Kazakhstan will boost grain exports to Iran and China this 2013 to ’14 marketing year as it seeks to diversify regions of supply and reduce dependence on Russian and Ukrainian ports, the country’s state grain trader says.
Two Brazilian soybean cargoes initially sold to China have been switched to the United States, according to port and shipping data updated on Tuesday, the first clear evidence that the U.S. is absorbing some of China’s excess Brazilian purchases that were at risk of default.
Dow Chemical Co., the No. 1 U.S. chemical maker by sales, reported a stronger-than-expected rise in quarterly profit as cost controls helped boost margins in its divisions that make coatings, plastics and crop-protection products.
A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices could become a model in coming years for livestock producers who have resisted similar types of insurance.
FARGO, N.D. — Federal prosecutors have increased allegations against farming brothers from Northwood, N.D., saying they added chemicals to potato seeds to cut production in a crop insurance fraud case, taking $2 million from fraudulent insurance claims since 2002 as well as federal disaster funds.
Sens. John Hoeven, R-N.D., and Maria Cantwell, D-Wash., have introduced a bill to modify new IRS rules they say make it too difficult for family farmers and small business owners to deduct equipment repair and supply expenses.
FARGO, N.D. — Railroads and grain transportation have been key issues for the North Dakota Grain Dealers Association since its inception in 1923, and the organization’s new top staffer expects that will continue as he takes his post during the era of Big Oil.
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