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Wisconsin farm groups fight EPA on atrazine levels

Some of Wisconsin's largest farm groups are worried federal regulators will expand restrictions on atrazine, a weed killer sprayed on corn fields and other crops.  The U.S. Environmental Protection Agency issued a draft ecological risk assessment of atrazine this summer and recommended reducing the allowable levels.  Farm groups have asked farmers to contact the EPA and urge the agency to reconsider its stance.  Wisconsin Corn Growers Association officials said the reduced allowable levels would effectively ban the use of the weed killer in nearly 100 herbicide mixes. [node:read-more:link]

Bayer to acquire Monsanto in a $66 billion deal

Bayer's acquisition of Monsanto, at $128 per share, is the largest cash bid on record. Bayer and Monsanto have signed a definitive merger agreement under which Bayer will acquire Monsanto for USD$128 per share in an all-cash transaction ($66 billion). Based on Monsanto's closing share price on May 9, the day before Bayer's first written proposal to Monsanto, the offer represents a premium of 44 percent to that price.The combined agriculture business will have its global seeds and traits and North American commercial headquarters in St. [node:read-more:link]

Drought 2016 limited yields in some counties, but not everywhere

Most crops got off to a decent start this year in Ohio and Pennsylvania. But the success of the crop from mid-season onward all depended on who got the rain — and who did not.  For most of Ohio and Pennsylvania, and especially upstate New York, rain was a spotty thing that came in time for some counties, while going around others, leaving behind an unusual and unfortunate path of drought across the three states.  On the upside, heavy rains came by mid- to late August. But for many crops, especially corn, the damage had already been done. According to the U.S. [node:read-more:link]

Ag Mergers Will Draw Senate Scrutiny Next Week

Senate Judiciary Committee Chairman Charles Grassley, R-Iowa, has scheduled some must-see TV for farmers and other involved in the seed, biotechnology and chemical mergers.  Grassley released a witness list late Wednesday for the Sept. 20 hearing by his committee -- Consolidation and Competition in the U.S. Seed and Agrochemical Industry. [node:read-more:link]

While most of US gets a raise, rural areas stand pat

In another sign that the economic recovery is moving very slowly for rural America, median household incomes for rural Americans didn’t improve from 2014 to 2015 while they did for metropolitan areas.  The Census Bureau’s newly released income and earnings report for 2014-2015 showed that median household incomes rose last year for the nation for the first time since 2007. Nationally, median household income grew by about $2,800 to reach $56,516 in 2015. [node:read-more:link]

Corn farmers will lose money on virtually every cob

Pale green and 8 feet tall, tightly packed corn stalks reach to the horizon throughout the Midwest in what is likely to be the biggest harvest the U.S. has ever seen.Aside from a sense of pride in breaking the previous record by nearly a billion bushels, farmers won't benefit. They'll lose money on virtually every cob.It'll be the third consecutive year in which most corn farmers will spend more than they'll earn. The growing has been too good and the resulting glut of corn depressed prices to a decade-low. [node:read-more:link]

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