President Obama Today Signs Free Trade Agreements with South Korea, Colombia, and Panama

On October 21, 2011, in Free Trade Agreements

President Obama signed today free trade agreements with South Korea, Colombia, and Panama that could be worth billions to American exporters and create tens of thousands of jobs.

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“Magnitude of the Decline” in Broiler Production in 2012 Will Depend on a Number of Factors, USDA Reports

On October 21, 2011, in Production

Broiler companies are expected to reduce production in 2012 and the “magnitude of the decline will depend on a number of factors,” according to the “Livestock, Dairy, and Poultry Outlook” report issued this week by USDA’s Economic Research Service (ERS).

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NCC and Other Trade Groups Send Letter to President Supporting Scuse Nomination to USDA

On October 21, 2011, in Government News

The National Chicken Council, along with seven other trade associations, sent a letter to President Obama this week, expressing strong support for the nomination of Michael Scuse to serve as USDA undersecretary for farm and foreign agricultural services.

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New Group Formed to Save Ethanol Subsidy

On October 21, 2011, in Ethanol

With the ethanol tax credit scheduled to sunset on December 31, 2011, a new group has been organized to have Congress reverse its action on the subsidy for blending ethanol with gasoline.

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Chicken Exports in August Increase 55.6 Percent in Value

On October 14, 2011, in Chicken Exports

Chicken exports in August this year were 352,249 metric tons valued at $419.03 million compared with year earlier exports of 256,324 tons valued at $269.29 million, a 37.4-percent increase in quantity and a 55.6-percent increase in value.

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Farmland Prices Soar as well as Farmer Incomes

On October 14, 2011, in Ethanol

U.S. farmland prices are setting records and farmer incomes have been buoyed by biofuels and exports, despite the sputtering economy, easing the pain of the challenging summer weather that included drought, floods, and fires.

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USDA Adds Grain Transportation Data to Weekly Report

On October 14, 2011, in Feed Grain Market

USDA’s Agricultural Marketing Service (AMS) is releasing underpinning analytical data supporting its “Grain Transportation Report,” published weekly, which details prices, tonnage, and rates for rail, barge, truck and ocean transportation of grain.

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