Vilsack: Farm Exports Expected to Reach New Record This Year

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american honey

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Published: Friday, March 11, 2011

TAMPA, Fla. (AP)—U.S. farm exports are expected to reach a record $135.5 billion in fiscal year 2011, said Agriculture Secretary Tom Vilsack last Friday.

Vilsack said U.S. agriculture may have its best export year ever, growing 25 percent in value from fiscal 2010, which ended in September.

The federal agriculture head spoke in Tampa at the Commodity Classic, a large convention and trade show for the U.S. corn, soybean, wheat, and sorghum industries that draws some 4,500 farmers from around the nation.

Vilsack said the agricultural trade surplus is expected to reach a record $47.5 billion.

He also spoke with The Associated Press about the 2012 USDA budget, which at a proposed $145.6 billion is a 1.5 percent decrease from 2011.

Vilsack intends to continue to fund $25 million in research on citrus greening, a fast-spreading, incurable bacteria that threatens Florida's lucrative orange crop.

"We spend roughly a billion dollars a year trying to combat pests around the country,'' he said.

He added that additional money has been requested for an initiative called Feed the Future, a federal effort using research and other tools to improve agricultural productivity in developing countries. Linking farmers to local and regional markets, enhancing nutrition and helping with seed technology are among the goals —in addition to helping poorer countries cope with rising food prices.

Vilsack said the program has helped Haitian farmers, for example, with using proper fertilizer for that country's soil.

"We do research for many of these countries and how their own agriculture can be more productive,'' he said.

The 2012 agriculture budget includes over $2 billion of funding for both emergency and non-emergency international food assistance programs carried out by the USDA and U.S. Agency for International Development.

U.S. Rep. Frank Lucas (R-Okla.), the chairman of the House Agriculture Committee, also spoke at the conference, telling the farmers that his committee will soon meet with Environmental Protection Agency to discuss the "numerous regulatory assaults'' on farmers.

"Is the EPA following the law? Are they making regulatory decisions based on sound science and data?'' Lucas said, as the audience applauded.

Lucas added that his committee is also reviewing the 2012 Farm Bill and will take a close look at all the existing programs and decide whether to keep them.

Finally, Lucas urged President Obama to send Congress a trade agreement with South Korea, Colombia and Panama to Congress.

"They're all countries that pay cash,'' Lucas joked.

Got this from the farmers exchange!!
 

knabe

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inflation seems to solve many a crisis.

would like to see actual product sold in units other than dollars, ie tons.

if ag is doing so well, perhaps subsidies can be eliminated.
 

american honey

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knabe said:
inflation seems to solve many a crisis.

would like to see actual product sold in units other than dollars, ie tons.

if ag is doing so well, perhaps subsidies can be eliminated.

That's what I was wondering, not all farmers or ranchers sell in tons. But at least the agriculture economy is looking up!
 

mooch

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knabe said:
inflation seems to solve many a crisis.

would like to see actual product sold in units other than dollars, ie tons.

if ag is doing so well, perhaps subsidies can be eliminated.
Don't be silly , you can't pay for $40,000 steers without farm subsidies!
 

xxcc

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knabe said:
if ag is doing so well, perhaps subsidies can be eliminated.
yeah, that's typical, just when producers are thinking they might be able to rebound from the rough years of the recent past....jerk the rug out from under their feet. <party>

Inflation creates more crisis than it solves.
 

knabe

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land prices are too high due to subsidies.

scottie pippin doesn't need a subsidy.

http://www.cnbc.com/id/19175745/Pippen_Is_Down_On_The_Farm_Bonds_HR_Ball_Unwanted

From 2003-2005, Pippen earned $78,945 in government checks for land he controls in Arkansas.

the vast majority of ag subsidies go to the wealthy.

also, it takes years to remove subsidies from fraudulent farmers who use multiple names to hide ownership.
 

xxcc

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land prices are driven by supply and demand, as well as who can afford to pay for them.  land prices in montana are inflated more due to movie like 'a river runs through it' than they are by a $6 / acre grain subsidy.  over a 30 year period, that's a whopping $180.  woo hoo.  I can see how that has made land prices increase the way they have.

you're right scottie pippen may not need a subsidy.  he is not the normal land owner.  that'd be like using your situation as a norm for the beef industry.

the vast majority of producers that max out their governement payment limits are the ones who own enough property to qualify for the respective amount of payments.  after a certain threshhold, the 'wealthy'  receive a lower percentage of their gross income from subsidies than do lower or middle income producers.

just out of curiosity, how many fraudulent farmers has the USDA persued in the last 10 years?  how many are they trying to extract funds from?
 

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