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Farm Bureau entrepreneurship challenge set to open

Farm BureauThe American Farm Bureau Federation will open online applications for its third Rural Entrepreneurship Challenge on May 1, to coincide with National Small Business Week, which runs May 1-7. Entrepreneurs will compete for $145,000 in start-up funds. The competition provides opportunities for individuals to showcase ideas and business innovations that will benefit rural regions of the US. It’s the first national rural business challenge to focus exclusively on innovative entrepreneurs working on food and agriculture businesses. Competitors are invited to submit for-profit business ideas related to food and agriculture online beginning May 1 at strong rural America dot com. All applications that include a business plant, video pitch, and photo, must be submitted online by June 30. The top ten teams will be announced in October, and the final four will compete in a live competition at the AFBF Annual Convention in Phoenix on January 8.

WRDA clears Senate panel

senate sealThe Senate Environment and Public Works Committee advanced a water infrastructure reauthorization bill that provides assistance to Flint, Michigan, as well as other areas with excess lead levels in their drinking water systems. Pro Farmer’s First Thing Today says the bill, which would reauthorize the Water Resources Development Act, is now primed for the Senate floor. Only Senator Deb Fischer (R-Neb.) voted against advancing the bill, citing concerns that it doesn’t provide regulatory relief for on-farm storage. Fischer feels an Environmental Protection Agency regulation over fuel spills on farmland went too far, stating that the overreach “weighs heavily on farmers and ranchers in Nebraska and across the country.” She says she will continue to work with colleagues to prioritize regulatory relief when WRDA 2016 reaches the Senate floor.

Missouri cattle producers vote down proposed state beef checkoff

cow cattle(Missourinet) – Missouri will not create a one-dollar-per-head state beef checkoff. The Missouri Beef Industry Council proposed the checkoff. Executive Director Mark Russell says he’s disappointed.

“One of the good things about it is that voters have been able to voice their opinion. We’re going to continue to work hard for the entire industry to try and help promote beef in the state of Missouri,” said Russell.

Russell says three-quarters of the votes were against the checkoff.

“Of course, market prices being depressed compared to a year ago, I think contributed to the factor and we just feel that producers probably didn’t have enough information to see both sides of the story.”

Rhonda Perry of the Missouri Rural Crisis Center, which opposed the checkoff, says industry leaders have not listened to those she calls independent beef producers.

“I’m really hopeful that this will be a starting point of a for real conversation about where want our industry to go and what it’s going to look like.”

Checkoff revenue would have promoted beef.

The vote was open to Missouri cattle producers who registered online or at county FSA offices.

Several states are either considering or have established beef checkoffs in addition to the national dollar-per-head checkoff that’s been in existence since the 1980s. Other states have defeated attempts to put a checkoff in place.

Australia defers decision on land deal

cow cattlwAustralia’s government is pushing back a decision on whether to permit the sale of one of the nation’s largest cattle operations. A joint Chinese-Australian group has reached an agreement to buy Kidman & Company, Australia’s biggest farming estate. However, as Pro Farmer’s First Thing Today reports, the agreement needs approval from regulatory bodies in Australia and China. Australia has chosen to defer approval until after the country’s federal elections in July. A takeover had previously been blocked by Australia’s Foreign Investment Review Board because Kidman’s Anna Creek cattle station in South Australia is close to a military rocket test site. Sellers have since removed the property from the offering. The 33,000 square miles of ranchland equals one percent of all land in Australia, or an area bigger than Ireland, and is home to roughly 150,000 head of cattle. The deal is worth 370 million Australian dollars, or 288 million U.S. dollars.

April 21st, 2016

St Joseph

 

Yellow Corn

3.64 – 3.67

White Corn

no bid

Soybeans

9.66 – 9.74

LifeLine Foods

3.69

 

 

Atchison

 

Yellow Corn

3.69

Soybeans

9.63

Hard Wheat

 3.93

Soft Wheat

3.20

 

 

Kansas City Truck Bids

 

Yellow Corn

 3.78 – 3.83

White Corn

 4.18 – 4.37

Soybeans

 10.11

Hard Wheat

 4.69

Soft Wheat

 3.46

Sorghum

 6.15

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

Syngenta aims to complete ChemChina deal this year

Syngenta’s CEO says the company remains on pace to complete the takeover by China National Chemical, or ChemChina, by the end of this year. ChemChina offered more than $43 billion in cash for the Swiss company in February. Syngenta CEO John Ramsay told Bloomberg Wednesday that the process of getting approval from regulators was moving according to its original timetable. However, some analysts warn the deal could be delayed by regulators, including the Committee on Foreign Investment in the United States. Some U.S. lawmakers are cautious of the takeover because of the plan’s potential impact on U.S. farmers’ access to genetically modified seeds, and have called on the Treasury Department to include agriculture sector regulators as part of its review of the deal.

Herbicide resistance in waterhemp continues to grow

SoybeanResearch by the University of Illinois shows herbicide resistance in waterhemp continues to grow. A new study by the University found some populations of waterhemp, resistant to many commonly used herbicides, are also resistant to alternative herbicide options. University of Illinois weed scientist Aaron Hager says the study “essentially confirmed that we can’t control this population with three classes of herbicides.” The study, focusing on the waterhemp population in central Illinois, did find the population was sensitive to glyphosate. But, researchers cautioned that if farmers switch to a class of herbicides that works today, it is unlikely to work for very long before waterhemp develops resistance to that herbicide. The University offers an alternative method for farmers to beat waterhemp. Researchers say if farmers attack waterhemp at the seed, where the weed is at the most vulnerable stage, then farmers could beat the weed in five to seven years. The University recommends that farmers let seeds germinate, then mechanically work the soil before planting a crop. The researchers say farmers should repeat this strategy for multiple years until the seed bank is diminished.

Study finds university extension programs keep farmers in business

field, farmA new study says federal cooperative extension programs at land-grant universities help farmers stay in business. The researchers say since 1985, 137,000 farmers would have left the industry without the federal program. The study says cooperative extension and agricultural research translate into higher farm profits, allowing farmers to stay in agriculture. The researchers say that unlike extension and research programs, farm subsidies or commodity programs may not have the intended effect of keeping farmers on their farms. The study found areas receiving more subsidies or commodity dollars also saw a greater loss of farmers three or four years later.

Wednesday’s cash grain bids

April 20th, 2016

St Joseph

 

Yellow Corn

3.80

White Corn

no bid

Soybeans

9.60 – 9.74

LifeLine Foods

3.79

 

 

Atchison

 

Yellow Corn

3.84 – 3.87

Soybeans

9.61

Hard Wheat

 3.98

Soft Wheat

3.29

 

 

Kansas City Truck Bids

 

Yellow Corn

 3.88 – 3.93

White Corn

 4.18 – 4.31

Soybeans

 10.02

Hard Wheat

 4.73

Soft Wheat

 3.54

Sorghum

 6.33

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

Cotton council disputes anti-dumping investigation

cotton flowerThe National Cotton Council vows to fight the findings of an anti-dumping investigation by the Turkish government that claims U.S. cotton was dumped into Turkey, injuring the domestic fiber market. The Council is challenging a three percent duty that’s being imposed on all U.S. cotton fiber imports into Turkey, effective immediately. Turkey is the second-largest export market for U.S. cotton with shipments ranging between 1.5 and 2.0 million bales. The duties, according to the Council, automatically put U.S. cotton at a competitive disadvantage to cotton produced in other countries. NCC Chairman Shane Stephens said the investigation, which was initiated in October 2014, was clearly in response to several U.S. trade investigations of Turkish steel imports. The Istanbul Textile and Raw Materials Exporters Union says the cost of the duty, however, will be shouldered by the fiber industry in Turkey, because U.S. cotton has specialty use and is “not something it could give up.”

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