The Current Agricultural Use Valuation (CAUV) program values have increased due to higher crop prices and lower interest rates, but continue to provide an average 67 percent reduction from fair market value.
Policy & Politics
USDA Food Safety and Inspection Service regulations require all animals found to be nonambulatory at ante-mortem inspection (or those nonambulatory after the ante-mortem inspection but before processing) be condemned. There are cases where animals are non-ambulatory not because of illness.
Recently, China has rejected some vessels carrying small amounts of a corn variety approved for marketing in the United States, but not in China. The market reacted negatively and a number of grain handling companies have indicated they will no longer accept that variety at their elevators.
Last fall, a record harvest of high moisture corn increased demand for propane for drying in the Midwest. As a result, propane inventories in the Midwest were at their lowest level heading into winter since 1996.
Federal legislation has been introduced for an agreement between the Humane Society of the U.S. and the United Egg Producers dealing with cage size and other animal care standards for our nation’s 280 million egg-laying hens.