Need a quick catch up on the news? Here are seven agricultural stories you might have missed this week.
1. Bunge’s CEO said Wednesday that China has stopped buying U.S. soybeans, instead sourcing soybeans from Canada and Brazil. – Bloomberg
2. Two University of Tennessee Institute of Agriculture economists say the implications for U.S. soybean growers would be “profound” if China follows through on retaliatory tariffs on U.S. soybeans. – Delta Farm Press
3. The 2017 application season gave farmers and applicators a crash course on herbicide injury and insurance coverage. Farmers and applicators should be prepared for twice as many Xtend soybean acres in 2018. Four things to consider as you build your dicamba-related crop plans for 2018. In 2017, the Nebraska Department of Agriculture received 90 claims of dicamba injury in non-dicamba soybeans, and Nebraska Extension educators compiled a total of 348 claims from across the state, representing around 50,000 acres of non-dicamba soybeans injured by dicamba. – Prairie Farmer, Nebraska Farmer
4. The Purdue/CME Group Ag Economy Barometer fell 10 points to 125 in April. This is the lowest reading since March 2017. – Farm Futures
5. The public may comment though July 3, 2018, on the proposed rule to establish the National Bioengineered Food Disclosure Standard mandated by Congress in 2016. – Farm Futures
6. White House adviser Sam Clovis is leaving USDA to return to Iowa. - Politico
7. Minnesota’s proposed Groundwater Protection Rule will be published in the State Register on April 30. The proposed rule would regulate the use of nitrogen fertilizer in areas of the state where soils are prone to leaching and where drinking water supplies are threatened. – The Farmer
And your bonus.
It’s #WorldTradeMonth. Did you know In 2017, U.S. exports of food and farm products totaled $138.4 billion, up from $134.7 billion in 2016? Or that farm exports supported more than 1.1 million American jobs across the entire economy in 2017? – Farm Futures