08-17-17 “Sizing up Profit” to Be the Focus of the RAAA Commercial Cattlemen’s Symposium in Colorado Springs – AUDIO AVAILABLE

“Sizing up Profit” to Be the Focus of Commercial Cattlemen’s Symposium in Colorado Springs




Commerce City, Colorado – Cattlemen and women will gather in Colorado Springs in September to take advantage of insight offered by industry experts on pressing issues affecting beef producers today. The Commercial Cattlemen’s Symposium, hosted by the Red Angus Association of America as part of the National Red Angus Convention, is a one-day event focused on equipping producers with the knowledge and guidance they need to take their management skills, and ultimately, profits, to the next level. Appropriately, this year’s symposium will focus on “Sizing up Profit” and will take place Wednesday, September 13, at the DoubleTree Hotel in Colorado Springs.

Tom Brink, RAAA CEO, expressed his enthusiasm about the symposium’s speaker lineup, noting that the event is always a highlight of the National Red Angus Convention.

“This year’s lineup of speakers is outstanding. They will be covering a host of topics designed to help producers improve their productivity and create better bottom line results. Cattlemen and women who choose to attend will no doubt leave the symposium with renewed passion and dedication for raising the best beef in the world.” Continue reading

READ the NAFB’s National Ag News for Wednesday, September 13th

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READ the NAFB’s National Ag News for Wednesday, September 13th

South Korea Wants Step by Step Approach to KORUS

Trade leaders from South Korea are asking for a step by step approach to the U.S.-Korea Free Trade Agreement. Following last week’s discussion on terminating the agreement by President Donald Trump, Korea says: “Let’s go step by step, rather than just jumping the gun.” It is possible Trump could seek to renegotiate the trade deal, like his move regarding the North American Free Trade Agreement, but the administration would have to notify Congress before doing so. Cabinet members, including Agriculture Secretary Sonny Perdue, briefed the White House last week on the implications of withdrawing from the agreement. Further, former House Speaker John Boehner said withdrawing from the agreement would “do more harm than good.” Boehner helped ratify the agreement in 2011, and told Politico that “we must renew and strengthen our relationships in the Pacific region, not just with South Korea, but with China,” instead of withdrawing from trade deals.

USDA Predicting Larger Corn, Soybean Harvest

The Department of Agriculture expects a larger corn and a record soybean harvest in the most recent round of monthly reports. USDA forged against expectations and raised corn production to an estimated 14.1 billion bushels and soybeans to a record 4.4 billion bushels. USDA is forecasting the average corn yield at 169.0 bushels per acre, and the soybean yield at 49.9 bushels per acre. Production for the 2017-18 corn crop increased 31 million bushels from the August projection, but still six percent lower than the 2016-17 crop. Yield is expected to be lower, but overall crop projections by USDA put the crop at third-largest on record. The projected range for the season-average corn price received by producers was lowered 10 cents on both ends to a range of $2.80 to $3.60 per bushel. The farm price for soybeans was also lowered 10 cents a bushel to an average of $9.20. As for cotton, USDA estimated larger production, exports, and ending stocks relative to last month. However, USDA says those projections came before Hurricane Harvey, adding the agency will go back to collect harvested acres for cotton for Texas and Louisiana for the October Crop Production report.

Head of USDA Organic Program Stepping Down

The leader of the Department of Agriculture’s National Organic Program will step down at the end of the month. Miles McEvoy (Mac-o-voy), will vacate the position overseeing the program and return to his home state of Washington. McEvoy led the program that oversees organic regulations and the USDA organic seal for eight years. McEvoy told Fern’s Ag Insider that his original plan was to run the program for five years. After eight years at USDA, he says the program is now stronger, offering better quality inspectors, certifiers and work. He says the Trump administration and Agriculture Secretary Sonny Perdue favor “increased enforcement and authority” for the program, and do not have any desire to weaken the program. McEvoy says he has no plans yet for what he may do next, but says he is not retiring, rather “just stepping down from the government service.”

NPPC Seeking ELD Waiver

The National Pork Producers Council Tuesday petitioned the Department of Transportation for a waiver and exemption for livestock haulers from regulations that NPPC says could harm animal well-being. The petition was filed on behalf of the pork industry and other livestock sectors, and requests the waiver and exemption because of concerns about the Electronic Logging Device Rule. The petition also asked the agency to address incompatibilities between the transportation of livestock and the department’s Hours of Service rules. Those regulations limit truckers to 11 hours of driving daily, after ten consecutive hours off duty, and restrict their on-duty time to 14 consecutive hours, which includes nondriving time. The Department of Transportation did recently issue an interpretation intended to address shortcomings in its Hours of Service rules, exempting from the regulations and from any distance-logging requirements truckers hauling livestock within a 150 air-mile radius of the location at which animals were loaded. NPPC also supports language included in the transportation fiscal 2018 funding bill that would delay the ELD mandate for one year for livestock haulers.


Imra Impacts on Orange Groves, Meat Processing Facilities

The remnants of Hurricane Irma shut down ports and meat plants in Florida and Georgia this week. Tyson Foods suspended operations at three chicken processing plants in Georgia and a beef facility in Florida to start the week. The Port of Savannah, Georgia, was closed Monday and Tuesday. The port is home to almost one-third of all U.S. poultry exports, according to Reuters. Meanwhile, as Florida farmers begin to assess damage from the storm, the Florida Fruit and Vegetable Association says early reports from orange growers have found fruit removed from trees and covering the ground. Oranges knocked to the ground cannot be consumed. In southern Florida, heavy rain also flooded orange groves, forcing growers to pump out standing water to reduce the risk of disease hurting trees. Florida is ranked first among U.S. states in production value for oranges and in 2015 produced $1.17 billion of the fruit, accounting for 60 percent of the value of total U.S. orange production. The state is also a major producer of tomatoes and sugarcane.

More Wheat Import Woes in Egypt

Egypt is again sparking nervousness in the export market as the county will likely refer a 59,000-metric ton French wheat cargo to the public prosecutor after tests showed it contained toxic poppy seeds. The move marks the second shipment in less than a month flagged for potential re-export. Suppliers say the world’s biggest wheat buyer has begun scrutinizing cargoes more closely, reviving fears that tight import requirements could re-emerge following last year’s spat over ergot, a common grain fungus Egypt temporarily banned. A European trader told online source Business Recorder: “There is serious worry that another new problem like ergot might emerge.” Traders said the prospect of cargo rejections could again make it tough for Egypt to attract suppliers to its tenders. During last years’ ergot fiasco, traders boycotted Egypt, who failed to get tenders on bids for wheat. Egypt is the world’s largest wheat importer.

SOURCE: NAFB News Service