Hoosier Ag Today by: Gary TruittHurt: No Market Turnaround YetChris HurtThe USDA Supply and Demand report on Tuesday provided a bounce in corn and soybean prices, but not a significant change in the bearish tone of the market. Purdue Ag Economist Chris Hurt says we...
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Syngenta Merger Talks Ongoing
Hoosier Ag Today by: Gary TruittMerger talks continue for Swiss-based Syngenta with China’s State-owned ChemChina and U.S. based Monsanto. Interim CEO Michel Demare told Reuters “we are at a stage where we are looking at different combinations,”...
Cattlemen Testify to the Importance of the Trans-Pacific Partnership
Hoosier Ag Today by: Gary TruittThe National Cattlemen’s Beef Association testified on what it called the importance of the Trans-Pacific Partnership to the U.S. International Trade Commission Thursday. Kevin Kester, National Cattlemen’s Beef Association...
National Ethanol Supplies Increasing,
Hoosier Ag Today by: Gary TruittThe ethanol industry has a lot of product in storage right now, according to Garrett Brown, merchandiser for Dakota Spirit AgEnergy, an ethanol plant in Spiritwood Township. ?Overall, the (U.S.) supplies have increased and the (profit)...
House Passes Resolution to Disapprove WOTUS
Hoosier Ag Today by: Gary TruittThe U.S. House passed a joint resolution to disapprove the Waters of the United States rule under a Congressional Review Act. The measure passed the House by a vote of 253-166. The resolution cleared the Senate last November but faces a...
Oil futures trade below $30 a barrel for first time since 2003
Hoosier Ag Today by: Gary TruittOil futures extended their 2016 plunge, with the U.S. benchmark trading below $30 a barrel for the first time since December 2003. West Texas Intermediate oil for February delivery on the New York Mercantile Exchange CLG6, +1.64% were...
USDA Report Sparks Market Rally
Hoosier Ag Today by: Gary TruittArlan SudermanTuesday’s USDA World Supply and Demand Report sparked a rally in corn, wheat, and soybean prices. While the numbers were not that bullish, they were not as bearish as the market had been expecting. Alan...
Soybean Growers Echo President Obama?s Commitment to Trade in State of the Union
Hoosier Ag Today by: Gary TruittThe American Soybean Association (ASA) welcomed the commitment tonight from President Barack Obama to trade and its promise for the American economy. Specifically, ASA looks forward to continuing its cooperation with the administration...
Former GMO Activist Talks with Farmers
Hoosier Ag Today by: Gary TruittMark LynasWorld-renowned environmentalist Mark Lynas shared his experience of moving from anti-GMO activist to advocate for biotechnology at a featured workshop at the 97th American Farm Bureau Federation Annual Convention and IDEAg...
Ag Industry Files RFS Appeal
Hoosier Ag Today by: Gary TruittA coalition Last week filed a petition in a U.S appeals court to review the Renewable Fuel Standard. The groups are asking the courts to review the Environmental Protection Agency’s RFS volumes for 2014, 2015 and 2016, announced...