AgriTalk: China’s Purchase of Soybeans is “Positive, Good Start”

December 13, 2018 11:35 AM
 
Today on AgriTalk, USDA Deputy Secretary Stephen Censky, Scott Yager of the NCBA, and attorney and Farm Journal columnist John Dillard.

Today on AgriTalk, USDA Deputy Secretary Stephen Censky, Scott Yager of the NCBA, and attorney and Farm Journal columnist John Dillard.

 

 

Thursday’s announcement of China purchasing 9thlargest one-day soybean purchase is something Deputy Secretary of Agriculture Stephen Censky is calling “a start.” Censky says he wants to see it happen with other ag commodities as well. He is optimistic there will be some sort of resolution to the trade dispute with China, and the ball is in China’s court. Censky shares an update on the second round of the Market Facilitation Payment (MFP), and the impact of putting the USMCA to bed.

 

The farm bill is headed to President Trump’s desk now that it’s passed the House and Senate. Scott Yager, chief environmental counsel with the National Cattlemen’s Beef Association, talks about the farm bill’s wins in cattle industry, and his big takeaways with the WOTUS rule. With the proposed WOTUS definition, he says the cattle industry has a lot to celebrate.

Lab-grown protein is garnering a lot of attention, and some lab-grown steaks can cost $50. John Dillard, Farm Journal columnist and attorney, talks about the regulation of the product when it comes to market and how companies are marketing the product.

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