A federal program that anchorsa major part of Georgia’s farm economy is currently under fireas the United States prepares its future farm policy to complywith freer trade in the world.Since the 1930s, the U.S. government has run a peanut programthat controls domestic supply and demand through a quota and pricesupport system.In the past, this program had little effect on world trade, andworld trade had little effect on it, said Nathan Smith, an economistwith the University of Georgia Extension Service.Going to Change The World Trade Organization believes government subsidies distortfree world trade, Smith said.WTO considers a domestic program a “trade distorter”if it supports the number of acres of a commodity planted or theamount or price of the crop.Even though the current peanut program is considered a no-net-costprogram, the WTO says it’s a barrier against open world trade.The peanut program costs the United States in trade negotiations.”The WTO says the current program distorts world trade by$347 million,” Smith said.Under WTO rules, the United States has agreed to limit its spendingon agricultural trade-distorting programs to $19.1 billion. Thisis referred to as “amber box” spending, which includesthe current peanut program, Smith said.In WTO terminology, different types of spending go into different color boxes. Spending that distorts trade goes into the amber box. Spending that does not distort trade goes into a green box.Peanut Proposals The U.S. peanut industry is considering two major proposals.One proposes to stimulate the purchase of U.S. peanuts in theworld market. Peanuts would receive a price support similar tothe current program, Smith said. Processors would buy U.S. peanutsat the world price, and the government would make up the differencebetween the domestic price and the world price.”This program would modify the current program but not moveit out of the amber box,” Smith said.A second program would be a marketing loan option. Other majorU.S. crops such as corn and cotton are under this type of program.The government would still make payments to compensate for worldprices. But the program would not be tied to production controland would fit under WTO trade rules, Smith said.Whatever the outcome, he said, Georgia peanut farmers can expectchanges in the federal program that has governed their industryfor a long time. “But the peanut program doesn’t fit with the current (U.S.)trade policies,” Smith said. “The program is going tochange. But by how much? That’s the question right now.”Any changes to the current peanut program will affect Georgia’seconomy, Smith said. Peanuts contribute about $400 million a yearto Georgia’s farm economy and about $800 million in economic activityfor the state. Georgia grows about 40 percent of U.S. peanuts.It will be another year and half before the next farm bill isimplemented. But the House Agricultural Committee is now preparingthe part that will affect the peanut program, Smith said. Theyhope to have the basis ironed out by June.How will a domestic peanut program fit into a farm bill that encouragesmore open world trade?Competing with The World Unchecked free trade would hurt the domestic peanut industry,Smith said. High tariffs keep the U.S. peanut market from beingflooded by foreign peanuts. But these tariffs will be loweredin the future and allow more peanuts to be imported.The Free Trade Areas of America recently met in Canada to discussfurther expansion of free trade for all of the Western Hemisphere.This agreement includes open trade with peanut-producing countriessuch as Argentina and Nicaragua.Farmers in these countries have much lower input costs than U.S.growers have. They can sell their peanuts cheap. “And thosecountries would have access to our market,” Smith said. Peanutfarming in Georgia would be cut drastically.Trade Distorter
continue reading » The U.S. District Court for the Eastern District of Virginia accepted an additional amicus brief submitted by NAFCU in support of a credit union’s motion to dismiss a complaint filed against the institution under the Americans with Disabilities Act.As the number of frivolous lawsuits filed under the ADA has increased in recent months, NAFCU has been proactive in supporting members targeted by litigation.The Eastern District Court had previously accepted another amicus filed by NAFCU; the hearing for that case is today. NAFCU appreciates the court’s willingness to listen to the association’s concerns and will continue to monitor developments in these cases.Credit unions and other institutions have faced a rash of lawsuits in the past year related to website accessibility because of ambiguities in the ADA’s language. NAFCU and its members strongly support the protections of the ADA and efforts to ensure individuals with disabilities are not discriminated against and have equal access to financial services. 19SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
St. Louis Cardinals 5th Grade Basketball started their season Tuesday night with a game at St. Mary’s in North Vernon. St. Louis started off strong and were up 8-6 after the first quarter. At halftime St. Louis was winning 18-14. St. Mary’s made a run in the third quarter scoring 16 points against the Cardinals 4 and the third quarter ended St. Mary’s up 30-22. St. Louis tried to rally and outscored St. Mary’s in the fourth quarter, but it wasn’t enough. The game ended St. Mary’s 34, St. Louis 29.It was a great effort by the team. Jaiden Kuria lead the scoring with 13 points, followed by Caleb Mohr with 12 points, Sam Richardson and Tyler Reder both had 2 points. Some great assists and strong support were made by Ben Griewe, Aiden Griewe, Jack Freeland, Leo Cannesssa, Vincent Meneses and Brady Wonell. Please come out and support St. Louis at home Monday (10-29) at 6:00 for a rematch against St. Mary’s. Courtesy of Cardinals Coach Tim Reder.The 6th Grade Basketball team opened their season on Tuesday, October 23rd when they travelled to St. Mary’s in North Vernon. Despite great effort by the Cardinals the boys finished on the losing end against a hot shooting St. Mary’s team with a final score of 45-14. The Cardinals had 5 boys in the scoring column led by Sam Laloge and Ben Miller each with 4 points. The Cardinals did a strong job on the rebounding end and outrebounded St. Mary’s led by great efforts by Adam Meer and Sam Laloge with 10 rebounds each. The Cardinals next game will be a rematch against St. Mary’s at home on Monday, October 29th.Courtesy of Cardinals Coach Ryan Tekulve.
Women’s World Cup 2019: 3 takeaways from USA’s record-setting win over Thailand • The United States took 40 shots against Thailand, 20 of which were on target. Both are the most in a Women’s World Cup match since at least 2011.• Alex Morgan tied the Women’s World Cup record with five goals. She also had three assists and eight goals plus assists, the most by any player since 2011. Only three other players have had 3-plus goals and 1-plus assists in a Women’s World Cup match.• Morgan joined Carli Lloyd, Carin Jennings and Michelle Akers as the only Americans to record a hat trick in the WWC.5 – Alex Morgan is the second player in #FIFAWWC history to score five goals in a single game, doing so 27 years and 199 days after fellow @USWNT international Michelle Akers managed this feat against Chinese Taipei in November 1991. Decimated. pic.twitter.com/kkl7kay7Rz— OptaJoe (@OptaJoe) June 11, 2019• Lloyd and Morgan now each have eight goals in the Women’s World Cup, tied for the third-most ever by an American.• There were just six minutes between USA’s 4th and 7th goals against Thailand (50, 53, 54, 56), the fastest four goals have ever been scored in a single Women’s World Cup match in the competition’s history.• The USWNT became the first team in Women’s World Cup history to have three different players record a brace in the same match.• Rose Lavelle (24 years, 28 days) and Lindsey Horan (25 years, 16 days) are the third- and fourth-youngest Americans, respectively, to record a brace in a Women’s World Cup match.• Mallory Pugh (21y 1m 13d) is now the third-youngest goalscorer in a Women’s World Cup match in USWNT history..• Carli Lloyd (36y 10m 26d) and Megan Rapinoe (33y 11m 6d) are now the third- and fourth-oldest American goalscorers in WWC history, behind Abby Wambach (35y 15d) and Kristine Lilly (36y 62d). Here’s a look at some of the crazy numbers, courtesy of Opta: • The United States’ 13-0 win is the largest margin of victory ever in a World Cup match (men’s and women’s). Related News Thailand wasn’t expected to provide much opposition for the United States in the defending champions’ 2019 World Cup opener, and that’s exactly how things played out Tuesday. The U.S. rolled to a 13-0 victory in the Group F opener in Reims, never threatened by its overwhelmed opponent. • Rapinoe also tallied two assists, giving her six in Women’s World Cup play, tied with Japan’s Aya Miyama for the most in tournament history.1+1+1 – The US is the first team to score a headed goal, right-footed goal and a left-footed goal in the first half of a #FIFAWWC match since Germany and Norway both did so on on the same matchday in June 2015. Versatility. pic.twitter.com/GfYHleeF8y— OptaJack⚽️ (@OptaJack) June 11, 2019• The USWNT has now had 32 different players (excluding own goals) score for them at the Women’s World Cup, making the US the second nation to have that many different scorers in the competition’s history after Germany (34).• Samantha Mewis’ opening goal for USA was the 800th goal scored in FIFA Women’s World Cup matches, with USA responsible for 116 of them — more than any other team. Women’s World Cup 2019: Alex Morgan leads record-breaking U.S. rout of Thailand