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NAFTA Renegotiation Has Ag, Energy Implications

Renegotiation of the North American Free Trade Agreement (NAFTA) could put U.S. producers in a detrimental position, from a farm cost as well as an export standpoint. So says American Farm Bureau Federation trade economist Allison Specht, who is concerned about a request from a group of Mexican senators that their government renegotiate the agreement purportedly to guarantee sustainable rural development south of the border. If the U.S. refuses to review the nearly 15-year-old --More

Monsanto Fund Donates to IAITC

Monsanto Fund, a philanthropic arm of the Monsanto Co., has donated $50,000 to Illinois Agriculture in the Classroom (IAITC) program. The funds gift will match other funding and in-kind support for IAITCs Action Science Through Agriculture program. That program provides Illinois teachers with scientifically based resources to help teach students about agricultures role in American society. Monsanto people know the future belongs to those who understand and wisely use science and --More

GROWMARK Reports Record Sales, Earnings

GROWMARK Vice President of Finance Jeff Solberg announced Friday the cooperative had sales of $6.3 billion for the 2007-08 fiscal year, an all-time record. GROWMARK net income is estimated to be $312 million, also an all-time record. The unaudited figures top the previous record set just last year ($4.2 billion in sales; $134 million in net income). The results from operations include our traditional wholesale divisions of seed, plant, food, crop protection, energy, and facility --More

Brazilian case againt U.S. ethanol import tariff weak - market specialist

BY MARTIN ROSSFarmWeek Brazilian producers “don’t have much of a case” as they take concerns about U.S. duties on Brazilian ethanol imports before the World Trade Organization (WTO). So --More

Governor names state flood task force

State leaders representing different regions of Illinois will study flood recovery efforts and long-term recovery needs and identify critical projects. Gov. Rod Blagojevich last week --More

Sharp contrast apparent between food, ethanol profits

By Martin RossFarmWeek Food manufacturers may have found profit opportunities in consumer perceptions about biofuels and corn prices, according to a director with one of Illinois’ --More

Senate takes up amendatory vetoes

State senators last week debated Gov. Rod Blagojevich’s authority to make expansive veto changes. “Many members stated the governor has exceeded his constitutional authority --More

Lengthy farm bill implementation expected

BY DANIEL GRANTFarmWeek If producers thought passage of the twice-vetoed 2008 farm bill was a lengthy process, they could just as frustrated by the implementation phase. Glen Keppy, --More

Buchanan: U.S. needs U of I bioenergy study, education

BY KAY SHIPMANFarmWeek Energy is critical for today’s society, and the University of Illinois is a leader in developing bioenergy and its future leaders, according to the USDA --More

Biotech insurance discount may be extended in 2009

Federal risk management officials are close to expanding the pilot Biotech Yield Endorsement (BYE), which offers a premium discount to growers of certain GMO corn hybrids. USDA’s Federal Crop --More

Dow: Refuge reduction request scientifically valid

Dow AgroScience is seeking a reduced Bt planting refuge for forthcoming “eight-stack” corn varieties, arguing the technology can boost yields without producing hardier insects. --More

Dow envisions 'billion-dollar corn seed business'

By Martin RossFarmWeek Amid unprecedented demand for food and biofuels and in the face of soaring input prices, Dow AgroSciences aims to become a “billion-dollar corn seed business,” Dow --More

Wheat in rotation can add dual benefits

BY DANIEL GRANTFarmWeek Farmers may have more incentive than simply higher prices to add or maintain wheat in their rotations. A University of Illinois crop rotation study at --More

Conservation Expo rolls out new ideas

BY KAY SHIPMANFarmWeek Underground storm water detention systems, drainable pavement, and a visually pleasing erosion-deterring chute were some of the new ideas installed last week --More

FS - From the fields

BY JEFF BUNTINGThere are a number of individuals who have been out walking cornfields and making yield estimates. If you’re interested in how to determine corn yields, contact your local FS --More

Cattle prices headed sideways?

Cattle prices could slip into a sideways trend despite the fact the inventory of cattle and calves on feed as of Aug. 1 was down 4 percent, according to Dale Durchholz, AgriVisor market --More

Late crop harvest could slow wheat planting

BY DANIEL GRANTFarmWeek Winter wheat growers may have a small window this fall to plant their crop due to slow development of the corn and soybean crops.The portion of the state’s soybean --More

Monsanto sells Posilac business

Monsanto announced last week it is selling its Posilac brand and related business to Eli Lilly and Co. for a reported $300 million. Posilac, the brand name for recombinant --More

Technologies aid in competition

BY SID PARKSIf you’re like me, you had more than a passing interest in the 2008 Olympics in Beijing, China. I spent several hours each evening watching the competition, marveling at the skill and --More

Crop estimates dependent on the weather's whims

BY DANIEL GRANTFarmWeek Farmers wanting to gauge the yield potential of their crops may get the best indication by looking to the sky. After a cool and slow start to the growing --More