7 ag stories you might have missed

7 ag stories you might have missed

Lack of farm income growth has bankers preparing for tough talks with clients, AFBF announces cost of Thanksgiving feast based on results from volunteer shoppers.

Need a quick catch up on the news? Here are seven agricultural stories you might have missed this week.

1. The level of debt to income is the highest in three decades in farm country and growers are increasingly unable to meet loan obligations. A global surplus has sent farm income into the longest slum since 1977. – Farm Futures

2. Agricultural bankers are bracing for tough talks with farmers as financial conditions continue to deteriorate across agriculture after three years of thin or non-existent margins. – Farm Futures

Sid Miller, Tim Huelskamp said to be in running to be next Secretary of Agriculture.

3. A Monday flight from Seattle to Washington's Reagan National Airport was powered in part by a new renewable fuel made of wood waste salvaged from private lands in Washington, Oregon and Montana. – Farm Futures

4. South Dakota crop and livestock farmer Brad Greenway will serve as the new chairman of the U.S. Farmers and Ranchers Alliance. Greenway represents the National Pork Board on the organization's board of directors. – Farm Futures

5. The average cost of this year's Thanksgiving feast for 10 is $49.87, down 24 cents from last year, according to the American Farm Bureau Federation's 31st annual informal price survey of classic items found on the Thanksgiving menu. – Farm Futures

6. Five farmers from across the United States have been chosen to represent farmers as Faces of Farming and Ranching, a program of the U.S. Farmers and Ranchers Alliance. The five, one man and four women, will reach out to consumers in a number of ways, including media interviews, public appearances, blog posts and active involvement in the USFRA social media effort.  – Farm Futures

7. As part of its plans to merge with Dow and then separate into separate entities, DuPont announced it will stop contributing to the pension plans of active employees. The company will also eliminate all retirement health benefits when the pension contribution ends in about two years. – USA Today

For your bonus, here's a sampling of agricultural political news.

-Texas Agriculture Commissioner Sid Miller is reportedly a candidate for Secretary of Agriculture in a Trump administration. - The Washington Post

-President-Elect Trump's tough talk about China's trade policies has raised the possibility of a backlash to U.S. agriculture. – CNBC

-Agricultural leaders gathered in Chicago for a Food Tank event express uncertainty over what Trump presidency means for agriculture. – Chicago Tribune

-U.S. Rep. Tim Huelskamp says he's been approached about serving as U.S. Secretary of Agriculture in a Trump administration. – The Topeka Capital-Journal

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