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Congress trying to “REIN” in regulations

congress-321420_640Republicans in the House of Representatives have tried for six years to advance a bill requiring Congressional approval for any new administrative rule projected to cost the economy more than $100 million annually. That same legislation failed three times in the Senate. Indiana Republican Todd Young is the newest Senate member to get behind the idea. He authored a bill as a member of the House before winning a Senate seat in the recent election. Pro Farmer’s First Thing Today says the Regulations from the Executive in Need of Scrutiny (REINS) Act passed the House last week on a 237-187 vote. One amendment to the bill would require agencies to repeal existing rules to offset any expected costs of new rules. Another amendment would peg the $100 million impact number to inflation. Senator Rand Paul joined 23 other Senators in introducing a similar bill in the Senate, but Democrats are expected to block the bill there.

South Korea agrees to U.S. egg imports

eggsThe U.S. has come to an agreement that should allow it to begin exporting eggs to South Korea for the first time ever. Negotiations took place as the Asian country is struggling with the worst outbreak of avian influenza in history. A Fox News article says egg demand is expected to pick up ahead of the country’s upcoming Lunar New Year holiday season, so negotiations have accelerated as a result. Jim Sumner, President of the U.S.A. Poultry and Egg Export Council says the two countries have agreed on health statements. The talks began after South Korea lifted its ban on U.S. imports of shell eggs after an avian influenza outbreak in America during 2015. More than 30 million birds have been culled after the recent outbreak, which began in November, and most are egg-laying hens. The U.S. Department of Agriculture sent an email to members of the egg industry, saying it had “completed discussions regarding shell-egg exports to South Korea.” It’s good news for American producers who are coping with an oversupply of eggs that is driving down prices.

Monday’s closing grain bids

January 9th, 2017

St Joseph

 

Yellow Corn

3.30 – 3.36

White Corn

3.60

Soybeans

9.40 – 9.45

LifeLine Foods

3.40

 

 

Atchison

Yellow Corn

3.40 – 3.42

Soybeans

9.30

Hard Wheat

 3.43

Soft Wheat

 3.27

 

 

Kansas City Truck Bids

 

Yellow Corn

 3.45

White Corn

3.75 – 3.81

Soybeans

9.55 – 9.60

Hard Wheat

3.74

Soft Wheat

3.60

Sorghum

5.45

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

Analyst predicting $6 soybeans in 2017

soybeans 2Soybean acres are predicted to rise as corn and wheat prices continue to struggle. Richard Brock of Brock and Associates in Chicago is predicting that planted acres will rise from 83 million this year to 87 million in 2017. That much of an increase would come with much more carryover. An Ag Web Dot Com article says the carryover stocks currently are 480 million bushels and Brock says that number could rise to 800 million bushels. He’s predicting that the biggest market movement next year will be soybeans heading lower. Brock’s forecast includes cash soybeans in Iowa around $6 a bushel and he calls this his “optimistic forecast.” Brock feels there are still opportunities ahead for producers, saying, “An opportunity is not necessarily just the market going up, but knowing which direction they’re going to go in and then taking advantage of that marketing.” He says it’ll be important to forward sell, aggressively price, and hedge your production and the producer who does that will have a big advantage over his neighbor who does nothing.

Syngenta calls Palmer Amaranth no. 1 weed to watch for

Palmer amaranth
Palmer amaranth

Syngenta agronomists are calling last year’s most noxious weed, Palmer Amaranth, the number one weed to watch for in 2017. It’s continuing to spread north into new states and shows resistance to multiple herbicide modes of action. Palmer Amaranth has earned the title of top weed as it’s reduced soybean yields up to 79 percent and corn yields 91 percent. Palmer Amaranth was found in Minnesota for the first time last fall, coming a year after the first sighting in South Dakota. States are now confirming the spread of Palmer Amaranth that is resistant to multiple herbicides. Last October, the University of Missouri identified an infestation that was resistant to glyphosate and PPO inhibitors. The more producers apply a particular mode of action, the quicker Palmer Amaranth not only becomes resistant but spreads those resistant genes to other locations. Things producers can do to help slow the spread include regular mowing of ditches, waterways, and field borders. They should also meticulously clean machinery like combines. To delay or prevent growth in fields, producers need a program that integrates a portfolio of herbicides together with complementary practices like crop rotation.

Smithfield cutting back on gestation crates

pork meatThe world’s largest pork producer, Smithfield Foods, said this week they’ve moved 87 percent of their pregnant sows out of gestation crates to group housing. The company is also on track to eliminate all gestation crates by the end of this year. If the company can complete the transition, it would complete a ten-year plan that began back in 2007. The move is seen as a win for the Humane Society of the U.S., which has led successful ballot initiatives in nine states to outlaw the crates. However, the Humane Society is not satisfied with the progress. President Wayne Pacelle is happy with the reforms but notes that cruel treatment continues. Pacelle noted in a blog post, “While Smithfield is moving toward group housing, it’s still confining pregnant sows into cramped spaces for several weeks at the beginning of their pregnancies. This is cruel, and if sows must be individually housed for a period, there’s no reason to give them a space so small they can’t turn around.”

Trump ag adviser wants mergers blocked

BayerIowa agribusiness leader Bruce Rastetter is a Republican mega-donor who wants the incoming Trump administration to block mergers in the works between large seed and chemical companies. The deals between Bayer and Monsanto, DuPont and Dow, along with ChemChina and Syngenta are worth billions of dollars. Rastetter tells the Des Moines Register that the deals will limit competition, raise costs for farmers, and stunt job growth. He adds, “These mergers would accomplish the opposite of what the President-elect ran on, and that’s greater opportunity in America.” Rastetter says the motivation behind the deals is a clear one: “To increase prices and production costs for producers.” He says the federal government’s long and costly approval process for new biotech products and patent licenses is the driving force behind these mergers. Rastetter will press the administration and Congress to focus on changing regulations to make it easier for small businesses to compete, thereby improving competition and choices in the marketplace. The Committee on Foreign Investments in the United State signed off on the ChemChina purchase of Syngenta last year but that deal still faces more scrutiny in other countries.

Goppert Foundation provides gift to support Northwest’s Ag Learning Center

Corey Strider (center), senior executive vice president and director for the Goppert Financial Bank, recently presented a check to Jennifer Dawson Nicholson (left), vice president of the Northwest Foundation, and Rod Barr (right), director of Northwest's School of Agricultural Sciences. Photo courtesy Northwest Missouri State University.
Corey Strider (center), senior executive vice president and director for the Goppert Financial Bank, recently presented a check to Jennifer Dawson Nicholson (left), vice president of the Northwest Foundation, and Rod Barr (right), director of Northwest’s School of Agricultural Sciences. Photo courtesy Northwest Missouri State University.

MARYVILLE, Mo. – The Goppert Foundation of Kansas City has added its support to Northwest Missouri State University’s School of Agricultural Sciences and a planned Agricultural Learning Center at the University’s R.T. Wright Farm.

The Goppert Foundation recently gave $250,000 to the Northwest Foundation in support of the Agricultural Learning Center. The Goppert Foundation’s gift is an addition to $50,000 it gave to the initiative in 2016.

“The support our School of Agricultural Sciences has received from the Goppert Foundation is greatly appreciated,” Rod Barr, the director of the School of Agricultural Sciences, said. “It shows the commitment the Goppert Foundation has for promoting student success at Northwest Missouri State University and making a positive impact in the northwest Missouri region.”

The Agricultural Learning Center, for which the University and Northwest Foundation are raising funds, will be built at Northwest’s 448-acre Wright Farm and serve as a multipurpose facility, providing laboratory resources and research to supplement and enhance the academic curriculum. The estimated $8.5 million, 29,000-square-foot center also will allow for greater use of farm crop, soil and livestock resources for research and scholarly activities as well as space for processing agricultural products.

It will include space for public and private functions such as producer and agricultural industry meetings, workshops, shows and career development events, and the promotion of agricultural literacy.

Plans for the Agricultural Learning Center are unfolding as Northwest’s School of Agricultural Sciences is experiencing rapid growth. Nearly 700 students – or more than 12 percent of the University’s undergraduate population – are enrolled in its programs. The School also provides students opportunities to gain profession-based experience at the Wright Farm, which is home to beef, swine, dairy and sheep enterprises, as well as row and forage crops.

The Goppert Foundation, a charitable foundation, was established in 1959 by C.H. Goppert of Kansas City, Missouri. It supports health care facilities, colleges throughout western Missouri and eastern Kansas through scholarship endowments and community building projects. It also assists many area 501(c)(3) organizations that serve underprivileged individuals and families.

To make a gift in support of the Agricultural Learning Center or the School of Agricultural Sciences, or for more information about the Northwest Foundation, contact the Office of University Advancement at (660) 562-1248 or advance@nwmissouri.edu.

Friday’s closing grain bids

January 6th, 2017

St Joseph

 

Yellow Corn

3.28 – 3.34

White Corn

3.58

Soybeans

9.30 – 9.35

LifeLine Foods

3.38

 

 

Atchison

Yellow Corn

3.38 – 3.40

Soybeans

9.19

Hard Wheat

 3.38

Soft Wheat

 3.23

 

 

Kansas City Truck Bids

 

Yellow Corn

 3.45

White Corn

3.77 – 3.82

Soybeans

9.50

Hard Wheat

3.69

Soft Wheat

3.56

Sorghum

5.41

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

 

API looking to new administration with hopes of RFS changes

oilThe American Petroleum Institute wants regulatory relief from the incoming Donald Trump administration. During an annual event in Washington D.C. this week, API CEO Jack Gerard says 2016 could be a banner year, but only if Congress and the administration permit it. Gerard pointed to the Endangered Species Act and the Renewable Fuel Standard, according to Agri-Pulse. API has long supported repeal or significant reform of the RFS, and Gerard says legislation capping biofuel blending demand could be introduced in the new Congress. Ethanol groups called a similar bill introduced last year “flawed” and lacking logic. Gerard says the RFS “constrains free market forces” and limits consumer choice. President-elect Trump pledged his support for the RFS on the campaign trail and sources close to his transition team say his pick to lead the Environmental Protection Agency, Oklahoma Attorney General Scott Pruitt, will also support biofuels. Pruitt, however, has been a vocal critic of the RFS in the past. But in a meeting with Midwest Senators Thursday, Pruitt said he would “follow the law” when it comes to the RFS.

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