FARM CREDIT SYSTEM CELEBRATES 90 YEARS OF SERVICE TO U.S. AGRICULTURE AND RURAL AMERICA

Farm CreditWASHINGTON – (AgNewsWire) Rural America’s customer-owned partner, the Farm Credit System, celebrates its 90th anniversary of service on July 17, the date when President Woodrow Wilson signed the Federal Farm Loan Act in 1916.

Today, with more than $108 billion in loans financing agriculture and its related cooperatives, rural homebuyers, small community water and waste disposal systems, rural electric and telephone systems and the export of U.S. farm commodities, the Farm Credit System is the oldest and largest financial cooperative in the nation.

“For 90 years, the Farm Credit System has served agriculture and rural America as a dedicated, reliable, competitive, and customer-owned source of credit and related services. We look forward to a bright future for U.S. agriculture and America’s rural communities,” said Wayne Lambertson, a Maryland farmer who currently serves as Chairman of the Farm Credit Council, the System’s trade association. (Full Release)

Next Generation of Biofuels Will Increase Demand for Ag Products

Pioneer

Des Moines, IA., June 20, 2006 (AgNewsWire) Pioneer Hi-Bred International, a subsidiary of DuPont, is pleased to play a role in the partnership announced today by DuPont and BP to develop, produce and market a next generation of biofuels to help meet increasing global demand for renewable transport fuels.

According to Pioneer President Dean Oestreich, this new partnership is good news for agriculture and for society as a whole.

“Pioneer, and DuPont broadly, are using science to deliver new to the world capabilities from agriculture to society. We’re using the sciences of biology, genetics, genomics, biotechnology and fermentation chemistry to create more opportunities for agriculture. And the great news for farmers is that it’s more demand for agricultural products.”

BP and DuPont companies have been working together since 2003 to develop advanced biofuels with properties that can help overcome the limitations of existing biofuels. That work has now progressed to the point where they are able to bring the first jointly developed product to market ¾ biobutanol. Oestreich says biobutanol is produced using a fermentation process very similar to that of ethanol.

“Butanol is simply another molecule that is different than ethanol, but it’s also a fuel. And what we’ve done here is we’ve found a way, through use of our science, to make the process more efficient and economically viable.”

(Full Release)

Help Ethanol Celebrate 50 Years of Interstate Travel

Ethanol Promotion and Information CouncilOmaha, NE (June 15, 2006 – AgNewsWire) – Ethanol is fueling the 50th anniversary celebration of the U.S. interstate highway system June 16 -29 when the American Association of State Highway and Transportation Officials (AASHTO) will sponsor a cross-country convoy from San Francisco to Washington D.C.

All cars in the convoy will use E10, a blend of 90 percent unleaded gasoline enriched with 10 percent ethanol, wherever available along the route, compliments of the ethanol industry. In addition, the Ethanol Promotion and Information Council (EPIC), is sponsoring an ethanol-wrapped vehicle to represent the industry throughout the route, which will be driven by Chuck Zimmerman, an ethanol advocate and publisher of DomesticFuel.com. Zimmerman will also be blogging the trip on domesticfuel.com and EPIC’s website, DrivingEthanol.org.

The 3,000-plus mile journey will begin June 16 in San Francisco, Calif., with a send-off party near the Golden Gate Bridge. The convey will travel from California on Interstate 80 through Nevada, Utah, Wyoming, Nebraska, Iowa, Illinois, Indiana, Ohio, Pennsylvania and Maryland, ending June 29 at the Zero Mile Marker in Washington, D.C., near Ellipse Park at the Capitol. Complete information about the route and stops along the way can be found at www.transporation.org.

EPIC is inviting corn grower and ethanol industry organizations, farmers and other supporters to join the convoy in their home states to help celebrate the anniversary of the highway system and the future of American-made ethanol fuel for the transportation needs of our nation. Supporters can follow the convoy for a stretch in their areas, cheer it on with signs at certain points, or attend scheduled media events.

(Full Release)

MBIC Executive Director Leaving to Head Horse Breed Group

Missouri Beef Industry CouncilColumbia, MO (AgNewsWire) The Missouri Beef Industry Council announces the resignation of long-time executive director Steve Taylor, who has accepted the CEO position at the Appaloosa Horse Club headquartered in Moscow, Idaho starting August 1.

Taylor started with the beef council in early 1987, just after the nationwide checkoff program was launched. He leaves behind a solid program with a reputation for a good mix of checkoff-funded activities at the state level and effective support of national and international marketing efforts.

(Read Full Release)

Grilling for Father’s Day

Missouri Beef Industry CouncilColumbia, MO (AgNewsWire) Father’s Day is a great day to fire up the grill for steaks and burgers. A brand new gas grill also makes a great gift for dad on his special day and the Missouri Beef Industry Council has one for some lucky father, according to marketing director Dawn Thurnau.

“This year we have teamed up with the Missouri Propane Association which has donated a $650 grill that we are going to give away on Father’s Day.”

Thurnau says anyone can enter to win the Phoenix brand Propane Grill on either the Missouri Beef Industry Council website at www.mobeef.org, or the Missouri Propane Association website at www.missouripropane.com.

(Read Full Release)

Crop Insurance Discount Moratorium Eliminates Opportunity For up to $120 Million Annual Savings for America’s Farmers

Premium Reduction ProgramWest Des Moines, Iowa – (AgNewsWire) On May 23 the House of Representatives voted to extend the 2007 moratorium on the USDA’s Premium Reduction Program through the 2008 crop season. The Premium Reduction Program (PRP) was authorized in the Federal Crop Insurance Act of 1994 in order to allow farmers the opportunity to benefit when insurance companies are able to reduce their administrative and operating costs.

“This discount plan has been working since 2003, and has proven its value by returning more than $4 million to farmers,” said Bruce Trost, executive vice president of property-casualty companies of FBL Financial Group, Inc., West Des Moines, Iowa. “The federal crop insurance program should benefit farmers. If proven innovative products like this are waylaid by the will of Congress, there will be no incentive for the development of new products to benefit farmers.” (Full Release)

Global Seed Market Valued at $17 Billion

The Context NetworkDES MOINES, IA – May 18, 2006 – (AgNewsWire) Global crop production shifts, transgenic and hybrid seed technologies and changes in targeted plant populations helped increase the value of the global proprietary seed market to more than $17 billion in 2005. That is a 30 percent increase over the past five years, according to the latest edition of an extensive global seed market survey completed by The Context Network, a business management consulting service to the world’s leading agriculture, biotechnology and food companies.

“Expanded plantings of oilseed crops and maize (corn) and the continued adoption of biotech seed are two mega trends that are pushing up the value of and importance of proprietary commercial seed globally,” says Mark Nelson, a consultant with The Context Network. “These two trends have had the most significant impact on the growth of the global seed market.” (Full Release)

Beef Industry Increases Advertising Efforts

Missouri Beef Industry CouncilColumbia, MO (AgNewsWire) With a near “perfect storm” of market forces this summer, beef producers are stepping up promotional efforts to keep beef center of the plate for consumers.

Missouri Beef Industry Council Chairman David Dick of Sedalia says consumers have a lot to choose from at the meat counter.

“There’s a glut of the other proteins in the market, chicken and pork, with some overproduction issues there. But we have also fed a few more cattle then we have in years past, so there’s a lot of meat on the market.”

As a result, Dick says consumers will be seeing more beef advertising this summer, due to an increased campaign funded by the Federation of State Beef Councils, which includes Missouri. (Read Full Release)

American Farmland Trust Report – New Framework For U. S. Farm Policy

American Farmland TrustWashington, DC – (AgNewsWire) On the same week as the 73rd anniversary of the first farm bill (May 12, 1933), two former Secretaries of Agriculture under Republican and Democratic administrations and two Midwestern farmer leaders today endorsed new, visionary policy recommendations for the 21st century contained in a report released today by American Farmland Trust (AFT). Entitled Agenda 2007: A New Framework and Direction for U.S. Farm Policy, the new AFT report is a product of more than a year of consultation with hundreds of farmers, ranchers, economists and policy experts. Agenda 2007 offers guidelines and policy recommendations for the next farm bill. It was developed to respond to mounting budget deficits, the trade distortions of existing policies, the inequitable distribution of farm bill benefits and insufficient focus on infrastructure investment and on conservation, environmental, energy and other programs of great potential benefit to rural America. (Full Release)

Domestic Fuel Blogs Clean Cities Congress

Clean Cities Congress & ExpoPhoenix, AZ-May 5, 2006- AgNewsWire – Regularly updated information will be available from the Clean Cities Congress and Expo 2006, May 7-10, in Phoenix, Arizona on Domestic Fuel (www.domesticfuel.com), an industry weblog (also known as a “blog”) featuring information about domestic fuel alternatives. The Clean Cities Congress is the leading industry event that features speakers and exhibitors representing a wide range of alternative fuels and advanced vehicle technologies. It is presented by the Alternative Fuel Vehicle Institute (AFVI) on behalf of industry sponsors and Arizona Clean Cities.

The Clean Cities Congress blog will offer ready access to written updates, press releases, pictures, audio interviews and video clips from the conference. A blog is a web-based publication updated frequently to record the activities, information, and people who are part of the Clean Cities Congress. The blog is an interactive communication mechanism, designed to foster discussion. (Full Release)