Agribusiness Update for Tuesday 11/19/13

Agribusiness Update for Tuesday 11/19/13

This is the Agribusiness Update...I'm Greg Martin...

Butterball is only shipping about half the number of turkeys this year and warn people that although there should be enough bird to go around that there may be a shortage of some of the larger turkeys. This years turkeys were a bit skinnier due to some fattening up issues. The national average sized bird is about 16 pounds but some folks like to have a lot of leftovers.

The Environmental Protection Agency proposed 2014 levels for the Renewable Fuel Standard for public comment. The proposal seeks comment on various ranges of total renewable fuel volumes for 2014 and also a level within that range of 15.21-billion gallons. The proposed volume for cellulosic biofuel is 17-million gallons, 1.28-billion gallons for biomass-based diesel and 2.2-billion gallons for advanced biofuel.

The National Republican Congressional Committee Chairman Greg Walden said Friday the House would likely pass immigration reform legislation by the end of next year. Walden says Speaker John Boehner has said multiple times this is a federal problem - as has Walden. He says action is just a matter of timing - and with everything else left to be done - there's just no time for immigration this year.

That's today's Agribusiness Update from the Ag Information Network.

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