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22 Jan 2021
OMAHA (DTN) -- A federal court will review EPA's latest decision to grant three small-refinery exemptions to the Renewable Fuel Standard, pending a full review of the action. The U.S. Court of Appeals for the District of Columbia Circuit issued an order Thursday morning following EPA's decision on Tuesday to grant two of 32 exemption requests for 2...
21 Jan 2021
OMAHA (DTN) -- Decatur, Michigan, farmer Michael Stamp was sentenced to eight years in prison and ordered to pay $23 million in restitution on Tuesday, as part of a plea agreement reached with federal investigators on charges of bank fraud and conspiracy to make false statements to the Federal Crop Insurance Corp. Once released from prison, Stamp w...
21 Jan 2021
ROCKVILLE, Md. (DTN) -- USDA deregulated a new Bt cotton trait, the first of its kind to target plant bugs and thrips, on Jan. 16. The cotton trait, MON 88702, was developed by Monsanto and is now owned by Bayer, which is branding it as ThryvOn cotton. It expresses a new Bt protein, mCry51a2, which targets the following pests: -- Tarnished plant bu...
21 Jan 2021
OMAHA (DTN) -- In his inauguration speech Wednesday, President Joe Biden placed a heavy emphasis on unity. But in his early work after the celebratory transfer of power, he began by reversing several agenda items from his predecessor, former President Donald Trump. Initial executive actions are often like that, as presidents take immediate action t...
20 Jan 2021
OMAHA (DTN) -- JBS has reached a settlement in an ongoing class-action lawsuit that alleges JBS, along with several other large meat companies, conspired to raise the price of pork. According to the settlement preliminarily approved by the U.S. District Court for the District of Minnesota last week, JBS will pay $24 million in monetary relief and a...