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Cargill Launches U.S. Carbon Farming Program for 2022 Season
Global commodities trader Cargill Inc is launching a carbon farming program for the 2022 season that will pay growers for production practices that lower emissions and capture more climate-warming carbon in soils.
September 16, 2021 02:31 PM
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Reuters
In September, the department asked semiconductor chip manufacturers and other companies in the supply chain to voluntarily submit data amid a shortage of chips that has curtailed auto production around the world.
GM to Cut North American Production, Citing Chip Shortage
General Motors will reduce production at most North American assembly plants this month because of the ongoing semiconductor chip shortage, hitting its profitable truck and sport utility vehicles, it said on Thursday.
September 02, 2021 04:27 PM
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Reuters
As the supply chain snarled, prices spiked. Prior to Hurricane Ida, a New Orleans barge of urea to ship in September to destinations across the U.S., Canada traded at $450 a ton. After, the price jumped to $552 a ton.
More Grain Terminals Found Damaged By Ida, Exports May Stall for Weeks
Grain shippers on the Gulf Coast reported more damage from Hurricane Ida to their terminals on Wednesday as Cargill confirmed damage to a second facility, power outages across southern Louisiana kept others shuttered.
September 01, 2021 05:02 PM
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Reuters
Fuel leaks from a capsized boat along Bayou Lafourche in the aftermath of Hurricane Ida in Galliano, Louisiana, U.S., August 31, 2021.
In Ida’s Wake, Louisiana Faces a Month with No Power as Heat Soars
South Louisiana braces for a month without electricity and reliable water service in the wake of Hurricane Ida, one of the most powerful storms ever to hit the U.S. Gulf Coast, as people faced suffocating heat, humidity.
September 01, 2021 08:06 AM
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Reuters
drought5.jpg
La Nina Seen Hurting Argentine Corn/Soy Crops, Export Logistics Over Next Six Months
Dryness over the next six months in Argentina is expected to reduce the size of the country’s two main cash crops, corn and soy, while complicating navigation of grain cargo ships on the Parana River, analysts said.
August 26, 2021 07:49 PM
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Reuters
Soybean Seed
Corteva Launches New Soy Seed in Brazil, Boosting GMO Competition
Corteva Inc has launched a new genetically modified soybean seed in Brazil following approval of the product in the European Union, a move likely to fuel competition on the local biotech seeds market.
August 24, 2021 10:06 AM
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Reuters
Photo Credit: Farm Journal
U.S. EPA to Recommend Lower Biofuel Blending Mandates Below 2020 Levels -Sources
The EPA is expected to recommend to the White House lowering the nation’s biofuel blending mandates below 2020 levels, in what would be a blow to the biofuels industry, two sources familiar with the matter said Friday.
August 20, 2021 01:44 PM
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Reuters
Net income rose to $2.09 billion from the quarter ended May 1, from $1.79 billion a year ago.
Deere Lifts 2021 Forecast on Solid Demand for Farm, Construction Equipment
Deere & Co beat Wall Street estimates for Q3 revenue on Friday and lifted its forecast on strong demand for farm and construction equipment. Revenue in equipment operations rose 32.5%, total revenue jumped 29.2%.
August 20, 2021 07:55 AM
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Reuters
Just-in-time rains drenched northern Indiana, northwest Ohio and southwest Michigan in mid-July, and now Bill Bauer says the potential for the crop in his pocket of the Corn Belt is extremely strong.
EPA to Ban Use of Pesticide Chlorpyrifos on Food Crops Over Health Concerns
EPA is banning the use on food crops of the pesticide chlorpyrifos. The decision is a victory for environmental activists who have fought to stop the use of the chemical that is applied to row and produce crops.
August 19, 2021 05:57 AM
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Reuters
Several chains say they are better prepared amid the pandemic this year since adding outdoor dining and home delivery, should the latest surge or new government restrictions scare some diners away again.
Delta, Beef Prices Threaten to Take the Sizzle Out of U.S. Steakhouses
Just as American steakhouses are recovering from the first wave of COVID shutdowns, the Delta variant threatens to diminish the appetite for a sector seen as a barometer for full U.S. economic recovery.
August 18, 2021 11:34 AM
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Reuters
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