Missed some ag news this week? Here are seven stories to catch you up.
1. Higher average dairy product prices are pushing milk prices higher. The Class III price, which was below $14 for both January and February, was $15.96 in April and will be near $16.35 for May. A Class III price near $17 by June seems possible, said University of Wisconsin-Madison dairy economist Bob Cropp. – Wisconsin Agriculturalist
2. The May Ag Economy Barometer reading of 101 was 14 points lower than a month earlier and was the lowest barometer reading since October 2016. The Ag Economy Barometer is a measure of agricultural producer sentiment based upon a nationwide survey of 400 U.S. agricultural producers. – Farm Futures
3. The House passed a $19 billion disaster-aid plan on June 3, by a 354-58 margin. The Senate passed the bill on May 23. President Trump has said he supports the measure. It includes money for areas hit by hurricanes, flooding and wildfires. – Farm Futures
4. Corteva Agriscience separated from DowDuPont, with the official launch on June 3. American Soybean Association President Davie Stephens joined Corteva Agriscience for the opening bell ceremony on June 3. Farm Progress talked with Rajan Gajaria, executive vice president, business platforms, Corteva Agriscience, to discuss the new company and why its creation makes sense. – Farm Futures
5. It’s been quite a spring for farmers. Excessive rainfall has kept farmers from planting crops, while surging rivers have broken levees and flooded other fields. Barge traffic has been halted by the high waters and President Trump’s trade policy has impacted grain trade. – NPR
6. Agriculture Secretary Sonny Perdue told Bloomberg he is concerned that Mexican tariffs proposed by President Trump may interfere with ratification of the United States-Mexico-Canada Agreement. - Reuters
7. Hemp here, hemp there, hemp everywhere. Here’s a roundup of hemp news this week. It’s now officially legal to grow hemp in Arizona. Regulators in Harrisburg, Penn., have received more than 300 applications to grow industrial hemp in the state. In North Dakota, 33 growers have licenses to grow hemp. The Flandreau Santee Sioux tribe is suing USDA for its slow response time to the tribe’s hemp plans. The plan is supposed to be acted upon in 60 days and the tribe submitted its plan in March. USDA offered information about the manufacture, distribution and sale of hemp and hemp-derived products. – Fox10Phoenix, The Philadelphia Inquirer, Dakota Farmer, KSFY, JDSupra.com
And your bonus.
The Koshkonong Trails School is located on the old Severson farm in rural Cambridge, Wis. The school district has been using the property for field trips and a summer school program, but last fall it opened as a new project-based public charter school. – Madison State-Journal