7 ag stories you might have missed this week

7 ag stories you might have missed this week

Dicamba approved, climate change talks underway and corn is king at predicting presidential election outcomes.

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

1. The EPA has registered Xtendimax with Vapor Grip technology, a dicamba formulation, for use on Roundup Ready 2 Xtend soybeans and Bloogard II XtendFlex cotton during the growing season – Farm Futures

2. Kansas Republican Sen. Pat Roberts is likely to remain at the helm of the Senate Agriculture Committee as discussions begin on the next farm bill. The ranking member, Michigan's Democratic Sen. Debbie Stabenow will also likely remain. – Bloomberg BNA

Monthly crop report sends prices spiraling downward, Oklahoma voters reject ag constitutional amendment and what's Trump election mean for ag?

3. The monthly crop report out Wednesday sent prices tumbling as USDA raised its production and yield estimates for corn and soybeans. Corn production is now at a record-setting estimate of 15.23 billion bushels and soybeans are estimated at a record 4.36 billion crop. – Farm Futures

4. Oklahoma voters rejected State Question 777, which would have made farming and ranching a state constitutional right. The final tally was 60% against. The majority of Oklahoma's 77 counties voted to approve the measure, but it failed in the most populated areas. - StateImpact

5. Delegates are gathered in Marrakesh, Morocco, to discuss global climate change. Rising ocean temperatures and melting ice sheets have caused sea levels to rise. The earth experienced its hottest half-decade on record between 2011 and 2015, according to the World Meteorological Organization. – Farm Futures

6. The European Commission has increased the budget for promoting European Union agricultural products. Areas of focus include China, the Middle East, North America, Southeast Asia and Japan. – New Europe

7. A USDA study of midsize farms, defined as those with gross cash farm income between $350,000 and $1 million, found that those farms accounted for about 21% of total production and 6% of U.S. farms in 2014. – Farm Futures

Want to know what a Trump presidency could mean for agriculture? A few articles that may offer clues:

-How will President-elect Trump look at the merger deals in agriculture? Will he differ with agriculture on immigration? He appears to differ with agriculture on trade. – The Wall Street Journal

-Donald Trump has pledged to rollback Obama administration clean air and water initiatives. -Farm Futures

-What will President-elect Trump do for agriculture? He's said he'll be pro-agriculture president and work to reform the nation's regulatory system. He opposes the current Waters of the U.S. rule and says he'll end the estate tax. – Farm Futures

-Veteran food and agriculture lobbyist Michael Torrey is leading President-elect Donald Trump's USDA transition. Myron Ebell, a climate change skeptic, is leading the Environmental Protection Agency transition. - Politico

And just for fun:

The corn market called the election, maintaining its perfect streak since 1960. In years when incumbents or their party's successor won, corn prices fell. When a Republican won a change election, corn prices moved higher. – Farm Futures

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