A Purdue University gauge of farmer confidence plunged by 18 points, its largest drop since the start of the Sino-U.S. trade war, amid rising doubts that a resolution is near, said two economists who oversee the Ag Economy Barometer on Tuesday. The monthly poll of crop and livestock producers …
Half of the producers in a Purdue poll say announcement of Trump tariff payments did nothing to allay their concerns about lost income during trade war with China and other major customers for U.S. ag exports. Some 71 percent of crop and livestock producers expect a decline in farm income from trade conflicts but not as deep as initially feared, according to the Ag Economy Barometer released on Tuesday.
Interior Secretary and Agriculture Secretary Sonny Perdue advocated the thinning of forests and removing brush to eliminate fuel for wildfies during a roundtable discussion in northern California, said the Redding Record Searchlight. The cabinet members said thinning the tree stands in foressts did not mean clear cutting the land.
Plants that grow well often fare poorly in heat or drought, while those that seem to shrug off hot or dry weather often grow slowly; neither type is ideal for crops. Now a Purdue plant scientist “has found the switch that creates that antagonism, opening opportunities to develop plants that exhibit both characteristics,” said the university.
The annual World Food Prize conference opens today in Des Moines, providing a setting for Purdue to launch its post-harvest initiative against food waste. The initiative is a bundle of projects to prevent food loss after harvest, improve nutrition, support food entrepreneurs and build agricultural value chains, says the university.
The Ag Economy Barometer fell to its lowest reading since March as optimism about the future declined, said Purdue University. Some 79 percent of farmers taking part in the monthly gauge of the farm sector said they expect bad times financially in the 12 months ahead – a jump of 11 percentage points in one month.
Just as the spring rally in futures prices brightened farmers' outlook, the summer slump in corn and soybean prices pulled down sharply on the Ag Economy Barometer, say Purdue economists. The monthly survey of producer sentiment fell by 17 points in August for a reading of 95, the lowest since the end of winter.
Mitch Daniels, president of Purdue University, says the school's newly dedicated Indiana Corn and Soybean Innovation Center "will play a big part" in helping to assure enough food for the rising world population. The center is the first field phenotyping facility in North America.
Researchers have discovered a way to push the shelf life of milk from two or three weeks to nine, says Gizmodo. By putting tiny drops of already-pasteurized milk into a high-pressure chamber and quickly raising the temperature of the milk by 10 degrees, scientists at Purdue University and the University of Tennessee killed 99 percent of the bacteria that normally remain after pasteurization.