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Friday, March 5,2010

Biofuel firms seek 30 percent tax credit

by DTN
The advanced biofuel industry is pressing Congress to approve a 30 percent investment tax credit that it says is needed to help jumpstart production necessary to meet a national renewable fuel mandate.

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Friday, March 5,2010

U.S. animal ID plan affects exports

by DTN
The scrapping of the national animal identification (ID) system in the U.S. simply means that USDA Secretary Tom Vilsack recognizes that some things can be better handled on a state-by-statenot nationalbasis, according to U.S. Meat Export Federation (USMEF) President Phil Seng.

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Friday, March 5,2010

Organic advocates praise new USDA rules

by DTN
New federal rules that define what makes milk and meat organic have natural food advocates optimistic that the government is committed to ensuring the label means something.

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Friday, March 5,2010

Possible ag cuts rejected by House committee

by DTN
The House Agriculture Committee voted unanimously last Wednesday to tell the House Budget Committee not to cut any agriculture programs in the fiscal year 2011 budget, but House Agriculture Chairman Collin Peterson, D-MN, said he will still move forward with his plan to consider cuts if Congress should go through the reconciliation process.

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Friday, March 5,2010

Environment ministers urged to reject efforts by skeptics to derail global climate deal

by DTN
World weather agencies have agreed to collect more precise temperature data to improve climate change science, officials said last month as U.N. Secretary-General Ban Ki-moon urged environment ministers to reject efforts by skeptics to derail a global climate deal.

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Friday, March 5,2010

Beef exports could rise in 2010

by DTN
U.S. beef exports could rise this year, but a gain will depend to a large degree on economic conditions in importing countries.

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Friday, February 19,2010

CME creates DDGs futures contract

by DTN
CME Group Inc. will launch futures contracts for distillers dried grains (DDGs), a byproduct of corn ethanol production that can be used to feed animals, the exchange operator said last week. Trading in the DDGs con- tracts will start on April 26.

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Friday, February 19,2010

Feed problems contribute to tightening pork supplies

by DTN
Hog farmers, on the front lines of the $16 billion U.S. hog industry, have struggled with low prices for two years. Higher feed costs due to problems with the corn crop could cause a reduction in the amount of pork on the market due to both a drop in profitability and the slower hog growth rates.

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Friday, February 19,2010

Budget may force changes to some farm bill programs

by DTN
House Agriculture Chairman Collin Peterson said last Monday he believes the next Congress may have to take up a reconciliation bill that could include a rewrite of the farm program.

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Friday, February 19,2010

Deere earnings higher than expected

by DTN
Profitability in the unit that makes Deeres green tractors and harvesters was especially impressive, reporting margins of nearly 10 percentthree times what investors had expected, according to Eli Lustgarten, an analyst at Longbow Securities..

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