Iowa Public Television

 

Market to Market February 17, 2012 (#3725)


President Obama proposes a record $3.8 trillion annual budget. USDA enjoys a modest increase in its funds, but some subsidies appear to be doomed. And the next leader of China travels to the Heartland to rekindle friendships and expand opportunities for trade. Market analysis with Walt Hackney and Virgil Robinson. (28:03)

Tags: agriculture budgets business China economy Iowa nutrition Secretary of Agriculture subsidies USDA Virgil Robinson Walt Hackney Xi Jinping

In the News

  • Survey Shows Rural Economy Down
    (Feb 17, 2012) OMAHA, Neb. (AP) — A monthly survey of bankers in 10 Midwest and Great Plains states shows the rural economy slowing down, but reflects strong gains in hiring and farmland prices. The Rural Mainstreet Index released Thursday dropped...
  • Bird Flu Still A Menace in Asia and Beyond
    (Feb 17, 2012) HANOI, Vietnam (AP) — Thought bird flu was gone? Recent human deaths in Asia and Egypt are a reminder that the H5N1 virus is still alive and dangerous, and Vietnam is grappling with a new strain that has outsmarted vaccines used to protect...
  • McDonald's Asks Producers to Stop Using Hog Crates
    (Feb 17, 2012)    DES MOINES, Iowa (AP) - McDonald's Corp. says it will requireits U.S. pork suppliers to provide plans by May to phase out theuse of stalls that confine pregnant sows.     The Humane Society of the United States is...
  • Agriculture and Bio-Defense Lab Program Scaled Back
    (Feb 17, 2012) WASHINGTON (AP) - Homeland Security Secretary Janet Napolitano says a national biological and agricultural defense laboratory in the U.S. remains necessary despite the Obama administration's decision not to include construction funding in its...
  • FCC Aims to Kill LightSquared Wireless Network
    (Feb 17, 2012) NEW YORK (AP) -- Federal officials plan to kill a proposal to build a new national high-speed wireless network after concluding it would in some cases jam personal-navigation and other GPS devices. The Federal Communications Commission sought...
  • USDA Says 2011 Beef, Pork Exports Hit Record High
    (Feb 17, 2012) A government report says U.S. beef and pork exports hit record highs last year because of stronger demand, particularly in Asian countries. The U.S. Agriculture Department said Wednesday that beef exports totaled 2.79 billion pounds in 2011, up 21...
  • Obama Budget Cuts Bacteria Testing in Produce
    (Feb 17, 2012) SAN FRANCISCO (AP) - President Barack Obama's proposed budget would eliminate the nation's only program that regularly tests fruits and vegetables for deadly pathogens, leaving public health officials without a crucial tool used to investigate...