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We are already paying thrice for Washington s love affair with corn-based fuel, in the form of higher taxes, higher gasoline prices and higher food prices. Yet, because of the prodigious amounts of energy and fertilizer used in its cultivation, corn-based ethanol provides little or no reduction in CO2 over the gasoline it displaces. Thirteen counties have been declared disaster areas by the USDA, making ranchers in those areas eligible for low cost loans. of Pilgrim's Pride, one of...

The bee losses haven't affected crops this year, because sustained good weather in the spring gave remaining bees adequate time to pollinate and beekeepers aggressively restocked their hives and imported bees. hives last winter, has been found in 35 states and one Canadian province, according to a survey of beekeepers released last week by Bee Alert Technology inc., a bee research and beekeeper products company based in Missoula, Montana. Other pollinated crops, such as almonds and melons,...

Department of Agriculture reported the choice grade boxed beef cutout value Friday down $1. The number of loads reported for fabricated cuts was 204 and for trimmings and coarse grinds was 80. The index formula is derived using USDA pork cutout values and western corn belt hog prices. The latest operating margin index for beef packers was minus $14. The projected value for the two-day average CME lean hog index for Thursday was $77. CHICAGO (Dow Jones)--A summary of fundamental data for...

The need for COOL is once again driven home by the Food and Drug Administration s (FDA) discovery that the tainted Chinese feed additives were labeled as wheat gluten and rice protein, but actually were ordinary wheat flour illegally mixed with melamine and related banned compounds in an effort to boost the apparent protein content. The recent melamine problems in wheat gluten and rice protein imported from China brings to center stage the issue of unrestrained free trade as it relates to...

Slackening demand may have also weighed on farm gate prices for HRW Monday, as USDA reported a halving in weekly export inspections for that class of bread-quality wheat. Grain merchandisers feel the amount of US cornh acreage in good/excellent condition could be as much as 3 percentage points higher when USDA crop condition ratings are updated late Monday afternoon. CIF/export/barge/track basis for other US cash grains were mixed Monday, with values 2-5 cents higher for spring wheat, and...