U.S. farmers can expect a record corn crop, another huge soybean harvest, and strong demand for its exports, which should combine to produce strong incomes for the agriculture sector this year, USDA said in its latest forecast.
The ethanol industry could face the same difficulties hitting biodiesel producers if Congress doesnt extend the 45-cent blenders tax credit by the end of 2010, the president of the Renewable Fuels Association (RFA) said last Tuesday.
Agco, which makes farm equipment under the Massey Ferguson, Challenger, Fendt and Valtra brand names, said it believed Europe and North America were stabilizing, but it still needed to reduce inventories in those markets by idling some facilities..
House Agriculture Committee Chairman Collin Peterson, D-MN, has cosponsored a House bill that would block the Environmental Protection Agency (EPA) from regulating greenhouse gases through the Clean Air Act.
A desire to continually improve Beef Quality Assurance (BQA) on their operations while successfully encouraging others around them to implement BQA was evident this week as two producers were honored with the annual national BQA award which was...
Biofuels makers have been waiting for the rules which are designed to implement a 2007 law that mandated an ever-increasing amount of biofuels be added to transportation fuel. This year, 12.95 billion gallons of renewable fuel must be part of the supply, up almost 17 percent from last year.
USDA trimmed its food inflation forecast for 2010, projecting prices at grocery stores and restaurants will rise at the same rate. USDA lowered the con- sumer price index for all food to gain 2.5 percent to 3.5 percent from its December forecast of 3 percent to 4 percent.
If you want to talk to a beef producer who really knows how to manage pastures, you cant do much better than Missouris John Wood. Forages are more than just one part of his herds feed regime; they are the only part.
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.