Hoosier Ag Today by: Gary TruittOil futures briefly topped $50 a barrel on Thursday for the first time in more than six months, then eased back as traders weighed the impact of recent declines in global production on the glut of crude supplies. July West Texas...
HAT News Feed
Ethanol Production Down in Weekly Report
Hoosier Ag Today by: Gary TruittAccording to EIA data, ethanol production averaged 946,000 barrels per day (b/d)—or 39.73 million gallons daily. That is down 2,000 b/d from the week before. The four-week average for ethanol production stood at 945,000 b/d for an...
NPPC Says GIPSA, TPP Could Affect Producers
Hoosier Ag Today by: Hoosier Ag TodayThe House Ag Committee’s livestock subcommittee is holding a series of hearings this week on the livestock economy. One thing of particular concern to pork producers is the proposed USDA rule that relate to buying and selling...
Corn Exports Add $74.7 Billion To U.S. Economy
Hoosier Ag Today by: Gary TruittExports of U.S. corn and corn products generated $74.7 billion in annual economic output in 2014, with sales of all U.S. feed grain products contributing $82 billion, according to a new analysis conducted by Informa...
Bayer/Monsanto Deal Brings Concerns and Opportunities for Indiana Farmers
Hoosier Ag Today by: Gary Truittconsolidation wrapMike GundersonThe announcement of a possible merger of Bayer and Monsanto has sparked worries by growers about another big merger by imput suppliers. Randy Kron, President of Indiana Farm Bureau, told HAT he will be...
Monsanto/Bayer Update
Hoosier Ag Today by: Gary TruittMonsanto Co. rejected Bayer AG’s $62 billion takeover offer as too low on Tuesday, but the biotech seed giant said it remained open to further deal talks—which Bayer said it found...
It is Official: Bayer Wants to Buy Monsanto
Hoosier Ag Today by: Gary TruittIt is Official: Bayer Wants to Buy MonsantoAfter being rumored for weeks, Bayer announced yesterday it has made an offer to purchase Monsanto. If realized, the combined company would be the world leader in seeds, traits, and...
USDA Leading U.S. Ethanol Trade Mission to Mexico
Hoosier Ag Today by: Gary TruittUSDA Acting Deputy Secretary Michael Scuse is leading a U.S. ethanol mission to Mexico on May 24–25 to explore trade opportunities between the two countries.The mission participants include representatives from the Renewable Fuels...
Soy Growers Benefit from Meat and Poultry Export Growth
Hoosier Ag Today by: Andy EubankUSB on HAT with Scott SinglestadThe importance of poultry and livestock to soybean farmers is well documented. What may not be as well-known are the benefits for soybean farmers when U.S. meat, milk and eggs are exported.According to a...
Why Does Congress Hate Corn?
Hoosier Ag Today by: Gary TruittAs I write, farmers across the Midwest are risking their livelihoods, betting against the odds, and using the latest mechanical, satellite, and computer technology to plant this year’s crop of corn. This crop will, in turn, ...