Episode Transcript
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Speaker 1 (00:00):
Good morning, Valley. This is Iglife. My name is Bob Quinn,
with you for the next hour talking about agricultural production
here in the valley in all across the country. We
start off with a look at the hog numbers with rod.
Speaker 2 (00:12):
Main more hogs and pigs inventory as of June first.
That's the indication per USDA's latest quarterly Hogs and Pigs
Report USDA Livestock ls Michael mccattell starts by breaking down
the numbers.
Speaker 3 (00:25):
There was seventy five point one four million hogs and
inventory as of June first. That's just slightly more than
last year, less than one percent. For breeding purposes, there
is five point nine eight million hogs, down slowly from
last year's six point h one.
Speaker 2 (00:38):
As for the US pig crop for the tide frame
of March through May, there was.
Speaker 3 (00:42):
Two point nine to one million failings, which is about
slightly less than last year. However, that was more than
off set by a fish for litter rate of eleven
point seventy five which is two percent higher than last year.
So all that resulted in a pig crop in the
last quarter of about thirty four point one seven million pigs.
Speaker 2 (00:57):
So what were the whys behind the numbers and the
June quarterly Hogs and Pigs report.
Speaker 3 (01:02):
Markets have been indicating that we've are a little bit
tighter hog supplies over the past couple of months, but
this seems to indicate that for the second half of
twenty twenty five and perhaps into nearly part of twenty
twenty six, we should see a little bit of growth
in the hog supplies as those hogs that were born
in the past couple months come to market.
Speaker 2 (01:15):
While the breeding herd has been stable the last couple
of years.
Speaker 3 (01:19):
We're getting more hogs by having more and more pay
state per litter in that higher litter rate, that should
bring more hogs into the production system and should be
supportive of pork production the second half of twenty five
and into twenty six.
Speaker 2 (01:28):
And McConnell adds that consisted higher pigs per litter rate
growth over the past couple of years is a continuation
of a longer term trend.
Speaker 3 (01:37):
As producers kind of improve their management practices, improve the
technology to basically increase with the productivity that they get
out of each litter.
Speaker 2 (01:43):
Another factor in the rise in hogs and pigs inventory
as of Jude first.
Speaker 3 (01:47):
Some of the other competing animal proteins. In particularly the
beef market has been relatively tight and we've seen strong
prices there, so that has been supportive for other species.
And pork prices are one of those as a market
where we're seeing some benefits in term of the higher pork
prices as a result of higher bee prices that might
be giving some signals to producers to kind of give
them the go ahead to maybe increase their production.
Speaker 1 (02:05):
Outlook.
Speaker 2 (02:06):
Rod Bain, reporting for the US Department of Agriculture in Washington.
Speaker 4 (02:10):
D C.
Speaker 1 (02:11):
This is Aglife. Good morning, Valley, This is Aglife. My
name is Bob Quinn, with you for the next hour
talking about agricultural production here in the valley and all
across the country. Well, friends, extreme heat nationwide means not
just rising temperatures, but rising concerns about crop and livestock.
Rod Bain starts us off.
Speaker 2 (02:29):
The first week of astrological summer twenty twenty five caved
with it unusual for several parts of the country, extreme
heat wave, triple digit heat in several locales, and as
USDA be urologist Brad Rippy.
Speaker 5 (02:44):
Believes, we're just getting started here. I think is going
to turn out to be rather hot summer for the
nation as a whole.
Speaker 2 (02:49):
That's because of a weather phenomenon created when extreme heat
becomes established in the country, and with consideration just how
early such high temperatures were recorded in the season.
Speaker 5 (03:00):
When you see early heat like this, it tends to
move around but does not ever really go away, And unfortunately,
that's what we're looking at.
Speaker 2 (03:07):
For instance, extreme heat in the eastern US subsides after
a multi day period, only for such conditions to re
emerge in regions like the west and central parts of
the nation. And while heat may fluctuate to extreme temperatures,
high humidity appears to remain constant. What do these current
and projected weather treads meed regarding potential agricultural impacts? Rippy
(03:29):
says for livestock, sometimes they.
Speaker 5 (03:31):
Come with some expense to the cattle. They are not
quite acclimated to the heat at this point. Some animals
may still have a portion of their winter coats, and
with that lack of cooling ability, that can create a
very stressful situation.
Speaker 2 (03:41):
Compounded by the extreme humidity and in places overnight low
temperatures in the upper seventies and low eighties.
Speaker 5 (03:48):
The nighttime cooling or lack thereof is creating quite a
stressful situation for livestock and will have to continue to
monitor the animals as we move into July. As this
heat wave looks like it will continue across many parts
of the country.
Speaker 2 (04:00):
For crops corn and soybeans especially, they remain safe for now,
as on average they have not reached the reproductive stage
of development and in many parts of the cornbilt still
have surplus top soil boisture.
Speaker 5 (04:12):
However, we'll continue to watching this heat as it coomes
more potentially critical for corn and soybeans moving into July.
Speaker 2 (04:18):
Pasture and rangeland conditions are divided as extreme heat continues
into July. As of the USDA Condition Report for the
period ending June twenty second, east of the Mississippi River
with more favorable conditions, while drought impacts in several states
west of the Mississippi drove poor conditioned ratings at rippy notes, if.
Speaker 5 (04:37):
You're looking for any intelligence on how ongoing heat and
humidity are affecting rangeland pastures, you'll have to wait a while,
and there's going to be a delay anyway on some
of the impacts.
Speaker 2 (04:45):
Broad Bane reporting for the US Department of Agriculture in Washington,
d C.
Speaker 1 (04:50):
Well, friends, coming up a look at oil prices both
past and moving forward, and the USDA has unveiled a
plan to keep agriculture and the food supply safer. We'll
talk about that. That's ahead on ag Life. Bob Quinn.
Here were some farm news this morning, friends, saying the
first six months of the year have been active when
(05:10):
it comes to oil prices may be an understatement. It
should come as no surprise that trade has been one
of the biggest pressures moving oil prices, but not the
only one. Patrick de'han of gasbuddy dot com says the
Trump administration's change in relationship with OPEK allowed for more
oil production, which he called a game changer.
Speaker 6 (05:30):
Without that, oil prices probably would not be anywhere near
where they are today at about sixty five dollars a barrel.
OPEK had cut oil production back in twenty twenty three,
and so to see OPEK raising production this year certainly
has been surprising and a large part of why gasoline
prices are lower.
Speaker 1 (05:47):
When it comes to the second half of the year,
dehan says oil prices could struggle.
Speaker 6 (05:52):
As OPEC's increased production will start to lead to more
supply at a time of year that demand is starting
to decline. So hopefully the second half of the year
will be a little bit quieter than the first half
in terms of geopolitical tensions. Will still keep an eye
on Russia, but for now Russian oil output does continue
at brisk levels. So I think that all is going
to lead to a second half of twenty twenty five,
(06:13):
at least for oil markets, maybe a little bit more
bearish than the first half of the year.
Speaker 1 (06:17):
Earlier this week, West Texas crude trading slightly lower than
sixty seven dollars a barrel, while Brent crude was also lower,
trading near sixty nine dollars a barrel.
Speaker 7 (06:28):
Well.
Speaker 1 (06:28):
Friends of USDA announced a new Farm Security Action plan
that covers several areas of US agriculture. It's a seven
step plan designed to protect America's farms and the food supply,
which in turn will protect national security. Jim Pillin, Nebraska Governor,
was in Washington, d C. To hear the official announcement.
Speaker 4 (06:49):
The whole issues about rural economic revitalization, the whole issues
about family farms being successful and being protected because, as
we said, family farm security it's to food security, which
equates to national security. They're really really important and with
partnerships with the USDA, nobody can execute it and do
it better than what the States can. And that's why
(07:11):
Governor how could be Sanders from arkans I was invited
to it as well as Governor Bill Lee from Tennessee,
as well as myself, because we've worked hard on taking
productive steps.
Speaker 1 (07:21):
Helen said, there's never been a national safety plan like
this that includes agriculture.
Speaker 4 (07:27):
Yeah, exactly. I mean, I think that for all of
us that have spent our lifetime in agriculture, it's pretty
inspiring because food security is a big deal. It's really
really important for the long term success of the State
of Nebraska in the long term success of our country
so that we can have great quality of life for
a long term. If we don't have food security, we
don't have national security. It's a severe problem.
Speaker 1 (07:47):
Nebraska is taking its own steps to protect agriculture within
its borders.
Speaker 4 (07:52):
We're getting the traininge equipment off telecommunication towers. Obviously that's
in the execution phase and that's been going on two years.
Should be taking cure than Second place is making sure
that the legislature has been effected that nobody from porn
adversary countries can buy land. And then the third step
would be if there is land owned by anybody from
porn adversaries, that we can take care of.
Speaker 1 (08:14):
The Nebraska Governor Jim Pillin with us. The tax provisions
in the recently passed One Big Beautiful Bill benefit agriculture
and more specifically US cattle producers. Ethan Lane, senior vice
president of government Affairs for the National Cattlemans Beef Association,
talks about some of the most important tax implications.
Speaker 8 (08:34):
It's always in Washington important how you talk about something.
Speaker 7 (08:37):
Right.
Speaker 8 (08:37):
We're not doing new tax cuts. We're maintaining the current
tax system and building on some of those areas that
have been really successful. You know, one thing you hear
about no matter where you go in the country is
escalating land values with cattle producers. What was three thousand
dollars an acre farm ground has not been for quite
some time, and so that really has an impact on
generational transfer, on family planning. It's why the Cattle in
(08:59):
Is has been leading the charge on repeal of the
death tax.
Speaker 1 (09:03):
It increases the estate tax exemption and makes other tax
cuts permanent. Now The legislation also includes many provisions that
would have been in the Farm Bill, as some consider
this part of the Farm.
Speaker 8 (09:14):
Bill, the Farm Bill one point zero being the reconciliation provisions,
the one big bilt Beautiful Bill provisions, and then a
sort of Farm Bill two point zero then being necessary
to deal with all those things that don't meet the
threshold for inclusion in this.
Speaker 1 (09:27):
Ithan Lane, National Cattleman's Beef Association with US Farm News.
This morning, you're listening to AG Life.
Speaker 9 (09:35):
It's another Agnews update. We've seen a weaker dollar this year.
Is that good or bad?
Speaker 1 (09:43):
More?
Speaker 9 (09:43):
After this, this is Shaquille O'Neill reminding you that anytime
is a good time for the cooling, drying fresh in
of gold bond powder spray, like after the gym.
Speaker 10 (09:53):
Elevator ride, golf, working with five animals.
Speaker 2 (09:58):
Or hard day's work.
Speaker 11 (09:59):
Stay cool with gold bomb, pot of spreads.
Speaker 9 (10:01):
Gay come talking the weak dollar, Richie Torre's representative from
New York with FED chair Jerome pal Furepower.
Speaker 12 (10:12):
Following the so called Liberation Day tariffs in early April,
we saw something the US economy had not seen in decades,
a flight not to the US dollar as a safe
haven but away from it. And since President Trump's inauguration,
the US Dollar index has fallen by nearly ten percent,
marking the worst first half performance for the dollar since
nineteen eighty six. At the same time, Japan, America's largest
(10:35):
sovereign creditor, just saw the worst twenty year Japanese government
bond auction since the nineteen eighties, raising fears that it
could reduce its holdings of US treasuries. Given these developments,
do you believe, as I do, that the US may
be transitioning from a period of dollar dominance to a
period of dollar decline.
Speaker 13 (10:53):
Well, let me say we FED does not have responsibility
for the dollar, and that's really the Treasury.
Speaker 12 (10:59):
But I'm asking for your analysis.
Speaker 9 (11:00):
I wouldn't.
Speaker 13 (11:01):
I wouldn't. I wouldn't make that statement. No, I think
it's things have been volatile, the markets are digesting things,
and I think, you know, the treasury market's been fined
by many measures, that the dollar is still you.
Speaker 12 (11:13):
Feel the safe haven status of the dollars as strong
as it's ever been.
Speaker 13 (11:16):
I think it's I think the dollar is still the
number one safe haven currency, and I don't think it's
you know, I would say these narratives of decline are
premature and a bit overdone.
Speaker 9 (11:27):
It's another agnews update.
Speaker 14 (11:29):
Here's farmer and landowner John Prouve.
Speaker 15 (11:32):
We purchased the land about three years ago and there
was an old farmstead on there with trees, and you're
going to clear the lands. We could farm through it.
We thought we knew where the pipe was, so we
didn't call to get it located. The work on our
property led to the damage of a light crude pipeline.
Unfortunately no one was hurt, but it could have been
much worse.
Speaker 14 (11:47):
Never assumed the location or depth of underground lines. Always
call eight one to one or visit click before you
dig dot com before you start work. A message from
the pipeline operators for egg safety campaign.
Speaker 9 (11:58):
American cause, what's the importance of grazing on federal lands?
More after this.
Speaker 16 (12:08):
When you look at me, you might see a person
with Parkinson's disease.
Speaker 8 (12:12):
But if you look closer.
Speaker 16 (12:14):
You'll see a warrior mom, an endurance athlete.
Speaker 11 (12:17):
Someone with a lot of fight.
Speaker 17 (12:19):
Every nine minutes, someone is diagnosed with Parkinson's disease.
Speaker 18 (12:23):
And every one of them can turn to the American
Parkinson Disease Association look closer.
Speaker 11 (12:28):
My spirit is unshakable.
Speaker 18 (12:30):
Visit ap DA Parkinson dot org to learn more and
show your support today.
Speaker 9 (12:36):
Caitlin Glovers with the Public Lands Council Livestock.
Speaker 19 (12:40):
Grazing controls those fine fuels that support in a backwards way.
They support ignition of these big fires, and these fires
then get rolling. They have such momentum. That's why they
become so hot, so fast moving, and so catastrophic. You know,
and for a long time. One of the things that graters,
that ranchers have fail is this sort of you know,
(13:02):
being a second tier tool, a second class tool. The
federal agencies have always preferred chaining or other mechanized efforts,
prescribed fire or even herbicides because it's more standardized. Right,
But this role of target grazing, this expansion of using
grazing animals to conduct find fuels management at scale is
(13:22):
gaining traction. We have more than a handful of bills
this Congress alone. We have very clear direction from the
Secretary of the Interior in a recent memorandum. We have
an executive order from President Trump identifying the need for
USDA and DOI to work better together in not only
putting these fires out, but preventing the catastrophic conditions and
(13:44):
from those fires becoming too big. And so, whether you're
talking about sage grouse, or you're talking about fire and
fuels management, or you're even just talking about protecting watersheds,
right from a various number of factors, you're really grazing
having a moment, right, not just goats in city parks,
but it's cows and sheep and technology and drones and
(14:06):
satellites and all of the big scientific and technology pieces
coming together with one of the most traditional, reliable, effective
tools in grazing, and it's.
Speaker 9 (14:18):
Exciting American Cattle News.
Speaker 11 (14:25):
This is Dairy Radio Now feed Form Friday.
Speaker 12 (14:28):
With doctor Mike Kutchens Professor Emeredis from the University of Illinois.
Speaker 20 (14:32):
Hello, Mike, Well, we'll come.
Speaker 21 (14:33):
To today's feed Forum and our topic for today is
summer has arrived, and certainly when summer arises, we can
face some very interesting temperatures around the United States. We're
seeing now temperatures that are reaching ninety degrees fahrenheit and
some of these areas also has seventy percent humidity, and
certainly that impacts both dairy cattle on the farm and
(14:54):
crops that are being raised on the farm equally as well. Well,
let's talk about a couple of different aspects of this bill.
If we can't and heat stress, for example, affects all
dairy cattle on the farm, one index that we can
watch would be the heat index and heat index. Basically,
if you take this temperature of fahrenheights and humidity, add
those two together and divide by two, that gives you
an index, and when that never goes over sixty eight,
(15:16):
that means your dairy cattle are facing heat stress. So
if I had ninety degrees fahrenheit today and seventy percent humidity,
that would add up to one hundred and sixty divided
by two, and that'd be eighty. So certainly these cows
are under heavy heat stress. Another thumberer we can take
a look at is watching that the respiration rate or
breasts permitted under sixty. Basically, cows are very normal or
cattle would be normal. If it reaches eighty breasts permitted,
(15:39):
then we'll start seeing decrease about six pounds of milk
production and dictating cows, a decreased growth performance and caves
and heifers, and an increase in body temperature up to one
hundred and three one hundred and four degrees it goes
over ninety breasts permitted. Now we can see temperatures going
up another degree, up to one hundred and four hundred
and five degrees a fahrenheit and dropping nine pounds of milk.
And of course those higher ten buters really affect fertility
(16:01):
in cattle, resulting in poor for conception rates and maintenance
pregnancy and animals. We know that when dry matter intake
goes down during this heat stress period, which really increases
the requirements for these cows primarily because of increase of
maintenance roughly ten or fifteen percent higher increase because cows
have to spend or cattle has to spend more nutrients
(16:22):
to remain cool out there on the feeding program. Also
there's some shifting of blood flow. The cow knows she
needs to dissipate the heat, trying to get more blood
flow to the external parts of the body, to the skin,
for example, and therefore reduces blood flow to the rumen,
which affects the room in pH And of course the
reproductive tracts equal in terms of fertility. So some of
the strategies that you and I can take a look
(16:42):
at would include such things as looking at decad getting
that dietary Catie difference up to plus three hundred mili
equivalents per kilogram of dry matter monenzen in the feeding
program that increases glule close production, which is really important.
We have feed additives now that will actually do some
neat things with preventing leakage in the coln and increase
(17:04):
the rum and undegraded protein that means more aminium acids.
And perhaps consider adding fat to the dye which increves
energy dynamics as well. Heifers and caves are also affected
by heat stress, reducing growth and dry matter intake. Dry cowls.
Not only are they affecting the dry cowl, but also
affecting the unborn calf. Being smaller, calves lower birth weights,
and the cows will produce about eight to ten pounds
(17:26):
list milk in the next flactation as well. Heat damage
can be another factor on crops. If it gets very dry,
we drought plants can de and plants under a great
deal of heat stress, you may want to capture them
as dry matter. What watch the dry matter at harvest window.
Hail damage has occur in parts of the United States,
which can really damage plant materials. If the leaves are
(17:47):
severely damaged, it will reduce growth in performance. And heavy
rains another area of the United States six to ten
inches of rain. It can occur over a twenty four
hour period of time and plants can go under water,
resulting in soil contamination. So our take on messages Arm
number one. Try to reduce heat stress on cattle. Evaluate
craps have been damaged by the weather at this point,
(18:07):
and make a good town decision. Thanks, have a great day.
Speaker 2 (18:11):
Kicking off a year long celebration leading up to the
two hundred and fiftieth anniversary of the United States in
twenty twenty six, we will have a.
Speaker 7 (18:18):
Celebration worthy of the anniversary across this entire next year.
Speaker 2 (18:22):
This announcement by Agriculture Secretary Brook Rawlins during up two
hundred and fiftieth Anniversary kickoff event in Iowa, we will have.
Speaker 7 (18:29):
In August the biggest, most amazing American Farmers Market in
the history of our country in Washington on the National Mall.
Speaker 2 (18:37):
The August third through sixth event includes market opportunities for
producers and vendors from all fifty states, with Secretary rawlins
offering this invitation every.
Speaker 7 (18:46):
Farmer, every rancher, every producer from every state who sell
their beautiful crops and their products, and their pork and
their beef to join us in Washington during National.
Speaker 16 (18:54):
Farmers Market Week.
Speaker 2 (18:55):
Details about the Great American Farmers Market are available online
at www dot USDA dot gov. Rodbain reporting for the
US Department of Agriculture in Washington, DC.
Speaker 22 (19:08):
Recycling almond holes and shells back in the orchard it
could help those soils. I'm Patrick Kavanaugh with the California
Tree Nut Report, part of the Egg Information Network. Christopher
Simmons is the Department Chair and professor in the Department
Food Science and Technology U see Davis we as Simons.
How does it all work? You know, with almondholes and
shells back in the soil, there.
Speaker 23 (19:29):
Could be multiple things going on here. There's some organic
acids and flavonoids within the almond hole that may directly
inhibit pests in the soil. Additionally, and perhaps there are
benign microorganisms in the soil that start to break down
and metabolize these amendments and they produce organic acid fermentation
products that are very depth known biopesticides against a wide
(19:50):
range of pests and pathogen, including nematodes. They are also
kind of sucking the oxygen out of the soil, and
that too can be lethal to a wide range of
pests like nematodes and we as.
Speaker 22 (19:59):
Simons off the holes and shells actually provided some nitrogen
to the soil for the trees.
Speaker 23 (20:03):
Uptake depends on how much nitrogen is in the amendments,
and so if there's organic nitrogen in there, then that
can mineralize into ammonium and nitrate as part of this process.
Speaker 22 (20:13):
In more news, a relatively new insect called the brown
marmorade to stink bug can cause feeding damage in peaches
and almonds. It's expanding its territory throughout the state that
developing nuts are particularly at risk, and feeding typically is
from March through July, leading to significant nut drop. It's
always something to keep an eye on.
Speaker 24 (20:31):
Farm work is tough, and so is staying safe on
the road. Every year, accidents happen when tractors and traffic
share the same space, whether you're behind the wheel of
a tractor or a car. Here's what you need to remember.
Tractors move slower, be patient, don't pass on hills or curves. Farmers,
make sure your slow moving vehicles, signs and lights are
visible and everyone's sailor, especially on rule roads. One moment
(20:52):
of caution can save a life. Let's work together to
keep our roads and are farm safe. This message was
brought to you by the AGG Information Network.
Speaker 25 (21:00):
For over forty years, the AG Information Network has been
providing news and information for the most important industry in
the world, agriculture. The AGG Information Network gives you worldwide
updates from local producers to regional organizations, from major crops
like wheat and corn, to animal agriculture to specially crops
like apples, almonds, and cherries. We report on stories that
(21:20):
mean the most to you online at aginfo dot net.
The AGG Information Network trusted and transparent journalism lasting for
the next generation.
Speaker 22 (21:28):
With the AG Information Network, I'm Patrick Kavanaugh.
Speaker 20 (21:33):
America's specialty crop growers often face challenges that are unique
to their segment of agriculture. John Walt boat Wright, director
of Government Affairs for the American Farm Bureau Federation, says
the USDA has acknowledged these challenges through the marketing of
Systems for Specially Crops Program.
Speaker 26 (21:51):
A program designed specifically to help specially crop growers deal
with their rising input costs and volatile markets. USDA created
this program in December twenty twenty four and opened up
an application period four specialty crop growers, specifically growers with
commercially marketable specialty crops as defined in the program. When
(22:13):
we talk about specialty crops, we're talking primarily about fruit,
vegetable and nut crops, from rising labor costs to losing
markets for a variety of different reasons to invase the
pest and disease pressure. There are a lot of unpredictable
factors involved in growing domestic fruit and vegetables in the
United States.
Speaker 20 (22:31):
While the current enrollmup period has closed, farmers who think
they may fit the program requirements are encouraged to keep
an eye out for the future USDA announcements.
Speaker 26 (22:41):
The goal hopefully is to pay attention to USDA announcements
to see whether or not they may open this back up.
The hope is that also growers will funnel up any issues,
any feedback, good or bad, to improve upon the good
work that they've already done.
Speaker 20 (22:56):
Again. That is John wald Boat Right with the American
Farm Bureau Federation, USDA AGG Secretary Brook Rollins announced risk
based port reopenings for cattle, bison, and horses for Mexico
is under wave the USDA. After extensive collaboration between the
Animal and Plant Health Inspection Service experts and their counterparts
(23:18):
in Mexico to increase New World screwworm surveillance, detection and
eradication efforts has begun with phase reopening to the southern
ports starting with Douglas Arizona. Progress has been made in
several critical areas since the ports were closed on May eleventh,
including the resolution of challenges with conducting flights in Mexico
(23:40):
that allowed the USDA team to consistently conduct sterile New
World screwworm flight dispersals seven days a week and the
dispersal of more than one hundred million flies each week.
The National Cattleman's Beep Association announced support for the USDA's
plan two strategically reopened key ports of entry to shipments
of live cattle by US and horses. National Cattleman's Beef
(24:02):
Association's CEO, Colin Woodhall, said the National Cattleman's Beef Association
and their state affiliates have spent months working with the
USDA to safeguard the us cattle industry from the threat
of New World screw worm Farmers Sediment weekend in June,
Following two months of improvement, the Purdue University CMA Group
ag Economy Barometer dropped twelve points from May to one
(24:25):
forty six. In June, a change in producer's expectations for
the future served as the primary factor in the ship.
The index of future expectations sank eighteen points to one
forty six. Now, the current conditions index only lost two
points to one forty four, a drop and optimism about
future agricultural exports seems to have influenced producers weakened outlook.
(24:49):
Even with the June declines, all three indexes persist at
higher levels when compared to a year ago.
Speaker 4 (24:54):
Now.
Speaker 20 (24:55):
The Farm Financial Performance Index that was down five points
to one oh four, with producers projecting a slight or
weaker financial outlook for their farms in June compared to May,
and index about one hundred indicates the US farmers expect
a stronger financial performance in twenty twenty five compared to
twenty twenty four. And the Farm Capital Investments Index that
(25:17):
was up five points in June to sixty points. The
USDA's National Agricultural Statistics Service has mailed out the July
Cattle Survey to about eighteen thousand cattle operations nationwide to
provide an up to date measure of the US cattle
inventories now. This is the first July Cattle Survey mailed
to producers since the reinstatement of key reports was announced
(25:40):
earlier this year. NOWS Livestock Branch chief at Travis Avril
says the information helps producers make timely in foreign business
decisions and plan for her expansion or reduction. It also
helps packers and government leaders evaluate expected slaughter volumes for
future months and determined potential supplies for exports. During the
(26:00):
first two weeks of July, US cattle producers will have
the opportunity to report their beef and dairy cattle inventories,
cab crop death laws, and Cattle on Feed information, and
then the July Cattle on THEED report that'll come out
on July twenty fifth at two o'clock in the afternoon.
I'm Dwayne Merley.
Speaker 10 (26:19):
It's time for California Egg Today on the ag Information Network,
I am Hailey's ship. The Big Beautiful Bill Act is
now officially law Following President Trump's signature on July fourth,
the sweeping legislation passed both the House and the Senate
and is drawing mixed reactions from key farm groups. The
(26:39):
American Farm Bureau Federation is calling it a major win.
President of Zippy duval praised lawmakers for modernizing farm safety
net programs and making critical tax provisions permanent, saying the
move could be the difference between staying in business or
shutting down the family farm, with more than half of
US farms currently losing money. He says increased reference prices
(27:02):
and expanded tax tools offer stability for both the coming
season and future generations. But not everyone is celebrating. National
Farmers' Union President Rob LaRue welcomed the bills investments in biofuels, conservation,
and family farm viability, but said those gains come with
harmful trade offs. He warned that cuts to SNAP and
(27:24):
Medicaid will have ripple effects, saying farm policies should unite US.
This approach undermines the foundation of the farm bill. Both
groups agree more work is needed, their urging Congress to
follow through with a comprehensive farm bill that addresses the
full scope of challenges facing Rural America.
Speaker 27 (27:43):
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(28:04):
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Speaker 25 (28:10):
For the last forty years, the AG Information Network has
been the source of news for farmers and ranchers. Yet
we have never seen such an assault on farming and
our food supply as we do today, from fuel to fertilizer.
Farmers are facing unprecedented economic challenges. This is why agriculture
news that farmers receive comes from the AG Information Network,
reaching coast to coast, deep roots and farming. In decades
(28:33):
of reporting, the AGG Information Network trusted and transparent journalism
for generations.
Speaker 10 (28:39):
On the AG Information Network, I am Hatley's ship, Bob.
Speaker 1 (28:43):
When here were some farm news this morning, friends, saying
the first six months of the year have been active
when it comes to oil prices may be an understatement.
It should come as no surprise that trade has been
one of the biggest pressures moving oil prices, but not
the only one. Patrick Dehan of gasbuddy dot Com says
the Trump administration's change in relationship with OPEK allowed for
(29:04):
more oil production, which he called a game changer.
Speaker 6 (29:07):
Without that, oil prices probably would not be anywhere near
where they are today at about sixty five dollars a barrel.
OPEK had cut oil production back in twenty twenty three,
and so to see OPEK raising production this year certainly
has been surprising and a large part of why gasoline
prices are lower.
Speaker 1 (29:24):
When it comes to the second half of the year,
Dihan says oil prices could struggle.
Speaker 6 (29:29):
As ope's increased production will start to lead to more
supply at a time of year that demand is starting
to decline. So hopefully the second half of the year
will be a little bit quieter than the first half
in terms of geopolitical tensions. Will still keep an eye
on Russia, but for now Russian oil output does continue
at brisk levels. So I think that all is going
to lead to a second half of twenty twenty five,
(29:50):
at least for oil markets, maybe a little bit more
bearish than the first half of the year.
Speaker 1 (29:54):
Earlier this week, West Texas crude trading slightly lower than
sixty seven dollars a barrel, while Brent crude was also lower,
trading near sixty nine dollars a barrel. The tax provisions
in the recently passed One Big Beautiful Bill benefit agriculture
and more specifically, US cattle producers. Ethan Lane, senior vice
(30:14):
president of government Affairs for the National Cattleman's Beef Association,
talks about some of the most important tax implications.
Speaker 8 (30:22):
It's always in Washington important how you talk about something. Right,
We're not doing new tax cuts. We're maintaining the current
tax system and building on some of those areas that
have been really successful. You know, one thing you hear
about no matter where you go in the country is
escalating land values. With cattle producers. What was three thousand
dollars an acre farm ground has not been for quite
some time, and so that really has an impact on
(30:44):
generational transfer, on family planning. It's why the cattle industry
has been leading the charge on repeal of the death tax.
Speaker 1 (30:51):
It increases the estate tax exemption and makes other tax
cuts permanent. Now The legislation also includes many provisions that
would have been in the Farm Bill, as some consider
this part of the Farm Bill.
Speaker 8 (31:02):
The Farm Bill one point zero being the reconciliation provisions,
the one Big Belt Beautiful Bill provisions, and then a
sort of Farm Bill two point zero then being necessary
to deal with all those things that don't meet the
threshold for inclusion in.
Speaker 1 (31:15):
This Ifan Lane National Cattleman's Beef Association with US Well
Friends the EPA held a virtual meeting on the twenty six,
twenty seven r VO proposal. Chad Smith has our story.
Speaker 11 (31:26):
Growth.
Speaker 16 (31:26):
Energy CEO Emily Score testified this week at a virtual
hearing hosted by the Environmental Protection Agency. The topic was
the agencies proposed twenty twenty six twenty twenty seven RVO
proposal for biofuel blending obligations under the Renewable Fuel Standard.
Score said the RFS is an economic engine for rural America.
Speaker 28 (31:48):
I finalized these rvos would unlock investments, create jobs, and
support growth in rural America by expanding our country's renewable
fuel production and use by setting conventional biofuel blending volumes
at fifteen billion gallons for each of the next two years.
This proposal will create the kind of certainty that spurs
innovation and truly unleashes American energy.
Speaker 16 (32:08):
Dominance score said Growth Energy is pleased that the Trump
administration and the EPA started the twenty twenty six twenty
twenty seven discussion with a strong RVO proposal.
Speaker 28 (32:20):
This is the strongest RFS proposal that we've seen, with
the highest volumes ever, showing this administration's commitment to American
biofuel producers and the farmers that depend on them. EPA
deserves recognition for starting this conversation on such robust terms,
But how the agency decides to handle small Refinery exemptions
or sres will ultimately determine how much rural America benefits
(32:41):
from this proposal. But we remain vigilant and concerned about
the nearly two hundred sres still pending from past compliance years.
We agree with our colleagues at the American Petroleum Institute
that these exemptions should be granted sparingly and limited only
to cases where actual disproportionate economic harm from compliance with
the RFS can be demonstrated.
Speaker 16 (33:00):
There are other steps the EPA can take to improve
biofuel use in America.
Speaker 28 (33:05):
The agency should clear the backlog of pathway approvals for
renewable fuel. It should work with Congress to support permanent,
year round access to E fifteen, and finalize its proposal
to simplify E fifteen infrastructure.
Speaker 16 (33:16):
And labeling requirements.
Speaker 28 (33:17):
But most importantly, the agency must finalize this proposal while
making it clear that SRES will not be granted recklessly
and that any gallons lost to SRES will be made
up in the market. Only with these pieces in place
can this proposal truly deliver the game changing impact the
President wants it to have and that the nation's biofuel
producers and rural communities are counting on.
Speaker 16 (33:37):
Again. Emily's score is the CEO of Growth Energy, Chad
Smith reporting.
Speaker 1 (33:42):
Farmer user this morning, you're listening to Aglife.
Speaker 11 (33:48):
Probably Egg Information Network. This is your agribusiness update. President
Trump is once again emphasizing his willingness to protect American
farmers who rely on immigrant workers to operate their farms.
At a rally last week, the President said he would
allow farmers who hire migrant workers to take charge and
permit their workers to remain in the country, But News
Nations says this plan would not create a path to
(34:11):
citizenships that many immigrant advocates wanted just protect them from
being detained. These Centers for Disease Control has ed its
emergency response to bird flu as the outbreak that sickned
dozens of people, spread to cattle, and drove up egg
prices has abated. The CDC is combining bird flu updates
with the routinely reported seasonal influenza and infections, and will
(34:31):
post the number of people monitors and tested for H
five N one every month. Some of the hardest hit
states are also slowing their reporting efforts. Ex Secretary Brook
Rawlins joined several Cabinet members to announce the next pillar
of her Make Agriculture Great Again Initiative, USTA's National Farm
Security Action Plan. The initiative covers several critical areas. It
(34:52):
secures and protects American farmland, enhances agricultural supply chain resilience,
and protects the US nutrition safety net from f broad
and foreign exploitation. Rowlin says, We'll never let foreign adversaries
control our land, or labs, or our livelihoods.
Speaker 25 (35:07):
You've probably been told that to reach a millennial farmer,
you have to go digital. Hmm, Facebook, Vimeo, YouTube, Instagram, pinterest,
LinkedIn and online publication or maybe a podcast hmm, but
which one?
Speaker 20 (35:22):
Oh?
Speaker 25 (35:22):
And how receptive is this age group to your sales
pitch during non work social time. Maybe the best place
to reach a farmer with a farming solution message is
when they are well, quite frankly farming. You know, it's
easy for us to find them during the day, as
most farmers are behind the wheel of a pickup truck
or farm equipment with the radio on. Listening to this
(35:44):
station for the AG Information Network of the West News.
If you'd like to deliver information about your terrific product
or service, give us a call and we'll connect you
directly with our community of loyal farmer listeners. Reach real
farmers right here, right now as they listen to what
is important to their farm operation. They trust us, They'll
trust you.
Speaker 11 (36:05):
From the AG Information Network. I'm Bob Larson with today's
agribusiness update.
Speaker 1 (36:12):
Bob Quent back to wrap up AGLI for today friends.
While private lenders and lending companies supporting home ownership in
rural America were honored recently by the USDA, Rod Main
has our.
Speaker 2 (36:23):
Story recognizing specific supporters of rural homeownership. The intent behind
a recent ceremony at USDA headquarters in Washington, d C.
For the Rural Development National Lender of the Year Awards.
Speaker 29 (36:36):
We joined together to make home ownership possibility for the
rural community. Owned service by one of the lenders that
won our award.
Speaker 2 (36:43):
That's our d Single Family Housing Guaranteed Loan Program Executive
Director Igrid Ripley. She says awards were given in numerous
categories to individual lenders and lending companies for their work
in advance a rural homeownership.
Speaker 29 (36:58):
Our Guarantee LOW program is is a one hundred percent
financing loan program for rural areas and it's specifically designated
to rural areas. As characteristics of the rural program, we
have a great relationship.
Speaker 21 (37:11):
It's one of the.
Speaker 29 (37:11):
Best PPP programs, meaning public private partnership between the lenders ourselves.
Speaker 2 (37:17):
Explaining further that relationship between private lenders at Rural Development
with a Single Family Housing Guaranteed Loan programs, they.
Speaker 29 (37:26):
Are our boots in the ground per se. They are
marketer our program. They actually originate the loans, they service
those loans. All we do is guarantee those loans. So
we're very appreciative of the work that they do for
our rural.
Speaker 2 (37:39):
Community, providing examples of various aspects of the program. National
Lender of the Year recipients. Harry Rodriguez of HR Mortgage
of Puerto Rico serves the mostly rural population of the Commonwealth.
Speaker 17 (37:51):
When I first got into this, what I wanted to
do with my life was help people, and the best
way that I found at the time was getting to
the loan industry and the mortgage business. And I don't
think there's a product out there that really helps out
the borrower as much as the USCA loan program. It's
amazing seeing those phases of people telling them, Yeah, your
loan got approved, you don't have to put as much
money down as you got and you can buy a house.
Speaker 29 (38:11):
It's possible.
Speaker 2 (38:12):
Chris garn of American Financial Resources of New Jersey offers
a ditch within the single Family Guaranteed Loan program.
Speaker 30 (38:20):
We found a couple of different challenges in the having
market the last couple of years, portability and sebentory. We've
really leveraged the USDA product to combat boat. Part of
the affordability issue is that there aren't a lot of
houses and so having prices increased, and we've leveraged the
USDA's one time Closed Construction product or to help those
consumers who are unable to find an existing home help
(38:41):
them build a new one using one hundred percent financing
and the ability to both buy a lot and then
finance the construction of a brand new home.
Speaker 2 (38:49):
Rod Bain, reporting for the US Department of Agriculture in Washington,
d C.
Speaker 1 (38:54):
With that, friends, out of time for today, thanks for
joining us back Monday morning with another edition of Bag
Life
Good morning, Valley. This is Iglife. My name is Bob Quinn,
with you for the next hour talking about agricultural production
here in the valley in all across the country. We
start off with a look at the hog numbers with rod.
Speaker 2 (00:12):
Main more hogs and pigs inventory as of June first.
That's the indication per USDA's latest quarterly Hogs and Pigs
Report USDA Livestock ls Michael mccattell starts by breaking down
the numbers.
Speaker 3 (00:25):
There was seventy five point one four million hogs and
inventory as of June first. That's just slightly more than
last year, less than one percent. For breeding purposes, there
is five point nine eight million hogs, down slowly from
last year's six point h one.
Speaker 2 (00:38):
As for the US pig crop for the tide frame
of March through May, there was.
Speaker 3 (00:42):
Two point nine to one million failings, which is about
slightly less than last year. However, that was more than
off set by a fish for litter rate of eleven
point seventy five which is two percent higher than last year.
So all that resulted in a pig crop in the
last quarter of about thirty four point one seven million pigs.
Speaker 2 (00:57):
So what were the whys behind the numbers and the
June quarterly Hogs and Pigs report.
Speaker 3 (01:02):
Markets have been indicating that we've are a little bit
tighter hog supplies over the past couple of months, but
this seems to indicate that for the second half of
twenty twenty five and perhaps into nearly part of twenty
twenty six, we should see a little bit of growth
in the hog supplies as those hogs that were born
in the past couple months come to market.
Speaker 2 (01:15):
While the breeding herd has been stable the last couple
of years.
Speaker 3 (01:19):
We're getting more hogs by having more and more pay
state per litter in that higher litter rate, that should
bring more hogs into the production system and should be
supportive of pork production the second half of twenty five
and into twenty six.
Speaker 2 (01:28):
And McConnell adds that consisted higher pigs per litter rate
growth over the past couple of years is a continuation
of a longer term trend.
Speaker 3 (01:37):
As producers kind of improve their management practices, improve the
technology to basically increase with the productivity that they get
out of each litter.
Speaker 2 (01:43):
Another factor in the rise in hogs and pigs inventory
as of Jude first.
Speaker 3 (01:47):
Some of the other competing animal proteins. In particularly the
beef market has been relatively tight and we've seen strong
prices there, so that has been supportive for other species.
And pork prices are one of those as a market
where we're seeing some benefits in term of the higher pork
prices as a result of higher bee prices that might
be giving some signals to producers to kind of give
them the go ahead to maybe increase their production.
Speaker 1 (02:05):
Outlook.
Speaker 2 (02:06):
Rod Bain, reporting for the US Department of Agriculture in Washington.
Speaker 4 (02:10):
D C.
Speaker 1 (02:11):
This is Aglife. Good morning, Valley, This is Aglife. My
name is Bob Quinn, with you for the next hour
talking about agricultural production here in the valley and all
across the country. Well, friends, extreme heat nationwide means not
just rising temperatures, but rising concerns about crop and livestock.
Rod Bain starts us off.
Speaker 2 (02:29):
The first week of astrological summer twenty twenty five caved
with it unusual for several parts of the country, extreme
heat wave, triple digit heat in several locales, and as
USDA be urologist Brad Rippy.
Speaker 5 (02:44):
Believes, we're just getting started here. I think is going
to turn out to be rather hot summer for the
nation as a whole.
Speaker 2 (02:49):
That's because of a weather phenomenon created when extreme heat
becomes established in the country, and with consideration just how
early such high temperatures were recorded in the season.
Speaker 5 (03:00):
When you see early heat like this, it tends to
move around but does not ever really go away, And unfortunately,
that's what we're looking at.
Speaker 2 (03:07):
For instance, extreme heat in the eastern US subsides after
a multi day period, only for such conditions to re
emerge in regions like the west and central parts of
the nation. And while heat may fluctuate to extreme temperatures,
high humidity appears to remain constant. What do these current
and projected weather treads meed regarding potential agricultural impacts? Rippy
(03:29):
says for livestock, sometimes they.
Speaker 5 (03:31):
Come with some expense to the cattle. They are not
quite acclimated to the heat at this point. Some animals
may still have a portion of their winter coats, and
with that lack of cooling ability, that can create a
very stressful situation.
Speaker 2 (03:41):
Compounded by the extreme humidity and in places overnight low
temperatures in the upper seventies and low eighties.
Speaker 5 (03:48):
The nighttime cooling or lack thereof is creating quite a
stressful situation for livestock and will have to continue to
monitor the animals as we move into July. As this
heat wave looks like it will continue across many parts
of the country.
Speaker 2 (04:00):
For crops corn and soybeans especially, they remain safe for now,
as on average they have not reached the reproductive stage
of development and in many parts of the cornbilt still
have surplus top soil boisture.
Speaker 5 (04:12):
However, we'll continue to watching this heat as it coomes
more potentially critical for corn and soybeans moving into July.
Speaker 2 (04:18):
Pasture and rangeland conditions are divided as extreme heat continues
into July. As of the USDA Condition Report for the
period ending June twenty second, east of the Mississippi River
with more favorable conditions, while drought impacts in several states
west of the Mississippi drove poor conditioned ratings at rippy notes, if.
Speaker 5 (04:37):
You're looking for any intelligence on how ongoing heat and
humidity are affecting rangeland pastures, you'll have to wait a while,
and there's going to be a delay anyway on some
of the impacts.
Speaker 2 (04:45):
Broad Bane reporting for the US Department of Agriculture in Washington,
d C.
Speaker 1 (04:50):
Well, friends, coming up a look at oil prices both
past and moving forward, and the USDA has unveiled a
plan to keep agriculture and the food supply safer. We'll
talk about that. That's ahead on ag Life. Bob Quinn.
Here were some farm news this morning, friends, saying the
first six months of the year have been active when
(05:10):
it comes to oil prices may be an understatement. It
should come as no surprise that trade has been one
of the biggest pressures moving oil prices, but not the
only one. Patrick de'han of gasbuddy dot com says the
Trump administration's change in relationship with OPEK allowed for more
oil production, which he called a game changer.
Speaker 6 (05:30):
Without that, oil prices probably would not be anywhere near
where they are today at about sixty five dollars a barrel.
OPEK had cut oil production back in twenty twenty three,
and so to see OPEK raising production this year certainly
has been surprising and a large part of why gasoline
prices are lower.
Speaker 1 (05:47):
When it comes to the second half of the year,
dehan says oil prices could struggle.
Speaker 6 (05:52):
As OPEC's increased production will start to lead to more
supply at a time of year that demand is starting
to decline. So hopefully the second half of the year
will be a little bit quieter than the first half
in terms of geopolitical tensions. Will still keep an eye
on Russia, but for now Russian oil output does continue
at brisk levels. So I think that all is going
to lead to a second half of twenty twenty five,
(06:13):
at least for oil markets, maybe a little bit more
bearish than the first half of the year.
Speaker 1 (06:17):
Earlier this week, West Texas crude trading slightly lower than
sixty seven dollars a barrel, while Brent crude was also lower,
trading near sixty nine dollars a barrel.
Speaker 7 (06:28):
Well.
Speaker 1 (06:28):
Friends of USDA announced a new Farm Security Action plan
that covers several areas of US agriculture. It's a seven
step plan designed to protect America's farms and the food supply,
which in turn will protect national security. Jim Pillin, Nebraska Governor,
was in Washington, d C. To hear the official announcement.
Speaker 4 (06:49):
The whole issues about rural economic revitalization, the whole issues
about family farms being successful and being protected because, as
we said, family farm security it's to food security, which
equates to national security. They're really really important and with
partnerships with the USDA, nobody can execute it and do
it better than what the States can. And that's why
(07:11):
Governor how could be Sanders from arkans I was invited
to it as well as Governor Bill Lee from Tennessee,
as well as myself, because we've worked hard on taking
productive steps.
Speaker 1 (07:21):
Helen said, there's never been a national safety plan like
this that includes agriculture.
Speaker 4 (07:27):
Yeah, exactly. I mean, I think that for all of
us that have spent our lifetime in agriculture, it's pretty
inspiring because food security is a big deal. It's really
really important for the long term success of the State
of Nebraska in the long term success of our country
so that we can have great quality of life for
a long term. If we don't have food security, we
don't have national security. It's a severe problem.
Speaker 1 (07:47):
Nebraska is taking its own steps to protect agriculture within
its borders.
Speaker 4 (07:52):
We're getting the traininge equipment off telecommunication towers. Obviously that's
in the execution phase and that's been going on two years.
Should be taking cure than Second place is making sure
that the legislature has been effected that nobody from porn
adversary countries can buy land. And then the third step
would be if there is land owned by anybody from
porn adversaries, that we can take care of.
Speaker 1 (08:14):
The Nebraska Governor Jim Pillin with us. The tax provisions
in the recently passed One Big Beautiful Bill benefit agriculture
and more specifically US cattle producers. Ethan Lane, senior vice
president of government Affairs for the National Cattlemans Beef Association,
talks about some of the most important tax implications.
Speaker 8 (08:34):
It's always in Washington important how you talk about something.
Speaker 7 (08:37):
Right.
Speaker 8 (08:37):
We're not doing new tax cuts. We're maintaining the current
tax system and building on some of those areas that
have been really successful. You know, one thing you hear
about no matter where you go in the country is
escalating land values with cattle producers. What was three thousand
dollars an acre farm ground has not been for quite
some time, and so that really has an impact on
generational transfer, on family planning. It's why the Cattle in
(08:59):
Is has been leading the charge on repeal of the
death tax.
Speaker 1 (09:03):
It increases the estate tax exemption and makes other tax
cuts permanent. Now The legislation also includes many provisions that
would have been in the Farm Bill, as some consider
this part of the Farm.
Speaker 8 (09:14):
Bill, the Farm Bill one point zero being the reconciliation provisions,
the one big bilt Beautiful Bill provisions, and then a
sort of Farm Bill two point zero then being necessary
to deal with all those things that don't meet the
threshold for inclusion in this.
Speaker 1 (09:27):
Ithan Lane, National Cattleman's Beef Association with US Farm News.
This morning, you're listening to AG Life.
Speaker 9 (09:35):
It's another Agnews update. We've seen a weaker dollar this year.
Is that good or bad?
Speaker 1 (09:43):
More?
Speaker 9 (09:43):
After this, this is Shaquille O'Neill reminding you that anytime
is a good time for the cooling, drying fresh in
of gold bond powder spray, like after the gym.
Speaker 10 (09:53):
Elevator ride, golf, working with five animals.
Speaker 2 (09:58):
Or hard day's work.
Speaker 11 (09:59):
Stay cool with gold bomb, pot of spreads.
Speaker 9 (10:01):
Gay come talking the weak dollar, Richie Torre's representative from
New York with FED chair Jerome pal Furepower.
Speaker 12 (10:12):
Following the so called Liberation Day tariffs in early April,
we saw something the US economy had not seen in decades,
a flight not to the US dollar as a safe
haven but away from it. And since President Trump's inauguration,
the US Dollar index has fallen by nearly ten percent,
marking the worst first half performance for the dollar since
nineteen eighty six. At the same time, Japan, America's largest
(10:35):
sovereign creditor, just saw the worst twenty year Japanese government
bond auction since the nineteen eighties, raising fears that it
could reduce its holdings of US treasuries. Given these developments,
do you believe, as I do, that the US may
be transitioning from a period of dollar dominance to a
period of dollar decline.
Speaker 13 (10:53):
Well, let me say we FED does not have responsibility
for the dollar, and that's really the Treasury.
Speaker 12 (10:59):
But I'm asking for your analysis.
Speaker 9 (11:00):
I wouldn't.
Speaker 13 (11:01):
I wouldn't. I wouldn't make that statement. No, I think
it's things have been volatile, the markets are digesting things,
and I think, you know, the treasury market's been fined
by many measures, that the dollar is still you.
Speaker 12 (11:13):
Feel the safe haven status of the dollars as strong
as it's ever been.
Speaker 13 (11:16):
I think it's I think the dollar is still the
number one safe haven currency, and I don't think it's
you know, I would say these narratives of decline are
premature and a bit overdone.
Speaker 9 (11:27):
It's another agnews update.
Speaker 14 (11:29):
Here's farmer and landowner John Prouve.
Speaker 15 (11:32):
We purchased the land about three years ago and there
was an old farmstead on there with trees, and you're
going to clear the lands. We could farm through it.
We thought we knew where the pipe was, so we
didn't call to get it located. The work on our
property led to the damage of a light crude pipeline.
Unfortunately no one was hurt, but it could have been
much worse.
Speaker 14 (11:47):
Never assumed the location or depth of underground lines. Always
call eight one to one or visit click before you
dig dot com before you start work. A message from
the pipeline operators for egg safety campaign.
Speaker 9 (11:58):
American cause, what's the importance of grazing on federal lands?
More after this.
Speaker 16 (12:08):
When you look at me, you might see a person
with Parkinson's disease.
Speaker 8 (12:12):
But if you look closer.
Speaker 16 (12:14):
You'll see a warrior mom, an endurance athlete.
Speaker 11 (12:17):
Someone with a lot of fight.
Speaker 17 (12:19):
Every nine minutes, someone is diagnosed with Parkinson's disease.
Speaker 18 (12:23):
And every one of them can turn to the American
Parkinson Disease Association look closer.
Speaker 11 (12:28):
My spirit is unshakable.
Speaker 18 (12:30):
Visit ap DA Parkinson dot org to learn more and
show your support today.
Speaker 9 (12:36):
Caitlin Glovers with the Public Lands Council Livestock.
Speaker 19 (12:40):
Grazing controls those fine fuels that support in a backwards way.
They support ignition of these big fires, and these fires
then get rolling. They have such momentum. That's why they
become so hot, so fast moving, and so catastrophic. You know,
and for a long time. One of the things that graters,
that ranchers have fail is this sort of you know,
(13:02):
being a second tier tool, a second class tool. The
federal agencies have always preferred chaining or other mechanized efforts,
prescribed fire or even herbicides because it's more standardized. Right,
But this role of target grazing, this expansion of using
grazing animals to conduct find fuels management at scale is
(13:22):
gaining traction. We have more than a handful of bills
this Congress alone. We have very clear direction from the
Secretary of the Interior in a recent memorandum. We have
an executive order from President Trump identifying the need for
USDA and DOI to work better together in not only
putting these fires out, but preventing the catastrophic conditions and
(13:44):
from those fires becoming too big. And so, whether you're
talking about sage grouse, or you're talking about fire and
fuels management, or you're even just talking about protecting watersheds,
right from a various number of factors, you're really grazing
having a moment, right, not just goats in city parks,
but it's cows and sheep and technology and drones and
(14:06):
satellites and all of the big scientific and technology pieces
coming together with one of the most traditional, reliable, effective
tools in grazing, and it's.
Speaker 9 (14:18):
Exciting American Cattle News.
Speaker 11 (14:25):
This is Dairy Radio Now feed Form Friday.
Speaker 12 (14:28):
With doctor Mike Kutchens Professor Emeredis from the University of Illinois.
Speaker 20 (14:32):
Hello, Mike, Well, we'll come.
Speaker 21 (14:33):
To today's feed Forum and our topic for today is
summer has arrived, and certainly when summer arises, we can
face some very interesting temperatures around the United States. We're
seeing now temperatures that are reaching ninety degrees fahrenheit and
some of these areas also has seventy percent humidity, and
certainly that impacts both dairy cattle on the farm and
(14:54):
crops that are being raised on the farm equally as well. Well,
let's talk about a couple of different aspects of this bill.
If we can't and heat stress, for example, affects all
dairy cattle on the farm, one index that we can
watch would be the heat index and heat index. Basically,
if you take this temperature of fahrenheights and humidity, add
those two together and divide by two, that gives you
an index, and when that never goes over sixty eight,
(15:16):
that means your dairy cattle are facing heat stress. So
if I had ninety degrees fahrenheit today and seventy percent humidity,
that would add up to one hundred and sixty divided
by two, and that'd be eighty. So certainly these cows
are under heavy heat stress. Another thumberer we can take
a look at is watching that the respiration rate or
breasts permitted under sixty. Basically, cows are very normal or
cattle would be normal. If it reaches eighty breasts permitted,
(15:39):
then we'll start seeing decrease about six pounds of milk
production and dictating cows, a decreased growth performance and caves
and heifers, and an increase in body temperature up to one
hundred and three one hundred and four degrees it goes
over ninety breasts permitted. Now we can see temperatures going
up another degree, up to one hundred and four hundred
and five degrees a fahrenheit and dropping nine pounds of milk.
And of course those higher ten buters really affect fertility
(16:01):
in cattle, resulting in poor for conception rates and maintenance
pregnancy and animals. We know that when dry matter intake
goes down during this heat stress period, which really increases
the requirements for these cows primarily because of increase of
maintenance roughly ten or fifteen percent higher increase because cows
have to spend or cattle has to spend more nutrients
(16:22):
to remain cool out there on the feeding program. Also
there's some shifting of blood flow. The cow knows she
needs to dissipate the heat, trying to get more blood
flow to the external parts of the body, to the skin,
for example, and therefore reduces blood flow to the rumen,
which affects the room in pH And of course the
reproductive tracts equal in terms of fertility. So some of
the strategies that you and I can take a look
(16:42):
at would include such things as looking at decad getting
that dietary Catie difference up to plus three hundred mili
equivalents per kilogram of dry matter monenzen in the feeding
program that increases glule close production, which is really important.
We have feed additives now that will actually do some
neat things with preventing leakage in the coln and increase
(17:04):
the rum and undegraded protein that means more aminium acids.
And perhaps consider adding fat to the dye which increves
energy dynamics as well. Heifers and caves are also affected
by heat stress, reducing growth and dry matter intake. Dry cowls.
Not only are they affecting the dry cowl, but also
affecting the unborn calf. Being smaller, calves lower birth weights,
and the cows will produce about eight to ten pounds
(17:26):
list milk in the next flactation as well. Heat damage
can be another factor on crops. If it gets very dry,
we drought plants can de and plants under a great
deal of heat stress, you may want to capture them
as dry matter. What watch the dry matter at harvest window.
Hail damage has occur in parts of the United States,
which can really damage plant materials. If the leaves are
(17:47):
severely damaged, it will reduce growth in performance. And heavy
rains another area of the United States six to ten
inches of rain. It can occur over a twenty four
hour period of time and plants can go under water,
resulting in soil contamination. So our take on messages Arm
number one. Try to reduce heat stress on cattle. Evaluate
craps have been damaged by the weather at this point,
(18:07):
and make a good town decision. Thanks, have a great day.
Speaker 2 (18:11):
Kicking off a year long celebration leading up to the
two hundred and fiftieth anniversary of the United States in
twenty twenty six, we will have a.
Speaker 7 (18:18):
Celebration worthy of the anniversary across this entire next year.
Speaker 2 (18:22):
This announcement by Agriculture Secretary Brook Rawlins during up two
hundred and fiftieth Anniversary kickoff event in Iowa, we will have.
Speaker 7 (18:29):
In August the biggest, most amazing American Farmers Market in
the history of our country in Washington on the National Mall.
Speaker 2 (18:37):
The August third through sixth event includes market opportunities for
producers and vendors from all fifty states, with Secretary rawlins
offering this invitation every.
Speaker 7 (18:46):
Farmer, every rancher, every producer from every state who sell
their beautiful crops and their products, and their pork and
their beef to join us in Washington during National.
Speaker 16 (18:54):
Farmers Market Week.
Speaker 2 (18:55):
Details about the Great American Farmers Market are available online
at www dot USDA dot gov. Rodbain reporting for the
US Department of Agriculture in Washington, DC.
Speaker 22 (19:08):
Recycling almond holes and shells back in the orchard it
could help those soils. I'm Patrick Kavanaugh with the California
Tree Nut Report, part of the Egg Information Network. Christopher
Simmons is the Department Chair and professor in the Department
Food Science and Technology U see Davis we as Simons.
How does it all work? You know, with almondholes and
shells back in the soil, there.
Speaker 23 (19:29):
Could be multiple things going on here. There's some organic
acids and flavonoids within the almond hole that may directly
inhibit pests in the soil. Additionally, and perhaps there are
benign microorganisms in the soil that start to break down
and metabolize these amendments and they produce organic acid fermentation
products that are very depth known biopesticides against a wide
(19:50):
range of pests and pathogen, including nematodes. They are also
kind of sucking the oxygen out of the soil, and
that too can be lethal to a wide range of
pests like nematodes and we as.
Speaker 22 (19:59):
Simons off the holes and shells actually provided some nitrogen
to the soil for the trees.
Speaker 23 (20:03):
Uptake depends on how much nitrogen is in the amendments,
and so if there's organic nitrogen in there, then that
can mineralize into ammonium and nitrate as part of this process.
Speaker 22 (20:13):
In more news, a relatively new insect called the brown
marmorade to stink bug can cause feeding damage in peaches
and almonds. It's expanding its territory throughout the state that
developing nuts are particularly at risk, and feeding typically is
from March through July, leading to significant nut drop. It's
always something to keep an eye on.
Speaker 24 (20:31):
Farm work is tough, and so is staying safe on
the road. Every year, accidents happen when tractors and traffic
share the same space, whether you're behind the wheel of
a tractor or a car. Here's what you need to remember.
Tractors move slower, be patient, don't pass on hills or curves. Farmers,
make sure your slow moving vehicles, signs and lights are
visible and everyone's sailor, especially on rule roads. One moment
(20:52):
of caution can save a life. Let's work together to
keep our roads and are farm safe. This message was
brought to you by the AGG Information Network.
Speaker 25 (21:00):
For over forty years, the AG Information Network has been
providing news and information for the most important industry in
the world, agriculture. The AGG Information Network gives you worldwide
updates from local producers to regional organizations, from major crops
like wheat and corn, to animal agriculture to specially crops
like apples, almonds, and cherries. We report on stories that
(21:20):
mean the most to you online at aginfo dot net.
The AGG Information Network trusted and transparent journalism lasting for
the next generation.
Speaker 22 (21:28):
With the AG Information Network, I'm Patrick Kavanaugh.
Speaker 20 (21:33):
America's specialty crop growers often face challenges that are unique
to their segment of agriculture. John Walt boat Wright, director
of Government Affairs for the American Farm Bureau Federation, says
the USDA has acknowledged these challenges through the marketing of
Systems for Specially Crops Program.
Speaker 26 (21:51):
A program designed specifically to help specially crop growers deal
with their rising input costs and volatile markets. USDA created
this program in December twenty twenty four and opened up
an application period four specialty crop growers, specifically growers with
commercially marketable specialty crops as defined in the program. When
(22:13):
we talk about specialty crops, we're talking primarily about fruit,
vegetable and nut crops, from rising labor costs to losing
markets for a variety of different reasons to invase the
pest and disease pressure. There are a lot of unpredictable
factors involved in growing domestic fruit and vegetables in the
United States.
Speaker 20 (22:31):
While the current enrollmup period has closed, farmers who think
they may fit the program requirements are encouraged to keep
an eye out for the future USDA announcements.
Speaker 26 (22:41):
The goal hopefully is to pay attention to USDA announcements
to see whether or not they may open this back up.
The hope is that also growers will funnel up any issues,
any feedback, good or bad, to improve upon the good
work that they've already done.
Speaker 20 (22:56):
Again. That is John wald Boat Right with the American
Farm Bureau Federation, USDA AGG Secretary Brook Rollins announced risk
based port reopenings for cattle, bison, and horses for Mexico
is under wave the USDA. After extensive collaboration between the
Animal and Plant Health Inspection Service experts and their counterparts
(23:18):
in Mexico to increase New World screwworm surveillance, detection and
eradication efforts has begun with phase reopening to the southern
ports starting with Douglas Arizona. Progress has been made in
several critical areas since the ports were closed on May eleventh,
including the resolution of challenges with conducting flights in Mexico
(23:40):
that allowed the USDA team to consistently conduct sterile New
World screwworm flight dispersals seven days a week and the
dispersal of more than one hundred million flies each week.
The National Cattleman's Beep Association announced support for the USDA's
plan two strategically reopened key ports of entry to shipments
of live cattle by US and horses. National Cattleman's Beef
(24:02):
Association's CEO, Colin Woodhall, said the National Cattleman's Beef Association
and their state affiliates have spent months working with the
USDA to safeguard the us cattle industry from the threat
of New World screw worm Farmers Sediment weekend in June,
Following two months of improvement, the Purdue University CMA Group
ag Economy Barometer dropped twelve points from May to one
(24:25):
forty six. In June, a change in producer's expectations for
the future served as the primary factor in the ship.
The index of future expectations sank eighteen points to one
forty six. Now, the current conditions index only lost two
points to one forty four, a drop and optimism about
future agricultural exports seems to have influenced producers weakened outlook.
(24:49):
Even with the June declines, all three indexes persist at
higher levels when compared to a year ago.
Speaker 4 (24:54):
Now.
Speaker 20 (24:55):
The Farm Financial Performance Index that was down five points
to one oh four, with producers projecting a slight or
weaker financial outlook for their farms in June compared to May,
and index about one hundred indicates the US farmers expect
a stronger financial performance in twenty twenty five compared to
twenty twenty four. And the Farm Capital Investments Index that
(25:17):
was up five points in June to sixty points. The
USDA's National Agricultural Statistics Service has mailed out the July
Cattle Survey to about eighteen thousand cattle operations nationwide to
provide an up to date measure of the US cattle
inventories now. This is the first July Cattle Survey mailed
to producers since the reinstatement of key reports was announced
(25:40):
earlier this year. NOWS Livestock Branch chief at Travis Avril
says the information helps producers make timely in foreign business
decisions and plan for her expansion or reduction. It also
helps packers and government leaders evaluate expected slaughter volumes for
future months and determined potential supplies for exports. During the
(26:00):
first two weeks of July, US cattle producers will have
the opportunity to report their beef and dairy cattle inventories,
cab crop death laws, and Cattle on Feed information, and
then the July Cattle on THEED report that'll come out
on July twenty fifth at two o'clock in the afternoon.
I'm Dwayne Merley.
Speaker 10 (26:19):
It's time for California Egg Today on the ag Information Network,
I am Hailey's ship. The Big Beautiful Bill Act is
now officially law Following President Trump's signature on July fourth,
the sweeping legislation passed both the House and the Senate
and is drawing mixed reactions from key farm groups. The
(26:39):
American Farm Bureau Federation is calling it a major win.
President of Zippy duval praised lawmakers for modernizing farm safety
net programs and making critical tax provisions permanent, saying the
move could be the difference between staying in business or
shutting down the family farm, with more than half of
US farms currently losing money. He says increased reference prices
(27:02):
and expanded tax tools offer stability for both the coming
season and future generations. But not everyone is celebrating. National
Farmers' Union President Rob LaRue welcomed the bills investments in biofuels, conservation,
and family farm viability, but said those gains come with
harmful trade offs. He warned that cuts to SNAP and
(27:24):
Medicaid will have ripple effects, saying farm policies should unite US.
This approach undermines the foundation of the farm bill. Both
groups agree more work is needed, their urging Congress to
follow through with a comprehensive farm bill that addresses the
full scope of challenges facing Rural America.
Speaker 27 (27:43):
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(28:04):
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Speaker 25 (28:10):
For the last forty years, the AG Information Network has
been the source of news for farmers and ranchers. Yet
we have never seen such an assault on farming and
our food supply as we do today, from fuel to fertilizer.
Farmers are facing unprecedented economic challenges. This is why agriculture
news that farmers receive comes from the AG Information Network,
reaching coast to coast, deep roots and farming. In decades
(28:33):
of reporting, the AGG Information Network trusted and transparent journalism
for generations.
Speaker 10 (28:39):
On the AG Information Network, I am Hatley's ship, Bob.
Speaker 1 (28:43):
When here were some farm news this morning, friends, saying
the first six months of the year have been active
when it comes to oil prices may be an understatement.
It should come as no surprise that trade has been
one of the biggest pressures moving oil prices, but not
the only one. Patrick Dehan of gasbuddy dot Com says
the Trump administration's change in relationship with OPEK allowed for
(29:04):
more oil production, which he called a game changer.
Speaker 6 (29:07):
Without that, oil prices probably would not be anywhere near
where they are today at about sixty five dollars a barrel.
OPEK had cut oil production back in twenty twenty three,
and so to see OPEK raising production this year certainly
has been surprising and a large part of why gasoline
prices are lower.
Speaker 1 (29:24):
When it comes to the second half of the year,
Dihan says oil prices could struggle.
Speaker 6 (29:29):
As ope's increased production will start to lead to more
supply at a time of year that demand is starting
to decline. So hopefully the second half of the year
will be a little bit quieter than the first half
in terms of geopolitical tensions. Will still keep an eye
on Russia, but for now Russian oil output does continue
at brisk levels. So I think that all is going
to lead to a second half of twenty twenty five,
(29:50):
at least for oil markets, maybe a little bit more
bearish than the first half of the year.
Speaker 1 (29:54):
Earlier this week, West Texas crude trading slightly lower than
sixty seven dollars a barrel, while Brent crude was also lower,
trading near sixty nine dollars a barrel. The tax provisions
in the recently passed One Big Beautiful Bill benefit agriculture
and more specifically, US cattle producers. Ethan Lane, senior vice
(30:14):
president of government Affairs for the National Cattleman's Beef Association,
talks about some of the most important tax implications.
Speaker 8 (30:22):
It's always in Washington important how you talk about something. Right,
We're not doing new tax cuts. We're maintaining the current
tax system and building on some of those areas that
have been really successful. You know, one thing you hear
about no matter where you go in the country is
escalating land values. With cattle producers. What was three thousand
dollars an acre farm ground has not been for quite
some time, and so that really has an impact on
(30:44):
generational transfer, on family planning. It's why the cattle industry
has been leading the charge on repeal of the death tax.
Speaker 1 (30:51):
It increases the estate tax exemption and makes other tax
cuts permanent. Now The legislation also includes many provisions that
would have been in the Farm Bill, as some consider
this part of the Farm Bill.
Speaker 8 (31:02):
The Farm Bill one point zero being the reconciliation provisions,
the one Big Belt Beautiful Bill provisions, and then a
sort of Farm Bill two point zero then being necessary
to deal with all those things that don't meet the
threshold for inclusion in.
Speaker 1 (31:15):
This Ifan Lane National Cattleman's Beef Association with US Well
Friends the EPA held a virtual meeting on the twenty six,
twenty seven r VO proposal. Chad Smith has our story.
Speaker 11 (31:26):
Growth.
Speaker 16 (31:26):
Energy CEO Emily Score testified this week at a virtual
hearing hosted by the Environmental Protection Agency. The topic was
the agencies proposed twenty twenty six twenty twenty seven RVO
proposal for biofuel blending obligations under the Renewable Fuel Standard.
Score said the RFS is an economic engine for rural America.
Speaker 28 (31:48):
I finalized these rvos would unlock investments, create jobs, and
support growth in rural America by expanding our country's renewable
fuel production and use by setting conventional biofuel blending volumes
at fifteen billion gallons for each of the next two years.
This proposal will create the kind of certainty that spurs
innovation and truly unleashes American energy.
Speaker 16 (32:08):
Dominance score said Growth Energy is pleased that the Trump
administration and the EPA started the twenty twenty six twenty
twenty seven discussion with a strong RVO proposal.
Speaker 28 (32:20):
This is the strongest RFS proposal that we've seen, with
the highest volumes ever, showing this administration's commitment to American
biofuel producers and the farmers that depend on them. EPA
deserves recognition for starting this conversation on such robust terms,
But how the agency decides to handle small Refinery exemptions
or sres will ultimately determine how much rural America benefits
(32:41):
from this proposal. But we remain vigilant and concerned about
the nearly two hundred sres still pending from past compliance years.
We agree with our colleagues at the American Petroleum Institute
that these exemptions should be granted sparingly and limited only
to cases where actual disproportionate economic harm from compliance with
the RFS can be demonstrated.
Speaker 16 (33:00):
There are other steps the EPA can take to improve
biofuel use in America.
Speaker 28 (33:05):
The agency should clear the backlog of pathway approvals for
renewable fuel. It should work with Congress to support permanent,
year round access to E fifteen, and finalize its proposal
to simplify E fifteen infrastructure.
Speaker 16 (33:16):
And labeling requirements.
Speaker 28 (33:17):
But most importantly, the agency must finalize this proposal while
making it clear that SRES will not be granted recklessly
and that any gallons lost to SRES will be made
up in the market. Only with these pieces in place
can this proposal truly deliver the game changing impact the
President wants it to have and that the nation's biofuel
producers and rural communities are counting on.
Speaker 16 (33:37):
Again. Emily's score is the CEO of Growth Energy, Chad
Smith reporting.
Speaker 1 (33:42):
Farmer user this morning, you're listening to Aglife.
Speaker 11 (33:48):
Probably Egg Information Network. This is your agribusiness update. President
Trump is once again emphasizing his willingness to protect American
farmers who rely on immigrant workers to operate their farms.
At a rally last week, the President said he would
allow farmers who hire migrant workers to take charge and
permit their workers to remain in the country, But News
Nations says this plan would not create a path to
(34:11):
citizenships that many immigrant advocates wanted just protect them from
being detained. These Centers for Disease Control has ed its
emergency response to bird flu as the outbreak that sickned
dozens of people, spread to cattle, and drove up egg
prices has abated. The CDC is combining bird flu updates
with the routinely reported seasonal influenza and infections, and will
(34:31):
post the number of people monitors and tested for H
five N one every month. Some of the hardest hit
states are also slowing their reporting efforts. Ex Secretary Brook
Rawlins joined several Cabinet members to announce the next pillar
of her Make Agriculture Great Again Initiative, USTA's National Farm
Security Action Plan. The initiative covers several critical areas. It
(34:52):
secures and protects American farmland, enhances agricultural supply chain resilience,
and protects the US nutrition safety net from f broad
and foreign exploitation. Rowlin says, We'll never let foreign adversaries
control our land, or labs, or our livelihoods.
Speaker 25 (35:07):
You've probably been told that to reach a millennial farmer,
you have to go digital. Hmm, Facebook, Vimeo, YouTube, Instagram, pinterest,
LinkedIn and online publication or maybe a podcast hmm, but
which one?
Speaker 20 (35:22):
Oh?
Speaker 25 (35:22):
And how receptive is this age group to your sales
pitch during non work social time. Maybe the best place
to reach a farmer with a farming solution message is
when they are well, quite frankly farming. You know, it's
easy for us to find them during the day, as
most farmers are behind the wheel of a pickup truck
or farm equipment with the radio on. Listening to this
(35:44):
station for the AG Information Network of the West News.
If you'd like to deliver information about your terrific product
or service, give us a call and we'll connect you
directly with our community of loyal farmer listeners. Reach real
farmers right here, right now as they listen to what
is important to their farm operation. They trust us, They'll
trust you.
Speaker 11 (36:05):
From the AG Information Network. I'm Bob Larson with today's
agribusiness update.
Speaker 1 (36:12):
Bob Quent back to wrap up AGLI for today friends.
While private lenders and lending companies supporting home ownership in
rural America were honored recently by the USDA, Rod Main
has our.
Speaker 2 (36:23):
Story recognizing specific supporters of rural homeownership. The intent behind
a recent ceremony at USDA headquarters in Washington, d C.
For the Rural Development National Lender of the Year Awards.
Speaker 29 (36:36):
We joined together to make home ownership possibility for the
rural community. Owned service by one of the lenders that
won our award.
Speaker 2 (36:43):
That's our d Single Family Housing Guaranteed Loan Program Executive
Director Igrid Ripley. She says awards were given in numerous
categories to individual lenders and lending companies for their work
in advance a rural homeownership.
Speaker 29 (36:58):
Our Guarantee LOW program is is a one hundred percent
financing loan program for rural areas and it's specifically designated
to rural areas. As characteristics of the rural program, we
have a great relationship.
Speaker 21 (37:11):
It's one of the.
Speaker 29 (37:11):
Best PPP programs, meaning public private partnership between the lenders ourselves.
Speaker 2 (37:17):
Explaining further that relationship between private lenders at Rural Development
with a Single Family Housing Guaranteed Loan programs, they.
Speaker 29 (37:26):
Are our boots in the ground per se. They are
marketer our program. They actually originate the loans, they service
those loans. All we do is guarantee those loans. So
we're very appreciative of the work that they do for
our rural.
Speaker 2 (37:39):
Community, providing examples of various aspects of the program. National
Lender of the Year recipients. Harry Rodriguez of HR Mortgage
of Puerto Rico serves the mostly rural population of the Commonwealth.
Speaker 17 (37:51):
When I first got into this, what I wanted to
do with my life was help people, and the best
way that I found at the time was getting to
the loan industry and the mortgage business. And I don't
think there's a product out there that really helps out
the borrower as much as the USCA loan program. It's
amazing seeing those phases of people telling them, Yeah, your
loan got approved, you don't have to put as much
money down as you got and you can buy a house.
Speaker 29 (38:11):
It's possible.
Speaker 2 (38:12):
Chris garn of American Financial Resources of New Jersey offers
a ditch within the single Family Guaranteed Loan program.
Speaker 30 (38:20):
We found a couple of different challenges in the having
market the last couple of years, portability and sebentory. We've
really leveraged the USDA product to combat boat. Part of
the affordability issue is that there aren't a lot of
houses and so having prices increased, and we've leveraged the
USDA's one time Closed Construction product or to help those
consumers who are unable to find an existing home help
(38:41):
them build a new one using one hundred percent financing
and the ability to both buy a lot and then
finance the construction of a brand new home.
Speaker 2 (38:49):
Rod Bain, reporting for the US Department of Agriculture in Washington,
d C.
Speaker 1 (38:54):
With that, friends, out of time for today, thanks for
joining us back Monday morning with another edition of Bag
Life
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