American Cattle News 4/26- 4/30
American Cattle News for week of April 26, 2021
Month: April 2021
Growing Cotton 4/26- 4/30
Growing Cotton for week of April 26, 2021
Weekly Pork Exports Achieve New Marketing Year High
For the week ending April 22, 2021, U.S. pork exports hit a new marketing year high and sales for corn, sorghum, and soybeans were higher than the previous week according to the latest USDA Weekly Export Sales Report.
CME Announces Expanded Limits for Grains and Oilseeds
The Chicago Board of Trade and Chicago Mercantile Exchange have announced a reset on price limits for grain, oilseed, and lumber futures.
Agriculture Today 4/29
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Dr. David Anderson
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Dr. David Anderson, Professor and Extension Economist at Texas A&M University
Elimination of Stepped-Up Basis Concern for Agricultural Families
In his first address to a joint session of Congress on Wednesday, President Joe Biden called for an end to “stepped-up basis” as a part of his tax plan aimed at paying for infrastructure and transportation upgrades, which drew a round of concern from commodity and general farm groups.
Dairy Producers Make Least From Off-Farm Income
Though some producers are able to supplement their income with off-farm jobs, the Economic Research Service says dairy producers are the least likely to do so.
Agricultural Groups Supporting Senate’s Growing Climate Solutions Act
The Growing Climate Solutions Act passed out of the Senate Agriculture Committee recently and has been met with praise by many farm and ranch organizations.
Congress Searching for Bipartisan Infrastructure and Climate Solutions
As Congress mulls the possibility of transitioning the United States into a global green energy leader through a Biden Administration plan, Republicans are sounding the alarm that they’ll not help pass the $2.3 trillion plan.
Agribusiness Report: Rural Broadband
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today we will hear highlights from a House Agriculture Committee hearing on Rural Broadband.
Agriculture Today 4/28
Your daily look at what’s impacting agriculture around the globe.
Use of Cover Crops Most Prevalent Within Cotton
According to the Economic Research Service, consistent adoption of cover crops can increase the accumulation of organic soil matter, thus healthier soils.
Lamb Exports Strengthen as Pork and Beef Weaken
As beef and pork exports continue to face headwinds in 2021, one meat category has seen impressive growth.
Agriculture Today 4/27
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Shawn Wade
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Shawn Wade with Plains Cotton Growers.
Supreme Court Hears Arguments Regarding RFS Refinery Waivers
On Tuesday the Supreme Court heard oral arguments in the case of HollyFrontier Cheyenne Refining vs. the Renewable Fuels Association over the meaning of ‘temporary extension’ in relation to the Renewable Fuel Standard.
Tyson Becomes First Processor to Join Traceability Project
In a sign of what seems to be coming for the livestock industry, Tyson Foods last week joined U.S. CattleTrace. The program launched three years ago to assist animal health officials with a quick and effective means to respond to any foreign disease outbreak in the beef industry.
Shortage of Truck Drivers Causing Concern in Agriculture
With 70 percent of all the United States freight carried by the trucking industry, a nationwide shortage of commercial truck drivers is leading to growing concern by both the trucking industry and the agriculture industry.
Congress Considering Multiple Climate Solutions Utilizing Agricultural Practices
Last week the Senate Agriculture Committee passed the Growing Climate Solutions Act on a bipartisan and unanimous vote. That bill now heads to the Senate floor for further consideration.
Agribusiness Report: Bob Maurer
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Bob Maurer with Manduca Trading.
Do You Know Where and What Cattle Eat?
If you run cattle on pastures, do you know where and what they prefer to eat? That’s a question researchers with the Central Plains Experimental Range are trying to answer.
Buoyed by Chinese Buying, U.S. Wheat Exports Strong
As China continues to ramp up its purchases of U.S. ag products to meet their Phase One trade agreement with the United States, some growers are experiencing higher prices for their raw commodities.
Agriculture Today 4/23
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Rob Larew
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is National Farmers Union president Rob Larew.
Despite Placements, Cattle on Feed Report Within Expectations
USDA released their monthly Cattle on Feed Report for April 1, and for one brokerage firm, there were no surprises.
Growing Cotton 4/19- 4/23
Growing Cotton for week of April 19, 2021
American Cattle News 4/19- 4/23
American Cattle News for week of April 19, 2021
Exports Showing Mixed Bag In 4-Week Sales
For wheat, Net sales were down noticeably from the previous week, but up 55 percent from the prior 4-week average on increases primarily for Mexico, Taiwan, and Japan.
USDA Study: Western Rainfall More Erratic Since 1970
Dry periods between rainstorms have become longer and annual rainfall has become more erratic across most of the western United States during the past 50 years.
Bill Aims to Break Down Carbon Market Barriers
The Senate Agriculture Committee has reintroduced a bipartisan bill aimed at breaking down barriers for farmers and foresters interested in participating in carbon markets for climate-smart practices.
Agribusiness Report: Mike Lung
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Mike Lung with Allendale Brokerage.
Agriculture Today 4/22
Your daily look at what’s impacting agriculture around the globe.
When Beef Supply Chain Tightens, Imports Usually Increase
Since 2000, imports of beef have represented about 11 percent of total U.S. beef production, while exports reflect about 9 percent.
2020 Government Payments Led to Improved Farmer Profitability
Farm loan demand remained muted at commercial banks in the first quarter of 2021.
Agribusiness Report: House Ag Committee
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today we will hear highlights from a recent House Ag Committee hearing on rural broadband.
Agriculture Today 4/21
Your daily look at what’s impacting agriculture around the globe.
USDA Opens CRP Enrollment with Higher Payment Rates
Agriculture Secretary Tom Vilsack announced Wednesday that USDA will open enrollment in the Conservation Reserve Program with higher payment rates, new incentives, and a more targeted focus on the program’s role in climate change mitigation.
China Returns as America’s Top Buyer of Commodities
In 2020, U.S. agricultural exports to China totaled $26.4 billion, a $12.6 billion increase from 2019 and representing the largest market for American farmers and ranchers.
USDA Encouraging Producers to Sign Up for CFAP-2
USDA is implementing updates to the Coronavirus Food Assistance Program for farmers and ranchers who faced market disruptions in 2020 due to COVID-19.
Agriculture Today 4/20
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Shawn Wade
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Shawn Wade with Plains Cotton Growers.
Import Prices Rise but Export Prices Set Record
U.S. import prices increased 6.9 percent from March 2020 to March 2021, the largest year-over-year increase since January 2012.
Washington to Become First State Banning Gasoline Vehicles
After a recent vote by the Washington-state legislature, Governor Jay Inslee could put his state in the driver’s seat by banning new gas car sales a full five years before any other state.
2020 Soybean and Wheat Exports to Vietnam Soar
According to the Foreign Agriculture Service at USDA, the United States is Vietnam’s second-largest supplier of agricultural goods, following China.
Agriculture Today 4/19
Your daily look at what’s impacting agriculture around the globe.
Agribusiness Report: Dr. Vivek Murthy
The longest-running farm program in West Texas, the AgriBusiness Report is our daily interview program with decision-makers in the world of Agriculture. Today’s guest is Dr. Vivek Murthy, the Surgeon General of the United States.
Lack of Packer Participation Moves Government-Induced Regulation Closer
The beef cattle industry appears to be close to more regulation following the meatpacker’s lack of participation in a voluntary program.
Economists Question Whether Today’s Death Tax Kills Farms
As many farm and commodity organizations draw attention to the potential disasters of the Federal estate tax, the Economic Research Service is asking how it will affect farmers and ranchers.
Will Consumer Spending Steer Farm-Level Investments in 2021
The U.S. economy continues to outperform expectations as stimulus funds are fueling robust consumer spending.