03-08-18 FCSIC Board votes to return excess funds to Farm Credit System institutions and retire all Financial Assistance Corporation stock

FCSIC Board votes to return excess funds to Farm Credit System institutions and retire all Financial Assistance Corporation stock

McLEAN, Va., March 8, 2018 — The Farm Credit System Insurance Corporation board of directors approved a payment of $175.8 million in excess insurance funds to Farm Credit System institutions. This amount includes $13.1 million to retire all remaining stock in the Farm Credit System Financial Assistance Corporation (FAC).

By law, the Farm Credit Insurance Fund, which FCSIC administers, must maintain a “secure base amount” equal to 2 percent of the adjusted outstanding insured obligations of the Farm Credit System. Currently, the secure base amount is approximately $4.7 billion. Continue reading

03-08-18 Inside the BARN & FarmCast Radio with Colorado Governor John Hickenlooper

Inside the BARN & FarmCast Radio with Colorado Governor John Hickenlooper

(BARN Media / FarmCast Radio – Briggsdale, CO) March 8, 2018 – Joining me on FarmCast Radio Inside the BARN is CO Governor John Hickenlooper,  visiting about a few important topics that impact the agriculture industry in the state, including:

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To learn more about CO Governor John Hickenlooper or to contact him, please visit www.colorado.gov/governor.

03-08-18 FCA board adopts bookletter on lending and loan servicing controls

FCA board adopts bookletter on lending and loan servicing controls

McLEAN, Va., March 8, 2018 — The Farm Credit Administration board today adopted a bookletter on lending and loan servicing controls. Booklettters are documents that FCA officials issue to communicate the agency’s position on issues.

This bookletter conveys FCA’s expectation that each Farm Credit System institution will continuously assess its lending and loan servicing controls to ensure the controls are effective and comply with FCA regulations. These controls help promote efficiency, reduce risk of asset loss, ensure reliable financial statements, and ensure compliance with laws and regulations. Continue reading

03-08-18 NCGA: Latest RFS Bill Ignores Wealth of Science Documenting Ethanol’s Environmental Benefits

NCGA: Latest RFS Bill Ignores Wealth of Science Documenting Ethanol’s Environmental Benefits

St. Louis, Mo. (March 8, 2018) – Statement by Kevin Skunes, National Corn Growers Association President, and Arthur, North Dakota farmer regarding the Udall/Welch Renewable Fuel Standard (RFS) Legislation H.R. 5212/S. 2519)

“This legislation seeks to kill our most successful American renewable energy program. The bill ignores current science reflecting the significant environmental benefits of ethanol and would have catastrophic consequences for our nation’s economy, our energy security, and family farmers. Continue reading

03-08-18 Learn more about Colorado’s Centennial Farms & Ranches Program and How to Apply…

Centennial Farms & Ranches

Deadline to apply is April 30th

Across the nation, family farms and ranches, historic barns and other agricultural sites are disappearing at an alarming rate. In Colorado, the family farm and working cattle ranch serve as a reminder of how the West was settled.

The contributions of Colorado’s ranching and farming families have withstood the pressures of growth, changes in farming methods, drought, and economic conditions to preserve these important pieces of our state’s commercial and cultural history.

  • Farms or ranches must have remained in the same family continuously for 100 years or more.
  • Property must be a working farm or ranch.
  • Property must have a minimum of 160 acres — however, properties with fewer than 160 acres can qualify if they gross at least $1,000 in annual sales.
  • Properties that have four or more well-maintained buildings/structures — which are at least 50 years old — may be eligible for a Historic Structures Award.

03-08-18 Colorado Weekly Hay Report…

03-08-18 Aggressor™ herbicide receives EPA registration for exclusive use in the CoAXium™ Wheat Production System

Aggressor™ herbicide receives EPA registration for exclusive use in the CoAXium™ Wheat Production System

March 8, 2018, Ankeny, IA and Fort Collins, CO — Three major agricultural organizations, Albaugh, LLC, Colorado Wheat Research Foundation, Inc. (CWRF) and Limagrain Cereal Seeds, LLC (LCS) have announced the EPA registration of Aggressor™ herbicide, the exclusive-use herbicide for CoAXium™ Wheat Production System. Aggressor™ herbicide will provide growers with a new mode of action to address tough-to-control winter annual grassy weeds, including feral rye, Group 2 or ALS resistant biotypes of downy brome grass and jointed goatgrass. Aggressor™ herbicide will be the exclusive herbicide brand for use with two new CoAXium Wheat varieties. Incline AX and LCS Fusion AX, both hard red winter wheat varieties, are scheduled for a 2018 fall launch with limited amounts of certified seed available to growers in Colorado, Nebraska, Kansas, Oklahoma, Montana and parts of Oregon and Washington. Aggressor™ herbicide and CoAXium™ Wheat Production System are a result of innovative thinking and vision of Colorado growers and Colorado State University. This joint collaboration focused on delivery of novel solutions for wheat producers in North America and around the globe. The new CoAXium Wheat Production technology platform combines a patented herbicide-tolerance trait, elite germplasm, state-of-the-art Aggressor herbicide brands and best-in-class industry stewardship.

Continue reading

03-08-18 Inside the NACD w/VP Michael Crowder: Commodity Classic, USDA Confirmations, Farm Bill, Budget and more…

Inside the NACD w/ VP Michael Crowder…

Commodity Classic, USDA Confirmations, Farm Bill, Budget and more…

(BARN Media / FarmCast Radio – Briggsdale, CO) March 8, 2018 – Within this month’s interview with the National Association of Conservation Districts… Vice-President Michael Crowder discusses several issues pertinent to the agriculture, conservation and to the NACD, including:

  • RECAP 2018 Commodity Classic
  • Recent USDA Confirmation Bill Northey to USDA US FPAC
  • 2018 Farm Bill Update
  • President Trump’s Recent Budget Proposal
  • Upcoming NACD Spring Fly-In
  • & more

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Continue reading

03-08-18 Alltech President and Founder Dr. Pearse Lyons, dies at 73…

Dr. Pearse Lyons, President and Founder of Alltech.

Alltech President & Founder Dr. Pearse Lyons, dies at 73

[LEXINGTON, Kentucky] – It is with great sadness that Alltech announces the passing of its founder and president, Dr. Pearse Lyons. Lyons died on Thursday, March 8, due to an acute lung condition that developed during his recovery from heart surgery. He was 73.

“The thoughts of our entire Alltech family around the world are with Dr. Lyons’ family, specifically his wife Deirdre, daughter Aoife, son Mark and Mark’s wife Holly,” said Alric Blake, CEO and treasurer of Alltech. Continue reading

03-08-18 KSU College of Veterinary Medicine Recognizes Dr Keith Roehr, DVM with 2018 Alumni Award

KSU College of Veterinary Medicine Recognizes Dr Keith Roehr, DVM with 2018 Alumni Award

Western Veterinary Conference 2018

Dr. Keith Roehr

Dr. Keith A. Roehr, Broomfield, Colorado, has been selected by the Kansas State University College of Veterinary Medicine and its Veterinary Medical Alumni Association to receive a 2018 Alumni Recognition Award. The award was presented March 5 at the Western Veterinary Conference in Las Vegas and is in recognition of his career in veterinary medicine and for having served as an exemplary role model for future alumni in a professional and community setting.

Dr. Roehr has served as the state veterinarian for Colorado Department of Agriculture since 2009. He received his Doctor of Veterinary Medicine from Kansas State University in 1981. From there, he spent more than 14 years fine-tuning his skills in private practice in Philipsburg, St. Maarten (Caribbean); Monte Vista, Colorado; Lufkin, Texas; and Broomfield, Colorado, before shifting his career focus to regulatory medicine.

“One of my greatest investments in life has been my DVM degree,” Dr. Roehr said. “I have had many opportunities to apply my animal health experience into a variety of issues that benefit both veterinary and human health.” Continue reading

READ the NAFB’s National Ag News for Thursday, March 8th

CLICK HERE to listen to Today’s BARN Morning Ag News w/Brian Allmer

Sponsored by the American Farm Bureau Federation

READ the NAFB’s National Ag News for Thursday, March 8th

USDA to Host Roundtables on Rural Opioid Misuse

The Department of Agriculture will host a series of roundtable talks on opioid misuse. Assistant to the Secretary for Rural Development Anne Hazlett Wednesday announced a series of monthly roundtables on opioids through the summer. The action follows the creation of Farm Town Strong, an effort by the American Farm Bureau Federation, the National Farmers Union and USDA to combat the opioid epidemic. Hazlett says the opioid epidemic in rural America goes beyond a public health issue, saying “this is a matter of rural prosperity.” The Centers for Disease Control and Prevention estimates that in 2016 nearly 64,000 Americans died from a drug overdose, with an overwhelming majority of these overdose deaths involved an opioid. The first roundtable will be held March 14th in Pennsylvania, with events in Utah, Kentucky, Oklahoma and Maine scheduled throughout the summer. Key topics will include challenges associated with substance use disorder, strategies for prevention, treatment and recovery, and how th0se measures can be replicated to effectively address the epidemic in other rural communities.

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Trump Considering Trade Protection Measures Against China

The Trump administration is mulling trade protections against Chinese investments in the United States and a broad range of tariffs. The consideration is seen as a punishment by the administration to Beijing for its alleged theft of intellectual property. An announcement by the U.S. Trade Representative’s office investigation into China’s intellectual property practices is expected in the coming weeks, setting the stage for further trade protections by President Trump. The move comes as Chinese officials have been studying curbs on U.S. products such as soybeans, according to Bloomberg. Officials from Japan met with the Trump administration last week, with both sides expressing a desire to avoid a trade war. However, further escalating Trump’s desire to protect U.S. trade, the deficit between Chinese goods imported to the U.S. and American goods exported to China last year reached $375.2 billion, an eight percent jump from $347 billion in 2016.

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Coalition Formed to Fight Steel, Aluminum Tariffs

Industry and agriculture groups have formed a coalition to address the proposed steel and aluminum tariffs by President Donald Trump. The National Foreign Trade Council announced formation of the Alliance for Competitive Steel and Aluminum Trade this week. The coalition includes industrial and agriculture groups, such as the National Pork Producers Council, The American Soybean Association and U.S. Wheat Associates. In a statement announcing the coalition, organizers say members will meet with Congress and the Trump administration to express concerns about the downstream effects of the proposed tariffs on imports of steel and aluminum, and the potential for foreign retaliation. The National Foreign Trade Council says the alliance is “deeply concerned about the effects that these tariffs will have” on U.S. sectors that use steel and aluminum. The coalition says the tariffs pose risks to U.S. consumers, exports and economic growth.

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South Korea Forming Response team to U.S. Trade Protectionism

South Korea is creating a task force to respond to U.S. trade protection measures. South Korea’s Foreign Ministry has ordered the South Korean embassy in Washington set up the special response team. South Korea has requested to be excluded from proposed higher import tariffs on steel exports under Section 232 of the Trade Expansion Act, emphasizing the negative effects the measures would have on bilateral relations, according to KBS World Radio. The move comes as the U.S. also is seeking to renegotiate KORUS, the Korea-U.S. Free Trade Agreement. South Korea is a major U.S. agriculture market. According to a U.S. Trade Representative’s fact sheet, Korea is currently the fifth largest U.S. agricultural export market, with beef leading the way, followed by lemons, shelled almonds, cheese, cherries and wine and beer. Korea was also a top market for U.S. corn in the last marketing year.

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Biofuel Plant Managers Write To Trump Regarding RFS

Roughly 150 biofuel plant managers are urging President Donald Trump to pursue the path that’s a win for agriculture, the biofuels industry, and blue-collar workers, regarding the Renewable Fuel Standard and RIN prices. Growth Energy joined the managers in the letter that calls for Reid Vapor Pressure relief for E15 fuels and asking the administration to reject Ted Cruz’s proposals that they say “pick winners and losers.” Growth Energy CEO Emily Skor says the Cruz campaign against RINs “is based on fairytales designed to justify handouts for the same folks who raided corporate funds at the expense of local workers in Philadelphia,” referring to the failed refinery in Pennsylvania that claimed RIN prices led to its bankruptcy. The letter to Trump explains that allowing year-round E15 sales would “support growth on all sides, generate a new supply of RINs, and ease pressure on refiners.” But the letter states the proposal “holds no value” if it becomes tied to RIN caps that eliminate market access for biofuels.

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Bayer in Exclusive Talks With BASF to Sell Vegetable Seed Business

Bayer confirmed this week that the company is in exclusive talks with BASF regarding the sale of Bayer’s entire vegetable-seeds business, a move it expects to help it win approval for its acquisition of Monsanto. The move, according to Bayer, is part of its effort to address concerns made by the European Commission regarding the Bayer-Monsanto deal. The European antitrust regulator, which has raised concerns that the Monsanto acquisition could pressure farmers, is expected to make its decision on the Monsanto deal by April 5th, though it could issue a ruling earlier, according to Dow Jones. Bayer had already agreed to sell selected crop-science businesses to BASF for $7.3 billion last October. This first deal covers Bayer’s LibertyLink technology for herbicide tolerance, and essentially all of the company’s field-crop seed businesses, and related research and development capabilities.

SOURCE: NAFB News Service

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