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Friday, August 28,2009

Whats an acre worth?

by DTN
It is taken on faith that this years farmland rental rateswhich hit $500 per acre in a few cases in Illinoisreflect last years economy at least, if not the past couple of years. Landlords nearly everywhere set higher rental rates this year because 2008s crop income was so good.

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Friday, August 28,2009

Food safety requires full traceability

by DTN
Proposed food safety legislation calls for a full history of the food. That means every point in the supply chain, from the feed additive producers to the retailers who sell consumers their dinner, will have to communicate with each other about every step in the creation, production, packaging and transport of that product.

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Friday, August 21,2009

USDA will work to modify loans

by DTN
USDA officials are going to hold conference calls with major agricultural lenders this week, asking those banks and Farm Credit institutions to give struggling farmers more latitude in paying loans.

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Friday, July 17,2009

Nebraska seeks funds to cull herd

by DTN
Nebraskas two U.S. senators and three representatives sent a letter to USDA requesting funds to compensate a Rock County, NE, rancher for culling his herd after several cattle in the herd contracted bovine tuberculosis (TB).

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Friday, June 5,2009

Cattlemenīs Beef Board approves changes to Beef Checkoff Program

by DTN
Talks are starting among cattle and meatpacker groups over possible changes to the beef checkoff. The American Farm Bureau Federation hosted a meeting last Tuesday in Washington for several groups to explain their individual policies and review recommendations laid out in January to the U.

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Friday, May 1,2009

Lack of ID system could cost $13.2 billion annually

by DTN
The U.S. beef industry could lose $13.2 billion a year in market access overseas if a more robust livestock tracking system is not adopted, a study released by the Agriculture Department said last Wednesday. The report, written by university researchers, said the international market expects exporters to have animal identification and tracing systems.

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Friday, May 1,2009

Commodity trading oversight on hold

by DTN
Senatorial holds placed on the nomination of Gary Gensler to chair the Commodity Futures Trading Commission (CFTC) are increasing Wall Streets power to stop efforts to boost regulation of credit default swaps and other derivatives, House Agriculture Committee Chairman Collin Peterson, D-MN, said last Tuesday.

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Friday, April 17,2009

Vilsack hears arguments on animal ID system

by DTN
USDA Secretary Tom Vilsack sat down last Wednesday to listen to opinions from livestock and meat industry representatives on what direction they believe the government should take in improving its animal identification and tracking program.

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Friday, April 17,2009

Korea remains third-largest buyer of U.S. beef

by DTN
South Korea has reclaimed its position as the No. 3 market for U.S. beef after lifting a five-year ban put in place following the first case of mad cow disease in the U.S. in 2003. Industry sources expect sales to South Korea to continue rising in coming months amid some stability in the currency markets and as the cookout season begins.

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Friday, April 3,2009

Weather remains an unknown for alfalfa production

by DTN
Barring any unforeseen weather factors, the coming growing season should be favorable for alfalfa, according to Dr. Bruce Anderson, professor of agronomy at the University of Nebraska- Lincoln. Conditions are good for a pretty favorable growing season so far, Anderson said.

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