In the Press
Ben Brown joins us again for a policy and market update. We talk a little bit about how likely it is for congress to pass a farm bill by the end of the year and how the mid-terms will affect the progress and content. The majority of the episode is focused on predicted planted acres of corn and soybeans for 2019, current corn use and effects it will have on markets and what role South America may play in the markets.
Ohio State Professor of Agricultural Marketing, Trade and Policy Ian Sheldon says the tariffs have created uncertainty, caused a downward spiral of prices and forced China to seek other options.
When people think of potential solutions to global warming, they tend to visualize technologies like solar panels or electric cars. A new study published on Wednesday, however, found that better management of forests, grasslands and soils in the United States could offset as much as 21 percent of the country’s annual greenhouse gas emissions.
Worsening salinity in coastal areas may also become a major driver of migration, warns a report published this month by the International Food Policy Research Institute. It said salt intrusion linked to sea level rise is likely to force 200,000 coastal Bangladesh residents to migrate at some point.
Gov. John Kasich recently fired his director of the Ohio Department of Agriculture over concerns about water quality.
Farmers rattled by the dip in value of their soybean crop likely will see prices for their corn go up next year, one of the few optimistic projections made at a recent conference on future profits in farming.
Continued low commodity prices and uncertainty due to the trade war with China has economists predicting another fall for farm incomes in Ohio.
Chinese buyers can purchase soybeans from U.S. and South American producers for about the same price—even with retaliatory tariffs placed on American beans. So why are U.S. sales lagging behind?
President Donald Trump said he had a productive conversation with Chin's President Xi Jinping on trade, sending markets higher Thursday. However, his promises of a trade resolution may not materialize.
Farmers will likely experience higher inputs costs in 2019, at a time when they are already facing a down farm economy. Barry Ward is the leader of production business management with OSU Extension.