Bayer on its “game changer” for soybeans

A new tool for soybean growers is described as a “game changer” by its maker. Bayer CropScience has introduced the ILeVO seed treatment to protect against two of the top diseases impacting soybean yields, cyst nematodes and Sudden Death Syndrome (SDS). Bayer’s business strategy manager John Carlson says the dollar amount in lost revenues for… Read more »

Getting the RFS ‘back on track’ in 2015

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Getting the Renewable Fuels Standard (RFS) ‘back on track’ is one of the big challenges facing the renewable fuels industry in 2015. Bob Dinneen, president and CEO of the Renewable Fuels Association, says it may be late summer or early fall before the EPA finalizes the RFS volume requirements for 2014 and beyond. “After failing… Read more »

2014 Year in Review

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After many months of stalled debate, the farm bill was finally passed by Congress early in 2014.  The arduous process dogged Congress and the administration a month into the new year. Several issues resulted in new records in 2014 for cattle, hog and dairy prices. The harvest was remarkably good.  Record volumes of corn and… Read more »

Pacific Ethanol acquires Aventine plants

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California-based Pacific Ethanol is acquiring ethanol plants in Nebraska and Illinois owned by Aventine Renewable Energy. Aventine’s plants include a 100 million gallon per year wet mill and 60 million gallon per year dry mill located in Pekin, Illinois, and 110 million gallon per year and 45 million gallon per year dry mills in Aurora,… Read more »

Meat exports to Cuba have potential, but obstacles remain

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The loosening of trade relations with Cuba has been warmly welcomed by many agricultural commodity groups looking to increase sales to the Caribbean nation. The president and CEO of the U.S. Meat Export Federation, Phil Seng, says that despite the long-time trade embargo, Cuba has actually been open to U.S. beef and pork for many… Read more »

Canada says it’s not bluffing

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Canada’s agriculture minister is warning the U.S. that time is running short to avoid trade tariffs over its country of origin labeling (COOL) law. Gerry Ritz says if Washington doesn’t change COOL to comply with WTO rulings in the coming months, Canada will apply to impose retaliatory tariffs on a long list of U.S. goods… Read more »

DuPont and Monsanto settle lawsuits

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DuPont and Monsanto have agreed to settle their patent infringement lawsuits against each other. The lawsuits pending in St. Louis federal court will be dismissed. Monsanto had alleged that DuPont infringed on some Monsanto seed chipping patents and DuPont claimed that Monsanto infringed on some seed processing patents held by DuPont. In a joint news… Read more »

Report: U.S. beef, the global driver

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A new report says the U.S. continues to “be the driver in the global beef market” with “constrained supply and strong demand keeping prices high.”  Rabobank’s report says there’s a continued tight global supply of cattle and beef in the fourth quarter of 2014. The report says the recent strengthening in the U.S. economy and… Read more »

FAPRI says 2014 has been interesting year

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The director of the University of Missouri’s Food and Agricultural Policy Institute (FAPRI) says it’s been an interesting year – with record corn and soybean crops that have caused major changes in agricultural markets, “Prices that were ready well off of the drought level peaks of 2012 have now come down to almost half of… Read more »

Red meat, poultry stocks decline

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  USDA reports red meat and poultry supplies in cold storage were down on the year. On November 30, 2014, red meat totaled 919.081 million pounds, 10% less than on November 30, 2013. Beef came out at 396.619 million pounds, 12% lower than last year, and pork was pegged at 485.796 million pounds, an 11%… Read more »