News
NAMA to Present Its Highest Honors
Published Today
The National Agri-Marketing Association has announced its annual award winners. Todd Frazier, vice president of U.S. marketing, Corteva Agriscience, is the 2024 Agribusiness Leader of the Year. Brian Torrey, who is the advertising and marketing communications manager for John Deere,…A Normal Planting Date Anticipated
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Soil moisture levels got a boost from the last blast of winter weather. Syngenta Crop Protection Agronomy Service Representative Aaron Kromann believes it also pushed back the planting season. "I'd expect planting conditions and timing to be about average," said Kromann.…The Last Word
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The Prospective Plantings Report is USDA’s best acreage guess before most planters begin to roll. USDA Chief Economist Seth Meyer said weather remains the wild card. "Weather always has the last say, right? When we think about a lot of things…Positive ROI for Lamb Checkoff Investment
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A new study on the national lamb checkoff program highlights its return-on-investment. Texas A&M University conducted this research. It found an average return of $16.60 for every dollar invested in promotion. The activity in the rest of the meatcase also…Layoffs Coming at John Deere Waterloo Operations
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John Deere is laying off more than 300 employees at its Waterloo operations. This layoffs take effect at the end of April. In a statement, Deere officials said each factory balances the size of its production workforce with the needs…Endangered Species Act Restrictions Restored
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The Biden Administration has made changes to the Endangered Species Act, repealing language that was added during the Trump years. Biden reinstates blanket rule protections for species listed as threatened and stops any consideration of the economic impact of listing…Surprise, Surprise
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The big surprise in the flurry of USDA numbers was with corn acreage. USDA is forecasting corn at just over 90 million acres. That’s down 4.6 million from last year and is 1.7 million acres below the average trade guess.…Syngenta Group FY23 Sales Drop 4%
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The Syngenta Group reports full year sales of $32.2 billion, down $1.2 billion or four percent year-over-year. Sales were impacted by the destocking phenomenon when crop protection distributors and retailers drastically reduced inventories. That was in reaction to an inventory…China Challenges U.S. EV Tax Credits
Published Today
China has begun a World Trade Organization dispute with the United States over the use of tax credits to promote the production of electric vehicles and renewable energy projects. China claims the tax credits created under the Inflation Reduction Act…