November 15, 2019
Missed some ag news this week? Here are 7 ag stories you might have missed.
1. Milk processor Dean Foods filed for Chapter 11 bankruptcy and is in advanced talks with Dairy Farmers of America bout a potential sale. – Bloomberg
2. Brazil's Agriculture Minister is criticizing a 2008 commitment from the country's grain traders not to buy soybeans from land cleared in the Amazon rainforest. Farming group Aprosoja Brasil, which has the support of President Jair Bolsonaro, is lobbying to end the deal. – Reuters
3. Farmers impacted by wet weather are being given more flexibility to pay 2019 crop insurance premiums. Farmers with a premium billing date of Aug. 15 are being given until the end of January to pay the premiums without accuring interest. – Bismarck Tribune
4. The U.S. and China trade negotiations appear to have hit a snag as the U.S. is trying to secure stronger concessions from China on intellectual property protections in exchange for rolling back some of the tariffs. – CNBC
5. The 2019 Agricultural Lender Survey, conducted jointly by ABA and Farmer Mac, found liquidity is a top concern among ag lenders heading into 2020. Farm incomes, total leverage, trade uncertainty and weather are other concerns. – Farm Futures
6. Wisconsin Gov. Tony Evers has rehired his former agriculture secretary less than a week after Senate Republicans voted to fire him. Brad Pfaff has been hired as the state Department of Administration's director of business and rural development. The Republican vote to oust Pfaff marked the first time in decades the Senate ousted a cabinet secretary. Evers' called the move "absolute bullshit." – Milwaukee Journal Sentinel
7. Iowa's trade mission to Japan has generated optimism for opportunities to expand markets for Iowa's agricultural producers. The trade mission has been aided by a recent U.S.-Japan trade agreement. – Kenosha News
And your bonus.
What Thanksgiving dishes are you thinking about? An Instacart survey conducted with The Harris Poll found that Americans dislike canned cranberry sauce and green bean casserole but eat them because it's tradition. - WKMG
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