Flow of Information From USDA Market News Continues During the Government Shutdown- But Some Info Will Be MissingFri, 28 Dec 2018 16:44:27 CST
The Livestock Market Information Service and their Director, Jim Robb, authored the folowing article on the Daily Livestock Report that is released weekdays and is sponsored by the Chicago Mercatile Exchange. Robb explains that while the Federal Government Shutdown does not impact USDA's Market News directly- it does impact the flow of information that will be available from Market News.
"The December 26th Daily Livestock Report noted that the government shutdown will not affect USDA AMS Market News reporting as it has in the past and we will continue to receive price reports covered under USDA AMS.
"However, there is an inter-web of information that is collected at USDA and disseminated through AMS that still could be affected. One area that comes to mind is the weekly actual slaughter activity, which is released by USDA AMS but is collected by USDA NASS. USDA NASS will not be releasing information, along with some other key agencies. In the press release dated December 21st, Secretary Perdue listed several key agriculturally important reports and services that would not be available in the event of a government shutdown.
"These include all USDA NASS reports, the WASDE (World Agricultural Supply and Demand Estimates Report), USDA ERS Commodity outlook reports and data products. USDA ERS website will be taken offline. The amount of data that will not be disseminated cannot be understated. Just this last week the agricultural livestock sector received Cold Storage, Cattle on Feed, Livestock Slaughter, Chicken and Eggs, Milk Production, and Broiler Hatchery. All of these would not have been released in the event of a government shutdown, and will not be released next month if theshutdown continues. This week Poultry Slaughter, Agricultural Prices, Broiler Hatchery are among the USDA NASS reports that will not be released as scheduled.
"As the government shutdown continues a greater number of reports with economic information that will not be available. In shutdowns past the amount of data that has been able to be recovered has varied. Data that relies on survey responses, as many of the USDA NASS reports do, will not be able to be recovered because the information will not be collected for the relative timeframe.
"Of course, this does not only extend to the agricultural sector. Dept. of Commerce is also closed, which will mean a lapse in the monthly trade data provided to USDA FAS, which is also closed. With USDA FAS closures, weekly trade sales data for meat is also unlikely to be reported.
"On the live animal side USDA APHIS inspection duties will continue and this week data was released through USDA AMS as usual. There could be other connections through other agencies whose impacts are not quite known at this time. The true impact will depend on the length of shut down. Although it is a blessing that USDA AMS reports will continue to be reported, they provide only a partial picture of the agriculture supply chain and will significantly hamper this publications abilities to provide sound economic analysis."
Source- Livestock Market Information Service
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