February 7, 2020
Missed some ag news this week? Here are seven stories to catch you up.
1. China will halve tariffs on some $75 billion of imports from the U.S. later this month at the same time the U.S. will implement reductions in tariffs on Chinese products. – Farm Futures
2. The Missouri Department of Agriculture is struggling to complete investigations into about 600 complaints that dicamba damaged crops. Some were filed as long as three years ago. – St. Louis Post-Dispatch
3. President Donald Trump is ready to focus on limiting the power of federal regulators such as the Environmental Protection Agency and the Securities and Exchange Commission to go after companies accused of wrongdoing. – Farm Futures
4. Land O'Lakes CEO Beth Ford said the urban-rural technology divide is stifling innovation in rural areas and called for a solution similar to the Rural Electrification Act that powered rural America in the 1930s. – Minneapolis/St. Paul Business Journal
5. The Purdue University/CME Group Ag Economy Barometer rose 17 points from December to January to a reading of 167. The sentiment improvement took place as the Phase One Trade Agreement between the U.S. and China was being discussed and signed in mid- January. – Farm Futures
6. Iowa farmer Fred Zenk built two hog barns housing about 2,400 hogs, but didn't follow state requirements to get construction approval and file a manure disposal plan. But his operation flew under the radar of regulators. Zenk acknowledged breaking the rules and paid a $4,500 fine. – PBS.org
7. A senior adviser to Agriculture Secretary Sonny Perdue is meeting with a range of farm groups on "sustainability, productivity and innovation." There is talk of setting targets for reducing greenhouse gas emissions, with a focus on innovation in technology. – Politico
And your bonus.
Amish Acres of Nappanee, Indiana, was sold by Schrader Real Estate and Auctions on Feb. 5. The historic property garnered a total of $4.255 million. Amish Acres attracted about 150,000 people a year to watch stage shows in the 400-seat Round Barn Theatre, dine in the restaurant, stay in the inn or visit the annual Arts and Crafts Festival. – South Bend Tribune
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