DALLAS — U.S. policy makers should make oil production a priority, according to a brief analysis released by the National Center for Policy Analysis. Advocates of Brazil’s energy policies often cite Brazil’s increased ethanol use as a reason for its recent independence from foreign energy. With average retail gasoline prices nearing the all-time inflation-adjusted high […]
ST. PAUL, Minn. — CHS Inc., an energy, grains and foods company, has reported record earnings for the first half of its 2008 fiscal year of $468.9 million. Net income for the first half of fiscal 2008, (Sept. 1, 2007, through Feb. 29, 2008) compares with $220.1 million for the same period in fiscal 2007. […]
URBANA, Ill. — As some producers consider planting more rather than less corn in 2008, the issue may be whether lingering cold, wet conditions will limit corn acreage. “In the past, producers have been willing to plant corn ‘late’ in the face of high prices,” said University of Illinois Extension marketing specialist Darrel Good. In […]
COLUMBUS — High soybean prices and low input costs won out over the demand for ethanol production in U.S. farmers’ decisions to plant more soybeans and less corn this year. According to the March USDA prospective plantings report, U.S. growers intend to plant 74.8 million acres of soybeans, up 18 percent from last year. By […]
WOOSTER, Ohio — Ohio soybean growers, their sights set on increasing soybean acreage this year, may face crop production challenges due to less than optimum seed quality. Anne Dorrance, an Ohio State University plant pathologist with the U.S. Department of Agriculture, Ohio growers intend to plant 4.5 million acres of soybeans this year, up from […]
WEST LAFAYETTE, Ind. — The pork industry must take responsibility for its own problems, said a
MOSCOW — Deere & Company announced plans April 2 to significantly expand its presence in Russia.
WEST LAFAYETTE, Ind. — The nation’s farmers say they are shifting a large amount of acreage back to soybeans in 2008, according to the U.S. Department of Agriculture’s Prospective Plantings report after a year of heavy corn acreage, said a Purdue University expert. Producers intend to plant 74.8 million acres to soybeans, an increase of […]
Average market price projections are above levels that would trigger the USDA’s counter-cyclical payments.
WASHINGTON — The first 5.5 months into the 2007-2008 marketing year have shown noteworthy increases in the exports of U.S. corn and sorghum in markets where the U.S. Grains Council has been active in demand building and trade development programs. Corn imports are up in Asia and the Middle East with 5.7 million tons (2.24 […]