USMEF Reports on Indonesia Beef Access

Lizzy Schultz Leave a Comment

In this week’s audio report from the U.S. Meat Export Federation (USMEF), Joel Haggard, USMEF senior vice president for the Asia Pacific, discusses recently revised regulations to Indonesia’s restrictive import policies, which will now allow for imports of all beef muscle cuts and a range of beef variety meat items including livers, hearts, lungs, tails, tongues and feet. A large …

Ag Group, Agribusiness, Audio, Beef, economics, Export, Export, Trade, USMEF

Congressional Coalition Sends Letter to USDA

Lizzy Schultz

U.S. Representative Joe Courtney (CT-02), along with Senator Patrick Leahy (D-Vt.), Senator Bob Casey (D-Penn.), Senator Tammy Baldwin (D-Wis.), and a bipartisan coalition of 57 other members of the House and Senate sent a letter to U.S. Department of Agriculture (USDA) Secretary Tom Vilsack last week asking for assistance for dairy producers struggling with declining milk prices. The letter specifically …

Ag Group, Agribusiness, Dairy, Dairy Business, dairy farming, economics, usda

AAEA Researches TPP’s Impact on Dairy

Lizzy Schultz

The Trans-Pacific Partnership (TPP) may be the most historic free trade agreement of its time. While the document was signed earlier this year, it has yet to be ratified in many of the 12 participating countries, including the United States, where it has become a significant issue in the race for President. Many concerns from TPP opposition relate to a …

Ag Group, Agribusiness, Dairy, economics, Export, Export, Trade

AAEA Hosting Lecture on Grocery Taxes

Lizzy Schultz

Norbert L. Wilson, professor at Auburn University and lead author of “Do Grocery Food Sales Taxes Cause Food Insecurity?” will be presenting his research as part of the 2016 Agricultural & Applied Economics Association (AAEA) Annual Meeting in Boston, July 31 – August 2. The presentation is Tuesday, August 2, at 1:00 PM at the Marriott Copley Square, in the …

Ag Group, consumer, economics, Finance, Food

NMPF Updates MPP Website

Lizzy Schultz

The National Milk Producers Federation (NMPF) has updated its Margin Protection Program (MPP) website with new materials to assist dairy producers considering enrollment in the third year of the federal dairy safety net program. The enrollment period officially opened July 1 and ends September 30, 2016, for coverage in calendar year 2017, and farmers already participating in the program can …

Ag Group, Agribusiness, Dairy, economics, National Milk, Technology

Commodity Carnival Travels to 150 State & County Fairs

Jamie Johansen

CME Group and National 4-H Council are partnering for a fourth consecutive year to bring Commodity Carnival to 150 state and county fairs during 2016. The exhibit teaches fair-goingers the fundamentals of risk management in agriculture, by way of bringing a hog to market. The game will also continue to be accessible beyond the fairgrounds this year via the mobile …

Agribusiness, economics, Education, Fairs, Markets

NPPC Focuses on GIPSA, Trade at #WPX16

Lizzy Schultz

A major talking point at the 2016 World Pork Expo was the Grain Inspection, Packers, and Stockyards Administration (GIPSA) Act, which has been a concern of producers since the 2008 Farm Bill included new guidelines that threatened the financial security of the livestock industry. Jim Heimerl, Vice President of the National Pork Producers Council (NPPC), sat down with AgWired for …

Ag Group, Audio, economics, NPPC, Policy, Swine, World Pork Expo

U.S. Meat/Poultry Equal $1.02 Trillion in Total Economic Output

Jamie Johansen

The North American Meat Institute (NAMI) conducted a new economic impact analysis, along with John Dunham & Associates, identifying the U.S. meat and poultry industries account for $1.02 trillion in total economic output or 5.6 percent of gross domestic product (GDP). The meat and poultry industry is responsible for 5.4 million jobs and $257 billion in wages, the report found. …

Ag Group, Audio, economics, Meat, NAMI, Poultry

USMEF Reports on Currency Situation

Lizzy Schultz

As the strength of the U.S. dollar continues to weigh on agricultural exports, the U.S. Meat Export Federation (USMEF) focused on the impact of the U.S. dollar strength during a panel discussion at last week’s USMEF Board of Directors Meeting in St. Louis. Michael Drury, chief economist for McVean Trading, provided a brief history on how the currencies of so …

Ag Group, Audio, economics, Export, Export, International, Markets, USMEF

This Month's Dairy Market Report

Lizzy Schultz

This month’s Dairy Market Report from the National Milk Producers Federation (NMPF) shows that increased production per cow and expectations for additional milk production growth has dampened the outlook for milk prices for the remainder of 2016. The report also finds that rising inventories have placed pressure on pot market prices for Cheddar cheese. The pressure will soon be reflected …

Ag Group, Dairy, Dairy Business, economics, Markets, Milk, Price