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Farm Safety, Financial Stability and a Visit from Chicago

Here's our look at 7 things you might have missed this week...and more.

Published on: Sep 27, 2013

Need to catch up? Here are some stories you might have missed this week.

1. Crop insurance stakeholders prep positions. While it may be just one of a plethora of issues Congress will have to sort out before moving on a five-year farm bill, groups praising and opposing the federal crop insurance program are making their opinions heard before legislators begin the task of conferencing the Senate and House farm bills.

2. That's a wrap. Smithfield Foods, Inc. Tuesday announced that 96% of the company's shareholders have voted to approve the company's proposed acquisition by Shuanghui International, a Chinese meat company.

CATCHING UP: Check out the top news items for this week in our Friday roundup.
CATCHING UP: Check out the top news items for this week in our Friday roundup.

3. Currency manipulation important issue in trade talks. More than half of U.S. Senators this week called on U.S. Trade Representative Michael Froman and Treasury Secretary Jack Lew to address concerns of foreign currency manipulation in ongoing Trans-Pacific Partnership talks.

4. Commentary: Chipotle, at it again. Chipotle's latest web advertisement depicting "big food" has certainly raised a few eyebrows in the ag community, with some questioning how a restaurant like Chipotle doesn't qualify as "big food" itself.

5. Federal grant will expand farm safety training for youth. More than half a million dollars in USDA funding will go to developing and distributing educational materials regarding farm safety for youth. USDA says the materials will align with agricultural education standards.

6. Recommendations for a young farmer's financials. Darren Frye, Farm Futures blogger and ag consultant, says young farmers can prep for financial security by understanding what banks look at when evaluating new loan applicants.

7. COOL question continues. Country of Origin Labeling opponents this week formally appealed a court decision to deny their request for a preliminary injunction against the rule. The groups say the longer it's allowed to stay in force, the more damage that it can do to North American trade.

And your bonus:

Unique arrangement brings Chicago chefs to the farm. 100 miles south of Chicago, Spence Farm in Fairbury, Ill., grows a variety of produce to sell to chefs in the Windy City. But twice a year, the Windy City comes to the farm.

As always, keep up throughout the week with daily ag news and markets updates by visiting us on Twitter or Facebook.