Daily Harvest -- 8/14/2014
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FARM & RURAL POLICY
Agri-Pulse: USDA on schedule for STAX and SCO
- (Subscriber only) USDA's Risk Management Agency (RMA) Administrator Brandon Willis expects information about the Stacked Income Protection Plan (STAX) for cotton producers and the Supplemental Coverage Option (SCO) to be available to producers in time for the 2015 crop year.
Wall Street Journal: Deere's Profit Slides 15% as Farming Slows
- Deere’s third-quarter profit slipped 15%, prompting the company to initiate sales incentives for rising inventories of used tractors and harvesting combines that threaten to undermine the new-machinery market.
Wall Street Journal: Rural TV Channel Circles the Wagons
- Fans of shows like "Classic Tractor Fever" and "All-American Cowgirl Chicks" are flooding regulators in Washington with their concerns about the potential hazards of media consolidation, specifically involving two proposed mergers.
Daily Yonder: The Rural Student Brain Gain
- The common wisdom is that rural America’s “best and brightest” want to leave home. New research shows these students are no more likely to want to leave than their counterparts. And when they do go, they have a stronger desire to return.
KCET: Study Finds Greater Rural Reliance on Food Stamps
- The issue of hunger is often associated with residents of coastal cities where the cost of living tends to be high, but a new study shows some of the greatest need can be found in the San Joaquin Valley, where much of the nation's food supply is grown and raised.
Washington Post: The downsides of cheap corn
- America's entire agricultural sector, as it happens, is having a pretty mediocre 2014 (and equally mediocre feeling about 2015, for that matter). Industry-wide sales are slated to fall by more than 6 percent this year.
Associated Press: Decision could boost use of popular weed killer
- Faced with tougher and more resistant weeds, corn and soybean farmers are anxiously awaiting government decisions on a new version of a popular herbicide — and on genetically modified seeds to grow crops designed to resist it.
Bloomberg: No Room at the Bin for Grain Amid Buffett’s BNSF Rail Jam
- BNSF Railway, owned by Warren Buffett’s Berkshire Hathaway Inc., and Canadian Pacific Railway Ltd. (CP) struggled with “greater-than-normal” demand from shippers of coal, oil and Midwest crops, the U.S. Department of Agriculture said last week in a report.
Reuters: Shaken by polar vortex, U.S. braces for propane supply glitches
- The millions of Americans that use propane to heat their homes, dry crops or keep livestock warm expect another tough winter this year as a fragmented supply network of pipelines, trains and trucks struggles to keep pace with spiking demand.
FOOD & NUTRITION
Wall Street Journal: Bringing Sexy Back: Potatoes Edition
- The world of food and drink is in the middle of a generational shakeup, and products finding themselves on the wrong side of eating trends are having a tough time of it.
Forbes: Las Vegas Is America's Food & Wine Festival Capital
- Las Vegas has a golden rule that has shaped its destiny: if something is good, than more of something is better. First it was conventions. Then it was luxury shopping. Next came celebrity chef restaurants. Now it is food and wine festivals and Sin City can’t add them fast enough.
National Journal: Why Did Russia's Food Ban Spare Peanuts?
- Peanuts, raw or processed, are not included in a recent Russian ban on food imports from countries that have imposed sanctions against it for the Ukraine crisis, according to the American Peanut Council.
TRADE & INTERNATIONAL
Agri-Pulse: USTR visits Midwest as plans for new USDA trade undersecretary are delayed
- (Audio) USDA missed a deadline last week to submit a report to Congress outlining plans for the agency to reorganize and establish a new undersecretary for trade and foreign agricultural affairs.
USA Today: Russians already hurt by Western food import ban
- Russians are already paying a price — literally — for the ban on food imports from Europe and the United States that Russia imposed last week to retaliate for American and European economic sanctions.
Reuters: Exclusive: Islamic State militants grab new weapon - Iraqi wheat
- After seizing five oil fields and Iraq's biggest dam, Sunni militants bent on creating an Islamic empire in the Middle East now control yet another powerful economic weapon – wheat supplies.
WHO TV: Ambassador Talks TPP Progress
- At a stop at the Iowa State Fair to discuss the role of exports in President Obama’s trade agenda, U.S. Trade Representative Michael Froman says progress on the issue won’t happen overnight.
Washington Post: Food import ban means Russia is fully at war with the West
- The ban on Western food has already led to price hikes and runs on supermarkets. Food prices were rising at a disturbingly high rate before the ban, and now they will probably skyrocket; there may also be shortages.
CONSERVATION, ENVIRONMENT & WILDLIFE
Associated Press: Californians to Vote on $7.5 Billion Water Plan
- Driven to action by the state's historic drought, California lawmakers on Wednesday voted to place a $7.5 billion water plan before voters in November.
WKYC: Ohio's Malabar Farm: Where Bogie and Bacall got married
- Malabar Farm, in Lucas, Ohio, just outside of Mansfield, was where she and Humphrey Bogart were married and spent their honeymoon.
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