Ag News, Tuesday March 22, 2016

Farm Headlines that crossed the desk today included study results narrowing the origin of PEDV and an update on the Monthly Rural Monitor.

PEDV Likely Migrated from China to US

A new study suggests the porcine epidemic diarrhea virus or PEDV outbreak in the United States in 2013 may have originated in China. BMC Veterinary Research also says if the conditions are right, another outbreak may occur. PEDV devastated the pork industry in 2013 as the deadly virus and cost hog farmers millions of dollars. Researchers say the virus can survive on feed ingredients produced in China and shipped to the U.S. for 37 days—and that appears how the virus first entered the United States, according to Meatingplace. Last year, USDA’s Animal and Plant Health Inspection Service found that the use of Flexible Intermediate Bulk Containers, or “tote bags,” best fit the criteria established for entry of the virus into the United States and introduction onto individual farms.

Monthly Rural Monitor Shows Continued Weakness

The Rural Mainstreet Index shows continued weakness according to the latest report by Creighton University. Last week, organizers said the index rose slightly in March but continue to show a contracting rural economy. The index for March was announced at 40.2, compared to last month’s 37.0. A number below 50 suggests contraction. Organizers say recent declines are the result of lower agriculture and energy commodity prices and downturns in manufacturing. The farmland and ranchland-price index for March tumbled to 20.2 from February’s 29.8. This is the 28th straight month the index has moved below growth neutral. The March farm equipment-sales index sank to a record low of 6.7 from February’s 11.3. The report points to weakness in farm income that continues to pressure the sale of agriculture equipment across the Midwest region.

NAFB News