Energy Bill Dies in Senate
The Cap and Trade bill, approved by the House last summer, is officially dead as of Thursday, according to Senate Majority Leader Harry Reid.
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Financial Reform Elements’ Impact on Ag
The recently passed financial reform legislation sets up a new federal agency to police consumer lending, set up an early warning system for financial risks, force failing firms to liquidate before they become “too big to fail,” and require previous “over-the-counter” financial instruments that have been largely uncontrolled to be traded on regulated exchanges and set up rules for OTC instruments that will remain uncontrolled otherwise.
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Glyphosate-Resistant Waterhemp in Indiana
Glyphosate resistance has spread to include waterhemp, which has been confirmed in Indiana.
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Goss's Wilt Found in Corn in Illinois
A corn leaf sample sent in last week to the University of Illinois was confirmed to have Goss's wilt, which is an uncommon disease in Illinois.
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Operator of the Year Nominations Open
Ag retailers can now submit their nominations through Oct. 31 for the 2010 Operator of the Year Award that is sponsored by AGCO.
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CIPA: USDA Missed Opportunity in SRA
The vice chairman of the Crop Insurance Professionals Association told Congress last week that the USDA mishandled the recent Standard Reinsurance Agreement (SRA) negotiations.
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American Vanguard Acquires Cotton Defoliant
Bayer CropScience has sold its cotton defoliant Def to American Vanguard Corporation.
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Texas Extension Service Cuts Jobs
Texas AgriLife Extension Service officials have completed the task of notifying 63 employees their jobs will end between now and Oct. 31 as part of a cutback in Extension services because of budget woes.
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CHS Foundation Gives $75,000 in Scholarships
Fifty high school graduates and 25 two-year college students who are studying agriculture were given $1,000 in scholarships from the CHS Foundation.
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DDGS and Coarse Grains Conference Announced
A new international trade conference sponsored by the Renewable Fuels Association and the U.S. Grains Council with focus on the export of U.S. distillers dried grains with soluble and coarse grains was announced and will take place Oct. 6-8 in Chicago.
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Bacterial Stalk Rot of Corn Showing Up
Seed and dent corn fields in Indiana are exhibiting slimy, discolored corn stalks, according to Purdue University.
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Mapping Out Pathways to Better Soybeans
Scientists are looking into ways to pack more protein into soybeans, which could boost their value and help U.S. growers compete in international markets.
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BIG PICTURE
By Doane Economist
The Cattle reports came in near expectations. The Cattle on Feed report showed June placements 117% of year ago with marketings at 100%. Cattle on Feed as of July 1 totaled 10.494 million head, up 3% from a year ago. Placements were a little below trade expectations at 120% while marketings were a little light with the trade anticipating a 2% increase. The report isn't too far from expectations, but is a little negative for August futures but a little positive for December and February.
The Cattle inventory was also close to expectations. All cattle and calves as of July 1 total 100.8 million head, down 1.2% from a year ago. Beef cows at 40.8 million are down 1.4%. Heifers for beef cow replacement were down 2.2%. The calf crop is down 1.1% from a year ago. The supply of feeder cattle outside feedlots is estimated at 9.95 million head, down 600,000 or 5.7% from a year ago. Clearly, the tighter supply of feeders should be positive for feeder cattle prices. Overall, the inventory report shows further contraction in the herd with no sign yet that the contraction phase is ending.
Featured products at MAGIE 2010, Aug. 18-19 in Bloomington, Ill.
AGCO
AGCO will introduce the latest generation of application equipment including new models of the TerraGator high-volume flotation applicator and the RoGator high-clearance applicator. The new model year 2011 TerraGator — to be unveiled at MAGIE — has been redesigned to deliver even greater power, precision, responsiveness and fuel efficiency.
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Wilger
Wilger will be displaying the COMBO-JET original combined tip/cap with four models of droplet size and drift reduction options in both 80- and 110-degree spray angles. The online automated TIP WIZARD gives users the tool to select the right tip for the speed range of each application.
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You are on an airplane and you strike up a conversation with the person next to you. She is the decision maker of a company that buys your competitor's products and services. You have such a great exchange during the flight that she asks you for your card and gives you the opportunity to bid for their business. You do and you win the account. Ethical or unethical way to liberate business from your competition? Every single one of you should have said very ethical. But, it is not.
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This year, preharvest weed problems are starting to appear in some wheat fields, especially in thin fields and areas with abundant rainfall. Any further delays in harvest will likely exacerbate the problem.
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For more, visit the Wheat Resource Center.
Soil scientists studying bacterial communities in hardwood forests have found evidence that extra human-derived nitrogen deposited from the atmosphere can change the composition of the soil microbial community, with implications for carbon cycling and sequestration.
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For more, visit the Crop Fertility Center.