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AgDay Daily Recap -February 10, 2014

February 10, 2014
 
 

TODAY ON AGDAY

FEBRUARY 10, 2014

 

FARM BILL:

GOOD MORNING I'M CLINTON GRIFFITHS. WITH A FEW STROKES OF THE PEN, AMERICAN FARMERS NOW HAVE MORE CLARITY ON FARM POLICY FOR THE NEXT FIVE YEARS.

EXPORTS:

THE PRESIDENT COUPLED THE FARM BILL SIGNING WITH THE ANNOUNCEMENT OF A PLAN TO BOOST EXPORTS. THE WHITE HOUSE CALLS IT "MADE IN RURAL AMERICA'. OBAMA SAYS HE WANTS TO CONNECT RURAL BUSINESSES WITH FEDERAL RESOURCES THAT CAN HELP SELL THEIR PRODUCTS AND SERVICES ABROAD. AS PART OF THE INITIATIVE, AGRICULTURE DEPARTMENT STAFF IN ALL 50 STATES WOULD BE TRAINED TO ADVISE ON EXPORT OPPORTUNITIES. LAST FISCAL YEAR, AG EXPORTS TOTALLED 141-BILLION DOLLARS.

NCBA:

OVERALL U.S. AG EXPORTS ARE EXPECTED TO BE STRONG IN 2014. THE SAME IS TRUE IN THE BEEF SECTOR...DESPITE CONTINUED CONTRACTION IN HERD NUMBERS. THAT SHRINKING U.S. HERD HAS OTHER NATIONS SEEING GREEN---AN OPPORTUNITY TO IMPORT MORE BEEF TO THE U.S. BUT A RECENT PROPOSAL REGARDING PRODUCT FROM BRAZIL HAS FOLKS WITH THE NATIONAL CATTLEMENS BEEF ASSOCIAITON TAKING A HARD LOOK.

U.S. MEAT EXPORT FEDERATION:

AND YEAR-END TOTALS FROM THE U-S MEAT EXPORT FEDERATION REVEAL BEEF EXPORTS PASSED SIX BILLION DOLLARS FOR THE FIRST TIME LAST YEAR. THAT SETS A NEW RECORD FOR VALUE. U-S BEEF EXPORTS EQUALED 13-PERCENT OF ALL BEEF PRODUCTION.
SALES TO JAPAN WERE UP 54-PERCENT IN VOLUME FOR THE YEAR.

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