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May 15, 2012
Article

U.S.-Colombia Trade Promotion Agreement Goes Into Effect May 15

Agriculture Secretary Tom Vilsack made the following statement about the U.S-Colombia Trade Promotion Agreement, or Colombia TPA, which enters into force today."Beginning today, U.S. agricultural exporters receive duty-free access on more than half of the products we currently export to Colombia, and virtually all remaining tariffs will be eliminated within 15 years."...More
May 15, 2012
Article

May 14 Crop Progress: Corn More Than Half Emerged; Soybeans Nearly Half Planted

U.S. farmers continue to be busy in the fields, making good progress getting the 2012 corn crop 87% planted and the soybeans 46% planted, according to the May 14 USDA Crop Progress report. This is 21 and 22 points, respectively, ahead of the five-year average....More
May 15, 2012
Article

Does Ethanol Really Lower The Price Of Gasoline? 1

The latest USDA supply-demand report indicated that corn processing for ethanol purposes would not increase much from the 2011 crop to the 2012 crop. About 5 billion bushels would be converted to ethanol. One reason is the blend wall that serves as a maximum for the 10% fuel blend to be incorporated into the nation’s motor fuel supply. And since the demand for gasoline is declining due to the recession, the demand for ethanol is not growing....More
May 15, 2012
Article

7 Causes for Corn Emergence Problems

Corn planting is nearing completion in Ohio. Across the state and within localized areas, corn is at a range of growth stages. Some of the corn planted in April is showing up to 4 leaf collars but in later-planted fields, corn is still emerging. Troubleshooting emergence problems early is critical in identifying solutions and developing successful replant plans, if needed....More
May 14, 2012
Article

Corn Market Direction Unfolding; Magnitude Still Uncertain

The USDA’s projections of U.S. and world corn and feed grain supply-and-demand conditions presented in the May World Agricultural Supply and Demand Estimates (WASDE) report set the benchmark by which the corn market will judge unfolding events. According to Darrel Good, a University of Illinois agricultural economist, those events are continually unfolding, with some of the more important ones to be revealed this summer....More

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