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USFR Weekly Recap - June 22-23, 2013

June 22, 2013

                                                                                                                                                                                             

THIS WEEK ON U.S. FARM REPORT

EPISODE # 2080

JUNE 22-23, 2013   

 

 

JOHN’S OPEN:

HELLO AND WELCOME TO U-S FARM REPORT, I'M JOHN PHIPPS. THIS WEEK WAS ALL ABOUT CONGRESS. TYNE WILL HAVE THE SPECIFICS IN A MOMENT. THE UNPRECEDENTED ACTIONS IN THE HOUSE HAS TEMPORARILY STUNNED PUNDITS, AND I MUST ADMIT, THE FARM BILL OUTCOME WASN'T ON MY RADAR EITHER. HISTORY IS WRITTEN IN A ROUGH DRAFT. THESE DAYS HOWEVER WE GET A REAL-TIME PEEK AT THAT PROCESS. THE AMOUNT OF DETAIL IN THE NEWS BOTH ENLIGHTEN AND CONFOUND OUR UNDERSTANDING OF WHAT IS ACTUALLY HAPPENING. I THINK IT IS THIS NEW LEVEL OF TRANSPARENCY THAT HAS CAUSED THE GROWING CYNCISM OF GOVERNMENT. MY HOPE IS WE'LL ADJUST TO UNDERSTAND AN INCREASINGLY COMPLICATED ECONOMY AND CULTURE WILL REQUIRE A CORRESPONDINGLY COMPLEX GOVERNMENT.

HEADLINES:

THERE'S A LOT OF FINGER POINTING IN WASHINGTON AS THE HOUSE OF REPRESENTATIVES FAILS TO PASS THE 2013 FARM BILL. THE BIG QUESTION NOW FACING LAWMAKERS - WHAT'S NEXT? ON THE SENATE SIDE OF THE CAPITOL, REPUBLICAN SENATORS SEARCHING FOR COMPROMISE ON AN IMMIGRATION BILL HAVE ANNOUNCED A DEAL TO STRENGTHEN BORDER SECURITY. THE AMENDMENT WOULD DOUBLE THE NUMBER OF AGENTS ALONG THE BORDER. IT WOULD ALSO REQUIRE 700 NEWS MILES OF FENCING AND INCREASE THE USE OF HIGH-TECH TOOLS, LIKE DRONES. UNDER THE EMERGING COMPROMISE, THE GOVERNMENT WOULD GRANT LEGAL STATUS TO ILLEGAL IMMIGRANTS LIVING IN THE UNITED STATES AT THE SAME TIME THE ADDITIONAL SECURITY WAS BEING PUT INTO PLACE. THE SENATE AG COMMITTEE WANTS TO MAKE SURE THE NATION'S TOP FOOD REGULATORS HAVE INPUT INTO THE PROPOSED SALE OF SMITHFIELD FOODS TO A CHINESE MEAT PRODUCER. A DEAL HAS BEEN REACHED BETWEEN CARGILL AND NORTHSTAR GRAIN. NORTHSTAR AND THE ASSOCIATED COMPANY OF 'STAMP FARMS" ACHIEVED NOTORIETY IN THE PAST YEAR.  PREVIOUS OWNER, MIKE STAMP, FILED FOR CHAPTER ELEVEN BANKRUPTY LAST FALL. AT ONE TIME STAMP FARMED 40-THOUSAND ACRES IN SOUTHWEST MICHIGAN.  HE PURCHASED NORTHSTAR IN 2007. STAMP MADE HUGE INCREASES TO GRAIN STORAGE AND NEGOTIATED A DEAL WITH NORFOLK SOUTHERN RAILWAY, WHICH PROVIDED ACCESS TO EAST-COAST GRAIN USERS.

CROP WATCH:

THANKS TYNE. CROP WATCH THIS WEEK BEGINS IN PENNSYLVANIA. A FARMER IN PERRY COUNTY SAYS THE CORN HE PLANTED DURING THE FIRST WEEK OF MAY IS NOW KNEE HIGH AND IT'S LOOKING GOOD. HIS JUNE-PLANTED BEANS HAVE EMERGED WITH TIMELY RAINS.
IN STEARNS COUNTY, MINNESOTA, A POST ON AGWEB READS "WHOEVER IS REPORTING THESE CROP CONDITIONS TO USDA AT A LOCAL LEVEL SHOULD LAY OFF THE WHISKEY AND GET OUT AND ACTUALLY LOOK AT THE CROPS COUNTYWIDE." THIS FARMER OBVIOUSLY DOESN'T AGREE WITH THE LATEST CROP CONDITION AND GRAIN STOCKS REPORTS.

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