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Friday, January 27,2012

House ag chairman says ag groups need to come together

by DTN
“This is something I have been harping on privately to various groups and publicly,” Lucas said in a phone interview last Wednesday with DTN. “If we don’t come to some sort of a practical consensus, if we can’t march together, if we are fractured up, then we’re lost.

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Friday, January 27,2012

Butler, GIPSA head, resigns

by DTN
“I want to thank J. Dudley Butler for his outstanding service as administrator of the Grain Inspection, Packers, and Stockyards Administration,” Agriculture Secretary Tom Vilsack said in a statement distributed by his office.

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Friday, January 13,2012

Farm Bureau rewrites policy during Hawaii meetings

by DTN
Farm Bureau delegates reversed their position last Tuesday from last year’s farm-policy recommendations that had effectively defended keeping much of the commodity title from the 2008 farm bill intact. Instead, Farm Bureau stripped its policies supporting direct payments, counter-cyclical payments, and the Average Crop Revenue Election program.

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Friday, January 6,2012

Drought gripped Southern Plains in 2011

by DTN
For much of West Texas, drought conditions are nothing new, but it was hard to find anyone in 2011 who recalled a worse drought. Amarillo, TX, generally averages 20 inches of precipitation annually. Through mid-August, the city registered 2.5 inches. By late December, that had bumped up to 6 inches, reflecting a minor fall reprieve.

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Friday, December 30,2011

Last year´s volatile corn market

by DTN
You might feel as if you have whiplash, almost as if someone else spent their year yanking you back and forth. It’s been an unprecedented year for grain markets with many daily moves dictated by headlines from Europe rather than news from the Corn Belt.

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Friday, December 30,2011

China becomes top ag market

by DTN
China passed Canada as the top market for U.S. ag exports in 2011. As recently as 2004, China’s purchases totaled only $6 billion, making it our fifth-largest ag export market. In the fiscal year that ended Sept. 1, the world’s largest importer of cotton and soybeans bought $20 billion of U.

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Friday, December 30,2011

When segregated funds become unsegregated: The MF Global debacle

by DTN
MF Global appears to have violated one of the major tenets of clearing house accounting: the company transferred money from segregated customer accounts to the firm’s proprietary accounts. And since the firm declared bankruptcy, those funds have become the center of a collapse that has shaken farm country nationwide.

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Friday, December 9,2011

House ranking member pitches reviving supercommittee plan

by DTN
House Agriculture Committee ranking member Collin Peterson, D-MN, wants Congress to consider adding the farm bill, which was prepared for the failed supercommittee on deficit reduction, to a bill to pay for an extension of payroll tax relief and...

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Friday, December 9,2011

Agribusinesses enjoying good times, but cautious about future

by DTN
Agribusiness owners put their present situation at 118.0, or very positive and second only to November 2010’s 122.2 rating. However, looking ahead, agribusinesses managers who do business with farmers are the most negative about the future since the index’s inception, giving a rating of 88.

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Friday, December 2,2011

Cleaning cows from inside out naturally

by DTN
Who knew? Those thick, sharp-tasting orange peels that people would never dream of eating are “snack heaven” for cows. Not only does the cow get good roughage and vitamins, but it also gets an antimicrobial boost from the peel’s essential oils.

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