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Honored Advisor

Re: Floor Talk August 6

I cannot let this go 

 

 

quote Mike ------------

 

 Last year,  Russia imported 11% of all exported U.S. food and ag products.

 

 

Mike that is a rediculous statement..  Russia is not in the top ten of any grain export category---Ask for some details,  I would like to see them.

 

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Highlighted
Honored Advisor

Re: Floor Talk August 6

Maybe chicken? And pork bellies.? But total of all ... 

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Highlighted
Honored Advisor

Re: Floor Talk August 6

I can't imagine printing that without verification --------  it is just a rediculous statement.  I doubt if they buy 11% of the Big Mac's exported by the US.

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Highlighted
Honored Advisor

Re: Floor Talk August 6

This has suddenly become a question for Palouser and our FIA. ---------Ag. com's foreign intelligence agency.    

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Highlighted
Honored Advisor

Re: Floor Talk August 6

(Corrects Russia's percent share of total U.S. food and
agriculture exports in second paragraph)
    Aug 6 (Reuters) - Russia banned all imports of food from the
United States and all fruit and vegetable imports from Europe in
retaliation for Western sanctions over its support for rebels in
Ukraine, Russia's state news agency said on Wednesday.

    With about $1.2 billion in U.S. food and agricultural
product imports in 2013, Russia was the 23rd largest market for
the United States, representing an 0.8 percent share of U.S.
food and agricultural exports to all countries.
    Russia is the second-largest importer of U.S. poultry meat,
and the seventh largest U.S. pistachio importer.
    Moscow banned imports of U.S. beef and pork in February
2013, citing concerns about the growth-enhancing feed additive
ractopamine. Only a few U.S. plants have resumed exports to
Russia by ensuring exported products are ractopamine free.
    Below is a list of the top U.S. food and agricultural
products exported to Russia from January to June 2014, according
to the U.S. Agriculture Department's Foreign Agriculture
Service.
   
Product               Jan-Jun 2013      Jan-Jun 2014      YOY
                   (value in $1000)  (value in $1000)   change
Soybeans                    16,278           134,396     726%
Broiler meat               154,226           128,507     -17%
Pork                        15,684            60,436     285%
Almonds                     71,250            47,142     -34%
Breeding beef               71,922            13,633     -81%
and dairy cattle                                     
Pistachios                  16,278             9,272     -43%
Peanuts                      9,894             7,955     -20%
Soymeal                         46             7,500   16204%
Rice                         2,763             2,924       6%
Beef and veal                  550               158     -71%
   

(Reporting by Karl Plume in Chicago)

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Highlighted
Senior Advisor

Re: Floor Talk August 6

Ever wonder what kind of damage misinterupted information can cause?

Highlighted
Honored Advisor

Re: Floor Talk August 6

Let it go Pal,  Iowa I. A.  has it covered.

 

pistachio's ,,,,, on the house.

 

 

$158,000 of beef and veal  --------------  Fedex will miss that stop.

 

 

http://www.uspoultry.org/economic_data/

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Highlighted
Honored Advisor

Re: Floor Talk August 6

Reminds me of Jimmy Carter use of food/commodities trade for political punishment.

Hope this Russian decision works as well for them.

 

 

 

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Highlighted
Honored Advisor

Re: Floor Talk August 6

Was thinking Crispy dark meat.  For me   ------------ check with the others and put it on Mikes ticket.

 

 

The US produces 50.6 billion pounds of broiler meat worth $30.6 Billion.

 

Russia buys $158.5 milion of our production last year  that is   1/2 or 1% of our sales.  We should make that up in feed savings this fall.

 

Ground corn for the chicks ------------

 

 

 

 

again ..........  Mikes tab.      Smiley Happy

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Highlighted
Honored Advisor

Re: Floor Talk August 6

If it would help, I would be happy to have a bowl of Pistachio pudding 4 or five nights a week.

 

mmmmm mmmmm good.

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