Ag Chat with Bob Bosold - July 3

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ALTOONA, Wis. (WEAU)- Prevented Planting issues continue to be a major factor for farming decisions this spring because of all the wet weather. But this week the Farm Service Agency announced the reporting deadline for prevented planting acres has been extended until July 15th. But FSA officials are pointing out that that extension only applies to their program and not for any Risk Management Agency crop insurance deadlines. Producers need to report any prevented plant acres so they remain eligible for FSA program benefits.

Also this week the Natural Resources Conservation Service announced that any farmers who had prevented plant acres this spring can still get money from the 2019 Market Facilitation Program if they plant cover crops. Just over $14 billion has been set aside to go to farmers who grow a crop this year and are facing lower prices because of our ongoing trade dispute with China. Those payments will begin going out to farmers later this month with 2 other payments to follow later this year. That money will be important to farmers who are looking at smaller yields this year unless weather conditions get better in a hurry. This week's Crop Progress Report rated the condition of the corn and soybeans as the second lowest on record-better only that the drought year of 2012 for the first of July.

The cost of all the goodies normally used for a summer cookout is about the same across the country. The Farm Bureau Federation's survey found the cost of the 14 most popular food items for that cookout are costing $56.47 in Wisconsin with the national average price about 9 cents less than that. Of those 14 items, 5 have come down in price from a year ago with ketchup prices falling 13%. Over the past 30 years, the farmers' share of the consumer food dollar has shrunk from 30% to 15% or to about $8.24 of that $56.47 spent on this summer's cookouts.

Another agri-business delegation from Wisconsin is heading to South America next week to try to do some business. The Department of Agriculture, Trade and Consumer Protection is leading a group of 5 businesses to Colombia for the 2019 AgroExpo-a show that draws over 175,000 visitors and is one of South America's largest agriculture trade shows. The event runs from July 11th through the 21st .