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Tuesday, December 01, 2015

Why is Congress Targeting Crop Insurance? | Agweb.com

Why is Congress Targeting Crop Insurance? | Agweb.com: Thanks to the 2014 farm bill, crop insurance has become an even more important risk management tool for farmers. So why is Congress going after this program again?

Here’s what Paul Neiffer, who writes The Farm CPA blog, says.

“Let’s go back to 2012,” says Neiffer. “It’s a classic example,” with the spring discovery price in the $4 range. Then came the drought. “Suddenly (the price) is up to $6, so the farmers—according to Congress, or some people in Congress—are being compensated for that extra $2 not due to a weather disaster, but due to a market premium,” he says.

No surprise: 2015 U.S. farm income forecast lower | Cattle Network

No surprise: 2015 U.S. farm income forecast lower | Cattle Network: Both net cash and net farm income are forecast to decline for the second consecutive year after reaching recent highs in 2013. Net cash income is expected to fall by 27.7% in 2015, while the forecast 38.2% drop in net farm income would be the largest single-year decline since 1983 (in both nominal and inflation-adjusted

Proposed Syracuse charter school would educate refugees, focus on agriculture | syracuse.com

Proposed Syracuse charter school would educate refugees, focus on agriculture | syracuse.com: A former teacher and education lawyer is eying Syracuse as the home for an agriculture-focused charter high school for refugees.

Ellen Eagen, of the newly-formed non-profit Sustainable Sciences and Technology Foundation, plans to begin the process of opening a charter school in Syracuse in December.


OnTECH Charter High School would primarily serve refugees and focus on career technical education in agriculture and related fields

Eagen has lofty goals for the school, including tackling unemployment, undereducated refugees and the high dropout rate in Syracuse. She's hoping those goals propel her through the state's application process.

If all goes smoothly, OnTECH would open in 2017 to a class of ninth-graders. The school would accept about 100 students the first year and grow a class each year until up to 350 students were enrolled.

Video: Oil state of Texas high on ethanol jobs, consumption: NCGA official | Corn content from Delta Farm Press

Video: Oil state of Texas high on ethanol jobs, consumption: NCGA official | Corn content from Delta Farm Press: Texas has long been associated with the oil industry, but could that someday change to it being known as an ethanol state? The National Corn Growers Association’s Wesley Spurlock, a corn producer from Stratford, Texas, says Texas is now second or third in the nation in the number of jobs and consumption generated by ethanol. He and other NCGA representatives were on hand at Sunbelt Expo to answer questions and spread the word about the importance of biofuels.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher supported by the EPA announcement and short covering. Outside market traders have a risk-on attitude as most commodities are posting a higher price at the start of a new month.

Have we already factored in all the bearish news? | Agweb.com

Have we already factored in all the bearish news? | Agweb.com: We have reached the final day for the month of November and as reflected in rather stagnant action overnight, we have little fresh information to provide direction and the trade appears fully on the way to shifting into holiday gear.� With the exception of nearby wheat contracts and soymeal, the rest of the grains and soy are trading a just a smidge higher.� We are likely garnering a bit of support from outside markets as we have energies and metals trading higher.� Not helping is the U.S. Dollar, which has begun the week with additional strength and has tested the highs that were posted back in the spring.� Keep in perspective that mark was the highest trade in the dollar since the spring of 2003.�