Agribusiness Update for Wednesday 02/03/16

Agribusiness Update for Wednesday 02/03/16

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

USDA's National Ag Statistics Service is gathering new data on organic agriculture production. NASS is conducting the 2015 Certified Organic Survey to gather data on certified organic crops and livestock in the U.S. The survey is part of USDA's efforts to determine the economic impact of certified organic agriculture production in the United States. USDA is mailing the survey to all known organic farms in the country. The form asks farmers to provide information on acreage, production, and sales for a variety of certified organic crop and livestock commodities.

China could fully resume imports of U.S. beef soon after halting the imports in 2003 because of mad cow disease. The U.S. Meat Export Federation predicts China will open the market fully by mid-year. After the 2003 halt of beef imports, China lifted the ban on some boneless products in 2006. China is already the biggest U.S. agriculture export customer and beef imports from 2010 to 2015 increased more than 10-fold on increasing consumption.

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

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