Monthly Archives: December 2010

Lucas Announces Subcomittee Chairs

Lucas Announces Subcommittee Chairs and Complete Republican Roster

WASHINGTON – Today Chairman-elect Frank Lucas of Oklahoma named six members to serve as Subcommittee Chairmen of the House Agriculture Committee and also released the complete Republican roster for the 112th Congress. Additionally, Lucas announced that Rep. Bob Goodlatte of Virginia will serve as Vice Chairman of the […]

Roberts Ranking GOP Member Senate Ag Committee

Roberts to be Ranking GOP Member on Senate Ag Committee

Sen. Pat Roberts, R-Kan., is expected to move into the ranking member spot on the Senate Agriculture Committee as more reports are stating that Sen. Saxby Chambliss, R-Ga., will take over as ranking member of the Senate Intelligence Committee. Sen. Charles Grassley, R-Iowa, said Tuesday that […]

New Republican Members of House Ag Committee

The House will reconvene on January 5 2011 with many new members. Ag Committee Chairman-elect Frank Lucas of Oklahoma has announced the new Republican members of his committee as listed below. In his news release announcing these appointments Congressman Lucas noted that “ they represent a broad slice of the country and will bring that […]

Dec 2010 Ag Income & Finance Oulook

Congressman Frank Lucas on AgriTalk

Lamy: Final Doha countdown begins

Lamy: Final Doha countdown begins

World Trade Organization Director-General Pascal Lamy announced at a Trade Negotiations Committee meeting on Tuesday an “intensive” work schedule to finish the Doha Round by the end of next year.

“The final countdown starts now,” he said. World leaders, according to Lamy, have provided a clear signal that they expect the Round […]

Net farm income rebounds, up 31% from prior year

Net farm income rebounds, up 31% from prior year

After a sluggish 2009, USDA’s Economic Research (ERS) reported Tuesday that net farm income is making a dramatic recovery. For 2010, the NFI is forecast at $81.6 billion, up 31% from 2009, but $5.9 billion below its all-time nominal record in 2004. Net cash income, at $92.5 […]

KCBOT addresses wheat futures issues

KCBOT addresses wheat futures issues

On a vote of 115-36, the members of the Kansas City Board of Trade Tuesday adopted a series of measures to address the lack of convergence between the KCBT’s Hard Red Winter Wheat futures contract and cash prices received by farmers. According to the KCBT, the proposals approved will do the […]

U.S. Farm export numbers top expectations

U.S. Farm export numbers top expectations

A new Agriculture Department forecast has the United States doing record export business this fiscal year. On Tuesday, USDA pegged farm exports at a whopping $126.5 billion, up $13.5 billion from the August forecast and more than $11.5 billion above the previous record set in 2008. Chief Economist Joe Glauber […]

Farm, land groups seek to head off return of full ‘death’ tax

Farm, land groups seek to head off return of full ‘death’ tax

On the same day that President Barack Obama met with Republican and Democratic congressional leaders to talk about the Bush era tax cuts that expire at the end of this year, ten major agricultural organizations made their case during a press conference Tuesday for […]