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to TFB Main Page July 5, 2002 |
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Argentina's financial disaster spill into Brazil? The ag trade benefits from a weakening U.S. dollar were diluted somewhat by an even sharper devaluation of Brazil's real17 percent this year. Most of that weakness hit during June, making Brazil's corn and beans cheaper at their ports. Although Brazilian government authorities are trying to
shore up confidence among their own citizens, the anxiety could attract
multi-national currency trading predators like those who accelerated the
collapse in Argentinaand the currency breakdown a few years ago
in Thailand and other Southeast Asian countries. Milk production drops, producer returns
increase Cash receipts from marketings of milk during 2001 at $24.7
billion, was 20 percent above 2000. Producer returns averaged $15.05 per hundredweight,
21 percent above 2000. Marketings totaled 164 billion pounds, 1 percent below
2000. Emergency grazing okayed in some
Texas counties Generally, to be approved for emergency grazing, a county must have suffered at least 40 percent loss of normal moisture and forage for the preceding four-month qualifying period. USDA will notify eligible counties that have been approved for grazing and will require CRP participants to submit applications with their local Farm Service Agency offices upon approval. Grazing may be authorized until Aug. 31 or until disaster
conditions no longer exist, whichever comes first. CRP annual rental payments
will be reduced 25 percent to account for the areas grazed. At least 25 percent
of the CRP contract acreage must be left ungrazed for wildlife. Other restrictions
and limitations also apply. New farm law details at USDA web
site Farm program details, questions, and answers, program applications and signup forms, as well as other important material from USDA agencies on farm bill implementation, are included on the site. The web site also will contain advanced electronic applications to help applicants receive program benefits faster and more efficiently. The web site can be directly accessed from USDA's official web site at http://www.usda.gov/farmbill or by simply clicking on the 2002 farm bill icon on USDA's main web site at http://www.usda.gov/. Crop, livestock losses
to wildlife extensive Deer were the biggest problem for field crops and vegetables, causing 58 percent of damages and 33 percent of the damages in fruits and nuts. Coyotes were the single largest livestock predator, causing 57 percent of livestock losses. TMDL directives affected by non-agricultural
uses This has important bearing on your Total Maximum Daily Load directives if you live near a big town or city. Golf courses and lawns regularly use heavy doses of pesticides and herbicides, and a lot that goes into your watershed. Lawn clippings make up 21 percent of the materials added
to municipal waste dumps every year. Farm worker numbers, wages
show increase There were 890,000 workers hired directly by farm operators. Agricultural service employees on farms and ranches made up the remaining 189,000 workers. Migrant workers accounted for 8.8 percent of the April hired work force compared with 8.9 percent in April 2001. Farm operators paid their hired workers an average wage rate of $8.83 per hour during the April 2002 survey week, up 52 cents from a year earlier. Field workers received an average of $8.06 per hour, up 45 cents from last April. Livestock workers earned $8.43 per hour compared with $8.01 a year earlier. The field and livestock worker combined wage rate was up 44 cents from last year. Number of hours worked averaged 40.2 hours for hired workers
during the survey week, unchanged from a year ago. Source: NASS, USDA, Farm Labor Land prices, farm income relationship changed USDA is projecting a modest decline in net farm income for
2002 even with enactment of the new farm bill. This doesn't necessarily mean
a decline in farmland values, though. Half of the dollars buying farmland
comes from non-farm sources now. Also, farmers themselves are earning much
more nonfarm income than in 1988. Kentucky farmers switch from stogies to
goats The math looks good, at least for transitional farming. The state will use $110 million of its tobacco lawsuit settlement to help farmers switch from stogies to goats. U.S. goat consumption has quadrupled since 1990. In 2001 the United States imported 12.6 million pounds of goat meat, which is $1 a pound wholesale compared to beef's 70 cents. Kosher meatsboth for Jewish and Islamic marketsmust
be slaughtered according to ritual. |
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