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Dec 6, 2009 4:00am EST
poultryproduct exports. >>> while the usda is still awaiting details from china on the conditions for the resumption of imports of u.s. pork, ag secretary tom vilsack says he is hopeful u.s. pork exports to china could resume in the very near term. china announced this week it isofficially lifted restrictions on iment po -- imports of u.s., canadian and mexican pork. china instituted the ban as mart of the h1n1 outbreak. despite lifting the ban, details on how and when shipments could resume are not known. few market analysts expect volume of shipments will come anywhere near the hefty buys of pork that china made leading up to the olympic games. >>> because of the unprecedented harvest delays, the ag department says it will extend its weekly crop progress by at least one more week this year. the usda says that will help them get more complete results for their report. meanwhile, this week's report shows corn harvest at 79% complete. the five-year average is 97%. the soybean harvest is all but wrapped up sitting at 96%. that's it for the headlines. it's time now to join john for crop
Nov 29, 2009 4:00am EST
exporter isn't in the market at all, argentina, and china is building reserves, you have the potential to still seek some better prices at this time. so, you know, china is not happy with us and neither is brazil with the dollar going down because we're so competitive against china and also for brazil for their pricing of their beans. but in the meantime i think that we're gonna see some chances for much better prices in corn, you're gonna have an acreage fight this year, this last year you didn't because the ethanol industry was suffering but that's back on track so as screws stands it holds its ground here and one way to kind of keep an eye on these commodities is the balance particular dry states. we have hit 6-month highs and we're not superfar from where we were in '08. >> i see you nodding. >> quite a bit i agree with but the u.s. is starting to come under a lot of pressure to do something about the value of the dollar. >> at the g20 where the dollar isn't the standard any longer. >> yeah. >> a lot of that pressure is coming out of europe and it's because of china's peg
Jul 19, 2009 4:00am EDT
. what kind of an impact do we see countries like russia and china? are they going to be able to get us out of our economic malaise? >> go ahead. >> russia is a developing country. the only time they came up is when oil prices went sky high. they can't help at all. china and india and brazil will be the countries of the future in their economic power house. they will eventually, 20, 25 years from now, they will -- they will lead the world economy. short term, it's still this country leading the world. >> right. >> we initially had the question on the currency. while some companies are looking for another currency other than the dollar to rule financial transactions, most people tell me that they see not another competitor, another choice. and i think more and more you're going to see the euro and perhaps a type of -- basket currency come along. >> bottom line here, guys, no inflation, still deflation, low interest rates. that's it from the leading edge conference in des moines, iowa. we'll be back with more u.s. farm report in a moment. >> welcome back to the u.s. farm report. the dr
Sep 27, 2009 4:00am EDT
is a different situation. china already has 370 million of corn contract they did business with us. they wanted most of that between now and march because they can't get those beans out of south america. so you will see the trade trying to get you to sell the cash beans and when i say trying to, that means either the board is up or the basis has to be push because the pressure is trying to keep it from going to the gulf or the bmw. but with all of that export business it has got to move. so to me that's as you sell the beans maybe three or four months rights off the combine in some cases corn is probably a better long-term hold from a basis stand point. >> just are you saying that soy beans will go down in the future? i will ask bob that question again in a minute. >> if you can entice the south americans to plant and they get it planted and all comes up you will want it to be all sold or most of next year sold because they are going to flood the market starting in march. >> what do you think? >> i think allan is essentially correct. it is a market where you have to be timed right.
Nov 1, 2009 4:00am EST
right up. >>> "u.s. farm report" is >>> today, on "u.s. farm report" ... trainer droops china droops its ban on u.s. pork as diplomatic efforts work. and we'll all be yawning at 9:00 p.m. as it's time to fall back. >> "u.s. farm report," brought to you by chevy and their award- winning cars, trucks, and cross- overs. good morning d welcome to u-s farm >>> good morning and welcome to "u.s. farm report." i'm john phipps. >>> states that allow issues by citizens to be placed directly on the ballot have drawn the attention of interest groups who are frustrated by government inaction. encouraged by the myriad and sweeping changes enacted in california by this method many of the 28 states are seeing much more interest in such reference data. many of us will be watching the outcome in ohio of such a measure although there it's a full blown constitutional amendment. they tend to create waves that spread. direct democracy can be a good balance to government by elected officials but it can also introduce a real wildcard into the deck. let's get started with the news and al pell. >>> thanks joh
Search Results 0 to 4 of about 5