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News
by DTN
Jul 26, 2013
The department received nearly 28,000 offers on more than 1.9 million acres of land, according to a USDA news release. USDA has enrolled nearly 12 million acres in new CRP contracts since 2009. Currently, there are more than 26.9 million acres enrolled on 700,000 contracts.
Markets
by DTN
Jul 19, 2013
Get ready to say goodbye to the latest bonanza years of grain agriculture. The world may be adding billions of new mouths to feed over the next few decades, but population growth alone isn’t enough to sustain record-busting crop incomes that made...
News
by DTN
Jul 19, 2013
Vilsack was reacting to statements by House Agriculture Committee Chairman Frank Lucas, R-OK, late Tuesday that Lucas does not expect the House Republican leadership to appoint farm bill conferees before a determination is made on a nutrition bill.
News
by DTN
Jul 19, 2013
Federal Reserve (Fed) pronouncements jolt stock and bond markets, just as much as USDA’s crop reports can send commodity prices spinning. But with exports, inflation, interest rates and credit availability at stake, it’s worth asking how a shift in Fed policy matters to U.
News
by DTN
Jul 5, 2013
More than 27 million acres of farmland are under Conservation Reserve Program contracts now. Unlike cash rent, CRP rents constitute an “environmentally-friendly business” so are subject to SE taxes, the Tax Court ruled last week. (Graphic courtesy of FSA).
News
by DTN
Jun 28, 2013
The U.S. Supreme Court last Monday announced it will not hear an American Petroleum Institute plea to strike down the Obama administration’s decision to allow the sale of E15. The move effectively ends the legal challenges to E15, a fuel seen as a way for the ethanol industry to overcome the so-called blend wall.
News
by DTN
Jun 7, 2013
Monsanto Co. shared a validated testing method for identifying the Roundup Ready wheat trait with USDA and concerned importing nations, the seed company said in a statement late last Monday. It’s a development that could soothe fears of widespread contamination of U.
News
by DTN
Jun 7, 2013
One of the recent challenges we have faced as tax advisers is to find all the tax increases buried in the Affordable Care Act (ACA) and help our clients deal with them. This year it has been the 3.8 percent investment income tax and the extra Medicare tax.
News
by DTN
May 31, 2013
There are no GE wheat varieties approved for sale or in commercial production in the U.S. or elsewhere at this time, but the agency stressed it does not pose a food safety concern. There is also no information that indicates this trait entered the commercial supply chain, according to an APHIS Q&A fact sheet.
News
by DTN
May 31, 2013
In south-central Minnesota, farmer Mark Nowak has already buried hopes for the remaining 25 percent of his 2013 corn crop. With only 3-1/2 days suitable for planting this spring and a chance for rain every day now through June 8, Nowak plans to file a prevented planting claim when his crop insurance final planting date hits May 31.
News
by DTN
May 10, 2013
In a conference call to reporters shortly after Senate Agriculture Committee Chairman Debbie Stabenow, D-MI, announced the committee markup of the bill will be next Tuesday, Gillibrand, D-NY, said she believes the bill “will move to the floor as early as next week.
News
by DTN
Apr 26, 2013
Fertilizer continued on its nearly six-month-old path of extremely steady prices, according to retailers tracked by DTN for the third week of April 2013. But the explosion at a Texas fertilizer outlet is renewing safety concerns about the storage of certain fertilizer products.
News
by DTN
Apr 19, 2013
If anyone can turn around EPA’s relationship with rural America, it may be Bittleman. She comes to EPA after serving as senior adviser to Agriculture Secretary Tom Vilsack on energy and EPA issues. In that capacity, she was viewed as a strong advocate for renewable fuels, including ethanol.
Markets
by DTN
Mar 29, 2013
Some of the largest increases, percentage wise, come from increased planting in Arkansas, Mississippi and other Delta states as farmers switch from cotton to corn. USDA expects farmers in Illinois, Indiana, Missouri, Kansas, South Dakota and Nebraska to plant slightly less corn than last year.
News
by DTN
Mar 29, 2013
The word “extreme” is getting a workout regarding spring 2013 vs. spring 2012. A year ago, record-high temperatures and dry soils had corn growers running planters by mid-March. There’s a sharp contrast in 2013: Daytime temperatures running 20 degrees Fahrenheit below normal have made March seem like a displaced version of January.
News
by DTN
Mar 22, 2013
Manure applied to fields from cows fed corn or dried distillers grains with solubles did not affect the transport of fecal indicator bacteria, according to research conducted by Agricultural Research Service scientists at the Agroecosystems Management Research Unit in Lincoln, NE.
News
by DTN
Mar 22, 2013
Commodity Futures Trading Commission (CFTC) Commissioner Bart Chilton wants to make sure customers are protected if another futures commission merchant fails, but he also wants to address industry concerns about the expense of a CFTC-proposed rule on customer protections.
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