Agribusiness Update for Monday 12/2/13

Agribusiness Update for Monday 12/2/13

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

The group 25 by '25 says it's not just corn ethanol that will take a hit under the EPA proposal to reduce the amount of biofuel to be blended in the nation's fuel supply under the Renewable Fuel Standard in 2014. In fact - the group says advanced biofuels face what could be a fatal blow before the sector has a chance to meet the high goals Congress envisioned with the RFS was authorized six years ago.

USDA has designated Jefferson County in Oregon as a primary natural disaster area due to damages and losses caused by excessive wind, rain, and hail that occurred in August. Farmers and ranchers in the following counties in Oregon also qualify for natural disaster assistance because the county is contiguous. The counties are: Crook, Linn, Wasco, Deschutes, Marion & Wheeler.

Next Monday, the House Natural Resources Committee will hold a Full Committee oversight field hearing in Pasco, WA on "The Future of the US-Canada Columbia River Treaty."  At the hearing, the Committee will hear from the BPA, U.S. Army Corps of Engineers, public power representatives, and local stakeholders on the upcoming renegotiation of the Columbia River Treaty. 

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

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