Farmer's Share of Food Dollar and Dairies and Canadian Tariff Rates
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
** Measuring snow, and forecasting how much may be available for future water supply, has taken on increasing importance, and the U.S. Bureau of Reclamation will invest $2.5 million in improving its ability to assess the snowpack.
One project looks at better ways to measure snow in the San Joaquin River watershed. Other research will employ satellite technology and artificial intelligence.
**A decade ago, farmers received 17.6¢ of each $1 spent on food, but today their share is barely above 14¢ while processors, retailers, and others in the food chain take a larger share.
USDA economists tell www.agriculture.com, long term, the farmer’s share of the food dollar has averaged 16.4¢ with a marketing share of 83.6¢.
Ag Secretary Tom Vilsack says now is the time to transform our food system to create a fairer, more transparent system, so more of that dollar ends up in the farmer’s pocket.
www.agriculture.com/news/business/farmers-share-of-food-dollar-is-shrinking
**67 Dairy companies are urging U.S. Trade Representative Katherine Tai to initiate a dispute settlement with Canada over its dairy tariff-rate quotas if ongoing consultations don't result in an immediate resolution.
According to www.dairyherd.com, the talks began in December, but officials say no apparent progress has been made.
They contend Canada is reserving the bulk of quota access to Canadian processors and not providing fair or equitable procedures in administering the TRQ's.
www.dairyherd.com/news/business/dairy-report-us-dairy-companies-continue-push-agreement-canada?mkt
