October 3rd, 2017
St Joseph |
|
Yellow Corn |
3.02 – 3.04 |
White Corn |
no bid |
Soybeans |
8.90 – 8.95 |
LifeLine Foods |
3.05 |
|
|
|
Atchison |
|
Yellow Corn |
3.06 – 3.15 |
Soybeans |
8.85 |
Hard Wheat |
3.51 |
Soft Wheat |
3.58 |
|
|
|
Kansas City Truck Bids |
|
Yellow Corn |
3.12 |
White Corn |
no bid |
Soybeans |
9.10 |
Hard Wheat |
3.72 – 3.76 |
Soft Wheat |
3.93 |
Sorghum |
5.35 |
(adsbygoogle = window.adsbygoogle || []).push({});
USDA Cash Grain Prices
For more information, contact the 680 KFEQ Farm Department.
816-233-8881.

U.S. frozen beef exports to Japan are down 26 percent after Japan imposed an emergency tariff due to an influx of frozen beef from the United States. The tariff increased from 38.5 percent to 50 percent of the Japanese market, to protect domestic producers. Meat industry publication Meatingplace reports Japan’s frozen beef imports from the U.S. were 4,317 metric tons in August, down 26 percent year-over-year. However, the U.S. Meat Export Federation says it is possible that some of the August declines were due to additional product being ordered ahead of the duty rate increase. The July-August average was 9,816 metric tons per month, which is almost exactly the same as a year ago. Meanwhile, Japan’s August chilled beef imports from the U.S. were 13,721 metric tons, up 54 percent year-over year.
The North American Free Trade Agreement renegotiation effort will return to Washington, D.C. this month for the fourth round of official talks. The negotiations will resume October 11th through the 15th, following a round of talks in Canada last month. Canadian Minister of Foreign Affairs Chrystia Freeland said progress was made in the most recent meetings “on a number of bread-and-butter trade issues.” Meanwhile, the U.S. has yet to introduce a proposal to increase protections for seasonal and perishable produce. The tabled issue is being closely watched by agriculture groups, Including the National Pork Producers Council, which says the proposal could provoke America’s NAFTA partners to push for mechanisms that make it easier to restrict U.S. farm exports. By U.S. law and official notices to Congress, the earliest a deal can be agreed upon and concluded is March of next year. But, Forbes speculates that would be too close to the midterm election cycle, as a comment period would extend into September 2018, even at the fastest pace, likely putting the potential final approval of a new NAFTA in 2019.

Kansas Republican Representative Roger Marshall says families across the U.S. need the next farm bill. As part of a House Agriculture Committee video series, Marshall says there is “no single piece of legislation more important” to his district than the farm bill. Marshal represents District One of Kansas, one of the largest agricultural-driven districts in the nation. He says the farm bill helps in maintaining a safe and affordable food supply for all Americans. House Agriculture Committee Chairman Mike Conaway indicated at the beginning of August, that work on the 2018 Farm Bill would start within the next eight weeks, meaning that work should start early this month. Conaway has previously said that he wants to get the next farm bill on the House floor this year.

Organic farming is a rapidly growing segment of U.S. agriculture. Organic vegetables, fruits, and livestock make up the bulk of the entire segment. However, a new USDA report shows organic field crops are making gains in the number of acres planted and overall value. The National Ag Statistics Service released the numbers showing that U.S. farms and ranches produced $7.6 billion in certified organic commodities in 2016. That’s up 23 percent over the previous year. The number of certified organic farms also climbed 11 percent higher, coming in at 14,217 last year. The number of certified acres is up 15 percent to five million acres. Livestock marketed as organic can only consume feeds certified through the USDA’s organic program. That’s helping to drive organic production of corn, soybeans, and hay. The USDA report says about 7,400 farms planted 1.6 million acres of organic field crops and hay last year. The value of organic field crop sales totaled up to more than $762 million in 2016, more than $100 million dollars higher than in 2015. Organic corn had the most acres planted, totaling almost 214,000 acres last year.