READ the NAFB’s National Ag News for Wednesday, November 11th…

Sponsored by the American Farm Bureau Federation

Latest WASDE Report Shows Lower 2020 Corn and Soybean Production

The latest World Ag Supply and Demand Estimates Report shows lower U.S. corn and soybean production in 2020. Corn production is forecast at 14.5 billion bushels, down 215 million from the previous forecasting, and includes a reduction in yield to 175.8 bushels per acre. With supply dropping and usage increasing, corn ending stocks in 2020-2021 will drop 465 million bushels to 1.7 billion, which would be the lowest on-hand since 2013-2014. The season-average corn price is up 40 cents to $4 a bushel. Soybean production is forecast at 4.17 billion bushels, a 98 million bushel drop on lower yields. Because of lower production, soybean ending stocks are projected at 190 million bushels, 100 million lower than last month. That would be the lowest level in the past seven years if the projection is realized. The U.S. season-average soybean price for 2020-2021 is forecast at $10.40 a bushel, up 40 cents from the previous month. The 2020-2021 wheat outlook predicts stable supplies, higher domestic use, unchanged exports, and reduced ending stocks. The projected 2020-2021 ending stocks are reduced by six million bushels, coming in at 877 million, which is 15 percent lower than last year. The season-average farm price for wheat is unchanged at $4.70 a bushel.

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Hoeven Highlights Ag Appropriations Bill as Process Begins

Senate Agriculture Appropriations Subcommittee Chair John Hoeven, a North Dakota Republican, says the Senate version of the fiscal year 2021 Ag appropriations Bill fully funds farm loan programs and supports rural innovation. It will also bolster future agricultural research. Hoeven tells the Hagstrom Report that, “As Chair of the Senate Agriculture Appropriations Subcommittee, we’ve worked to put together a strong agriculture funding bill that provides our farmers and ranchers with the support they need during these challenging times.” Among the many provisions in the bill, the legislation will maintain support for crop insurance and other farm bill programs. It will also increase funding for farm direct, guaranteed, and emergency loans to meet the expected demand. Senate Appropriations Committee Ranking Member Richard Shelby says he was disappointed that Republicans chose to cancel committee markups for the fiscal year 2021 bills and that the bills weren’t considered by the full Senate. “That eliminated the chance for members to offer amendments,” Leahy says. Senate Majority Leader Mitch McConnell says he intends to pass all appropriations bills before December 11, even though the Senate hasn’t passed a single appropriations bill yet.

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Colorado Corn Groups Go Their Separate Ways

The Colorado Corn Administrative Committee made an unexpected announcement that the Colorado Corn Growers Association’s Executive Officer Team has decided to end the partnership between the two organizations. The split is effective immediately. A CCAC news release says they had hopes of renewing the partnership to continue moving Colorado Corn forward together, but the CCGA Executive Officer Team had “different intentions.” The Colorado Corn Administrative Committee was established thirty years ago to manage a one-penny-per-bushel assessment collected by the first handlers of sales of corn in the state. The committee invests the checkoff dollars on things like research, market development, as well as the outreach and education efforts on behalf of the state’s corn producers. The administrative committee says it is “committed to continuing to manage Colorado’s corn checkoff dollars and will continue to invest in the same projects it always has to benefit corn producers across Colorado. We, the CCAC Executive Committee, along with the entire CCAC Board of Directors and staff, will continue to serve all corn producers in the state of Colorado now and in the future.”

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NPB Launches New Tool for Protection Against Foreign Animal Disease Fallout

The National Pork Board launched a new tool called AgView. It’s a brand-new technology solution to help the U.S. pork industry respond faster than ever before possible in the event of a foreign animal disease outbreak. The web-based tool will help producers easily share their farm’s Foreign Animal Disease status updates and pig movement data with state animal health officials. The opt-in, no-fee technology is funded by the Pork Checkoff, and it will allow for contact-tracing of infected animals to help rapidly contain or regionalize a potential foreign animal disease outbreak. While any disease outbreak on even a single farm would be devastating, the potential collective losses are staggering. An Iowa State University study says an outbreak of African Swine Fever would cost the pork industry $50 billion over 10 years. “When pork producers adopt AgView, they are not only helping to protect their farms, but also the entire industry,” says Pork Board CEO Bill Even. “COVID-19 taught us the best way to recover from a significant supply chain disruption, which a foreign animal disease outbreak would be, is through real-time information, collaboration, and a common data set to inform decision making.” For more information, producers can go to www.pork.org/agview.

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McDonald’s Enters the Plant-Based Burger Market

McDonald’s is entering the meatless burger battle. The fast-food giant says it’s developed a new plant-based offering called the McPlant. Tests of the burger will happen in some markets around the world in 2021. It may not be McDonald’s only foray into meatless options, either. “McPlant Is crafted exclusively for McDonald’s, by McDonald’s,” says Ian Borden, International President. “In the future, McPlant could extend across a line of plant-based products, including burgers, chicken substitutes, and breakfast sandwiches.” USA Today says McDonald’s is trailing many of its competitors in launching a plant-based burger in America. Burger King launched the Impossible Whopper using a plant-based patty from food startup company Impossible Foods. Other chains like Carl’s Jr. and Del Taco have also added plant-based menu items. “There are other burgers out there, but the McPlant delivers our iconic taste in a sink-your-teeth-in kind of sandwich,” McDonald’s says in a blog post. “It’s made with a juicy, plant-based patty and served on a warm sesame seed bun with all the classic toppings.” Borden says some markets will test the burger next year. The company didn’t not say whether the vegan-friendly burger will arrive in the U.S., nor give a potential timeline on the possibility.

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Fields-of-Corn Photo Shoot Deadline is Approaching

Time is running out to submit your photos in the Fields-of-Corn Photo Contest. It’s the seventh year the National Corn Growers Association has put on the photo contest, with the upcoming deadline to submit entries on November 30. “We added two new categories this year, which are Livestock and Farm Pets,” says NCGA Graphic Communications Manager Beth Musgrove. “In the past, the contest has received many submissions of livestock, and since the animal ag industry is the largest customer of corn, it made sense to have that as a category.” She says because farm pets are a vital part of every operation, it was important to include them too. The single, most popular photo with the most Facebook “likes” will win a $500 prize. First, second and third-place finishers in each of the eight categories will get $300, $200, and $100, respectively. As in previous years, judges will select a single Grand Prize winner to get the $500 prize. Fields-of-Corn.com was first launched in 2014 to help tell the story of farming field corn in America. Since its start, NCGA has collected more than 2,000 photos across ten categories and awarded more than one hundred cash prizes.

SOURCE: NAFB News Service

By Brian Allmer - The BARN

Brian Allmer & the BARN are members of the National Association of Farm Broadcasting (NAFB), the Colorado FFA Foundation, the Colorado 4H Foundation, the Colorado Farm Show Marketing Committee, 1867 Club Board Member, Denver Ag & Livestock Club Member, the Weld County Fair Board, the Briggsdale FFA Advisory Council, Briggsdale 4H Club Beef Leader & Founder / Coordinator of the Briggsdale Classic Open Jackpot Show.