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19 Sep 2024
OMAHA (DTN) -- As always, this time of year, both the on-feed and placement data will be big-ticket items on Friday when USDA releases its monthly Cattle on Feed Report. Once again, there is a large variance between what analysts believe placements could be, as projections are anywhere from down 3.2% to potentially up 2.3%. Given that last month's ...
19 Sep 2024
LINCOLN, Neb. (DTN) -- A federal court dismissed an antitrust lawsuit that accused large agriculture companies, including Bayer, Corteva Agriscience and Syngenta, of conspiring to fix the prices of crop inputs, including herbicides, fungicides and insecticides. Farmer plaintiffs in Illinois and Minnesota filed a petition in 2021 with the U.S. Distr...
19 Sep 2024
LINCOLN, Neb. (DTN) -- The U.S. ethanol industry is used to being stuck in federal policy limbo and the leader of a top ethanol industry group said on Thursday that the looming November election poses a particular set of challenges. Case in point: the biofuels industry continues to wait for IRS guidance on the 45Z clean fuel production tax credit s...
18 Sep 2024
MT. JULIET, Tenn. (DTN) -- The Federal Reserve offered farmers, businesses and consumers some relief on Wednesday as it lowered its benchmark federal funds rate by half a percentage point to a range between 4.75% and 5%. "Wednesday's half-percent rate cut is a good start for easing price pressures on agriculture, and more is needed ahead," DTN Lead...
18 Sep 2024
WASHINGTON (DTN) -- Staff directors for the chairs and ranking members of the House and Senate agriculture committees are meeting about the farm bill. Senate Agriculture Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Committee Chairman Glenn "GT" Thompson, R-Pa., told DTN about farm-bill talks on Tuesday evening after each spo...