Daily Harvest -- 11/8/2013
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FARM & RURAL POLICY
Agri-Pulse: Will sequestration slice tobacco, other farm program payments?
- (Subscriber only) Tobacco quota owners and growers are increasingly worried that USDA might trim their 2014 payments by more than seven percent as part of sequestration - undercutting the financial stability of thousands of farmers and their lenders.
Agri-Pulse: Farm organizations still optimistic about farm bill passage this year
- (Audio) After nearly three years of urging Congress to “pass a farm bill now,” agricultural interests are beginning to feel some optimism that it might finally happen, according to American Farm Bureau Federation Policy Director Dale Moore.
Agri-Pulse: APHIS takes action on several biotech varieties
- USDA's Animal and Plant Health Inspection Service (APHIS) today published two biotechnology regulatory actions for a Monsanto soybean variety and a BASF herbicide-resistant soybean.
Agri-Pulse: Cellulosic ethanol companies concerned about lowering RFS requirements
- (Audio) Executives with two companies close to commercializing cellulosic ethanol say lowering the Renewable Fuels Standard (RFS) will lower America’s standing as an alternative energy leader.
New York Times: Cut in Food Stamps Forces Hard Choices on Poor
- For millions of poor Americans who rely on food stamps, reductions that began this month present awful choices. One gallon of milk for the kids instead of two. No fresh broccoli for dinner or snacks to take to school. Weeks of grits and margarine for breakfast.
Associated Press: Farm Bill Could Hide Farm Locations From Public
- Parts of the nation's $500 billion farm bill that Congress is considering would prohibit the government from disclosing some information about farmers or their employees, possibly preventing people from learning about nearby agricultural and large-scale livestock operations blamed for polluting water or soil.
FOOD & NUTRITION
Agri-Pulse: FAO expects more balanced food markets, less price volatility
- Food commodity markets are becoming more balanced and less price volatile than in recent years thanks to improved supplies and a recovery in global inventories of cereals, according to FAO's Food Outlook report published today.
Agri-Pulse: FDA takes steps to eliminate trans fats in processed foods
- The U.S. Food and Drug Administration (FDA) announced its preliminary determination that partially hydrogenated oils (PHOs), the primary dietary source of artificial trans fat in processed foods, are not “generally recognized as safe” for use in food.
Washington Post: Trans fats to be phased out, FDA says
- Artificial trans fats, a key ingredient in everything from pastries to pizzas to microwave popcorn for generations, will be banished from America’s food supply under a new federal proposal because of their risk to public health.
TRADE & INTERNATIONAL
Financial Times: Tate & Lyle profits hit by cold US spring
- A cold spring in the US hit first-half profits at Tate & Lyle, but the British sweetener-maker said it was on track to meet expectations of a sharp improvement in the second half. The company is shifting its business from volatile bulk commodities, such as sugar, into the more profitable speciality ingredients business, which includes sweeteners and starches.
Financial Times: Rice mountain set to grow even higher
- The world’s rice mountain is set to rise to a record for the 10th consecutive year as government support schemes for rice farmers have led to ballooning state reserves in Thailand and China, according to the UN Food and Agricultural Organization.
Reuters: Surging ethanol credits bring little joy to Wall Street
- The biggest commodity traders in the financial world have either steered clear of the opaque market for the credits or ended up on the wrong side of a rally that saw prices surge as much as 2,900 percent in recent months, according to other market participants and bank officials.
Wall Street Journal: Could China's Farmers Become Landowners?
- Land reform is expected to form a core part of debates at a crucial meeting of the Communist Party's Central Committee, which starts Saturday.
FARM LABOR & IMMIGRATION
Politico: Poll indicates support for immigration reform
- The results from the survey, sponsored by a trio of GOP-friendly groups and provided to POLITICO in advance, indicate that voters will be warmer toward politicians who favor immigration reform, an effort that faces an uphill battle in the Republican-led House.
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