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Ag outlook forum news, new GMO rules, Trans Pacific Partnership and automated vegetable production.

Janet Kubat Willette, E-Content Editor

February 26, 2016

2 Min Read

Need a quick catch up on the news? Here are a few things you might have missed this week.

1. U.S. farmers are forecast to plant about 2 million more acres of corn in 2016, while soybean acres may be slightly lower and wheat acres are forecast down 3.6 million acres, USDA economist Robert Johansson said during the opening session of the 2016 Agricultural Outlook Forum. – Farm Futures

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2. The Animal and Plant Health Inspection Service is requesting comments through March 7 on potential changes to regulations regarding the importation, interstate movement and environmental release of certain genetically engineered organisms. Several agricultural organizations have asked for an extension on the comment deadline.  –Farm Futures

3. The American Farm Bureau Federation released its economic analysis of the Trans-Pacific Partnership on Feb. 23. The analysis finds agriculture gets a significant economic boost from the trade agreement. – Farm Futures

4. Farm income has dropped 55% since 2013, but farmland values haven’t followed. Rental rates, too, have been slow to adjust to decreases in crop prices. – Farm Futures

5. Wheat stocks are at a 29-year high, according to information released at the 2016 Agricultural Outlook Forum. Ending stocks for the 2016 corn crop are at a 12-year high. – Farm Futures

6. Mars Inc. joined Nestle, General Mills, Kraft and Kellogg’s in starting to phase out the use of artificial food dyes. Parents are concerned about health impacts of the artificial dyes. – Mother Jones

7. A Japanese company, Spread, has announced plans to open the world’s first fully automated vegetable production facility in 2017 in Japan. Humans will plant the seeds and robots take it from there. – Cosmos

And your bonus:

Agriculture Secretary Tom Vilsack doesn’t have plans to stick around for the next administration, but he’s learned to never say never. – Farm Futures

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