A university agricultural economist is calling for pre-planting guidelines from the USDA that would allow farmers to understand their protection from trade-related losses. Roman Keeney, associate professor of agricultural economics at Purdue University, said in a 2020 outlook that the continued uncertainty around the negotiations and the level of needed trade adjustments required argued strongly … Read More
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Economist: Take Stock Of 2019, Plan For 2020
A well-known university agricultural economist is telling cattle producers to take stock of their business status and look forward to 2020. Derrell Peel, from Oklahoma State University, said in a letter to Extension Agents that whether 2019 was good, just okay or disappointing, there is value in taking some time to analyze the reasons for … Read More
Purdue Economist: Trade Policy Super Important In 2020
This new year could be the most important year for US agricultural trade policy since at least the mid-1990s, said Purdue University Agricultural Economist Russell Hillberry, in a 2020 outlook paper. It is difficult to know what the future holds for agricultural trade as much depends on the outcome of the presidential election and how … Read More
Phase 1 Could Bring Fund Short Covering To Corn
A signing of the Phase 1 trade deal with China could go a long way toward enhancing President Trump’s book with farmers and ranchers as it is supposed to bring down high tariffs, allowing freer imports of US agricultural commodities, a market analyst said. There are rumors the pact will be signed soon, perhaps even … Read More
2020 Holds Uncertainty For Farmers: Purdue Economists
Looking ahead into 2020, the Purdue University Agricultural Economics department said in an extensive outlook report that several issues will hold over from this year into next, providing uncertainty for farmers and ranchers. The outlook focuses on Indiana agriculture, but there are many parts of it that can apply to individual growers and livestock producers … Read More
China Lifts Five-Year Ban On US Poultry Meat
On Nov. 14, Chinese officials lifted the ban on US poultry meat, a move that was called “a significant positive signal for the US broiler industry” by the USDA’s Economic Research Service in its monthly Livestock, Dairy, and Poultry Outlook. The development should be helpful to US producers who have been ramping up production, despite … Read More
Beef Byproduct Values Holding; Hides Weak
Beef byproduct values have improved slightly in the last weeks, but remain in a relatively tight range where they have been for most of the year and are close to last year’s numbers. USDA’s Agricultural Marketing Service provides values per cwt on a weekly basis. The Livestock Marketing Information Center in Denver creates a simple … Read More