Missed some agricultural news this week? Here are seven stories to catch you up.
1. The Market Facilitation Program is meant to offset marketing losses caused by the trade war, but some argue the money goes to those who need it the least. Others disagree, saying the largest farms get the most money because they have the most to lose. – Peoria Public Radio
2. The Ag Economy Barometer fell 29 points to 124 in August, after rising sharply two months before. – Farm Futures
3. It’s virtually impossible for the soybean industry to make up for the loss of the Chinese market it spent 40 years developing. “The reality is, there is only one country on the planet that has 1.4 billion people, that has a growing desire to consume pork [and] poultry” raised on soy-based feed, says Mark Steenhoek, executive director of the Soy Transportation Coalition. – The Christian Science Monitor
4. A lawsuit targets 18 chicken processors including Tyson Foods Inc., Sanderson Farms Inc., Mar-Jac Poultry Inc., Wayne Farms Inc., Perdue Farms Inc. and Pilgrim’s Pride Corp., their subsidiaries and affiliates, as well as Agri Stats and Pennsylvania consultant Webber, Meng, Sahl and Co. Inc., alleging the companies conspired to depress wages for a largely immigrant workforce. – Farm Futures
5. Even Japan was taken off guard by the speed of President Trump’s declaration that the nations had struck a trade pact. - Bloomberg
6. Land prices seem to be firm, and there does not seem to be too much dramatic movement up or down in Nebraska, BigIron Realty reports. There is still demand for land and a good mix of buyers and sellers. – Nebraska Farmer
7. Producers interested in enrolling in the Agriculture Risk Coverage and Price Loss Coverage programs for the 2019 crop year must sign up by March 15, 2020. – American Agriculturalist
And your bonus.
A judge ordered that Anheuser-Busch must not declare on future packaging that its beer contains “no corn syrup.” The ruling marks another victory for MillerCoors in its contention that Anheuser-Busch has tried intentionally to mislead consumers into thinking they are drinking corn syrup when they down a Miller Lite or Coors Light. – Milwaukee Journal Sentinel