What's new at National Hog Farmer?
- Oregon
Passes Gestation Stall Ban
- Building
Biosecurity Boundaries
- Timing
is Critical with Oral Vaccination
- Read the full
June issue
NationalHogFarmer.com
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Market Preview
Hog, Grain
Markets Begin to Settle In
The reaction of Chicago Mercantile Exchange (CME) Lean
Hogs futures prices to last week's USDA Hogs & Pigs Report was a bit
more negative than I had expected, but the downward price move didn't
last long as prices found support in Thursday's trading. The weakness
in cash hogs was one reason futures were lower as Tuesday's national
negotiated net price ($72.37/cwt. carcass) was $6 lower than just one
week before.
Click here to read more of this week's Market Preview by Steve Meyer
Hermitage NGT
Supported by a team of specialists in genetics, reproductive physiology,
nutrition, veterinary, pig production management and A.I., Hermitage NGT
offers their North American clients:
- Breeding Stock (GGP/GP/Parent stock)
- Semen-fresh & frozen
- Closed herd breeding programs
- Genetic monitoring through the Hermitage BLUP recording system
www.hermitagengt.com
Production Preview
To Cull or Not to
Cull?
That is the question facing every sow unit. Some
culling decisions are straightforward. Animals that have health
problems or lameness issues need to be removed from a herd out of
concerns for their welfare. But, what about those less-than-stellar
performers -- who should stay and who should go?
Click here to read more of this week's Production Preview by
Stephanie Rutten-Ramos, DVM
Make ileitis disappear?
Denagard® (tiamulin) 10 is approved to control ileitis in as little
as 10 days. And with its small dosage -- 35 grams tiamulin/ton -- and
less medication time, no other feed medication is as cost-effective for
controlling ileitis.

Click
on the Denagard logo to learn more.
Legislative Preview
Largest Corn
Crop in 63 Years
USDA announced that U.S. farmers planted 92.9 million
acres of corn in 2007. This exceeds last year's planted acreage by 19%
and is the highest since 1944, when farmers planted 95.5 million acres.
Illinois, Indiana, Minnesota and North Dakota set state records for
acres planted to corn. The corn acres offset fewer acres planted to
soybeans. USDA estimated planted soybean acres at 64.1 million, down
15% from last year's record. Cotton acres are estimated at 11.1
million acres, which is 28% below last year.
Biotech Acres Continue to Grow -- USDA's acreage report shows
that U.S. farmers continue to increase their use of biotech seeds. Corn
growers planted 73% of their acres with biotech seed this year, a 12%
increase over last year. Soybean farmers planted 91% of their acres
with biotech seed, a 2% increase over 2006. Cotton farmers planted 87%
of their acres with biotech seeds, 4% more than last year.
House Agricultural Committee to Mark-up Farm Bill --
Congressman Collin Peterson (D-MN), chairman of the House
Agriculture Committee, announced the committee will begin marking-up the
farm bill on July 17. The committee will consider two farm bills. The
first will be with PAYGO requirements (any increases in spending have to
be offset with increased revenue or cuts in expenditures). The other
farm bill will use the up to $20 billion reserve fund for increased
spending. The committee is expected to pass the first bill and hold the
second bill in case the committee is allowed to use the reserve fund at
a later date. The chairman is expected to release his farm bill draft
the end of this week.
TPA Expires -- Trade Promotion Authority (TPA) expired on June
30. This is the authority given to the President to negotiate trade
agreements with a straight up-or-down vote by Congress. Without TPA,
countries are very reluctant to negotiate with the U.S. Trade Ambassador
Sue Schwab said, "America needs to remain open for business to the 95%
of the world's consumers living outside the United States. American
workers cannot afford for us to hang up a 'Closed for Business' sign.
The United States must be in the game and not on the sidelines as other
nations negotiate deals that disadvantage our businesses, farmers,
ranchers and service providers. Our trading partners and competitors
are already negotiating and closing trade deals around the world. At
least 100 regional trade agreements have gone into force since 2002 and
more than 100 are under negotiation. The President -- indeed every
President -- should have TPA to ensure that the United States can best
advance our country's trade interests." Many U.S. agricultural groups
support the continuation of TPA. However, the National Farmers Union
said, "The collapse of the Doha round of World Trade Organization (WTO)
negotiations and the impending expiration of 'Fast Track' creates an
opportunity for Congress to develop a trade agenda that prioritizes the
interests of family farmers and ranchers over the interests of
multi-national traders. The current trade agenda is not working and we
need to look for new ways to negotiate trade agreements."
U.S. and Korea Sign FTA -- The United States and Korea signed
the U.S.-Korean Free Trade Agreement on June 30. U.S. Trade Ambassador
Sue Schwab said, "The United States-Korea Free Trade Agreement (FTA) is
the most commercially significant free trade agreement the United States
has concluded in nearly 20 years." Under the agreement nearly $1.91
billion, or 64% of U.S. agricultural exports to Korea, will be
immediately duty-free. Most remaining tariffs and quotas will be phased
out over the first 10 years the agreement is in force. This agreement
will face a difficult time in Congress.
Pork & Korean FTA -- The National Pork Producers Council (NPPC)
indicates that U.S. pork exports to South Korea will double under the
U.S.-Korean Free Trade Agreement (FTA). NPPC estimates the FTA will
increase pork exports by $825 million and will "absorb" 5% of the total
U.S. pork production. The FTA will eliminate tariffs on all frozen and
process pork products by 2014. Fresh chilled pork will be duty free 10
years after implementation. Current tariffs are as high as 30%.
U.S. and Panama Sign FTA -- The United States and Panama signed
the United States-Panama Trade Promotion Agreement last week. According
to the American Farm Bureau Federation (AFBF), the agreement will
increase U.S. agriculture trade by $195 million per year after full
implementation. AFBF said, "While the United States already supplies
53% of Panamanian agricultural imports, the agreement will prevent other
countries, specifically other Latin American suppliers, from taking some
of the current U.S. share of the market in Panama. Under the agreement,
Panama also agrees to deal with sanitary and phytosanitary barriers and
other non-tariff barriers to U.S. exports. Congress is expected to
consider the agreement later this year.
Congressional Recess -- Congress is in recess this week in
observance of July 4. A number of Senators and Congressmen are meeting
with constituents concerning the farm bill. The next Congressional
break will be the month of August for the summer recess.
P. Scott Shearer
Vice President
Bockorny Group
Washington, D.C.

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