Ag Chat with Bob Bosold -June 23
The State Department got involved with trade talks last week when Secretary of State Mike Pompeo met with his Chinese counterpart and apparently it did some good. After the meeting the 2 sides announced China will pick up the pace in their purchases of U.S. farm products under terms of the Phase 1 trade deal. But they'll have to really get moving. The deal called for the Chinese to buy 36 and a half billion dollars worth of U.S. farm products during the first quarter of this year-but they only bought $4.65 billion during that period.
The Environmental Protection Agency has the Renewable Fuels industry fightin' mad. That's because the EPA has posted 52 new small refinery exemption requests from previous years. Those requests go as far back as 2011 and even include one from this year. The issue has been in the courts since back in 2007.
The corn continues to look good around the country. This week's Crop Progress Report ranks the crop 72% in good to excellent condition with Iowa and Minnesota corn rated 85% good to excellent. Nationally the soybean crop is now 96% planted with the crop rated 72% in good to excellent condition with the crops in both Iowa and Minnesota rated above 80%. The report also shows the winter wheat harvest is moving ahead with 29% of the crop already combined.
In Wisconsin, we rank up there with Iowa and Minnesota regarding quality of the early crop. Our corn is rated 80% good to excellent this week and that's down a couple percentage points from last week. Soybeans are now all in around the state with 93% of the plants emerged. The crop is rated 82% in good to excellent condition this week. Other crops are also looking good with 40% of the oats headed and the crop rated 81% in good to excellent condition. The winter wheat is 74% headed with 75% of the crop rated in good to excellent condition. And the fall potato crop is also looking good with 94% of that crop in good to excellent condition. Farmers are also about done making their first hay crop with 92% of the crop already put up-16 days ahead of last year. First crop was rated 72% good to excellent. Topsoil moisture this week is considered 91% adequate to surplus and 9% short with the direst areas in southeastern parts of the state.