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Packaging Changes Could Affect Food Prices

  Program 8391  (download mp3)
  Posted on Wed, Jun 27, 2012


Recently, Pioneer Hi-Bred announced that they are going to change the way they sell soybean seed to the farmer. Instead of being sold by the pound, they will begin selling by count, much like the switch in corn seed in recent years. NC State grain specialist Dr. Ron Heiniger says this will have an impact on the farmer, and ultimately the overall food supply:

“It’s not a good trend for growers in the long term. Certainly it would be great to go back to a fifty pound bag of corn seed where we got 40,000 seeds out there, but the problem in doing that it is just too expensive to do that.”
 

Its been said that agricultural output will have to increase by as much as 50% in the next 20 years in order to feed a growing world population. Changes like this are going to make it more difficult. Most soybean production goes into animal feed.
 

USDA’s Latest Food Price Forecast Shows Little Change

USDA food price economist Ephriam Leibtag, reviews USDA's latest food price forecast for this year:

“This month’s update just has one change. Retail pork prices have been adjusted a little downward, projections are now for pork prices to rise 2-3%, and that is lower than in the past. All of the other numbers, all the way up to restaurants and grocery stores are unchanged. That means that food prices in general are projected at 2.5 to 3.5 %, restaurant prices at 2-3%, and grocery store prices at 3%.”

Consumer Confidence Slips Significantly

Consumer confidence has taken a dip. The Conference Board's measure of Consumer Confidence is now at 62, down from 64.4 in May. The board's Lynn Franco:

“The real key here is the labor market. We get several months of strong growth followed by several months of very weak growth and that is doing very little to instill confidence in consumers.”

The measurement for a healthy economy is around 90. Franco says if consumers don't see confidence in the future they may be less likely to spend.

South Carolina Peaches Coming Off Early
 

A mild winter and early spring could mean a plentiful peach crop for South Carolina this year. Clemson University horticulture professor Desmond Layne says the 2012 peach crop will likely be ready earlier than usual. Layne says South Carolina farmers have already shipped about 40 million pounds of peaches so far this year. The state is consistently the nation's second-largest peach-producing state behind California.
 

Online Map Shows Consumers Where to Find Antibiotic-Free Meat

A group that believes the government is moving too slowly when it comes to the use of antibiotics in animals is showing consumers where to get meat from animals raised without antibiotics. Shoppers can use an online map to find retail locations, farmers, markets, farms and restaurants sourcing antibiotic-free meat. The map’s launch coincides with a new “Meat Without Drugs” campaign. Public health advocates say scientists have long known that antibiotic use - whether in medicine or agriculture - fuels antibiotic resistance. But the pork industry has continually pointed out that there is no scientific study linking antibiotic use in food animals to antibiotic resistance in humans.
 

More Stories

 Jun 27  Carolina Wheat Harvest Wrapping Up
  Pioneer Goes to Seed-Count Soybean Seed
  USDA Scientists Look for Alternatives to Antibiotics
  Market Recap: Livestock Falls on Climbing Corn Prices
  Market Summary: Corn Futures Soar on Stressful Weather
  NC State's Dr. Mike Walden - Banking Changes
 Jun 26  NC Ag Commissioner Satisfied with Senate Version of Farm Bill
  Carolina Soybean Crop could have Problems After Tropical System Debby
  Commissioner Weathers Upbeat About Private Sector Support for Certified SC Products
  North Carolina Producers should be Pleased with Senate Farm Bill Provisions
  Market Recap: Bears Run Rampant Through Livestock Markets
  Market Summary: Grains & Oilseeds See Huge Gains on Dry Weather Concerns
  NC State's Dr. Mike Walden - Getting a Good Car Deal
 Jun 25  Secretary Vilsack Announces Funding to Help North Carolina Farmers and Business Owners Cut Energy Costs and Produce Renewable Energy
  Portions of Arizona's Controversial Immigration Law Struck Down by Supreme Court
  House Ag Leaders Applaud Senate, Note Their Farm Bill Will Look Different
  Overall, Farm Groups Pleased with Senate Farm Bill
  Administration Opposes Ag Spending Bill Approved by Committee
  Bank of America Partnering with Humane Society of the US
  Producers Encouraged to Respond as Swine 2012 Study Conducted




 





 

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