Iowa State University News
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The House Agriculture Committee proposed legislation that would cut farm programs by an estimated $40 billion over 10 years and end direct payments to farmers in favor of a growers safety net tied to crop insurance.
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Corn inventories in the U.S., the biggest grower and exporter, are poised for the largest expansion since at least 1960 as production rebounds to a record from last year’s drought.
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When dry weather destroyed Leonard McKissick’s soybeans last year, U.S. government-backed insurance paid him $40,000, the bulk of his loss.
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An Iowa agency is set to offer the largest-ever U.S. municipal junk bond sale to finance a fertilizer plant two weeks after an explosion at a Texas distributor of crop nutrients killed 14 people.
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One person was confirmed killed and another 35 people were missing after an explosion at a Texas fertilizer plant that injured 160, flattened houses and devastated the center of the town of West.
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Search crews recovered the bodies of 14 people killed in a Texas fertilizer-plant explosion that injured 200 and devastated the small town of West in the worst U.S. industrial disaster in at least three years.
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Chevron Corp. helped write the first-in-the-nation rule ordering reduced carbon emissions from cars and trucks. Its biofuels chief spoke at the ceremony where California Governor Arnold Schwarzenegger signed the executive order in 2007, the same year the oil company pledged to develop a gasoline replacement from wood.
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From his first days as Baltimore mayor more than a decade ago, Democrat Martin O’Malley has been discussed as a future presidential contender.
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Pickup trucks lined a stretch of gravel road where 150 farmers mingled between 7-foot tall cornstalks and shimmering soybeans to see which of their wealthy brethren would bid on a swath of Iowa’s richest cropland. This was a farm -- table-flat and 314 acres -- so coveted that it drew three times the usual land-sale crowd.
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Nine months after a U.S. drought sparked a surge in global crop prices, corn has joined soybeans and wheat in a bear-market slump as demand slows and farmers prepare to boost output in 2013.
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