October 11th, 2017
St Joseph |
|
Yellow Corn |
2.98 – 3.01 |
White Corn |
no bid |
Soybeans |
9.00 – 9.06 |
LifeLine Foods |
2.96 |
|
|
|
Atchison |
|
Yellow Corn |
3.03 – 3.06 |
Soybeans |
8.95 |
Hard Wheat |
3.38 |
Soft Wheat |
3.43 |
|
|
|
Kansas City Truck Bids |
|
Yellow Corn |
3.06 |
White Corn |
no bid |
Soybeans |
9.15 – 9.20 |
Hard Wheat |
3.58 – 3.62 |
Soft Wheat |
3.78 |
Sorghum |
5.46 |
For more information, contact the 680 KFEQ Farm Department.
816-233-8881.
(USDA) Agriculture Secretary Sonny Perdue welcomed two leaders to his staff at the Department of Agriculture Tuesday. Perdue swore in Steve Censky as Deputy Secretary of Agriculture, and Ted McKinney as USDA’s new Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs. Perdue says Censky and McKinney are “two experienced, prepared, and capable nominees,” who will provide steady leadership at USDA. With the ceremony, Censky officially departed his job as CEO of the American Soybean Association after 23 years, 21 of which he spent as head of the organization. ASA President Ron Moore said that due to the swearing-in of Censky, ASA has officially opened the search for its next CEO. The Indiana Department of Agriculture named its deputy director as interim director last week, following the Senate confirmation of McKinney to the USDA post.
(NAFB)
(NAFB)

A monthly measure of meat exports shows U.S. beef posted another outstanding performance in August, remaining well above last year’s pace, and August pork exports increased from the previous month but were down slightly year-over-year. The U.S. Meat Export Federation reports that August beef exports totaled 112,000 metric tons, up five percent from a year ago and the largest of 2017. Export value was the second-highest on record at $679.1 million, up 20 percent from a year ago and trailing only the record-high value of $688.8 million reached in October 2014. For January through August, beef exports increased ten percent in volume and 16 percent in value compared to the first eight months of 2016. Meanwhile, Pork exports totaled 183,600 metric tons in August, down two percent year-over-year, valued at $511.4 million, down 0.3 percent. January-August volume remained nine percent above last year’s record pace at 1.61 million metric tons, while export value increased 11 percent to $4.21 billion.
A South Korea trade lawyer believes changes to agricultural trade will top the list of changes requested in KORUS, the U.S.-Korea Free Trade Agreement. During a meeting last week between U.S. Trade Representative Robert Lighthizer and South Korea trade officials, the two nations agreed to open KORUS to renegotiation. The U.S. proposed revisions to language in KORUS regarding industrial goods, services, intellectual property, investment and farm produce, according to a South Korea-based newspaper. However, no further specifics on those trade categories were revealed. President Donald Trump has repeatedly threatened to withdraw the U.S. from the trade deal that he calls unfair. A South Korea trade official said of Trump’s threats to withdraw from KORUS, that “I don’t think that he’s bluffing.” Meanwhile, Korea trade experts predict that the U.S. will pressure South Korea for changes, while also “asking for unreasonable adjustments to South Korea’s action on automobiles and steel.”
