Farming market news for Jul 2006 USDA Sets July Interest RatesWASHINGTON - Jul 3/06 - SNS -- The USDA's Commodity Credit Corporation set new interest rates for commodity and marketing assistance loans it has disbursed which will apply on outstanding balances in July. . . . Continue or visitors click here USDA Licenses 18 VarietiesWASHINGTON - Jul 6/06 - SNS -- The USDA issued certificates of protection to developers of 18 new varieties of seed-reproduced and tuber-propagated plants, including peanut, rice, triticale, and wheat. . . . Continue or visitors click here Two Storms Cause Hail DamageSASKATOON - Jul 13/06 - SNS -- Most of the hail damage seen so far in Saskatchewan was caused by two hail storms striking one week apart, according to the Canadian Crop Hail Association. . . . Continue or visitors click here CWB Objects To Federal Round TableWINNIPEG - Jul 13/06 - SNS -- The federal government's decision to hold a roundtable on the future of grain marketing in western Canada, which deliberately excludes marketing board supporters has drawn the ire of the Canadian Wheat Board (CWB). . . . Continue or visitors click here New SCN Resistant Soybeans ManufacturedDES MOINES - Jul 20/06 - SNS -- Pioneer Hi-Bred International, Inc. has manufactured two new varieties of soybeans which contain a new source of soybean cyst nematode (SCN) resistance. . . . Continue or visitors click here USDA Issues Counter-Cyclical Barley PaymentWASHINGTON - Jul 21/06 - SNS -- The USDA will begin issuing final 2005-crop counter-cyclical payments for barley at a rate of $0.13 per bushel. . . . Continue or visitors click here CWB Raises Durum, Barley PaymentWINNIPEG - Jul 26/06 - SNS -- The Canadian Wheat Board (CWB) is raising initial payments for 2005-06 deliveries of durum and designated barley effective July 31, 2006. . . . Continue or visitors click here Ag Commodity Prices Remain Below Last YearOTTAWA - Jul 26/06 - SNS -- Prices Canadian farmers received for their commodities fell 1.4% below year earlier levels in May, according to Statistics Canada, coming in at 96.7 points, up 0.9% from April. . . . Continue or visitors click here Final USDA Seed Incentive PaymentsWASHINGTON, July 28, 2006 – The USDA's Farm Service Agency (FSA) will begin issuing 2005-crop seed incentive payments under the 2005 Hard White Wheat Incentive Program (HWWIP). . . . Continue or visitors click here Cost-Price Squeeze TightensWASHINGTON - Jul 31/06 - SNS -- The cost price squeeze afflicting farmer sin the United States tightened in July, with the average price received for what was produced remaining unchanged on the month, while the cost of farming rose one point, according to preliminary data assembled by the USDA. . . . Continue or visitors click here
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