Category: Agriculture News

News about food, farming, business, politics and policy that impacts central Illinois farmers.

ROLE REVERSAL: CHINA BUYING LOW IN THE US AND SELLING HIGH AT HOME

For decades US consumers have benefited by importing low priced goods produced in China, but right now the Chinese are benefiting because of low grain prices in the US. (Forbes)

FSA AND FARM BUREAU ON CFAP EXTENSION

– USDA extends its Coronavirus Food Assistance Program deadline to September 11th. The agency also added more commodities to the eligibility list. (RFD TV)

TRUMP ADMINISTRATION ‘SATISFIED’ WITH CHINA PURCHASE PROGRESS IN PHASE 1 TRADE DEAL: KUDLOW

– White House economic adviser Larry Kudlow on Thursday said the Trump administration is satisfied with China’s progress in meeting commitments to purchase U.S. goods in a Phase 1 trade … Read More

IFB COVID-19 RESOURCE HIGHLIGHT:

USDA has announced that new commodities are eligible for the Coronavirus Food Assistance Program (CFAP), including new specialty crops, non-specialty crops and livestock, aquaculture products, nursery crops and flowers. Learn … Read More

ILLINOIS CROP PROGRESS ON SCHEDULE –

Corn dough was 66 percent on Sunday compared to the five-year average of 64 percent, according to the U.S. Department of Agriculture Illinois Corp Progress and Condition Report. (The Telegraph

FIXING THE COVID FOOD DISASTER CAN SLASH CLIMATE EMISSIONS –

The coronavirus pandemic has cut greenhouse gases in some key ways, as people are flying and driving less. But food waste accounts for one reason why the drops likely won’t … Read More

WASDE: 2020-’21 CORN USE IN ETHANOL FORECAST AT 5.2B BUSHELS –

The USDA maintained its forecast for 2020-’21 corn use in ethanol in its latest World Agriculture Supply and Demand Estimates report, released on Aug. 12. (Ethanol Producer Magazine)

HEAVIEST CROP DAMAGE IS NORTH OF QUAD-CITIES –

Midwest farm crops took heavy losses in Monday’s violent derecho wind storm, with the most damage in the Quad-City region appearing to have occurred to corn along the U.S. 30 … Read More

USDA FORECASTS RECORD CORN, SOYBEAN YIELDS BUT INCREASES DEMAND –

Coming into the USDA World Agricultural Supply and Demand Estimates (WASDE) and Crop Production reports, private firms and the trade released their estimates. USDA blew past those estimates and raised … Read More

HK SHARES END FLAT AHEAD OF SINO-U.S. TRADE DEAL REVIEW –

U.S. Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, the principal negotiators for the two countries, will review the Phase 1 trade pact and likely air mutual grievances … Read More

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