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Breaking News Home | All | Religion | Society | Tech | Choice | SA Newsroom
FRONT PAGE  |  6/27/2019
FRIDAY, MAY 24, 2019  |  3 comments
Floods Swamp U.S. Farm Belt
Nationwide, farmers have planted 49% of their intended corn acres, far below the 80% average for this time of year, according to the U.S. Department of Agriculture. Just 19% of soybean acres have been planted, compared with the 47% average. This year’s corn planting is the slowest since record-keeping began in 1980, according to agricultural economists at the University of Illinois.

The prospect of weather-diminished crops lifted corn futures prices 6.8% in the past week, while wheat futures climbed 5.2%. Soybean futures prices fell 0.7% on the potential for farmers to shift more acres to the oilseed.

Illinois farmer Tom Mueller said he typically tries to get his 400 acres of corn and soybeans planted by the Kentucky Derby in early May. This year, nothing was planted by that date. Some fields still had pools of standing water and others were too muddy to work. ...


CLICK HERE to Read Entire Article
www.wsj.com

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· Page 1 ·  Found: 3 user comment(s)
News Item5/24/19 3:40 PM
Douglas Fir | Zones Four to Six  Find all comments by Douglas Fir
Let's see, we got the floods, how about fires, pestilence, disease, and war?
Sounds like an apocalyptic setting up of things. Better to build that bomb shelter (no, wait, that would be flooded out right?).
3

News Item5/24/19 5:57 AM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Senator Fischer website wrote:
“Today the U.S. Senate came together in a bipartisan manner and passed a disaster supplemental bill that includes significant relief for Nebraska. Our families, ag producers, communities, and military installations affected by the catastrophic flooding need assistance...”

Senator Fischer fought to include the following provisions in the Senate-passed disaster bill that will help Nebraska:

Agriculture

$3,005,442,000 for crop losses
$435 million for the Emergency Watershed Protection Program in the Natural Resources Conservation Services
$558 million for the “Emergency Conservation Program”

Economic Development

$600 million for the Economic Development Assistance Program

Army Corps of Engineers

$1 billion for the Flood Control and Coastal Emergencies account in the Corps of Engineers

Defense

$670 million for the Air Force Operations and Maintenance in support of disaster relief and recovery
$1 billion for Air Force Military Construction
$42 million for National Guard Military Construction

excerpts from, " https://www.fischer.senate.gov/public/index.cfm/2019/5/senate-passes-disaster-bill-with-ne-flood-recovery-assistance "
2

News Item5/24/19 3:07 AM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Farmers are facing a double whammy. Not only the weather, but they need foreign markets to sell their produce to.

Bobby Allyn wrote:
...Agriculture Secretary Sonny Perdue told reporters in a briefing on Thursday.

"While farmers themselves will tell you they'd rather have trade than aid, without the trade that has been possible, they're going to need some support," he said.

Perdue placed the blame for farmers' economic losses on China, rather than on the Trump administration's own hard-line trade tactics.

"Frankly," he said, "all of this would have been moot if China would have acted appropriately and fairly in many of the areas regarding intellectual property theft and nontariff barriers that they have put up for many years."

excerpt from, "White House Announces $16 Billion In Aid To Farmers Hurt By China Trade Dispute"

https://tinyurl.com/y374g7me

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