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An early look at the report shows the House Ag Committee could push for improvements to the current safety net within Title I of the farm bill and move away from relying on Congress to approve ad hoc disaster aid.
Skeptic, heretic, eccentric, disruptor—Roy Pfaltzgraff pleads guilty to all. “People think I’m crazy. They’re right, I am crazy, but I’m also the owner of a farm that is working great.”
Missy Bauer, Farm Journal field agronomist, has found adding a dry ammonium sulfate at V3 or V4 growth stages can make the most significant impact on yields in soils with less organic matter.
WASDE Report was bullish for soybeans with a cut in U.S. ending stocks and 8 mmt cut in Argentina production, corn ending stocks bearish, raised 75 mb. Wheat balance sheet unchanged. Jim McCormick of AgMarket.Net.
As farmers in the Plains continue to see losses from drought, groups like NSP are discussing during Commodity Classic either permanent disaster aid or other changes to strengthen the safety net within Farm Bill.
Grains mixed & quiet ahead of the WASDE report but outside markets have settled down. Livestock mostly lower w/cattle consolidating awaiting cash and hogs pressured by rising numbers. Michelle Rook an update.