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Commodity Communicator Weekly

January 10, 2014

NOW THEY NEED A DEFINITION
McDonald’s this week announced it plans to begin purchasing “sustainable beef” by 2016. Eventually the company hopes to purchase beef exclusively from certified sustainable sources, but they acknowledge it could take time, first to define just what sustainability means in different environments and production systems, then to develop verifiable supply chains


DAIRY PROVISION STALLS FARM BILL DISCUSSIONS
Speaker of the House John Boehner said today he was certain a controversial dairy provision that would allow the USDA to help tamp down milk supplies in the U.S. will not be included in the farm bill. “I am confident that the conference report will not include the supply management provisions for the dairy program,” Boehner said in a press conference. The provision Boehner is adamant about keeping out is the Dairy Market Stabilization Program, a program designed to counter overproduction and low prices by allowing the USDA to order lower payments to farmers. The House and Senate farm bills originally contained both Dairy Margin Insurance and a stabilization program, but the stabilization program was cut out of the House bill in a vote last June after Boehner pushed for its elimination.


FARM BUREAU WELCOMES TPA LEGISLATION
The American Farm Bureau Federation today welcomes the introduction of Trade Promotion Authority (TPA) legislation in Congress. Farm Bureau believes TPA is the catalyst needed to advance U.S. proposals to reduce tariffs and improve market access for farmers and ranchers in trade negotiations. The TPA legislation will restore the president’s authority to negotiate trade deals that Congress can pass or reject but cannot amend. Without it, other countries are reluctant to finalize negotiations with the United States for fear that any hard-won trade agreement could be undone through amendments in Congress.


SAVE ON CARPET

Farm Bureau members can save up to 40% on carpet and up to 20% off hard surfaces if you purchase through ProSource Wholesale Floorcoverings.  To receive a discount, call Bill Ross at 1-866-758-0801 ext. 203.

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