The weather is seriously stressing many crops this year. Corn, specifically, is also being stressed because of the demand for biofuel (ethanol) and livestock animal feed.
Dr. Thomas E. Elam, FarmEcon LLC, released a presentation and detailed analysis of why the USA Renewable Fuel Standard, in this current weather and economic environment, needs to have flexibility in its application [background via EPA]. Dr. Elam's key point: Ethanol policy has increased and destabilized corn and related commodity prices [detailed analysis paper PDF] [summary slide deck PDF].
Dr. Bob Wisner, Iowa State University, and Joel Newman, President and CEO of American Feed Industry Association, provide some highlights of the report titled "Future Patterns of U.S. Grains, Biofuels, and Livestock and Poultry Feeding". This is a another report that highlights the conflicts of having corn being used as a feed grain and a source of energy (ethanol): "Biofuels: A Major Driver of the Changing Feed Cost Environment" is one of the first executive summary points [audio] [report PDF].
What is it with the Grain Situation?I am NOT opposed to ethanol. I do prefer it aged in oaken barrels or pretty glass bottles! sums up how Dr. Meyers feels about corn used in ethanol. This presentation (with lots of charts for the data included) shares some other thoughts about the markets, grain, and the future of animal feed [video].
The future of retail payments is online and easy to access. Think about the businesses you do business with and get ready. This short presentation features Carleligh Jaques of Visa, Inc., speaking at the Web 2.0 Expo in NY. It comes to you courtesy of the IT Conversations Network.
Audio: Farm Bill Passes Senate Without HSUS-Egg Amendment - Troy Dumler, Economist, Kansas State, discusses the details in the recently passed Senate version of the 2012 U.S. Farm Bill. The HSUS-UEP Egg Bill amendment did not get added to the passed version while direct payments were replaced with additional crop insurance support [audio].
Video: How To Look At The Weather - While this presentation is from the World Pork Expo, the topic and information are just as valuable to you on dairy farms: weather. High temperatures across the USA have been a departure from the 1981 2010 average. The persistent heat from the summer of 2011 had more than 70 days over 100 degrees in some spots across the USA and every state has had temps over 100 degrees. What are the impacts on agriculture going forward? What should we do? Dr.
Kansas State Extension Economist Troy Dumler discusses the details in the recently passed Senate version of the 2012 U.S. Farm Bill. The HSUS-UEP Egg Bill amendment did not get added to the passed version while direct payments were replaced with additional crop insurance support.