Latest USDA supply-demand report delivers few surprises in key commodities

Record If weather and yields return to normal, there could be record corn and soybean production this year

Reading Time: 2 minutes Reuters / The U.S. Agriculture Department delivered few surprises in its monthly crop and world agricultural supply-demand reports, keeping U.S. corn and soybean supplies tight but raising global soybean and wheat stockpiles from a month ago. The Argentine soybean and corn crops were both lowered by drought, USDA said. Projected soybean output was trimmed by […] Read more


USDA details some furlough plans

All U.S. meat inspectors will be furloughed on the same days as the federal meat safety agency, a top U.S. ag department official said, leading to spotty meat shortages in the summer and fall as automatic spending cuts shave US$53 million off the agency’s budget. Agriculture undersecretary Elizabeth Hagen told a U.S. House of Representatives’ […] Read more



U.S. deserves lightest BSE rating, health officials say

The United States is expected to get the top safety rating for BSE in spring, under a recommendation from international livestock health experts that was greeted on Wednesday as a sure-fire boost to U.S. beef exports. U.S. Agriculture Secretary Tom Vilsack said the recommended upgrade, to "negligible" from "controlled" risk, was proof that U.S. beef […] Read more

‘Fiscal cliff’ fallout could shut down meat packers

Employee pay Ag secretary says there is no choice but to cut every budget item by a certain percentage

Reading Time: 2 minutes Reuters / The Obama administration warned Feb. 8 that across-the-board spending cuts set to take effect in March may result in furloughing every U.S. meat and poultry inspector for two weeks, causing the meat industry to shut down. By law, meat packers and processors are not allowed to ship beef, pork, lamb and poultry meat […] Read more


Separate path for farm labour in U.S. Senate immigration plan

Reading Time: 2 minutes Reuters / Agricultural labourers would be on a separate path to U.S. citizenship than other undocumented workers in the immigration reforms proposed by eight senators Jan. 28 that cited the importance of feeding America. Many of the 1.5 million farm workers employed in the United States annually — perhaps 500,000 to 900,000 in all — […] Read more

Farm group backs U.S. immigration reform

Reading Time: < 1 minute Reuters / The largest U.S. farm group is throwing its weight behind a new immigration law reform that would allow undocumented workers already in the country to gain legal status. Delegates at the annual meeting of the six-million-member American Farm Bureau Federation issued the call after U.S. Agriculture Secretary Tom Vilsack asked them to speak […] Read more



Crop insurance tab for U.S. drought could top $15 billion

Public expense Although privately run, Washington picks up most of the 
tab for premiums as well as other costs

Reading Time: 2 minutes Reuters / U.S. taxpayers could pay a record $15 billion to subsidize the privately run crop insurance program in the wake of this year’s devastating drought. The program’s runaway costs are in focus as Congress looks for ways to cut government spending, making crop insurance a bigger target for reforms. Precise estimates won’t be available […] Read more