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US Feed Grain Exports Lower

animal feedThe US Grains Council says US exports of all feed grains from September through March of this marketing year totaled 51.4 million metric tons, down 7 percent from the same time last year. Higher exports of DDGS, corn gluten feed, corn gluten meal, sorghum, and pork working to offset weaker exports of corn, barley, beef, poultry, and ethanol. Last marketing year, US feed grain exports in all forms totaled a near record 100 million tons, representing 26 percent of US production in corn, barley, and sorghum. This year, the US Grains Council expects that total to be lower, somewhere between 93-96 million tons. While US corn exports have struggled against a strong dollar and larger than expected overseas supplies, DDGS have been a bright spot. Shipments of dried distiller’s grains with solubles are up 18 percent over last year. The corn co-product may have the potential to reach record amounts of exports this year with broad-based gains in 7 of the top 10 export markets.

NPPC joins “Other White Meat” lawsuit

pork other meat logoThe US District Court in Washington D.C. granted the National Pork Producer’s motion to intervene in the lawsuit brought by the Humane Society of the US against the USDA over the sale of the “Pork, the Other White Meat” trademarks. The National Hog Farmer reports that NPPC sold the trademarks to the Pork Board for 35 million dollars. NPPC financed the purchase over 20 years, making the Pork Board’s annual payments around 3 million dollars. In 2012, HSUS, a lone farmer in Iowa, and the Iowa Citizens for Community Improvement filed suit against the USDA, seeking to have the sale rescinded. The US District Court dismissed it for lack of standing, but it was reinstated by the Court of Appeals. Subsequently, the USDA agreed to review the purchase and the contract valuations of the trademarks. The Ag Marketing Service said the trademarks are worth between $113 million and $132 million. HSUS is pressing forward with the lawsuit in spite of the trademarks being worth four times what they were sold for in 2006. HSUS pegs the value at between $2.6 million and $17.6 million dollars.

Meat exports move higher in March

meatBeef and pork exports rebounded in March, increasing year-over-year volume. The U.S. Meat Export Federation says March export values were lower than a year ago but trended upward, with both pork and beef exports reaching a 2016 high. The lower values are a direct result from softer market prices this year. Beef exports totaled 89,000 some metric tons in March, up three percent from a year ago and pushing first-quarter volume two percent higher than last year. March export value was $483 million for beef, down eight percent from a year ago but the highest since December. For the first quarter, export value was $1.36 billion, down 13 percent from the same period last year. March pork exports were the largest in 11 months at 195,000 some metric tons, up three percent compared to this time last year. First-quarter exports also increased two percent. March export value, $480 million, was down three percent from a year ago but the highest since May 2015. First-quarter export value totaled $1.3 billion, nine percent below last year’s pace.

Farm Mom of the year announced

After two weeks of online voting, Kentucky farmer Mary Courtney was announced Thursday as America’s Farmers Mom of the Year. Courtney, who started her farm with her husband, now grows corn, soybeans and vegetables on their family farm and raise cattle. Mary was one of five women who were recognized at the end of April as a regional finalist in the program. All of the finalists were selected by both the American Agri-Women Association and Monsanto for their dedication and commitment to their families, farms, communities and the agriculture industry. All five women will receive $5,000. Courtney will receive an additional $5,000 for securing the most votes to be named the national Farm Mom of the Year.

Friday’s cash grain bids

May 6th, 2016

St Joseph

 

Yellow Corn

3.52

White Corn

no bid

Soybeans

9.80 – 9.94

LifeLine Foods

3.51

 

 

Atchison

 

Yellow Corn

3.60

Soybeans

9.72

Hard Wheat

 3.78

Soft Wheat

2.88

 

 

Kansas City Truck Bids

 

Yellow Corn

 3.66 – 3.70

White Corn

 4.05 – 4.10

Soybeans

 10.13

Hard Wheat

 4.32

Soft Wheat

 3.14

Sorghum

 5.76

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

USDA announces CRP sign-up results

landMore than 800,000 thousand acres of farmland were enrolled in the Conservation Reserve Program in the latest sign-up period, according to USDA. Agriculture Secretary Tom Vilsack announced the enrollment figure Thursday from the program’s 49th sign-up period. The program pays farmers to idle marginally productive land to enhance conservation efforts. USDA says the CRP program provides nearly $2 billion annually to landowners. Vilsack says over the past 30 years, “CRP has created major environmental improvements throughout the countryside.” The most recent sign-up period was one of the most selective, according to USDA. As of March 2016, 23.8 million acres were enrolled in CRP, with 1.7 million acres set to expire this fall.

Global corn market focusing on China

cornChina estimates the country’s corn planting area will fall for the first time in 13 years as the nation prepares to end its corn stockpiling program. Planting area of corn in China is expected to fall more than one million hectares, or three million acres, this year. The planting area announcement comes as global markets are bracing for the fallout from China ending the nation’s corn stockpiling program, according to Reuters. China has nearly 250 million metric tons of corn in storage, and the markets are closely watching how the country plans to dispose of the stockpile. China could choose to export the surplus corn, causing a shakeup of the global corn export market. An agriculture official from China said this week that “During this reform process, and as the corn market changes, we must ensure that farmers remain positive about growing.” The support program helped boost China’s corn planted area to 37 million hectares last year. However, with the program ending, farmers there are expected to switch to other crops, including soybeans.

Thursday’s cash grain bids

May 5th, 2016

St Joseph

 

Yellow Corn

3.49 – 3.51

White Corn

no bid

Soybeans

9.57 – 9.68

LifeLine Foods

3.47

 

 

Atchison

 

Yellow Corn

3.56

Soybeans

9.50

Hard Wheat

 3.77

Soft Wheat

2.88

 

 

Kansas City Truck Bids

 

Yellow Corn

 3.62 – 3.66

White Corn

 4.02 – 4.11

Soybeans

 9.90

Hard Wheat

 4.31

Soft Wheat

 3.13

Sorghum

 5.69

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

Syngenta names new CEO

Syngenta_logoSyngenta announced Erik Frywald as the company’s new CEO Wednesday. Frywald is the current President and CEO of Univar, a U.S. based chemistry distribution company. Frywald will take over as CEO for Syngenta effective June first. He takes the place of John Ramsay, who was appointed interim CEO last November. Syngenta Chairman Michel Demare said the two would work closely together to “ensure a smooth transition and support the closing of the ChemChina transaction.” ChemChina agreed to acquire Swiss-based Syngenta for $43 billion earlier this year. Frywald spent 27 years at DuPont before switching companies in 2008. Fyrwald also served as Chairman of CropLife International for two years while working at DuPont.

Producers say Cage-Free egg trend based on misinformation

chicken-763960_1280The National Association of Egg Farmers Wednesday charged the cage-free egg trend as being based on misinformation. The claims came as 7-Eleven announced it would become the latest company to switch to cage-free eggs. The convenience store chain expects to complete the change by the year 2025. While the idea of cage-free chickens produces a thought that cage-free leads to better animal welfare and better quality eggs, the National Association of Egg Farmers wants consumers to know that this is simply not true. The Association says removing chickens from cages will lead to more on-farm deaths of chickens because the birds establish a literal “pecking order.” Further, the Association says cage-free eggs are more likely to be contaminated with bacteria due to prolonged exposure to litter and manure. Finally, the Association says the amount of dust in cage-free facilities presents a human health concern to farm workers because the dust can transmit pathogens. The Association says the cage-free trend will force smaller chicken farms out of business because they will struggle with the estimated $40 per bird production increase.

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