The U.S. and Philippines have made progress on trade issues of interest to the red meat industry. The agreement also is seeking improved valuation of ag imports.
Sonny Perdue announced producers should received payments this month for the USDA’s Agriculture Risk Coverage, Price Loss Coverage and Conservation Reserve programs
Even with the price of milk being low. The milk production has increased as much as 11%,. Overall production, last month was 17.2 billion lbs., up 1.3%.
Some in dairy Industry have called for a hearing to increase over-base milk prices. Polls, what impact do they have? No major market moves for soybean crops.
China lower import tariffs on certain cheeses. The level of biofuel to be blended into the gasoline supply getting a mixed response. Farm profits stabilizing.
EU is seeing a slow advancement of Bio-tech agriculture. The price of Whiskey and Bourbon could be going up depending of NAFTA talks and milk production is up.
**The USDA says milk production in the top 23 states during April was nearly 17.2 billion pounds, up 2% on the year.
The average production per cow was a new monthly record and up 20 pounds from last year at 1,967 pounds per cow, while the milk cow herd jumped 81,000 head from a year ago, to 8...