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Friday, May 31, 2013
Zoetis to File Registration Statement; Comments on Pfizer’s Split-off Plans
US - Zoetis Inc. announced it intends to file a Registration Statement on Form S-4 with the Securities and Exchange Commission (SEC) in connection with the proposed exchange offer announced by Pfizer Inc. As part of the offer, Pfizer shareholders will...
US Agricultural Trade Forecast Down but Still Record
US - US agricultural exports for the current financial year are forecast to be $2.5 billion lower than the forecast issued in February. ...
Thursday, May 30, 2013
CME: Corn, Soybean Plantings Behind Schedule
US - USDA’s weekly "Crop Progress" report indicates that both soybean and corn planting remain well behind schedule and are both roughly at the level of 1993 — NOT a good comparison if one wants large crops, write Steve Meyer and Len Steiner....
Wednesday, May 29, 2013
CME: April Beef, Pork, Poultry Production Up Compared to a Year Ago
US - According to the latest USDA 'Livestock Slaughter' and 'Poultry Slaughter' monthly reports, released on Thursday (23 May), April beef, pork and poultry production was notably higher than a year ago, write Steve Meyer and Len Steiner....
Focus Shifts to Soybean Planting Progress
US - The late start to the 2013 corn planting season has created concerns about the likely magnitude of planted acreage and likely yield potential, writes Darrel Good....
Friday, May 24, 2013
CME: Pork Exports Slumping; Beef, Poultry Exports on Softer Footing
US - The latest cold storage report did little to alleviate market’s concerns about the outlook for meat prices going into the summer months, writes Bruce Cochrane....
Thursday, May 23, 2013
AFBF Welcomes Senate Judiciary Passage of Immigration Reform Bill
US - According to Bob Stallman, President of the American Farm Bureau Federation (AFBF), the Senate Judiciary Committee has passed a balanced immigration reform bill that includes a fair and workable farm labor provision that sets the stage for Senate...
Missouri Licensing Rules Relaxed for Some Egg Sellers
US - The Missouri Department of Agriculture has relaxed licensing requirements for those who sell eggs at farmers markets and roadside stands, writes Linda Geist, Senior Information Specialist at the University of Missouri....
Tuesday, May 21, 2013
Corn, Soybean Prices Continue to Retrace 2012 Drought Rally
US - Corn and soybean prices rallied sharply beginning in July 2012 as US drought conditions unfolded. It was generally expected that prices would follow the pattern experienced in other "short crop" years, with prices peaking near harvest and then returning...
Monday, May 20, 2013
NFU Encouraged by 2013 Farm Bill Momentum
US - National Farmers Union (NFU) President Roger Johnson issued a statement following the US House of Representatives Committee on Agriculture’s passage of the Federal Agriculture Reform and Risk Management Act of 2013 (2013 Farm Bill) by a 36-10 vote....
Poll Shows Strong Support for Country of Origin Labelling
US - Survey results, released by the Consumer Federation of America, show that a large majority of Americans continue to strongly support mandatory country of origin labelling (COOL) for fresh meat. ...
Friday, May 17, 2013
House Ag Committee Approves Farm Bill
US - The House Agriculture Committee has approved the Farm Bill, including significant savings and reforms. ...
NFU, JA Zenchu Statement on Lima Round of TPP Negotiations
US - In advance of the Lima round of negotiations on the Trans-Pacific Partnership (TPP), Roger Johnson, National Farmers Union (NFU) president, and Akira Banzai, president of Japan’s Zenchu, the Central Union of Agricultural Cooperatives (JA Zenchu),...
Wednesday, May 15, 2013
CME: Pork and Poultry Production Will Expand as Beef Declines
US - Pork and poultry production should expand in 2014 while beef supplies will decline further in the coming months and years, write Steve Meyer and Len Steiner....
Monday, May 13, 2013
US Poultry Meat Bodies State Their Case over Exports to EU
US - Three national poultry industry bodies say they are seeking a negotiated outcome concerning proposed the Transatlantic Trade and Investment Partnership (TTIP) agreement that will provide real market access to the European Union for US poultry....
NFU Weighs in on Trade Negotiations
US - National Farmers Union (NFU) President Roger Johnson submitted comments on a possible Transatlantic Trade and Investment Partnership (TTIP) with the European Union and sent a letter to the office of the US Trade Representative in advance of the 17th...
NFU: 2013 Farm Bill Gaining Momentum
US - National Farmers Union (NFU) President Roger Johnson issued a statement regarding the release of the initial draft of the 2013 Farm Bill by the US House of Representatives Committee on Agriculture....
Friday, May 10, 2013
Senate Ag Committee Releases Farm Bill
US - The National Farmers Union (NFU) is encouraged that the initial draft of the farm bill has been circulated to members of the Senate Agriculture Committee in advance of the committee markup next week....
Tuesday, May 07, 2013
Mixed Rate of Corn Consumption, but Does it Matter?
US - Most of the discussion in the corn market has centered on US planting progress, the likely magnitude of planted acreage, and the US average yield potential, writes Darrel Good....
Monday, May 06, 2013
Zoetis Reports First-Quarter 2013 Results
US - Zoetis, formerly the animal health business of Pfizer Inc., has reported its financial results for the first quarter of 2013. ...
Negative Impacts of Ethanol Mandates to House Committee
US - The National Chicken Council (NCC) last week provided detailed comments to the House Committee on Energy and Commerce in response to a white paper the committee issued that asked nine questions for agricultural sector stakeholders specifically addressing...
Wednesday, May 01, 2013
CME: Major Shift in KFC Offering
US - "I think I ate the bones!" KFC is hoping that phrase becomes the "Where’s the beef?" of the 2010s. We’re not sure it is quite as catchy, especially since it isn’t delivered by dear little Clara Pellar, write Steve Meyer and Len Steiner....
Tuesday, April 30, 2013
How Large Does the Corn Crop Need to Be?
US - Based on corn planting intentions of nearly 97.3 million acres (implied harvested acres for grain near 90.2 million) and a trend yield of 161.5 bushels, the 2013 season started with expectations of a record U.S. crop near 14.6 billion bushels, writes...
CME: Notable Reductions Seen in Pork, Beef and Poultry Outputs
US - USDA the National Agricultural Statistics Service (NASS) released its latest estimates of US beef, pork and poultry production for March, write Steve Meyer and Len Steiner....
Monday, April 29, 2013
Coalition Applauds Introduction of Agricultural Worker Bill
US - The Food Manufacturers Immigration Coalition praised the introduction of legislation that would assist in establishing a stable workforce that can help sustain the rural communities where farmers, ranchers and food manufacturers grow and process...
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