Agribusiness Update For Thursday 1/31/13

Agribusiness Update For Thursday 1/31/13

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

First it was good news for beef exports to as of February 4th - Russia may impose a temporary ban on some U.S. beef and pork products due to concerns they may contain ractopamine - violating Russia’s import rules. If Russia goes through with this ban - it could jeopardize more than 500-million dollars a year in exports of U.S. beef and pork to Russia.

The Centers for Disease Control and Prevention have released a new study that is pointing a big finger at leafy greens as the leading source of food poisoning. The study also found that while more people may have gotten sick from plants, more died from contaminated poultry. The new report is the most comprehensive CDC has produced on the sources of food poisoning, covering the years 1998 through 2008.

While the drought no longer dominates headlines, it remains a serious concern for farmers. Dry weather conditions persist and, with only light showers and snowfall on the immediate horizon for many, farmers may encounter fields suffering from depleted subsoil moisture when planting begins across the central United States in about 10 weeks.

That’s today’s Agribusiness Update from the Ag Information Network.

Previous ReportAgribusiness Update For Wednesday 1/30/13
Next ReportAgribusiness Update For Friday 2/1/13