Charles's Feed
Jan 30, 2013

USDA keeps new mid-day release of crop reports

WASHINGTON, Jan 30 (Reuters) – The government will stick to
its new schedule of releasing major crop reports when the U.S.
futures markets are running at full volume, the Agriculture
Department said on Wednesday, despite plans for a shorter
trading day at the premiere Chicago exchange.

USDA switched to a Noon Eastern time release of its
market-moving estimates on Jan. 11 because the futures industry
had adopted nearly all-day trading. The reports are produced in
“lock ups” protected by armed guards to keep the information
confidential.

Jan 29, 2013

Separate path for farm labor in Senate immigration plan

WASHINGTON (Reuters) – Agricultural laborers would be on a separate path to U.S. citizenship than other undocumented workers in the immigration reforms proposed by eight senators on Monday that cited the importance of feeding America.

Many of the 1.5 million farm workers employed in the United States annually – perhaps 500,000 to 900,000 in all – are believed to be in the country illegally.

Jan 23, 2013

Fiscal battles block work on new US farm subsidy bill

WASHINGTON, Jan 23 (Reuters) – Fiscal battles in Congress
could prevent lawmakers from writing a new farm bill for weeks
or months, prolonging disputes over farm subsidy reforms and
cuts in food stamps for the poor that together could save up to
$35 billion.

Agricultural leaders in Congress originally hoped for speedy
work on the overdue farm bill – the 2008 law expired last year -
but are unable to give a timeline for action in the Senate or
House of Representatives.

Jan 15, 2013

Biggest US farm group calls for immigration reform

NASHVILLE, Jan 15 (Reuters) – The largest U.S. farm group on
Tuesday threw its weight behind a new immigration law reform to
replace the current guest worker program and to put undocumented
workers already in the country on a defined path to legal
status.

Delegates at the annual meeting of the 6-million-member
American Farm Bureau Federation adopted the reform package as
national policy. AFBF is among a dozen agricultural and
landscape industry groups backing it.

Jan 15, 2013

Reform farm subsidies, keep safety net strong -USDA’s Vilsack

NASHVILLE, Jan 14 (Reuters) – Congress should reform U.S.
farm subsidies, and end a $5 billion a year “direct payment”, as
part of delivering an overdue overhaul of the farm program this
year, Agriculture Secretary Tom Vilsack said on Monday.

In a speech to the largest U.S. farm group, Vilsack said the
farm safety net should be built on the federally subsidized crop
insurance system. It also should encourage soil and water
conservation and support agricultural research to help feed the
rapidly growing world population, he said.

Jan 11, 2013

U.S. corn stockpile smaller than expected, prices jump

WASHINGTON, Jan 11 (Reuters) – The U.S. quarterly corn
stockpile came in 3 percent below expectations because of
drought losses that also led the government to forecast on
Friday the smallest corn carry-out in 17 years.

U.S. winter wheat seedings rose just 1 percent from a year
earlier, and were lower than market expectations, the U.S.
Department of Agriculture said.

Jan 9, 2013

USDA declares drought disaster in much of Wheat Belt

WASHINGTON (Reuters) – The government declared much of the central and southern Wheat Belt a natural disaster area on Wednesday due to persistent drought that imperils this year’s winter wheat harvest.

In its first disaster declaration of the new year, the Agriculture Department made growers in large portions of four major wheat-growing states – Kansas, Colorado, Oklahoma and Texas – eligible for low-interest emergency loans.

Jan 2, 2013

U.S. fiscal plan averts ‘dairy cliff,’ buys time for farm bill

WASHINGTON, Jan 1 (Reuters) – A deal approved by the U.S.
Congress late on Tuesday t o avoid the automatic tax hikes and
spending cuts known as the “fiscal cliff” also includes measures
to avert the “dairy cliff” – a steep increase in milk prices.

The tax agreement contains a nine-month fix for expiring
farm subsidy programs by extending a 2008 farm law. That gives
lawmakers time to come up with a new five-year replacement.

Jan 1, 2013

Fiscal plan may avert “dairy cliff,” buy time for farm bill

WASHINGTON (Reuters) – A deal reached by the Senate on Tuesday to avoid the automatic tax hikes and spending cuts known as the “fiscal cliff” also includes measures to avert the “dairy cliff” – a steep increase in milk prices.

The tax agreement, which could face a vote by the House of Representatives as early as Tuesday, contains a nine-month fix for expiring farm subsidy programs by extending a 2008 farm law. That gives lawmakers time to come up with a new five-year replacement.

Jan 1, 2013

U.S. fiscal plan may avert “dairy cliff,” buy time for farm bill

WASHINGTON, Jan 1 (Reuters) – A deal reached by the U.S.
Senate on Tuesday to avoid the automatic tax hikes and spending
cuts known as the “fiscal cliff” also includes measures to avert
the “dairy cliff” – a steep increase in milk prices.

The tax agreement, which could face a vote by the U.S. House
of Representatives as early as Tuesday, contains a nine-month
fix for expiring farm subsidy programs by extending a 2008 farm
law. That gives lawmakers time to come up with a new five-year
replacement.