DairyCast Industry

What Are The Economics into 2012?

The Economy, Silly!
Audio via DairyCast.com


Bob Young, American Farm Bureau's chief economist, is seeing food costs going up through their consumer surveys.
Our surveys' would suggest those food prices are up, and up significantly.
However, there are enough of uncertainties in the market places that suggest that food prices will only be a factor but not the driver.

Other activity in agriculture suggests that the sector as a whole is doing well. There still are issues with corn and bean prices remaining high, with impacts to cattle prices. But over all 2012 looks pretty good.

How Will Farms Be Impacted By US EPA Rule?

Spill Prevention, Control, and Countermeasure
The US EPA Spill Prevention, Control and Countermeasure rule was developed because of the Deepwater Horizon oil spill in 2010. This new ruling applies facilities that have a total capacity to contain over 1320 gallons of oil, including gasoline, crop oil, vegetable oil, or animal fat. Fat can be an element for many feed mills, even fat in 55 gallon drums, and many farm operations can have gasoline or diesel fuel in sufficient quantity to apply. Facilities must have a plan in place to prevent the spill entering waterways. The plan does not have to be submitted to the EPA, but must be in place upon inspection.

Antibiotics, What are the Concerns?


The use of antibiotics in animal agriculture fuels discussion based on few facts and much misinformation. Dispel many of those myths as you review these presentations from the National Institute for Animal Agriculture's 2011 Antibiotic Use In Food Animals, held October 26-27, 2011, Chicago, IL, USA.