Farming market news for Dec 2005 USDA Raises Interest Rates on Commodity LoansWASHINGTON - Dec 1/05 - SNS -- The USDA's Commodity Credit Corporation (CCC) increased the interest rate charged commodity loans issued for 1995 and prior crop years at 4.375% for December, up from 4% last month. . . . Continue or visitors click here USDA Declares Ag Disaster AreasWASHINGTON - Dec 1/05 - SNS -- The USDA designated counties in California, Iowa, Michigan and Texas as primary natural disaster areas, making all qualified farm operators eligible for low-interest emergency (EM) loans from USDA's Farm Service Agency (FSA). . . . Continue or visitors click here Canada's Field Crop Producers Squeezed in 2004OTTAWA - Dec 2/05 - SNS -- Average incomes for Canada's field crop producers were hammered lower in 2004 by a combination of rising costs and falling commodity prices; while livestock producers saw massive increases in average per farm net income as they benefitted from lower feed costs and improved markets for their products. . . . Continue or visitors click here Canadian Field Crop Returns SinkOTTAWA - Dec 5/05 - SNS -- Canadian farmers experienced a major decline in returns from field crops in September, with returns for all crops plunging 17.9% below year earlier levels, and 3.6% between August and September of this year, according to Statistics Canada. . . . Continue or visitors click here USDA Designates Ag Disaster CountiesWASHINGTON _Dec 7/05 - SNS -- The USDA designated counties in Michigan, Tennessee and Texas as primary natural disaster areas, making all qualified farm operators eligible for low-interest emergency (EM) loans from USDA's Farm Service Agency (FSA). . . . Continue or visitors click here USDA Adds To Ag Disaster ListWASHINGTON - Dec 7/05 - SNS -- The USDA designated counties in New York as primary natural disaster areas, making all qualified farm operators eligible for low-interest emergency (EM) loans from USDA's Farm Service Agency (FSA). . . . Continue or visitors click here CWB Issues Contract CallsWINNIPEG - Dec 7/05 - SNS -- The Canadian Wheat Board (CWB) today announced contract calls for Canada Western Red Spring wheat (CARS), Canada Prairie Spring Red wheat (CPSR),and Canada Western Red Winter wheat (CWRW) for the 2005-06 crop year. . . . Continue or visitors click here Deadnettle Harbors SCNWEST LAFAYETTE - Dec 13/05 - SNS -- Researchers at Purdue University researchers have discovered that a winter weed common throughout Indiana will facilitate reproduction and population increases of soybean cyst nematode even when soybeans are not present in the field. . . . Continue or visitors click here Prices Paid by U.S. Farmers UnchangedWASHINGTON - Dec 30/05 - SNS -- The December Index of Prices Paid for Commodities and Services, Interest, Taxes, and Farm Wage Rates (PPITW) is 143% of the 1990-92 average, according to the USDA, unchanged from November but 9 points (6.7%) above December 2004. . . . Continue or visitors click here U.S. Farm Prices Down in DecemberWASHINGTON - Dec 30/05 - SNS -- The preliminary All Farm Products Index of Prices Received by Farmers in December, at 114, based on 1990-92=100, increased 1 point (0.9%) from November, according to the USDA. . . . Continue or visitors click here
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