With the potential of higher production costs and shift in crop acreage, the National Corn Growers Association (NCGA) shifted its position last Wednesday to oppose the House climate legislation that passed last June.
Cargill Chairman and Chief Executive Greg Page noted the agribusiness gi ants earnings in the first half of the fiscal year were up 50 percent from the last half of the previous fiscal year amid cost controls and tapping both developed and faster-growing emerging markets.
The correlation between the Dow Jones Industrial Average and the monthly close of the Reuters/Jefferies CRB Index (which tracks a basket of commodities) is a very strong 93 percent, and between the dollar and the CRB is a negative 99 percent, Newsom said.
Russia, which does not belong to the WTO, lowered its quota for U.S. poultry this year. But industry officials believe the chlorine issue will be worked out because Russia cannot yet produce enough to meet its needs..
Cruising down a two-lane blacktop where the Catlow Rim drops down into a broad valley of sagebrush and bunchgrass, ranch manager Stacy Davies pulls his pickup over to let pass a herd of young bulls being trailed along the road by a couple of his buckaroos, as ranch hands are called here.
Often, wills have been written with an expectation the estate tax structure that has been in place for years would continue, estate planners say. The wills typically direct that assets that are not subject to estate tax be passed on to childrenfor 2009, up to $3.
The new Taiwanese ban is showing little impact on U.S. exports, though U.S. Meat Export Federation (USMEF) spokesman Joe Schuele said it was because there is virtually no ground beef market in Taiwan for U.S. exporters and Taiwanese demand for offal is light at best.
Cellulosic-ethanol production, a cornerstone of the U.S. governments plan to curb greenhouse gas emissions, is earmarked to overtake corn ethanol over the next decade. But the industrys expected takeoff could be delayed by a year.
As much as 100 million bushels of U.S. corn could be lost after heavy snowstorms in recent days likely delayed until spring the final stages of an already historically slow harvest, analysts and meteorologists said last Monday..
If landowners plant trees to the extent the model suggests, this would be disruptive to agriculture in some regions of the country, said Agriculture Secretary Tom Vilsack. I dont believe the results ... are necessarily an accurate depiction of the impacts of climate legislation.
When charting a course for long-term sustainability in agriculture, farmers face the challenges of doubling world food production while coming to grips with the environmental framework needed to address climate change, a key executive from Deere Co.
Nebraska is predicted to harvest the states largest corn crop in history this year, with a total production of nearly 1.6 billion bushels on a record yield of 178 bushels per acre. Yet, getting that crop in the bin is proving to be a challenge, according to a news release from the Nebraska Corn Board (NCB).
Rancher Polly Rex characterized the exemption as a loophole that could ultimately rob her of the means to grow hay and water her livestock. Rex said a subdivision of more than 60 homes going up next to her Absarokee, MT, ranch could eventually draw down the natural springs she uses on an adjacent 1,250-acre field.
Lawmakers divided largely along party lines last Wednesday at a House hearing on agriculture and climate change while USDAs chief economist tried to emphasize that while climate legislation would increase costs to producers, those expenses would be gradual over several decades.
A coalition of 50 farm and agriculture groups is asking the Obama administration to almost double the USDA budget for competitive research grants to $500 million in its fiscal year 2011 budget request to Congress.
In a normal El Ni o event, the combination of warmer than normal equatorial Pacific temperatures and a west-to-east subtropical jet stream component results in more generous wintertime precipitation in the southern third of the U.S.from south-central Kansas south through Texas, and east to Georgia and Florida.
Grim financials for dairy and pork producers were casting a pall over proceedings of the National Agricultural Bankers Conference in San Antonio, TX, last week. For the first time in 25 years, sessions were concentrating on topics such as organizing loan workouts, handling bankruptcies, and stresstesting loan portfolios.
The unseasonably wet and cool fall may leave dairy producers scrambling to find their supplies of dairy-quality hay for winter.Just as farmers have struggled to get row crops out of the field because of the rain and snow this fall, alfalfa growers also have found it difficult to get their last cuttings of alfalfa dried and put up, especially with the quality needed for dairy cattle, according to Dr.