WASHINGTON — House Agriculture Committee Chairman Frank Lucas, R-Okla., thinks that all crops need a farm program that provides better protection from multiyear price drops than the Senate Agriculture Committee-passed farm bill, a position with which House Agriculture ranking member Collin Peterson, D-Minn., agrees.
CHICAGO — CME Group announced May 1 it will expand electronic trading hours in its Chicago Board of Trade grain and oilseed futures and options beginning May 14. This will expand market access to CBOT corn, soybeans, wheat, soybean meal, soybean oil, oats and rough rice futures and options on CME Globex to 22 hours per day.
WASHINGTON — Senate Agriculture Committee Chair Debbie Stabenow, D-Mich., and ranking member Pat Roberts, R-Kansas, recently released a farm bill proposal and announced that the committee will begin consideration of the bill on Wednesday.
BISMARCK, N.D. — Cooperation with southern Republican senators representing peanut, cotton and rice growers will be a key to whether a Revenue Loss Assistance Program can be passed in the Senate, said officials gathered for a roundtable on the 2012 farm bill.
WASHINGTON — After a final hearing on the next farm bill, Senate Agriculture Committee Chair Debbie Stabenow, D-Mich., said March 15 she will hold a markup on the bill “as soon as possible,” while the National Association of Wheat Growers called for passage of the bill before Sept. 30.
SCOTTSDALE, Ariz. — A series of farm group representatives signaled at the recent annual crop insurance industry conference in Scottsdale, Ariz., that they are still sticking to their individual positions on farm bill proposals.
BANGKOK — Thailand's plan to pay its rice growers far above market rates is expected to push up prices for the staple that feeds almost half the world's people as rice importing nations look to other countries for tightened supplies.
MINNEAPOLIS — Environmental groups are upset over a provision in Minnesota’s new budget that will delay enforcement of a water quality standard meant to protect the state’s wild rice beds.
ST. LOUIS — Bayer CropScience has agreed to pay $750 million to settle several lawsuits with U.S. farmers who claimed a strain of the company's unapproved genetically modified rice contaminated the food supply and hurt their crop prices.
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