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USDA Resumes #MyFarmBill Social Media Campaign

By Amanda Brodhagen, Farms.com

Congress is back to work tackling the farm bill, while the U.S. Department of Agriculture aims to create buzz around the subject with its social media campaign called #MyFarmBill.

The campaign asks rural stakeholders to share why the farm bill is important to them. The Twitter hashtag #MyFarmBill was created, but all social media platforms are encouraged, including Facebook, Instagram and YouTube.

Agriculture Secretary Tom Vilsack issued the social media challenge back in September, when he urged agricultural supporters to begin a dialogue about what’s at stake without the creation of a new five-year farm bill. The USDA has begun a Storify board, a tool which pieces together a story based on social media discussions and interactions. You can see the live story board by clicking here.

Join in on the discussion. Who knows, maybe agriculture tweeps can get #MyFarmBill hashtag trending on Twitter? It’s worth a shot.
 


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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.