Manager’s Corner
Lock-and-Dam Act Progresses
"As more of the world’s cargo is transported on these massive ships, we’ve got to make sure that we’ve got bridges high enough and ports that are big enough to hold them and accommodate them so that our businesses can keep selling goods made in America to the rest of the world," Obama noted. "Meanwhile, many of America’s businesses ship their goods across the country by river and by canal, so we’ve got to make sure that those waterways are in tip-top shape."
Central Illinois corn farmer Gary Niemeyer is well aware of the nation’s infrastructure debate.
"The House voted 412-4 to pass WRRDA," Niemeyer tells AgriTalk radio. "The Senate voted 91-7 to pass WRRDA. The president signed it almost immediately. I think we have the political understanding of the importance of this. We as people who are utilizing the system need to get out and make sure that our congressmen and our senators know exactly how important it is to us."
Hong Kong Welcomes More U.S. Beef
By June, 2014 U.S. beef exports to the region hit $492.5 million. |
"This is great news for American ranchers and beef companies," Secretary of Agriculture Tom Vilsack says. "Hong Kong is already the fourth largest market for U.S. beef and beef product exports."
Sales of U.S. beef in Hong Kong, which has 7.1 million people, reached a record $823 million last year. A full 93% of gross domestic product comes from services, with 6.9% from industry and limited agricultural output, the CIA World Factbook says. There aren’t tariffs on imported goods, and excise duties are levied on just four commodities—hard alcohol, tobacco, hydrocarbon oil and methyl alcohol. Hong Kong is part of China but maintains its own rules and regulations on customs and quarantine administration.
Even before the trade announcements, beef exports to Hong Kong had performed well this year.
Monday: U.S. Farm Report Marketing Roundtable wrap-up
Tuesday: National ag weather outlook
Wednesday: Market news and analysis with Market Rally radio
Thursday: Policy news and analysis with AgriTalk radio
Friday: In-depth market reporting from Top Producer editors as well as news outlets such as Bloomberg and The Associated Press
Recommended App:
SoilWeb
Supply Chain Aims
Continuous improvements are sought for corn, soybeans, wheat, cotton, rice and potatoes.
An online calculator allows U.S. crop farmers to confidentially calculate their Fieldprint, a reflection of an operation’s sustainability in land use, water quality and emissions.
HSUS Faces ‘Donor Advisory’ Online
By Alison Rice
According to Charity Navigator’s website, the decision stems from HSUS involvement in a long-running lawsuit with Feld Entertainment, operator of Ringling Brothers and Barnum & Bailey Circus. Animal rights groups including the Fund for Animals, which later merged with HSUS, sued Feld saying the circus abused elephants.
The animal rights groups lost the case this year after a key witness proved to be unreliable. Feld countersued, winning a $15.75 million settlement from HSUS and its co-plaintiffs. Despite statements by HSUS leaders that insurance would cover settlement costs, that did not happen.
As a result, HSUS received the "donor advisory" designation and lost its star rating, which had fallen in recent years because of high overhead and fundraising costs. It disagreed publicly with the decision in a statement on its website, commenting that "charity evaluation is complex work, and in many cases the watchdog groups do not seem to understand the dynamics of social reform or the operations of advocacy organizations working in the nonprofit sector."