The global ag industry’s ability to feed a ballooning population may hinge on whether or not crop varieties created through genome editing and other new plant breeding innovations will fall under domestic and international regulations put in place for GMOs.
Idaho agriculture employs more than 40 percent of all of Idaho’s undocumented immigrants. Idaho’s dairy industry is eager to see immigration reform and “certainty” in U.S. policy, said Idaho Dairymen’s Association Executive Director Bob Naerebout.
Germany is considering ordering its poultry farmers to keep their flocks indoors following an outbreak of bird flu in the country, German Agriculture Minister Christian Schmidt said. Germany and Switzerland reported new outbreaks of a severe strain of bird flu on Saturday, the latest in a series of cases across Europe. The H5N8 virus has also been found in Austria, Hungary, Poland, the Netherlands, Denmark and Croatia. Germany will consult with countries including the Netherlands, Poland and Denmark about possible action, Schmidt said ahead of a meeting in Brussels. If the disease continues to show signs of spreading, Germany may go ahead alone and issue a lock-up order for poultry, Schmidt said.
Trump’s message of economic populism resonated in rural America. Just think about it: commodity prices are low, inputs are high, jobs are leaving, kids aren’t staying home after college, schools are struggling and infrastructure is crumbling. Many of these things, even in the broadest sense, played into Trump’s message of more jobs, lower taxes, and infrastructure investment. Many Democrats, in 20/20 hindsight, have criticized the Clinton campaign for what they categorize as ignoring rural voters during the campaign. But, it was obvious the Clinton campaign focused on places like Pittsburgh, Philadelphia, Milwaukee, and Detroit to carry her to victory. But, those voters didn’t show up for her.
This report highlights the most recent indicators of social and economic conditions in rural areas, focusing on the U.S. rural economy, including employment, population, poverty, and income trends. Unemployment continued to decline in rural areas in 2015, falling close to levels last seen before the Great Recession, as employment continued to grow. After declining for several years, rural population stabilized. Median annual earnings rose in rural areas and poverty fell markedly in 2015, as in urban areas; the rise in earnings occurred across most major industry sectors. Trends in poverty and median household income were similar across county economic types. While employment in recreation is associated with relatively low earnings, recreation counties overall had relatively high levels of household income and low levels of poverty in 2015.
hite House officials conceded Friday that the president’s hard-fought-for Trans-Pacific Partnership (TPP) trade deal would not pass Congress in light of the election of Donald Trump, who campaigned on anti-global trade policies. Desmond O’Rourke, publisher of the World Apple Report, noted that several weeks ago Senate Majority Leader Mitch McConnell told reporters he would not allow debate on the TPP to be raised in the lame duck session. The White House announcement confirms that.
According to the latest survey of agricultural bankers in the Eighth Federal Reserve District, a solid majority reported that farm income declined in the third quarter of 2016 relative to a year ago. Consistent with previous surveys, proportionately more bankers continue to report that falling farm income is pressuring farmers to trim their household expenditures and farming- and ranching-related capital outlays. Given the difficulties in the farm sector, it is perhaps surprising that our survey results showed that quality farmland values were unchanged and ranch or pastureland values were up slightly from a year earlier in the third quarter. Nonetheless, cash rents for both quality farmland and ranch or pastureland declined modestly in the third quarter. Our survey results also revealed that demand for loans in the third quarter was a bit stronger than what was expected three months earlier, while the availability of funds mostly met expectations. Loan repayment rates were slower in the third quarter, but consistent with bankers’ expectations from three months earlier. Our two special questions focused on those farmers who are experiencing loan repayment issues. According to our lender survey, the largest increase in repayment problems is for operating lines of credit. A majority of bankers believe that, in response, unpaid portions of operating lines of credit will require additional collateral to roll over this debt.
If a fruit or vegetable isn’t grown in dirt, can it be organic? That is the question roiling the world of organic farming, and the answer could redefine what it means to farm organically. At issue is whether produce that relies solely on irrigation to deliver nutrients to plants — through what is known as hydroponic and aquaponic systems — can be certified organic. And the National Organic Standards Board, an advisory group that makes recommendations to the federal secretary of agriculture, will get an earful on the topic at its meeting in St. Louis this week. On one side are the growing number of big and small growers raising fruits and vegetables in these soil-free systems. They say their production methods are no different from those of farmers who grow plants in dirt — and, they add, they make organic farming more sustainable by, for instance, reducing water use. “Soil to me as a farmer means a nutrient-rich medium that contains biological processes, and that doesn’t have to be dirt,” said Marianne Cufone, an aquaponic farmer and the executive director of the Recirculating Farms Coalition, which lobbies for aquaculture. Not so, say the farmers who have spent years tending their soil so that it produces the nutrients plants need. They argue that organic production is first and foremost about caring for the soil, which produces environmental benefits that go beyond growing plants.
When a recent gathering of Southern Illinois farmers revealed that 7 out of 10 of them had serious concerns about the viability of their farming operation over the next three years, one might think they were being overly dramatic. But late last week, three of the Federal Reserve Banks that serve the Corn Belt confirmed the seriousness of the financial struggle farmers are having. Federal Reserve Bank economists frequently survey the commercial lenders in their respective districts about the agricultural economy, asking questions about land values and credit conditions with answers uploaded into the Fed’s Open Market Committee which sets interest rates. And whether or not the rate will be raised at the next FOMC meeting as once expected, farmers across the Midwest will have a greater interest burden to bear. In the Chicago Fed region, which includes all of Iowa, and parts of Illinois, Wisconsin, Indiana and Michigan, the bankers reported, “agricultural credit conditions were more negative than those of a year ago. In addition to repayment rates for non-real-estate farm loans being down in the third quarter of 2016 relative to the same quarter last year, loan renewals and extensions were up.”
The number of midsize growers in the U.S. has dropped slightly but the category hasn’t experienced as much change as other farm sizes, according to USDA. Farms in the midsize category, with roughly $350,000 to $1 million in annual revenue, declined in number by 5 percent between 1992 and 2012, according to a recent USDA study. To compare, large farms with more than $1 million in revenue more than doubled in number, while small commercial farms — those with revenues between $10,000 and $350,000 — declined in number by 22 percent. Midsize farms also had smaller net exit rates from the industry than large or small commercial farms between 2007 and 2012, the study found. “They do stick around,” said Chris Burns, an economist for USDA’s Economic Research Service who co-wrote the report, “The Changing Organization and Well-being of Midsize U.S. Farms, 1992-2014.”