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MORNING Midwest Digest, May 19, 2020
Max Armstrong talks about J.C. Penney stores, planting progress, crops under water, an attack blamed on coronavirus and old high school mascots. About one-fourth of J.C.Penney stores will close....
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World is swimming in wheat
Global wheat stockpiles are expected to hit a record this year and climb even higher in 2021. By Anatoly Medetsky and Megan DurisinDespite scenes of panic buying at grocery stores and worries about...
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Biologicals market still experiencing growing pains
Don’t over-promise and under-deliver on efficacy. In many ways, biologicals are seen as the wunderkind of 21st century agriculture: They are viewed as cutting edge, friendlier to the environment than...
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Farm aid to flow after Memorial Day
Updated: President Trump to announce payment rules this morning at White House. By Mike Dorning and Teaganne FinnPresident Donald Trump is set to unveil rules Tuesday for a $19 billion coronavirus...
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Slaughter rate improving, but still too slow
Beef retail prices soar while grocery store sales on beef decline. Slaughter numbers for cattle and pork improved last week, but remain well behind more normal levels seen this time last year.USDA’s...
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Farmers: COVID-19 aid signup begins May 26
Producers will receive 80% of their maximum payment upon application approval. Beginning May 26, agricultural producers may begin applying for government assistance at USDA's Farm Service Agency...
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MIDDAY Midwest Digest, May 19, 2020
Max Armstrong talks about retail sales, cheese and meat trademarks, opening of Michigan and the passing of Annie Glenn. Retailers that have stayed open have done just fine, sort of, as sales are up,...
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USDA officials offer details on COVID-19 aid program
CFAP aid to cover 80% of price losses that occurred from mid-January until mid-April across many commodities. Just two months after passage by Congress, the U.S. Department of Agriculture detailed...
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Farm Progress America, May 20, 2020
Max Armstrong looks at some new market moves by China as it plans for a future with coronavirus Max Armstrong shares that he's becoming more focused on product labels, and a lot comes from China. He...
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FMH offers Dairy Revenue Protection
Dairy is new commodity for Farmers Mutual Hail Insurance Company of Iowa. Farmers Mutual Hail Insurance Company of Iowa will be offering the federal crop insurance product Dairy Revenue Protection...
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Company is rethinking post-patent market
Now in its fifth year, Atticus continues on its growth path to serve U.S. crops with the right product mix. Post-patent crop protection products, sometimes called generics, have been available to...
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Report shows strong tractor demand
Buyers are looking for well-maintained equipment with good tires. Demand was strong for tractors, combines and sprayers throughout the spring period, according to a report from Steffes Group. During...
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MORNING Midwest Digest, May 20, 2020
Max Armstrong talks about Michigan flooding, COVID-19 aid package, DMV lines, lost revenue and more. Michigan is dealing with major flooding. The signup for COVID-19 aid starts after Memorial...
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4 critiques of Trump COVID-19 farm aid
National Sustainable Agriculture Coalition says the $16 billion in direct payments favors larger producers with simplest production systems. On May 19, the Trump administration announced farmers can...
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Trump says U.S. should halt cattle imports
National Cattlemen’s Beef Association said Brazilian beef is the real threat; while R-CALF applauds Trump's statement. By Jordan Fabian, Michael Hirtzer and Mike DorningPresident Donald Trump raised...
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Draft plan boosts biofuel quotas
Under proposal, advanced biofuels quota rises to 5.17 billion gallons in 2021, up from 5.09 billion gallons this year. By Jennifer A. DlouhyThe Environmental Protection Agency has drafted a plan to...
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MIDDAY Midwest Digest, May 20, 2020
Max Armstrong talks about Michigan flooding, meat products crossing state lines, Wisconsin voting problems and birth rates. Flooding in Michigan has caused evacuations not only of homes, but...
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DMC triggered for March 2020
Current projections indicate that a DMC payment is likely to trigger every month for the remainder of 2020. The March 2020 income over feed cost margin was $9.15 per hundredweight (cwt.), triggering...
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Report: 11 million acres lost, fragmented from 2001-16
American Farmland Trust report shows how much agricultural land has been converted to other uses. A new American Farmland Trust report, “Farms Under Threat: The State of the States,” finds that...
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New online dashboard estimates risk
Purdue/Microsoft collaboration calculates agricultural product supply risk due to COVID-19 worker illnesses. The Purdue Food and Agricultural Vulnerability Index online dashboard was created by the...
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