Soy Stockpile to Drop by One-Third – September 13, 2019

Soy stockpile to tumble by one-third by next fall


Three years of bumper crops collided with the Sino-U.S. trade war to create the largest U.S. soybean stockpile ever, a price-depressing 1 billion bushels at the start of this month. But by next Sept. 1, the so-called carry-over will be just two-thirds of its current size, estimated the USDA on Thursday.


The road to China runs through the USMCA, say backers

At a farm group rally on Thursday for approval of the United States-Mexico-Canada Agreement, two senior members of the U.S. House said that action on the USMCA would carry benefits in resolving the Sino-U.S. trade war.


We’ve got pork. China needs it, say hog farmers.

Leaders of the National Pork Producers Council appealed to China to remove its 60 percent tariff on imports of U.S. pork so it can bring down the soaring price of pork for Chinese consumers.


CAFO owner reappointed to Oregon ag board (FERN’s Ag Insider): A coalition of 10 environmental, animal welfare, and farm organizations wrote to Oregon’s governor to protest the reappointment of a CAFO operator to the state’s board of agriculture.


Obama clean-water rule repealed (EPA): Administrator Andrew Wheeler and Army Assistant Secretary R.D. James announced the repeal of the Obama-era Waters of the United States rule, and said it will be followed by a new regulation on the upstream reach of the Clean Water Act.


Paying farmers to bury carbon (Wall Street Journal): A new company, looking to create a financial incentive for climate-friendly actions, wants to pay farmers to sequester carbon through regenerative agriculture practices.


Farm pollution case will go to trial (Des Moines Register): A judge ruled that a case brought by environmentalists challenging Iowa’s management of farm manure and runoff may go to trial; at issue is whether the state has done enough to rid drinking water of farm-related pollutants.


Obesity crisis worsens (Trust for America’s Health): Nine states have adult obesity rates higher than 35 percent, up from seven states in 2017, says a report, calling it “a historic level of obesity.” In 2012, no state had an obesity rate above 35 percent.

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