Irrigation & Water Management Workshop Scheduled for SC Producers
The Richland, Calhoun, and Orangeburg Conservation Districts will host an Irrigation and Water Management Workshop on Thursday, March 14, at Tri-County Electric in St. Matthews from 9 am until 3 pm. Attendees will learn about irrigation scheduling, water quality and how it affects production and pesticide efficacy, agricultural water use regulations and reporting requirements, and NRCS technical and financial assistance for efficient irrigation and water management practices. The cost for the workshop is $10 and includes lunch. For more details or to register, visit our calendar.
CME Group Looking to Change Trading Hours Again
The CME Group has announced another revision to its electronic grain trading hours. Overnight trade will run from 7 p.m. Central to 7:45 a.m. Day trade will resume at 8:30 a.m. and run until 1:15 p.m.
Jim Bower of Bower Trading says the CME heard from more than four-thousand customers before making the decision…
“We go from 21 hours down to about 17.5, but its more in line with the way the public wants it.”
Bower says there has been no word yet about whether or not USDA will change the release of their reports from the new release time of noon eastern, USDA had said in the past they wouldn’t change if the market hours were revised. Pending CFTC approval – the new hours will begin on April 8th.
Zebulon, NC Farmer Wins Cash 5 Lottery
A farmer from Zebulon, Homer Buffaloe, has won $1,144,821 in the Carolina Cash 5 lottery, the largest ever won by a single ticket. This was the second time he’s matched all five numbers in a Cash 5 drawing, the first coming back in Nov. 2010 when he claimed half of a $408,066 jackpot.
Obama’s Nominee to Head EPA Drawing Fire and Praise
President Obama’s nominee to head the Environmental Protection Agency is drawing both praise and fire in Washington. Agriculture had a long-running battle with former EPA Chief Lisa Jackson over regulations it saw as costly and burdensome. Now the President’s nominated Assistant Administrator Gina McCarthy to take over the agency.
McCarthy’s nod drew quick praise from environmental groups for fighting air pollution and criticism from fossil energy interests. Some farm interests are already publicly backing McCarthy.