ALTOONA, Wis. (WEAU) -- It's June Dairy Month! That means dozens of dairy events will take place across the state. Bob Bosold with Mid-West Family Broadcasting sat down with Tyler Mickelson to discuss the upcoming Breakfast in the Valley and the latest in Ag News. Details to both can be found below.
22nd Annual Breakfast in the Valley:
Friday, June 8, 2018
Scrambled eggs with ham, cheese, mushrooms and onions, muffins, cheese, cheese curds, bananas, milk, orange juice, coffee and the traditional June Dairy Breakfast treat of corn flakes with Culver's custard and strawberries will be served from 5 a.m. until 10 a.m. at the Eau Claire County Exposition Center.
The official May Class 3 milk price came out on Friday at $15.18 a hundred, up 71 cents from April, but 39 cents lower than the May price. For the first 5 months of the year the Class 3 has averaged $14.25 a hundred. For 2017, the Class 3 price averaged $16.17.
Friday was the deadline for dairy farmers to sign up for what officials said was the new and improved Margin Protection Program-or was it. At the last minute, a bipartisan group of senators asked Agriculture Secretary Sonny Perdue to extend the deadline saying farmers need more time to evaluate the program and because they are busy in the fields planting their corn and soybeans and harvesting the first hay crop. The senators are asking for a 30 day extension.
Tensions are running high in the effort to renegotiate the North American Free Trade Agreement. Last Tuesday vice-president Mike Pence issued an ultimatum to Canadian Prime Minister Justin Trudeau, saying any new deal would need to be renewed every 5 years. And President Trump went ahead with import tariffs against Canadian and Mexican steel and aluminum. He also tweeted that Canada was highly restrictive on trade and has treated American farmers very poorly for a long time. Those U.S. actions came after Canada retaliated against us with over $16 billion in new trade restrictions-the biggest trade reaction Canada has used since the end of World War 2.
U.S.-China trade relations is also a story to watch. After offering last month to buy more goods and services from the United States to close the trade gap between the 2 countries, things have changed. Last week, President Trump called for tariffs on $50 billion worth of Chinese imports unless the Chinese were willing to address the issue of theft of American intellectual property. Unfortunately, products like soybeans hang in the balance since soybeans are our top agricultural export to China-worth about $12 billion last year.
And apparently the Trans Pacific Partnership Free Trade Agreement isn't completely out of the picture as far as the Trump Administration is concerned. Last week Agriculture Secretary Sonny Perdue said the deal could return as an option. Perdue told a Kansas audience that he predicts it's "only a matter of time" before the president takes another look at TPP. Perdue said he thinks it could be used as a very effective trading tool in our dealings with China. Perdue also told his audience, "I just want to sell stuff."
There could be some action on the new farm bill in the Senate this week. Agriculture Committee chair, Senator Pat Roberts of Kansas, says he wants to introduce the bill on Wednesday, pass it in committee and take it to the Senate floor by next week. Roberts said the Senate bill will fix the Agriculture Risk Coverage program "to some degree" and pledged that no commodity will be hurt by the Senate bill. He also indicated there will be no work requirement provision like in the House bill for the food stamp program.