IABRN — Media reports in Japan are saying that the parliament is likely to start voting on a trade pact with the U.S. sometime next week. The lower house of the Japanese Diet will take up the pact next Wednesday, while the upper house, called the House of Councilors, will begin considering the deal the next day. A Japan Times report says Japan’s parliament had wanted to hold their votes this week, but complications came about from opposition lawmakers, who demanded that minutes of the meetings between President Donald Trump and Prime Minister Shinzo Abe be released.
IABRN — Dean Foods, America’s largest milk producer, Tuesday filed for Chapter 11 bankruptcy.
IABRN — The Federal Government has until November 21st to fund itself or kick the can down the road. While the choices are being negotiated in the halls of Congress, both the House and Senate have passed Ag funding bills through their respective appropriation committees.
Statewide there were 5.0 days suitable for fieldwork during the week ending November 10, 2019 although winter weather moved across Iowa bringing more snowfall to the northern half of the State according to the USDA, National Agricultural Statistics Service. There were reports across the State concerning propane shortages slowing corn harvest due to the high moisture content of the crop and the need to dry it down. Read more
The milk production forecasts for 2019 and 2020 in the recent WASDE report were raised from the previous month as stronger growth in milk per cow more than offsets a slower expected recovery in the cow inventory.
IABRN — The cattle industry has seen a few good years. A fire at a western Kansas packing plant this summer, however, caused fed cattle prices to drop sharply. After the shock and redistribution of 3,000 head per day to other facilities, the market began to recover.