FARMERS SWITCH GROWING GEARS – For the first time nationwide, U.S. farmers are expected to plant more soybean acres than corn acres. “We can make more money growing soybeans than corn right now, and as times have gotten a little
harder the last few years, we’re really looking for ways we can get the most bang for our buck,” said Lynn Rohrscheib, chairwoman of the Illinois Soybean Association and farmer in rural Fairmount. (News-Gazette)
FED SAYS TRADE WAR NEGATIVE FOR ECONOMY – San Francisco Federal Reserve Bank President John Williams said during an interview with a Spanish newspaper President Donald Trump’s escalating trade war with China would have very negative economic effects. “The reality is that it is not so serious as some headlines suggest,” Williams said.
“But if the conflict increases there will be less growth, more inflation and lower quality of life all over the world.” (Reuters)
ILLINOIS’ PENSION CRISIS – A new report shows Illinois is just 36 percent funded for future pension obligations, better than only two other states in the nation. “This is going to be a major budget challenge, not only in the near term but in the years ahead,” said David Draine, senior researcher for the Pew Charitable Trusts. (Illinois News Network)
FIRST BICENTENNIAL FARM – The Illinois Department of Agriculture recently
recognized a Union County family and their farm as the state’s first bicentennial farm. Two centuries ago, Abraham Brown II, his wife and three children homesteaded the 145 acres of southern Illinois farmland where Gerald Brown and his son, Todd grow corn, soybeans and occasionally wheat today. (FarmWeekNow.com)
BONUS: CARDINALS WINNING WITH THE EPA – For most major league baseball teams, food waste is a major problem, but not for the St. Louis Cardinals. The Cardinals’ efforts to stem food waste were among those honored Sunday at
Busch Stadium by regional EPA officials for work to “divert, donate and compost food waste.” (St. Louis Post-Dispatch)
About Leader Page: Leader Page is a collection of articles gathered from both mainstream and agriculture media and is designed to keep you informed as a member and leader in our organization. The articles summed up above are not intended to represent Illinois Farm Bureau policy or positions, but rather to give you an idea of what is being reported regionally, nationally and globally.