- At the Bluegrass Vacations 500 race, NASCAR reached a significant milestone, announcing that their drivers surpassed 15 million miles on the E15 ethanol blend. NASCAR adopted E15 in 2011 across its three national racing series to reduce emissions in their sport, all while maintaining the high-performance standard needed by drivers during every race. Growth Energy, […]
- President Donald Trump defended his tariff policies during a speech on Tuesday at the Economic Club of New York. Politico says he denied that his erratic trade policies are causing uncertainty for U.S. businesses. Trump doubled down, saying the U.S. would “actually be in much worse shape” over the long term if he wasn’t aggressively […]
- A federal court dismissed one of the multiple lawsuits challenging the Environmental Protection Agency’s use of small refinery exemptions. The Washington, D.C., District Court of Appeals said in its ruling that the Advanced Biofuels Association didn’t “identify a final agency action” in the lawsuit it filed back in May of 2018. The biofuels group said […]
- Registration and housing for America’s largest farmer-led, farmer-focused agricultural and educational experience officially opens at 10:00 a.m. Central on Wednesday, November 13. The 2020 Commodity Classic will be held Thursday, Feb. 27 through Saturday, Feb. 29 in San Antonio, Texas. To register, reserve hotel rooms, and sign up for email updates, visit CommodityClassic.com. Early discounts on […]
- Earlier this week, Dean Foods filed for Chapter 11 bankruptcy. Sales dropped 7 percent in the first half of the year, profits fell 14 percent, and stock in Dean Foods lost 80 percent of its value. The nation’s oldest milk producer says its struggles stem from the fact that Americans aren’t drinking as much fluid […]
- Congress will likely consider another continuing resolution this month to fund federal farm programs. Congress has a few days left to complete the 2020 appropriations process before a continuing resolution expires. R.J. Karney, American Farm Bureau Federation congressional relations director, says the House and Senate are still working on spending levels for agriculture. “The good […]
- The American Bankers Association teamed up with Farmer Mac for their Fall 2019 Ag Lender Survey. The biggest takeaway from the report is that the agricultural economy and farm income remain under stress, with little if any signs of improvement ahead in 2020. Over 82 percent of lenders in the survey said farm profits were […]
The post Ag Lender Survey Shows Lower Profitability and Higher Concerns appeared first on Hoosier Ag Today.
- Crop progress reports were delayed a day because of the Veterans Day holiday, showing the entire country is still falling behind the five-year average. 66 percent of the corn acres in the country have been harvested, falling behind last year’s progress of 83 percent, and the five-year average of 85 percent complete. In Indiana, 72 […]
The post Indiana Harvest Advances Thanks To Favorable Conditions appeared first on Hoosier Ag Today.
- Purdue University hosted the National Conference for Food and Agribusiness last week. The theme for the conference was data on data. Food retailers, food manufacturers, ag retailers, food processors, and farmers were all surveyed about how and why they collect data and use it. Ag Economics professor Dr. Nathan DeLay shared results from the farmers […]
The post What Data is Being Collected on the Farm and Who Can You Trust With It? appeared first on Hoosier Ag Today.
- Weather challenges, trade tensions, and long-term financial struggles continue to make life difficult in the U.S. agricultural sector. The Wall Street Journal says those headwinds are forcing an increasing number of farmers and ranchers to take on high-interest loans from lenders outside of the ag sector, just to stay in business. The more traditional farm […]
The post Farmers Turning to Riskier Loans to Stay in Business appeared first on Hoosier Ag Today.