physical losses only, including the loss of buildings and livestock. Applications are due Dec. 24, 2019.

For more information on FSA disaster assistance programs or to find a local USDA Service Center visit https://www.farmers.gov/recover

Tuesday’s closing grain bids

May 7th, 2019

 

St Joseph

 

Yellow Corn

3.52 – 3.54

White Corn

no bid

Soybeans

7.71 – 7.85

LifeLine Foods

3.67

 

 

Atchison

Yellow Corn

 3.62 – 3.76

Soybeans

 7.65

Hard Wheat

 3.79

Soft Wheat

 3.99

 

 

Kansas City Truck Bids

Yellow Corn

3.57 – 3.76

White Corn

3.74 – 3.79

Soybeans

7.81 – 8.06

Hard Wheat

3.94 – 4.31

Soft Wheat

 4.10 – 4.30

Sorghum

6.01


USDA Cash Grain Prices

For more information, contact the 680 KFEQ Farm Department.
816-233-8881.

Midwest Senators seek better communications from Army Corps

A group of Midwest Senators is urging the Army Corps of Engineers to communicate better with lawmakers and stakeholders during flood events. Senators Jody Ernst and Chuck Grassley of Iowa led the effort, along with Senators from Kansas, Missouri, and North and South Dakota.

In a letter to the Army Corps of Engineers, the Senators describes issues with communications between the Corps and local levee sponsors and those in harm’s way. The Senators requested the Corps begin sending email updates to all local sponsors of Corps levees in the Missouri River Basin weekly starting within 30 days of receiving their letter. Better communications, the Senators say, “could have mitigated some of the damages,” during the beginning of ongoing flooding along the Missouri River this spring, according to the letter.

During heightened flood events along the Missouri River, the Corps of Engineers hosts scheduled conference calls with stakeholders and media, sometimes daily, with the most recent call scheduled Tuesday. The Corps also generally provides a forecast for the Missouri River once every three weeks. During this spring, that forecast has been updated weekly.

Trump Says Tariffs on China to Increase Friday, Pressuring for Trade Deal

Trade officials from China are in Washington, DC this week as the Trump administration places further pressure on China to reach an agreement with the United States. Trump will increase tariffs on China Friday, saying talks between the two nations are going too slowly. On Twitter, Trump states he will increase tariffs on $200 billion of goods from 10 to 25 percent.

Trade organization Tariffs Hurt the Heartland says the move would cost nearly one million American jobs, and “increase the likelihood of retaliation on American farmers.” China and the U.S. meet this week in what was expected to be the final round of formal talks. Trump is expected to host his Chinese counterpart Xi Jinping in June, with the expectation the two would sign an agreement.

A spokesperson for China’s Foreign Ministry said Monday the negotiations held so far between the two sides have achieved positive progress, adding, China hopes the U.S. will work to “meet each other halfway and strive for a mutually beneficial agreement on the basis of mutual respect.”

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