Holding company Seven & I Holdings imported 3 tons of meat from U.S. cattle aged up to 30 months for sale at its Ito-Yokado and York-Benimaru supermarket chains. Three Ito-Yokado stores in Tokyo started sales Feb.
Nearly 300 weed scientists from 33 countries are Down Under last week, digging into the science of herbicide resistance. Stephen Powles, Australian Herbicide Resistance Initiative (AHRI) director, told DTN in an interview that the evolution of herbicide resistance in weeds poses a real threat to global food production and security.
Portions of a proposed CFTC rule to enhance the protection of customers’ margin funds could make hedging prohibitively expensive for farmers and ranchers and the small- to mid-sized futures commission merchants that serve them, industry representatives fear.
Optimists have contended that the surge in farm net worth will cushion any blow should land values correct any time soon. Some economists believe farmland owners may feel the fall, but they won’t take farm banks down with them like they did in the 1980s.
In wide-ranging comments after his speech on the sequestration and the prospects for a new farm bill, Vilsack said the sequestration, an across-the-board cut in government spending set to go into effect on March 1 if Congress does not change it,...
In Washington, the president laid out a liberal-oriented agenda that included proposing to raise the minimum wage, emphasizing the need to address climate change and promote clean energy. The president advocated spending on infrastructure and education and passing immigration reform.
Farmers and traders have always been more concerned about keeping the wheat contract committee intact than keeping the pit open, Gilpin said, and CME has agreed to keep that committee intact for at least three years. The contract committee gives physical users of wheat input on the contract terms, a role they’d like to keep.
This is the time of year when farmers are dealing with taxes and other financial paperwork. It’s also the perfect time to address those important “perpetual” tax documents that get outdated. This is important defensive medicine. The IRS will create havoc when your paperwork does not match current transactions.
For the children of a 75-year-old couple who live in the Great Plains, the paperwork dash was a little too close for comfort. Their parents had put off the finishing touches on an estate plan until Dec. 31 last year, their son said.
The corn market also is full of nervous anticipation. “Traders will take note of precipitation across the U.S. Midwest over the course of the winter, given the dry soil conditions at the end of last fall,” said DTN Senior Analyst Darin Newsom. “This should continue to be an evolving issue.
The drought will continue to devastate the beef cattle industry in terms of decreased available forage, as about 85 percent of the feed used to produce finished beef is forage, according to Terry J. Klopfenstein, professor of ruminant nutrition at the University of Nebraska-Lincoln.
Iowa’s Department of Natural Resources (DNR) and the Environmental Protection Agency (EPA) have drafted a work plan agreement to improve the state’s regulation of concentrated animal feeding operations, or CAFOs, in response to a petition filed by...
The House of Representatives last Tuesday passed by a vote of 257-167 a bill to avert a set of automatic tax increases that would have gone into effect Jan. 1. The bill passed the Senate 89-8 Monday and is expected to be signed by President Barack Obama.
Environmental Protection Agency (EPA) Administrator Lisa Jackson, who made several pro-ethanol decisions key to the economy in rural America, but who ran into conflict with some farm leaders and Republicans over regulations, announced last Thursday that she will resign.
The dust hasn’t yet settled in Washington, D.C., but farmers can count on scoring some significant tax victories in legislation designed to avert the fiscal cliff. Chief among them are provisions renewing generous writeoffs for equipment purchases and permanent exemptions that spare moderatesized farm estates from federal tax.
The legislative delegations from North Dakota, South Dakota, Montana and Kansas sent a joint letter to President Barack Obama, urging him to refrain from declaring an emergency on the Mississippi River due to economic losses from reduced barge traffic.
South Dakotan Bob Metz farms so close to the state line, his post office box is based in Minnesota. It’s a good thing he lives on the right side of the border, however. Metz and wife Karen want ownership of the farm his ancestors homesteaded more than 125 years ago to stay in family hands.
The calculator was developed for anyone working with livestock rations—including producers, nutritionists and extension agents—and was designed to be a tool that will assist them in evaluating feedstuffs that are available to them, according to...
Thanksgiving to Valentine’s Day ranks as the normal seasonal low for diesel fuel prices and the best fuel buying opportunity of the year, based on five-year averages. But before you dive into year-end purchases, consider 2012-13 has been anything but average.
Fewer grain farms are likely to be held hostage by their debt loads should today’s Golden Era end abruptly. Unlike the 1980s, America’s grain producers have bolstered an important equity ratio since 2007 that will help them withstand a return to thinner profits or higher interest rates, a recent study by AgriSolutions found.