Farming market news for Sep 2006 USDA Sets September Interest RatesWASHINGTON - Sep 1/06 - SNS -- The USDA's Commodity Credit Corporation (CCC) borrowing rate-based charge is 5.125% for September 2006. For 1996 and subsequent crop year commodity and marketing assistance loans, the interest rate for loans disbursed during September 2006 is 6.125%, down from 6.250% in August 2006. . . . Continue or visitors click here USDA Licenses 23 VarietiesWASHINGTON - Sep 6/06 - SNS-- The USDA issued certificates of protection to developers of 23 new varieties of seed-reproduced and tuber-propagated plants. They include cotton, lettuce, oat, orchardgrass, peach, soybean, and wheat. . . . Continue or visitors click here Saskatchewan Hail Insurance Claims JumpSASKATOON - Sep 7/06 - SNS -- Hail insurance claims in Saskatchewan rose sharply in August, creating a backlog of claims, reports the Canadian Crop Hail Association. . . . Continue or visitors click here Manitoba Hay ListsWINNIPEG - Sep 8/06 - SNS -- Manitoba's provincial agriculture department is reminded producers in the province that it maintains an online directory of producers who have hay and straw available for sale. . . . Continue or visitors click here CWB Contract Call UpdateWINNIPEG - Sep 19/06 - SNS -- The Canadian Wheat Board (CWB) announced contract calls for Canada Western Red Spring Wheat (CARS), Canada Prairie Spring Red Wheat (CPSR), Canada Prairie Spring White Wheat (CPSW), Canada Western Extra Strong Red Spring Wheat (CWES), Canada Red Winter Wheat (CWRW) Canada Western Soft White Spring Wheat (SWS) and Canada Western Amber Durum Wheat (CWAD) for the 2006-07 crop year. . . . Continue or visitors click here Saskatchewan Hail Insurers Predict LossSASKATOON - Sep 21/06 - SNS -- Members of the Canadian Crop Hail Association are predicting this year's claims will exceed premiums paid by farmers for a net loss on hail insurance. . . . Continue or visitors click here Canadian Farm Returns Off in JulyOTTAWA - Sep 26/06 - SNS -- Canadian farmers watched prospective returns from agricultural production decline in July, according to the latest Farm Product Price Index (FPPI) calculations from Statistics Canada, with the index coming in at 94.3, down 1.9% from the revised June index of 96.1. . . . Continue or visitors click here Cost of Farming Slips in SeptemberWASHINGTON - Sep 28/06 - SNS -- The cost of farming in the United States inched lower during in September, according to the USDA. . . . Continue or visitors click here Cost Price Squeeze TightensWASHINGTON - Sep 28/06 - SNS -- The cost-price squeeze faced by farmers in the United States tightened in September, with average prices received for products sold falling more quickly than the cost of farming, according to the latest USDA data. . . . Continue or visitors click here
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