News
Modernization Sought for Milk Marketing Orders
Published January 26, 2022
The International Dairy Foods Association has released a working paper that makes the case for modernizing the way milk is priced. This paper was put together by University of Minnesota Dairy Foods Marketing Economist Marin Bozic and a dairy market…Grain Deal Expected to Close in March
Published January 26, 2022
Gavilon’s U.S. grain business is being sold to Viterra in a deal that is estimated to be valued at $3.5 billion. The Marubeni Corporation in Japan is the parent company of Gavilon and Viterra is part of Switzerland-based Glencore. There…Proposition 12 Put On Hold
Published January 26, 2022
The Sacramento County Superior Court determined the state implemented Proposition 12 without clear rules on how it would be enforced. In 2018, California voters approved this law establishing housing requirements for pigs, egg laying hens and veal calves. That obligation…Congress Seeks Emergency Action on Supply Chain
Published January 26, 2022
The Biden Administration is being urged to take emergency action to deal with the supply chain crisis. A bipartisan group of 70 lawmakers has sent a letter to the White House, saying the U.S. reputation as a reliable exporter is…Geopolitical Issues Weigh on the Wheat Complex
Published January 25, 2022
The wheat complex started out this past week stronger based on two factors, the declining quality of winter wheat growing in portions of the United States and the geopolitical conflict in the Black Sea Region. AgResource President Dan Basse believes…Brazil Farmers Hesitant to Sell Soybeans
Published January 25, 2022
China is trying to make the switch to buying mostly Brazilian soybeans, but that hasn't happened yet. StoneX Group Chief Commodities Economist Arlan Suderman says Brazilian farmers don’t want to sell their soybeans yet. "Farmers are bulled up, because of…Simplifying the WHIP+ Program for 2020 and 2021
Published January 25, 2022
Combest, Sell and Associates Managing Partner Tom Sell is expecting the USDA to simplify the WHIP+ application process at the county level. "That will save a lot of time. The USDA will take the data already available from growers and…Vilsack Reveals More on WHIP+ Program
Published January 25, 2022
According to Agriculture Secretary Tom Vilsack, the 2020 and 2021 WHIP+ program payments will be distributed in two tranches this spring. There’s $9.25 billion available for farmers who suffered losses due to natural disasters like drought and flooding. The USDA…Supreme Court Will Re-Consider WOTUS Case
Published January 25, 2022
This spring, the U.S. Supreme Court will consider a case involving the definition of Waters of the United States. This case is called Sackett versus EPA. The Sacketts are an Idaho couple who would like to build a house, but…