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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
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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
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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
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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’
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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
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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,
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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
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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
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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.
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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
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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
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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
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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
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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
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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
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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
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