Valentine Flower Demand and Continuation of SNAP Benefit Increase

Valentine Flower Demand and Continuation of SNAP Benefit Increase

Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**People may not be able to take their sweethearts on a date as readily this Valentine’s Day, but they can still buy flowers and that’s been a boon for California flower growers.

Demand for flowers has risen prior to Sunday’s holiday, so supply may be constricted.

Some growers went out of business earlier in the pandemic, and air transportation of imported roses has been disrupted.

**The Arctic blast across most of the U.S. put some chill in the cheese trade.

www.dairyherd.com reports, the CME spot trade had cheddar barrels hold unchanged at $1.50 per lb. but Blocks fell 3 ¾ cents to $1.62 ¾, but there was nice volume.

Class III milk struggled to move higher. February fell 13 cents to $15.48, March fell 23 cents, and April fell 36 cents.

www.dairyherd.com/markets/milk-prices/milk-prices-and-temperatures-continue-fall?mkt/

**The House Ag Committee has proposed an extension until Sept. 30 of the temporary 15% increase in SNAP benefits.

According to www.agriculture.com, Chairman David Scott also included a sweeping proposal for the government to pay off USDA loans and USDA-guaranteed loans held by socially disadvantaged farmers.

Scott unveiled the $16.1-billion package, which would become part of a $1.9-billion coronavirus relief bill, ahead of a committee vote scheduled for Wednesday.

The package also has $3.6 billion for food donations to fight hunger and to protect food system workers from COVID-19.

www.agriculture.com/news/business/house-panel-to-vote-on-snap-extension-and-minority-farmer-debt-relief

Previous ReportAlabama CAFO Permits Streamlined and SNAP Increase Continuation
Next ReportRetail Potato Sales Higher and Net Farm Income Forecast Lower