The RFS requires 13.2 billion gallons of corn-based Ethanol to be produced this year. At that production level, that's about 4.7 billion bushels of corn. Some agricultural forecasters are now estimating that the US will harvest under 12 billion bushels of corn this fall. As we first reported yesterday Informa Economics is now projecting the corn crop to produce 11 1/2 billion bushels this year. The Renewable Fuels Association immediately responded to the waiver request. The RFA is the largest US ethanol trade group. It says it fully expects that EPA administrator Lisa Jackson will deny any waiver request,
US crops are maturing quickly, but they're suffering just as well. There's a two point dip both in corn and soybeans this week. USDA reports 24% of corn is good to excellent. 48% is poor to very poor. 13% has dented. That's ten points ahead of average.
USDA meteorologist Brad Rippey says the most recent drought monitor shows the expansion of the drought is slowing. Unfortunately, the conditions already in drought are getting worse in some areas. Nearly 90% of the nation's primary corn area is in some type of drought.
FARM BILL EXTENSION:
While not giving up on the 2012 version of the Farm Bill, steps have been taken to extend the current farm policy.
FARM BILL GROWERS:
Both the National Corn Growers Association and the American Soybean Association came out in opposition to the idea of an extension of the current law. They both want the new bill to get finished.
Rising costs have US dairies looking for efficiency. To get it, even smaller herds are hooking up to modern technology that was once reserved for big operators. The Vogel Dairy only milks 60 cows but they recently installed a robotic milker. The high tech machine is already paying off.
Cooking gadgets clutter the counter tops of many a kitchen. Small appliances come in all different shapes and sizes with dozens of different purposes, but another essential chef accessory has a design that's stayed pretty much the same for centuries, and is a staple for lots of cooks. Cliff Naylor from AgDay affiliate KFYR-TV in Bismarck, North Dakota shows us an amazing culinary clothes collection. Jo-ann says she started her collection a dozen years ago, and she says she has plenty of room in her kitchen for more aprons.
FOOD AND YOUR FAMILY:
As more consumers choose to eat out, the number of restaurants popping up in the country is also on the rise. The demand for one healthy nut just keeps growing. And now almonds are becoming popular in china thanks to a new deal.