Large Corn and Soybean Crops Will Cause Prices to Decrease “Significantly,” USDA Chief Economist Predicts

On February 22, 2013, in Feed Grain Market

Corn and soybeans prices as well as prices for certain other agricultural commodities will decrease “significantly” in 2013 as large corn and soybean harvests this fall refill the supply chain, USDA’s Chief Economist Dr. Joe Glauber predicted this week at USDA’s annual Agricultural Outlook Conference.

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Despite Pending Budget Cuts, USDA Launches New CRP Signup

On February 22, 2013, in Farm Land Issues, Government News

USDA may not have an adequate budget once sequestration becomes effective on March 1, but Secretary of Agriculture Tom Vilsack has apparently found funding to start a new enrollment period for the Conservation Reserve Program (CRP).

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After Initial Rejection, Los Angeles and Long Beach Port Clerical Workers Vote to Ratify Contract

On February 22, 2013, in Labor Issues

After initially rejecting the tentative agreements that ended an eight-day strike that shut down much of the Los Angeles and Long Beach ports, clerical workers voted to ratify the contracts.

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USTR Requests Comments on WTO Action to Open Indonesia Market for Animal Agriculture Products and Horticultural Products

On February 22, 2013, in World Trade Organization News

The Office of the U.S. Trade Representative (USTR) is officially requesting comments regarding its notice of January 10, 2013, that the United States is seeking consultations with the Government of the Republic of Indonesia under the Marrakesh Agreement Establishing the World Trade Organization (WTO Agreement) concerning certain measures imposed by Indonesia on the importation of animals and animal products and horticultural products.

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Buffalo Wild Wings Plans to Add 100 Restaurants This Year to Reach 1,000 Locations

On February 22, 2013, in Fast Food Footnotes

Following its celebration this week of opening its 900th restaurant, Buffalo Wild Wings said the chain expects to open about 100 new locations in 2013.

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Eggs Set, Chicks Placed, Broilers Produced Report

On February 22, 2013, in Eggs Set-Chicks Placed-Slaughter Report

U.S. total broiler slaughter for the week ending February 23 is estimated by USDA-AMS’s Poultry Market News Service to be 154,147,000 broilers, a 3-percent increase from the same week a year earlier.

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