Farming market news for Jul 2008 USDA Licenses 74 Plant VarietiesWASHINGTON - Jul 2/08 - SNS -- The USDA issued certificates of protection to developers of 74 new varieties of seed-reproduced and tuber-propagated plants. They include barley, bean, bluegrass, fescue, hairgrass, pea, potato, soybean, tomato, corn, flax, hairgrass, lettuce, oat, soybean and wheat. . . . Continue or visitors click here U.S. Farmers Net $1.15B PayoutWASHINGTON - Jul; 7/08 - SNS -- The USDA will issue up to $1.15 billion in 2008 advance direct payments starting today. . . . Continue or visitors click here Farmers Share of Grocey Bill EasesLANSING - July 7/08 - MFB -- Retail food prices at the supermarket increased in the second quarter of 2008, according to the latest American Farm Bureau Federation (AFBF) Marketbasket Survey. The informal survey shows the total cost of 16 basic groceryitems in the second quarter of 2008 was $46.67, up about 3.5% or $1.64 from the first quarter of 2008. . . . Continue or visitors click here Canadian Farmers Enjoy Price Surge Through MayOTTAWA - Jul 23/08 - SNS -- Grower bid prices in Canada continued to escalate through May, with the Farm Product Price Index (FPPI) rising 2.71% on the month and 14.1% above year earlier levels to 121.3 (1997=100). . . . Continue or visitors click here Fertilizer Cost Bears on Hay PricesEDMONTON - Jul 28/08 - SNS-PR -- The dramatic rise of fertilizer prices over the last year may be old news, but the effects of these increased input costs are still surprising. . . . Continue or visitors click here Farming Costs in the U.S. Down Versus Last MonthWASHINGTON - Jul 31/08 - SNS -- The July Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 191% of the 1990-92 average, shows today's USDA statistics. . . . Continue or visitors click here U.S. On-Farm Prices Down Versus Last YearWASHINGTON - Jul 31/08 - SNS -- Narrative.....................................................................2 Price Indexes.................................................................5 Price Index Charts............................................................6 U.S, shows today's USDA statistics. . . . Continue or visitors click here
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