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Wednesday’s Closing Grain Bids

December 26th, 2018

 

St Joseph

 

Yellow Corn

3.58

White Corn

no bid

Soybeans

8.07 – 8.15

LifeLine Foods

3.63

 

 

Atchison

Yellow Corn

 3.64 – 3.65

Soybeans

 8.15

Hard Wheat

 4.45

Soft Wheat

 4.55

 

 

Kansas City Truck Bids

Yellow Corn

3.63 – 3.65

White Corn

3.73 – 3.79

Soybeans

8.35

Hard Wheat

5.06

Soft Wheat

 4.80 – 4.85

Sorghum

5.86


USDA Cash Grain Prices

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

Ag Broadband Coalition Applauds Connectivity Provision in Farm Bill

The Agricultural Broadband Coalition welcomes the Precision Agriculture Connectivity Act included in the just-signed 2018 Farm Bill. Coalition co-Chair Nick Tindall says, “U.S. farmers and ranchers are deploying more and more data-driven technologies and solutions in their operation, and their need for reliable broadband connections in the field is intensifying. This important provision highlights this need to expand broadband services, including mobile coverage, to U.S. croplands and ranchlands.”

Zippy Duvall, President of the American Farm Bureau, says bringing together the USDA, the Federal Communications Commission, along with public and private stakeholders to address the needs of precision agriculture ensures current and future generations of farmers and ranchers will have the necessary connectivity to achieve their goals.

Brian Cavey, Senior Vice President of Government Affairs for CoBank says, “Rural communities depend on broadband to keep their businesses competitive in the marketplace. The inclusion of the connectivity provision in the 2018 Farm Bill is an important step towards developing widespread broadband internet access across America’s farmland.”

Ag Groups Pleased 2018 Farm Bill is Finished

Ag commodity and policy groups across the board are pleased the 2018 Farm Bill is over the finish line. The National Corn Growers Association says it’s pleased farmers can look forward to 2019 with the certainty of a new farm bill in place.

An NCGA statement says, “Between depressed commodity prices, record low farm incomes, as well as tariff and trade uncertainty, this is welcome news.” The American Soybean Association is happy with provisions in the bill that maintain the ARC and PLC programs, as well as a strong crop insurance program, funding for Foreign Market Development program, and many of its other priorities.

Incoming House Ag Chair Collin Peterson says the new bill provides expanded, affordable risk management options for dairy farmers, as well as permanent, mandatory funding for a host of other valuable programs.

The National Cotton Council says the legislation means the continuation and enhancements of a much-needed safety net, crucial for many producers still dealing with the aftermath of natural disasters in 2018. The U.S. Meat Export Federation says one of the most critical components in the new bill is support for the international promotion of U.S. agricultural products.

The American Farm Bureau says the bill improves on risk management programs, invests in research and beginning farmer programs, is budget neutral, and ensures environmental stewardship programs continue to be available.

Some USDA Functions Still Running Despite Partial Government Shutdown

U.S. Secretary of Agriculture Sonny Perdue earlier this week detailed which functions of the U.S. Department of Agriculture will remain available in the event of a lapse in government funding.

“There may be a lapse in funding for the federal government, but that will not relieve USDA of its responsibilities for safeguarding life and property through the critical services we provide,” said Secretary Perdue. “Our employees work hard every day to benefit our customers and the farmers, ranchers, foresters, and producers who depend on our programs. During a shutdown, we will leverage our existing resources as best we can to continue to provide the top-notch service people expect.”

Monday’s Closing grain bids

December 24th, 2018

 

St Joseph

 

Yellow Corn

3.63

White Corn

no bid

Soybeans

8.21 – 8.29

LifeLine Foods

(closed Monday and Tuesday)

 

 

Atchison

Yellow Corn

 3.69

Soybeans

 8.29

Hard Wheat

 4.52

Soft Wheat

 4.61

 

 

Kansas City Truck Bids

(closed Monday and Tuesday)

Yellow Corn

3.69 – 3.71

White Corn

3.75 – 3.80

Soybeans

8.50

Hard Wheat

5.13

Soft Wheat

 4.84 – 4.89

Sorghum

5.96


USDA Cash Grain Prices

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

Perdue Looks Back at USDA Accomplishment in 2018

Ag Secretary Sonny Perdue took a look back at a busy year for the USDA and said his agency accomplished a lot of good things for American agriculture. “We fought for American farmers, ranchers, and producers by delivering new and improved trade deals like USMCA and a re-negotiated KORUS agreement, provided trade assistance to farmers because of illegal trade retaliation, and helped our fellow citizens through devastating natural disasters,” Perdue says. “I’m proud to say that every day at USDA we do our best to live by our motto to ‘Do Right and Feed Everyone.’”

He says accomplishments include making strides toward reigning in dependence on government assistance by beginning the rule-making process to move more able-bodied adults without dependents off the SNAP program and to self-reliance. USDA also provided a broad range of assistance to residents, agricultural producers, and impacted communities at large following Hurricanes Florence and Michael in 2018.

Over the past year, the USDA Forest Service treated more than 3.5 million acres to reduce hazardous fuels and improve forest health through timber sales and prescribed fire. The agency also successfully merged the Agricultural Marketing Service, Grain Inspection, Packers and Stockyards Administration, and the Farm Service Agency’s Commodity Operations programs to better meet the needs of farmers, ranchers, producers, and consumers, while also improving customer service and maximizing efficiencies.

Friday’s Closing Grain Bids

December 21st, 2018

 

St Joseph

 

Yellow Corn

3.63

White Corn

no bid

Soybeans

8.22 – 8.29

LifeLine Foods

3.69 (closed Monday and Tuesday)

 

 

Atchison

Yellow Corn

 3.70

Soybeans

 8.29

Hard Wheat

 4.52

Soft Wheat

 4.59

 

 

Kansas City Truck Bids

(closed Monday and Tuesday)

Yellow Corn

3.69 – 3.71

White Corn

3.75 – 3.80

Soybeans

8.50

Hard Wheat

5.13

Soft Wheat

 4.84 – 4.89

Sorghum

5.96


USDA Cash Grain Prices

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

Large Soybean Supply Keeping Prices Low Despite China Purchases

USDA has confirmed China bought even more soybeans, 1.19 million metric tons worth. It’s the biggest purchase China has made in more than a year, and the ninth-largest purchase in the last ten years. However, it’s not been a big boost to soybean prices. Chip Nellinger of Blue Reef AgriMarketing told AgDay TV that it’s good to see China once again in the market for U.S. soybeans. The purchases would have had more effect on the market a few months ago because we didn’t know how big the U.S. crop was, as well as the progress of South American soybeans. Nellinger said the fact that we know the answers to both of those questions has taken some of the excitement surrounding Chinese purchases out of the market. There’s a lot of soybeans still sitting out there to sell yet, both domestically and overseas, which is the biggest challenge to higher prices. Nellinger says, “It’s great that China is buying beans again but we’ve got a lot of beans around the world to still get rid of.” The latest USDA report put carryover at 955 million bushels. Nellinger says it’s definitely putting a lid on prices. Even if China purchases two-thirds of what USDA trimmed off expectations, there’s still a carryover of about 700 million bushels.

USDA Changing State Waiver Requirements for SNAP Benefits

It turns out Republicans could get more stringent work requirements added to the Supplemental Nutrition Assistance Program after all. The USDA is changing requirements for states to issue waivers on SNAP benefits. Politico says it’s not a coincidence that the announcement came out on the same day that President Trump is expected to sign the new farm bill. As the current law is written, able-bodied adults without dependents can’t get SNAP benefits for more than three months during a three-year period. To get more benefits from the program, those able-bodied adults have to be working or enrolled in an education or training program for 80 hours a month. However, states are allowed to waive those requirements when unemployment spikes or there aren’t enough jobs available. USDA issued a proposed rule that would tighten the requirements states have to meet in order to issue those waivers. An estimated 755,000 of those able-bodied adults would lose SNAP benefits over three years if the proposal is implemented. USDA says the plan should save up to $15 billion over a decade.

Trump Signs Farm Bill, Won’t Sign Stopgap Funding Bill

President Donald Trump signed the 2018 Farm Bill on Thursday during a White House ceremony. The five-year bill sets agriculture policy and reauthorizes farm, conservation, nutrition, rural development, agricultural trade, as well as many other programs. The legislation also removes hemp from the Controlled Substances Act, which legalizes hemp production. The Minneapolis Star Tribune says the signing is good news for farmers, who have been buffeted on all sides by trade wars, low commodity prices, and generally uncertain futures. However, the question is whether those reauthorized programs will actually have funding available. A short-term spending bill has made its way through Congress this week, and initially, Trump said he would sign it to keep government funded until February. A CBS News report says Speaker of House Paul Ryan met with the president and then made the announcement that Trump will not sign it. The president wants funding for a border wall between the U.S. and Mexico, which the Senate bill does not have. Ryan tells reporters,” We want to keep the government open but we also have legitimate concerns about securing our border.”

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