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USFR Weekly Recap - February 8-9, 2014

February 8, 2014

                                                                                                                                                                                          

THIS WEEK ON U.S. FARM REPORT

EPISODE # 2113

FEBRUARY 8-9, 2014   

 

TYNE OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M TYNE MORGAN IN FOR JOHN PHIPPS. THE WEATHER MAY HAVE BEEN A DRAG THIS WEEK, BUT A FEW THINGS BROUGHT A SMILE TO MANY FARMERS' FACES. BETWEEN FARM BILL PROGRESS IN WASHINGTON AND A LITTLE PRICE BUMP FOR SOME COMMODITIES, A GLIMMER OF HOPE MADE THOSE DREARY DAYS SEEM A LITTLE BRIGHTER. AND WE HAVE IT ALL COVERED IN TODAY'S SHOW. LET'S JUMP INTO THE HEADLINES.

HEADLINES:

MORE THAN 500 DAYS AFTER THE 2008 FARM BILL OFFICIALLY EXPIRED, FARMERS AND RANCHERS FINALLY HAVE A NEW ONE ON THE BOOKS. THE PRESIDENT SIGNED THE 2014 FARM BILL INTO LAW ON FRIDAY ON THE CAMPUS OF MICHIGAN STATE.  THE MEASURE WILL COST 756 BILLION DOLLARS - SPREAD OVER TEN YEARS. NEARLY 80-PERCENT GOES TO GOVERNMENT FOOD PROGRAMS. THE NEW BILL TIES CONSERVATION TO THE COMMODITY TITLE. IT ALSO ELIMINATES DIRECT PAYMENTS. ONE GROUP THAT CAME OUT AGAINST THE FARM BILL WAS THE NATIONAL CATTLMEN'S BEEF ASSOCIATION. NCBA MEMBERS MET THIS WEEK IN NASHVILLE FOR THEIR ANNUAL CONVENTION. LEGISLATIVE DIRECTOR COLLIN WOODALL SAYS IT WAS A TOUGH DECISION TO BE OPPOSED TO THE BILL. BUT HE SAYS THE NEGATIVE IMPLICATIONS FROM MANDATORY COUNTRY OF ORIGINAL LABELING LAWS ARE FAR TO GREAT.  IN A PRESS CONFERENCE LATE LAST WEEK, HOUSE SPEAKER JOHN BOEHNER SAYS IT WILL BE DIFFICULT TO MOVE IMMIGRATION REFORM FORWARD THIS YEAR. HE SAYS THE PRESIDENT CAN'T BE TRUSTED TO IMPLEMENT LAWS AS WRITTEN. BOEHNER SAYS UNTIL THAT TRUST IS REBUILT, HE AND FELLOW COLLEAGES ARE WEARY OF PASSING THE MEASURE. MANY WASHINGTON INSIDERS SAID FROM THE BEGINNING IT WOULD BE HARD TO GET IMMIGRATION REFORM PASSED IN AN ELECTION YEAR. RECENT LAND SALES HAVE DROPPED OFF THE HIGHS WE SAW A YEAR AGO.  BUT LANDOWNER EDITOR MIKE WALSTEN SAYS FARMERS ARE STILL WILLING TO PAY FOR QUALITY FARMLAND.  WALSTEN SAYS IF A FARM HAS TOP-QUALITY SOILS AND THE MAJORITY IS TILLABLE, DEMAND IS STILL STRONG.

AN UPDATE TO THE SEED ESPIONAGE CASE WE'VE BEEN FOLLOWING. FEDERAL WARRANTS AND WANTED POSTERS HAVE BEEN ISSUED FOR FIVE PEOPLE WHO ALLEGEDLY STOLE INBRED SEED CORN FROM THE U-S. THESE FIVE ALLEGEDLY COLLECTED THE SEED, SOMETIMES BY DIGGING IT OUT OF THE GROUND, FOR A CHINESE-BASED SEED COMPANY. OFFICIALS BELIEVED THE INDIVIDUALS TRANSPORTED THE PATENTED SEED TO CHINA BETWEEN APRIL 2011 AND DECEMBER 2012

CROP WATCH:

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