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Farmers sticking with Trump, tentative trade deal with Japan and farmers intend to plant more corn, beans next year

Janet Kubat Willette, E-Content Editor

August 30, 2019

2 Min Read
NolanBerg11/flySnow/SteveOehlenschlager/ThinkstockPhotos

Missed some agricultural news this week? Here are seven stories you might have missed.

1. In a Farm Futures poll taken in late July 2019, farmers were asked if they would vote for President Trump if the presidential election was held today. A majority, 66.6% said they would, up from 59.6% last year. More than 1,100 farmers responded to the survey. – Farm Futures

2. The broad outlines of a U.S.-Japan trade deal and assurances from President Trump that he isn’t planning to impose tariffs on Japanese automobiles “at this moment” have met a tepid response in Japan. No details of the planned detail have been released, but the broad outline is a reduction in Japanese agricultural tariffs to the levels agreed in the Trans-Pacific Partnership, a regional trade pact from which Trump withdrew. – Financial Times

3. Farm Futures first survey of 2020 planting intentions shows farmers intend to plant 94.1 million acres of corn, up 4.5% from the 90 million USDA said they planted in its Aug. 12 report. Growers intend to sow 83.6 million acres of soybeans, up 9% from 2019. And growers intend to boosot hard red winter wheat seedings by 1.3% to 23 million acres. – Farm Futures

4. As the trade war with China continues to escalate, farmers are feeling the pain. California almond grower Dale Edson put her land up for sale because she’s unable to make a living. She had been selling her almonds to China. Edson supports the president’s aims to achieve better trade agreements. – USA Today

5. President Donald Trump will announce a plan to boost biofuel demand within weeks, according to Agriculture Secretary Sonny Perdue. Trump is seeking to quell the uproar his 31 small refinery exemptions created. – Reuters

6. University of Wisconsin-Madison dairy economist Bob Cropp predicts Class III milk prices will go higher than predicted by USDA. USDA predicts Class III futures will peak in September at about $17.80 per cwt. and then decline slightly during the fourth quarter to end the year at about $17. – Wisconsin Agriculturalist

7. Global market demand for beef is pushing deforestation in Brazil where farmers clear cutting the forest and burning what’s left to make way for pastures. Nearly 40% of Brazil’s cattle population is located in the Amazon region. – The Washington Post

And your bonus.

Did you know oleomargarine was banned in Wisconsin, leading entrepreneurs to make a run across the border? Which is the birthplace of the ice cream sundae – Two Rivers, Wis., or Ithaca, New York? Do you remember hearing about the milk strikes of 1933? Learn more about Wisconsin’s dairy history. – Milwaukee Journal-Sentinel

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