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Cruz outlines hold on Northey nomination, wants RFS meeting

Texas Republican Senator Ted Cruz wants the Trump administration to organize a meeting on the Renewable Fuel Standard and is holding up the Bill Northey nomination until the meeting is planned. Cruz has placed a hold on Northey’s nomination as the Department of Agriculture undersecretary for farm production and conservation. Eight other Senators are also seeking a compromise on the RFS to protect refiners from job losses. Politico reports that Northey was a nominee in the wrong place at the wrong time, as Cruz looked for a way to strike back corn state Senators that got the administration to pull back two RFS proposals. Any compromise or changes to the RFS need to be completed before the end of this month, as the deadline for the Environmental Protection Agency to release its final RFS volume requirements.

Kansas soybean expo ’18 will address industry’s hot topics

Kansas soybean farmers and their industry partners will gather Jan. 10, 2018, in Topeka for the Kansas Soybean Expo. The Kansas Soybean Association organizes the annual event, with checkoff funding from the Kansas Soybean Commission, to coincide with the Topeka Farm Show.

The free event returns to the Capitol Plaza Hotel’s Maner Conference Center at the Kansas Expocentre. Registration and exhibits open at 8:30 a.m., with the program scheduled from 9 a.m. to 4:30 p.m. A reception with KSA and KSC leaders will follow.

The welcome will come from KSA President Lucas Heinen, Everest, and KSC Chairman Kurt Maurath, Oakley. The opening session will offer checkoff-partner updates from Jennifer Geck Ott, director of allied industry relations for the USA Poultry and Egg Export Council, and Kevin Roepke, regional director for the Americas at the U.S. Soybean Export Council. The keynote address will be Roger Radley, who is a farm-boy-turned-comedian.

A complete, detailed agenda and the preregistration form are available at http://KansasSoybeans.org/expo on the web or by calling 877-KS-SOYBEAN (877-577-6923). Those who preregister by Jan. 3, 2018, will have guaranteed seats at the luncheon and be eligible for the early-bird prize drawing.

Wednesday’s closing grain bids

November 1st, 2017

 

St Joseph

 

Yellow Corn

3.03 – 3.08

White Corn

no bid

Soybeans

9.01 – 9.16

LifeLine Foods

 3.13

 

 

Atchison

Yellow Corn

3.10 – 3.08

Soybeans

 9.11

Hard Wheat

 3.30

Soft Wheat

 3.28

 

 

Kansas City Truck Bids

 

Yellow Corn

3.11 – 3.13

White Corn

no bid

Soybeans

9.41

Hard Wheat

3.46 – 3.50

Soft Wheat

3.63

Sorghum

5.50


USDA Cash Grain Prices

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

NCGA offers valuable college scholarships

The National Corn Growers Association and BASF Corporation are now accepting applications for five $1,000 scholarships to be awarded to undergraduate and graduate students pursuing a degree in an agriculture-related field during the 2018-19 school year. While these scholarships are open to any NCGA members and their children or legal guardians, all submissions must be postmarked on or before December 1, 2017 for consideration. Applicants for the NCGA William C. Berg Academic Excellence in Agriculture Scholarship Program must be entering at least their second undergraduate year or any year of graduate study, and they or a parent or legal guardian must be an NCGA member. Scholarship applications must be postmarked on or before December 1, 2017. Scholarship recipients will be selected in early 2018. Recipients and a parent or guardian will enjoy travel and lodging to attend the 2018 Commodity Classic in Anaheim, California, to be recognized at the NCGA Banquet and have the opportunity to learn more about modern agriculture.

Farm profitability still down, but improving

A new survey of bankers shows 82 percent of agricultural lenders reported a decline in farm profitability in the last 12 months. However, the pace of the decline has slowed. The survey produced by the American Bankers Association and Farmer Mac shows 51 percent of agricultural lenders noted an increase in the demand for agricultural operating loans, while there was no notable change in the demand for agricultural real estate loans. Despite the findings, the survey of more than 580 agricultural lenders revealed that the agricultural loan approval rate is 84 percent. An ABA spokesperson says that overall, the data shows that lenders are “a little more optimistic about what’s ahead,” compared to last year. The survey, conducted twice per year, is a joint effort to provide a look at the agricultural economy and market forces from the perspective of ag lenders. The next survey is scheduled to launch in December 2017.

Farm Bill Near Ready Status

(NAFB) A lobbyist close to the farm bill effort told the Hagstrom Report this week that the House Agriculture Committee staff is close to being done preparing the bill for consideration. However, the lobbyist says Chairman Mike Conaway will likely keep the bill “under lock and key” until House leadership guarantees floor time for the legislation. That points to the bill being introduced in early 2018. Conaway has previously mentioned he was hoping to move the bill to the full House for consideration late this year. Many have expected the bill to be introduced early next year by the House Agriculture Committee. Meanwhile, the Senate Agriculture Committee is reportedly still in the early stages of drafting its version of the 2018 Farm Bill.

Growth Energy: 2 billion miles surpassed on E15

Growth Energy announced that in just five months, American drivers have surpassed another billion miles on E15, bringing the total miles driven across the U.S. to 2 billion. This comes on the heels of Growth Energy’s recent announcement that more than 1,000 stations across the country are currently offering E15 to consumers. More than 1,000 fuel stations around the country are offering E15-nearly triple the number of stations from the same time last year, and almost 16 million American adults have access to the fuel with more choosing it every day. Growth Energy is proud to partner with leading retailers to offer E15 to their customers. “This latest milestone cements the fact that drivers have embraced the tremendous benefits E15 offers and highlights just how rapidly consumer demand is growing,” said Growth Energy CEO Emily Skor. “E15 is a smart choice for consumers who care about their car’s engines, want a healthy environment, and seek better value at the pump. We’re thrilled to lead the charge with Prime the Pump to bring more and more drivers this option every day.” E15 is approved for use in all vehicles 2001 and newer, as well as, all flex fuel vehicles, which combined represent more than 87 percent of the vehicles on the road.

Tuesday’s closing grain bids

October 31st, 2017

 

St Joseph

 

Yellow Corn

3.02 – 3.06

White Corn

no bid

Soybeans

8.94 – 9.10

LifeLine Foods

 3.08

 

 

Atchison

Yellow Corn

3.06 – 3.07

Soybeans

 9.03

Hard Wheat

 3.26

Soft Wheat

 3.28

 

 

Kansas City Truck Bids

 

Yellow Corn

3.09 – 3.11

White Corn

no bid

Soybeans

9.34

Hard Wheat

3.47 – 3.51

Soft Wheat

3.64

Sorghum

5.46


USDA Cash Grain Prices

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

Wheat Growers Association President Resigns for Potential FSA Appointment

The National Wheat Growers Association said Monday that association president David Schemm has resigned from his position to pursue other professional opportunities in his home state. The High Plains Journal says Schemm, a Sharon Springs, Kansas, wheat grower, has reportedly been tapped to accept the position of Kansas Farm Service Agency executive director. Wheat Growers CEO Chandler Goule (gool) said that as president, Schemm “helped move the wheat industry forward, grew its presence on Capitol Hill, and improved its relationship with the media and other farm organizations.” National Wheat Growers Association past president and Montana farmer Gordon Stoner has been chosen to assume duties and the role of president. Stoner will fulfill the role as president until the 2018 Commodity Classic, when the association will hold its next officer election, in Anaheim, California.

Consumers See ‘Organic’ and ‘non-GM’ Food Labels as Synonymous

A study by Florida State University shows consumers regularly mix up food labels. Florida State University’s Institute of Food and Agricultural Sciences says consumers mix up foods labeled “organic” and “non-genetically modified” and some view the two labels as the same. A national survey of more than 1,000 consumers gauged their willingness to pay for food labeled genetically modified versus non-genetically modified. In the study, when consumers looked at packages of granola bars labeled “non-GMO Project,” they were willing to spend 35 cents more than for the boxes that had text that read, “contains genetically engineered ingredients.” With the “USDA Organic” label, consumers were willing to pay nine cents more. Meanwhile, consumers indicated they were willing to pay 35 cents more for apples labeled “non-GMO Project” and 40 cents more for apples labeled “USDA Organic.” Organizers say the results led them to conclude that consumers don’t distinguish definitions of the two food labels. For example, the researchers say it’s possible that a product labeled, “Non-GMO Project Verified” more clearly communicates the absence of GM ingredients than a product labeled “USDA Organic.”

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