What We Can Learn From The 2017 Market Report?

The released 2017 market report showed that the agricultural sector recorded big wins. One of the greatest setbacks to farmers is the invasion of farms by herbs and pests. Farmers use herbicides like glyphosate to take care of the herbs.

Lately, there has been a health concern on the use of glyphosate. Arkansas farmers got their relief in the 2017 market report which showed that the use of Monsanto’s Roundup weed killer does not pose harms to humans. The Environmental Protection Agency (EPA) noted that its findings are in line with those of other researchers like that of National Institute of Health Agricultural Survey in 2017.

Independent Crop Market Report

The University of Arkansas Division of Agriculture Research and Extension provides a regular report on how different crops, particularly the most important crops in the state, perform in the market. Some of the analyses are as follows;

According to the 2017 Arkansas Crop Soybean Cash Market, the crop gained a few cents in the beginning week of the last month of the year. There were about thirteen individual markets providing price quotations for soybeans. The critical analysis shows that price gain is usually highest on Mondays opening at above $9.90 but gradually decline in the other days of the week.

AR 2017 Crop Soybean Cash Market Prices (December 4, 2017 – December 8, 2017)

The Yellow Corn Cash Market continued to make gains after the decline in mid-September. The highest trading price to be attained by corn was $3.70 which is still far below the record for soybeans. The market quotes for corn market were provided by five individual markets including Osceola and Blytheville.

The Vulnerability Of U.S. Agriculture

Arkansas is important to the national agricultural sector. The 2017 market report also explored the impact of disease-causing terror attacks on the nation’s agriculture. The revelation tasked policymakers to step up the nation’s biodefense efforts to mitigate such attempts.

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