EPA issues Exemption to Fight a Pest
EPA issues an emergency exemption to the State of Arizona allowing the use of Dows’ Transform insecticide to control sugarcane aphids in sorghum. The pest poses threats to sorghum producers and dairies.
The outlook for the cattle markets remains bearish as the industry awaits the next round of Cattle on Feed data but some good news as China announced that it is lifting its 13-year ban on U.S. beef exports—for animals under 30 months of age. Kent Bacus, director of international trade for the National Cattlemen’s Beef Association said that . “While these initial reports are positive, we must continue technical negotiations and undergo the process of formally approving export certificates,.” China is already the world’s second largest buyer of beef, and with a growing middle class, the export opportunities for U.S. cattlemen and women are tremendous.” Speaking of China a 2016 Iowa State University study estimated losses to U.S. wheat farmers alone from the Chinese market price support programs between $650 and $700 million annually.