Work for Medicare Requirement and U.S. Beef in South Korea

Work for Medicare Requirement and U.S. Beef in South Korea

Bob Larson
Bob Larson
From the Ag Information Network, I'm Bob Larson with your Agribusiness Update.

**The Foundation for Government Accountability, or FGA, is applauding the Trump administration for announcing new flexibility for states to create Medicaid work requirements and move millions of Americans from welfare to work.

New guidance, released last week, outlines key criteria for states interested in applying for waivers to implement work requirements for the nearly 28-million able-bodied adults on Medicaid.

States would be able to require work, training, or volunteerism as a condition of Medicaid eligibility, similar to other major welfare programs.

**After release of USDA's January crop production and World Ag Supply and Demand Estimate reports Friday, the market responded quietly.

According to Agweb.com, the lack of extreme heat in the Corn Belt helped boost the nation's corn yield into record territory, at 176.6 bushels per acre.

The average soybean yield came in at nearly three bushels less than 2016.

Planted winter wheat acres are experiencing a 1 percent decrease from 2017 levels and about 32.6 million acres of winter wheat is planted, the second lowest wheat acreage on record.

https://www.agweb.com/article/pro-farmer-reaction-from-january-usda-reports-naa-agday-tv/

**The U.S. reclaimed its spot as the top beef exporter to South Korea in 2017, 14 years after a U.S. outbreak of mad cow disease led to a ban on American beef and handed market leadership to rival Australia.

Agriculture.com reports that U.S. beef shipments jumped 13.7 percent last year to 177,445 tons, accounting for nearly half of South Korea's beef imports. Australian shipments eased about 4 percent to 172,804 tons.

https://www.agriculture.com/markets/newswire/us-regains-status-as-top-beef-exporter-to-south-korea

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