News and Views

August 16, 2012 01:09 AM
 

via a special arrangement with Informa Economics, Inc.

Corn ethanol mandate | Safety net for hogs, cattle | Farmers like Romney | Romney can win Wisconsin | USDA releases initial certified acreage data

NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


-- Some corn ethanol mandate supporters are asking this question regarding livestock groups' calls for modifying Renewable Fuels Standard (RFS): "Why didn't feeders get coverage earlier this summer when the price of corn dropped. It's not like they didn't have a chance."

-- Growing number of hog, cattle producers start to think about the need of a farm bill safety net for them. For decades, most livestock producers other than dairy shied away from any interest in a farm bill-related safety net. No longer, according to several recent talks with this sector of agriculture, and a show of hands at a recent event asking a question about the topic.

-- Widespread farmer/ag industry support for presidential candidate Mitt Romney and his running mate Paul Ryan of Wisconsin, according to several polls of farmers and others at industry meetings.

-- Do not rule out Romney winning the state of Wisconsin in the coming presidential election. So say a group of farmers from the state when asked about the matter. "He is a leader and this state wants change," one farmer said when asked about the matter.

-- USDA releases initial certified acreage data. Analysis of the initial release of FSA certified acreage data for 2012 indicates that planted acreage for this crop year is likely around 3 million acres higher than the current estimates from the National Ag Statistics Service, including around 1.8 million acres for soybeans and around 1.3 million acres acres for corn. Contacts advise that the FSA data was one factor that kept NASS from reducing harvested acres more than they did in the August Crop Production report.


 

NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


 

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