California Water Use Challange and International Sweetener Symposium
From the Ag Information Network, this is your Agribusiness Update.
**State and federal agencies face a challenge to balance the beneficial uses of water needed by farmers with needs of the Sacramento-San Joaquin Delta ecosystem amid weather challenges.
A new draft environmental impact statement for the Bureau of Reclamation seeks to influence operations for California’s two primary water-delivery systems, which guide pumping of water south to tens of millions of people and to millions of acres of farmland.
Comments are due September 9.
**In a bipartisan show of support for U.S. sugar policy, Representatives Lori Chavez-DeRemer of Oregon, and Rick Larsen and Dan Newhouse of Washington all spoke at the
International Sweetener Symposium in Seattle.
Each noted the importance of agriculture to their region of the country.
Sugar production has a significant impact on the Pacific Northwest’s economy.
In Washington, sugarbeets drive $28 million in yearly economic impact, and in Oregon, $128 million.
**Global trader Cargill has plans to streamline operations after missing internal earnings goals.
Reuters reports agricultural merchants like privately held Cargill are facing challenges as prices of the commodity crops approach four-year lows and crop processing margins fall.
Beginning September 1, Cargill will transform from five enterprises into three: Food, Ag & Trading and a Specialized Portfolio.
Cargill has laid out a plan, but gave no specifics.
www.agrimarketing.com/s/150706
