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La. Farm Bureau/Radio Network‏

October 25, 2013

Record Agriculture Sales Reported

Agriculture Secretary Tom Vilsack has announced that U.S. farmer, rancher and fishery cooperatives set records for sales, income and assets in 2012, buoyed by strong prices for grain, farm supplies and many other agricultural commodities. Sales by agricultural and fishery co-ops of nearly $235 billion surpassed the 2011 record by $18 billion, an 8.3 percent gain. Record net (pre-tax) income of $6.1 billion was up nearly 13 percent over the $5.4 billion recorded in 2011.

USDA's annual survey of the nation's more than 2,200 agricultural and fishery cooperatives shows that grain and oilseed sales by co-opsincreased more than $7 billion in 2012. Taken together, bean and pea, fruit and vegetable, nut, poultry and sugar sales by co-ops increased at least 3 percent over 2011 levels. Farm and ranch supply sales by co-ops were up by $7 billion, primarily due to rising energy prices. Fertilizer, feed and petroleum sales by co-ops each increased by at least $1 billion.


US Sorghum Shipped To China

The first shipment of U.S. sorghum was unloaded in China on Oct. 18, delivering 60,000 metric tons (2.36 million bushels) at the Guangzhou Port Facility.

The shipment of sorghum was initiated through the work and collaboration of the U.S. Grains Council and the Sorghum Checkoff.

Approximately 7.2 million acres of grain sorghum were planted in 2013, creating a need for additional demand.

"The Chinese market offers increased demand for U.S. sorghum, which creates opportunities for growers," said Florentino Lopez, Sorghum Checkoff executive director. "It is also important to recognize this is one of many markets the Sorghum Checkoff and the U.S. Grains Council are actively engaged within. Mexico, Japan and now China, along with other markets, will continue to remain a priority for USGC and the Sorghum Checkoff. Without question, strong international demand coupled with a strong domestic demand will no doubt strengthen producer opportunities."

The USGC and Sorghum Checkoff coordinated seminars to help end users in China understand sorghum's nutritional values and how to incorporate the grain into rations. Several more shipments of U.S. grain sorghum are expected to arrive in China in the coming months. An estimated 1.2 million tons (47.2 million bushels) have been scheduled for the month October alone.

Ag Consultants Scholarship

The Scholarship Committee of the Louisiana Agricultural Consultants Association says information and the application for the Louisiana Agricultural Consultants Association's scholarships can be found online. If you know of any qualified undergraduate and graduate students who may be interested in applying for a scholarship, please give them a copy of the attached scholarship information. Copies are also available at http://www.laca1.org/LACA%20scholarship.pdf. If you have any questions, please feel free to contact:
Paul J. Templet, Chairman
LACA Scholarship Committee
966 Bayou Rd.
Thibodaux , LA 70301.


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