Fast food giant Burger King launched a new social media campaign Tuesday to announce its plans to reduce methane emissions from cattle used to produce beef for their Whoppers, an effort that left many in production agriculture disappointed.
The Department of Agriculture slightly raised 2020/21 beginning and ending corn stocks in the World Agricultural Supply and Demand Estimates (WASDE) report released Thursday, but traders showed little reaction.
Department of Agriculture officials dropped corn used to produce ethanol by 375 million bushels in this month’s World Agricultural Supply and Demand Estimates report released Thursday, while raising corn, soybean, and wheat ending stocks.
China, continuing to live up to promises made in the “phase one” trade deal, is working with the U.S. to finalize certification for hundreds of U.S. beef processing plants as well as approve a wide variety of beef cuts and beef products in preparation for a resumption in trade.
Corn futures contracts ended the day sharply lower after Department of Agriculture officials raised 2019/2020 corn yield estimates while lowering soybean yield estimates in the World Agricultural Supply and Demand report Thursday.
In an analysis of dairy supply management policy, American Farm Bureau Chief Economist John Newton says industry coordination to manage the dairy supply “could prove beneficial in the short-run, some reflection should be given on the long-run.”