Daily Harvest -- 12/11/2013
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FARM & RURAL POLICY
Agri-Pulse: No long-term farm bill this year, House may take up extension
- (Subscriber only) Top farm bill conferees announced today that they are unable to complete a long-term bill by the end of the year because of a lack of agreement on a “magnitude” of issues and due to a lack of Congressional Budget Office (CBO) scores.
Washington Post: Reid says Senate will not extend farm law
- Government dairy subsidies that affect the cost of a gallon of milk are set to expire at the end of the year as farm-state lawmakers said Tuesday that they do not expect to have a new farm bill — or an extension of current law — before Jan 1.
The Hill: Lawmakers blame weather, punt farm bill
- The leaders of the Agriculture committees said they would shoot for a House-Senate farm bill conference meeting in early January and floor votes after that. They blamed bad weather in Washington for delaying budget scores that could have made a deal possible this week.
New York Times: Political Fight on Farm Aid and Food Stamps Hits Home in the Delta
- Humphreys has one of the greatest disparities between the poor, who face food stamp cuts under proposals in the new farm bill, and farmers, who stand to gain more in subsidies.
Wall Street Journal: Agriculture Groups Fight Farm Bill's Subsidy Limits
- Intense lobbying by agricultural interests over who should qualify for safety-net payments is also complicating the task of meshing the House and Senate versions to complete a new five-year farm bill, according to people familiar with the negotiations.
TRADE & INTERNATIONAL
Wall Street Journal: Burgers Face a Tough Slog in Africa
- Some of the burger world's biggest names are introducing the American culinary classic to Africa's expanding consumer class. But that quest is straining a supply chain that is short on the refrigerated trucks and warehouses needed to keep patties and vegetable toppings fresh.
New York Times: No Pacific Rim Accord by End-of-Year Target, Trade Negotiators Say
- The United States and 11 other Pacific Rim nations said they would not complete a sweeping deal to reduce trade barriers by their own end-of-year deadline.
Des Moines Register: Tyson adds cattle welfare requirements
- A Tyson leader told Iowa cattle producers they must meet animal welfare requirements next year if they want to supply the giant meat processor.
Bloomberg: U.S. Corn Surplus Estimate Cut on Global Livestock-Feed Demand
- Unsold supplies of U.S. corn before next year’s harvest will be smaller than forecast a month ago and below analysts’ estimates, the government said. Global livestock-feed makers boosted purchases of American grain as prices fell to a three-year low.
CONSERVATION, ENVIRONMENT & WILDLIFE
Los Angeles Times: Farmers in a cold sweat over potential damage to crops and livestock
- As unseasonably cold weather continues to blanket western states, farmers are bracing for potentially painful damage to crops and livestock that could drive up consumer prices.
Agri-Pulse: USDA cuts estimates for U.S. corn, soybean supplies
- Unsold supplies of U.S. corn before the 2014 harvest will total 1.792 billion bushels, down 5 percent from the month-ago estimate, the USDA said today in a monthly report, citing increased ethanol use and a jump in exports.
Bloomberg: U.S. Farmland Prices May Fall in 2014, Economist Says
- U.S. farmland values at a “tipping point” may fall as much as 10 percent in 2014 as commodity prices ease, according to Terry Kastens, agricultural economist emeritus at Kansas State University.
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