Agribusiness Update for Wednesday 12/10/14

Agribusiness Update for Wednesday 12/10/14

This is the Agribusiness Update...I'm Greg Martin...

The United States is one of seven nations that have temporarily suspended Canadian poultry products. The suspensions are the result of an avian influenza outbreak in British Colombia announced last week. The Canadian Food Inspection Agency announced that more than 140,000 chickens and turkeys have been killed so far from the outbreak of a high-pathogen strain of H5N2. The nations banning poultry from Canada so far include China, Japan, Mexico, South Africa, South Korea, Taiwan and the United States.

USDA's Risk Management Agency announced the release of the Whole-Farm Revenue Protection program for the 2015 crop year. The 2014 Farm Bill gave RMA broad flexibility to implement a new whole-farm crop insurance policy. The WFRP combines two popular and well-known plans of insurance in the Pacific Northwest, Adjusted Gross Revenue Pilot and Adjusted Gross Revenue-Lite. Sales closing date for WFRP is March 15, 2015 for the 2015 crop year. Interested producers and current policyholders are encouraged to visit with a crop insurance agent.

That's today's Agribusiness Update from the Ag Information Network of the West.

Previous ReportAgribusiness Update for Tuesday 12/09/14
Next ReportAgribusiness Update for Thursday 12/11/14