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USDA, USTR Name Agricultural Trade Advisors

Agriculture Secretary Sonny Perdue and U.S. Trade Representative Robert Lighthizer have announced the appointment of 67 members to serve on seven agricultural trade advisory committees. The Agricultural Policy Advisory Committee is comprised of senior representatives from across the U.S. agricultural community who provide advice to the U.S. Department of Agriculture and the Office of the U.S. Trade Representative on trade policy matters including the operation of existing trade agreements and the negotiation of new agreements. View the appointments.

Hoeven Hosts Farm COVID Relief Roundtable

North Dakota Senator John Hoeven hosted a roundtable discussion Thursday morning with state farm groups and Farm Service Agency officials on the recently passed COVID-19 legislation. There was $13 billion included in the latest relief package for agriculture, and much of that is expected to be implemented under the Biden Administration. Hoeven also outlined the new Quality Loss Adjustment program. Listen to the first portion of the question and answer session.
2018 harvest w/ tractor.

2020 Dry Bean Production Increases

U.S. dry edible bean production was estimated at 33 million hundredweight (cwt) for 2020, according to the latest Crop Production Summary from USDA. That’s an increase of 59 percent from the previous year for comparable states. Planted area was estimated at 1.74 million acres, up 35 percent from 2019. Harvested area was estimated at 1.68 million acres, up 43 percent from the previous year for comparable states. The average U.S. yield for dry beans for the 2020 season is 1,966 pounds per acre. That’s an increase of 197 from 2019.
 
 
The full report, including dry bean area planted and harvested, yield and production by commercial class is available here (starting on page 74).

Weekly Dry Bean Market Review

The dry beans under contract are moving at a steady pace. Rail issues are being reported of being at least one week behind. USDA Market News says the grower price for black beans this past week was $25 to $29 per hundredweight (cwt). Pinto beans range from $26 to $28 per cwt. Navies are at $27 to $28 per cwt. Kidney bean prices also remain steady at $34 to $43 per cwt for lights and darks. View the USDA Weekly Market Review for January 5.

2020-2025 Dietary Guidelines Released

The new Dietary Guidelines for Americans have been released. Covering a five-year time frame, the guidelines, provide science-based advice that promotes health, reduces the risk of chronic disease and meets nutrient needs.
 
“We have taken the very important step to provide nutrition guidance that can help all Americans lead healthier lives by making every bite count,” said Agriculture Secretary Sonny Perdue. Health and Human Services Secretary Alex Azar added, “The science tells us that good nutrition leads to better health outcomes.”
 
One of the four main recommendations focuses on meeting food group needs with nutrient-dense foods and beverages while staying within calorie limits. Those core food groups include: grains, half of which are whole grain; low-fat dairy products; proteins, such as lean meats, poultry, eggs, beans, peas and lentils; fruits and vegetables; and oils.
 
Get more information on the 2020-2025 DGAs here.

Weekly Dry Bean Market Review

SPECIAL NOTE: The next report will be released after the Christmas and New Year holidays on January 5, 2021. View the USDA Weekly Market Review from December 15.

Weekly Dry Bean Market Review

The dry beans under contract are moving at a steady pace with a firm undertone to prices. USDA Market News says the grower price for black beans this past week was $23 to $29 per hundredweight (cwt), unchanged from the previous week. Pinto beans are up at $24 to $30 per cwt. Navies are unchanged at $26 to $27 per cwt. Kidney bean prices also remain steady at $34 to $43 per cwt for lights and darks.
 
View the USDA Weekly Market Review for December 15. New report releases will resume after the Christmas and New Years holidays.

Biden Starts Picking Leadership

Former Ag Secretary Tom Vilsack is the Biden transition team’s nominee to lead the USDA, but Vilsack wasn’t the only Cabinet nominee announced. Ohio Congresswoman Marcia Fudge will lead the Secretary of Housing and Urban Development. Fudge was considered in the running to lead the USDA at one point. The U.S. Trade Representative will be Katherine Tai. Tai worked at USTR from 2007 to 2014, focusing on China trade issues. Currently, Tai is the chief trade counsel for the House Ways and Means Committee.