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Rural Economy

Market to Market 3541

The Market to Market crew is hard at work for this week’s show, #3541, if you’re keeping score at home.

What exactly does that number mean? The first two, 35 signifies the year or season of the show. The second two numbers means the episode number. So this is the 35th season of Market to Market and the 41st show of the season.

So what will be in this week’s show?

Corn producers and processors cope with waning demand for high fructose corn syrup…
But, the Agriculture Department predicts increased demand for ethanol will support corn prices. And the Obama Administration’s “point man” on rural affairs outlines his plans to rejuvenate the rural economy…
Those stories and market analysis with Tomm Pfitzenmaier.

Check your local listings for airtime in your area. But if you are in Bowling Green, Kentucky, check us out at 7 A.M. Sunday.

Or you can always click here to watch the show on-line.

How are things in your operation? Did you sell any grain this week? Too much rain?

Let us know how things are going for you?

Posted in Rural Economy, Talk Back on June 10th, 2010 by paul – Be the first to comment

The future of E15 and shipping lanes

Secretary of Agriculture Tom Vilsack said Friday that he expects an E15 blend will become reality for consumers and producers of the fuel additive. E15 is a blend of 85 percent gasoline and 15 percent ethanol. The USDA could help open the door to the new blend if the Environmental Protection Agency approves the new fuel mix.

No official announcement is scheduled, but Vilsack says the E15 policy change will likely happen this year.

Also on Friday, Vilsack said he doubts shipping lanes will be closed because of the major oil spill in the Gulf of Mexico. Those same shipping lanes were closed temporarily following Hurricane Katrina.

Friday’s comments were made in an extended interview between Market to Market host Mark Pearson and Secretary Vilsack in our studios.

***Update*** The official transcript is posted here now our website.

See parts of the interview in this week’s Market to Market broadcast. Check your local listings or watch online at http://www.iptv.org/mtom/

The entire interview will likely be posted next week on our website.

Posted in Economy, Rural Economy on June 4th, 2010 by paul – Be the first to comment

Time to write the new Farm Bill

It is hard to believe but work is already starting on the new 2012 Farm Bill.

Government officials, from congressional staff to lawmakers, are already heading out across the country to listening posts to hold hearings or forums to gain input for the next Farm Bill.

Last week, one was held at the Iowa State Fairgrounds in Des Moines, Iowa. Market to Market producer Andrew Batt was there and will file a report this week on what is happening.

Alan Brugler will be our analyst this week. What should host Mark Pearson ask him? What are you wanting to know about the markets?

Were you in the field last weekend and missed our program as part of our Rural Economic Summit? We heard from President Obama as his visited Iowa, Missouri and Illinois.

One visit was to Fort Madison and the wind energy blade manufacturer Siemens. Wind energy proponents say the operation is just one example of a rapidly growing industry that has the ability to generate both energy and jobs. You can watch that story by clicking here.

Also part of the president’s “White House to Main Street” tour was a visit to the POET Biorefining in Macon, Missouri. With 25 other plants scattered across seven states, the company’s 1,500 employees produce 1.6 billion gallons of renewable fuel annually, making POET, the world’s largest producer of ethanol. Here is the link to that story on POET.

See this weekend on Market to Market.

Posted in Rural Economic Summit, Rural Economy, Talk Back on May 4th, 2010 by paul – Be the first to comment

Rural Economic Summit - President Obama links

Our Rural Economic Summit’s latest installment will take place this week from main street middle America.
President Barack Obama spent most of Tuesday and Wednesday this week in the midwest.

Here’s a little background on the trip to Iowa, Missouri and Illinois.

Iowa Public Television aired the speech by the president in Ottumwa. Here’s the link to that speech.

We’ve got a Market to Market crew that has been at many of the stops this week and will bring those to you in this week’s edition of the show as part of our Rural Economic Summit.

The president touted wind energy’s ability to generate power and jobs while in Iowa. During a trip to Missouri, the president visited the world’s top producer of ethanol to see how process works. So how does alternative energy fuel the rural economy?

Check local listings for the airtime of Market to Market. You also will be able to view the program on our website.

Posted in Economy, Rural Economic Summit, Rural Economy, Talk Back on April 28th, 2010 by paul – 1 Comment

Special Rural Economic Summit features President Obama’s White House to Main Street Tour

On the third of four special “road editions,”  Market to Market covers President Obama’s White House to Main Street Tour as a special “Rural Economic Summit.

Obama’s tour stops at several Midwestern events aimed at strengthening the rural economy.

The first stop Tuesday will be at the Siemens Energy plant in  Ft. Madison, Iowa.  The facility produces massive 12-ton blades for the company’s 2.3 MW generators that each produce enough energy to power 600-700 homes.  Siemens Energy received a $3.5 million federal tax credit back in January. The Siemens plant is the second largest employer in Lee County providing about 600 jobs.  This event is open only to media.

Then, it’s on to Mt. Pleasant, Iowa –  home of Secretary of Agriculture, Tom Vilsack — in Mt. Pleasant.  Like the preceeding stop in Ft. Madison, this event is closed to the public.

A third stop is planned in Ottumwa, Iowa for a town hall meeting at Indian Hills Community College.   The President will make a speech and answer questions from the audience.

Iowa Public Television will televise the town hall meeting live on its IPTV World Channel or .3 if you’re viewing inside the state of  Iowa.  Outside the broadcast region, you can view the event at:  www.IPTV.org. The coverage is scheduled to begin around 4 p.m. CT.

The White House said Monday the Midwest tour is about the president talking and listening to small business owners, workers, everyday people living the challenges they face in recovery.  This post covers most of the highlights of the President’s tour the next two days.

Wednesday’s tour includes a stop in Macon, Missouri at the POET biorefinery.  Producing 1.6 billion gallons of renewable fuel annually, POET is the world’s largest producer of ethanol.   The president will also visit a farm near Quincy, Illinois.

The White House released a report Tuesday from the Council of Economic Advisers, outlining four policies the President is likely to address this week:

  • Growing businesses and expanding employment opportunities.
  • Strengthening rural infrastructure
  • Strengthening the agricultural sector
  • Strengthening the labor force and improving the quality of life in rural America by investing in education and health care.

This week’s edition of  Market to Market will feature coverage of the president’s tour as a special “Rural Economic Summit.“  Check local listings for your area.

Posted in Economy, Rural Economic Summit, Rural Economy, Talk Back on April 27th, 2010 by paul – Be the first to comment