A new S&P Global report commissioned by U.S. Farmers and Ranchers in Action finds limited growth in biofuel demand could put U.S. farmland under pressure. It warns that without higher ethanol blends and expanded fuel markets, millions of acres could shift out of production by 2050.
House Republicans approved a budget blueprint authorizing up to $12 billion in farm aid, sending spending instructions to the House Agriculture Committee as the measure heads toward a House floor vote next week.
"We receive three educations: one from our parents, one from our schoolmaster, and one from the world. The third contradicts all that the first two teach us."
Monsanto withdrew its petition seeking antidumping duties on Chinese glyphosate imports after farm groups strongly criticized the move as harmful to struggling farmers.
In a federal lawsuit over patent and licensing rights to glyphosate-resistant corn seed, Bayer CropScience on Monday asked a federal judge to dismiss an antitrust lawsuit brought by Latham Quality Inc., a company that alleged Bayer had made it too difficult to develop an off-patent glyphosate-resistant seed.