AG NEWS 01/19/2015

“Success of U.S. Sorghum Exports to China Should Continue”

One of last year’s top trade success stories is China’s surging imports of U.S. sorghum – according to the U.S. Grains Council. During the most recent marketing year – China imported 165-million bushels of U.S. sorghum – 87-percent of U.S. global exports. As of January 8th – China has already accumulated exports of more than 189-million bushels for the current marketing year. Council Director in China Bryan Lohmar says China’s demand for coarse grains is significant. Lohmar says the Council and U.S. sorghum industry have worked hard for three years to introduce sorghum as a new option for China’s producers. The program has begun to yield impressive results – and Lohmar says China is expected to remain a robust market for U.S. sorghum in the future.
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“Growth Energy Says Senators Introduce Shortsighted Amendment”

Pennsylvania Senator Pat Toomey, California Senator Diane Feinstein and Arizona Senator Jeff Flake have sponsored the Corn Ethanol Mandate Elimination Act of 2015. Growth Energy CEO Tom Buis says this legislation is incredibly shortsighted. He says identical legislation has been introduced in the past and has always failed to gain traction. Buis says this amendment would eviscerate the Renewable Fuel Standard and keep the U.S. addicted to foreign oil. The legislation is based on false, misleading information – blaming ethanol for an increase in the price of food – but Buis says it is completely devoid of any facts to back it up. If this amendment is adopted – he says it would embrace the status quo of the nation’s dependence on fossil fuels and foreign oil, concede the U.S. is no longer serious about reducing greenhouse gas emissions and seek to pursue a policy that would result in massive upheaval and job loss in today’s booming rural economy.
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“ASA Urges Support for NESP”

The American Soybean Association is encouraging growers to contact their senators to support the Navigation Ecosystem Sustainability Program. The NESP funding would support lock modernization, navigation efficiency measures and ecosystem restoration on the Mississippi River systems. A letter to President Obama – led by Staff of Missouri Senator Roy Blunt and Minnesota Senator Amy Klobuchar – urges funding to allow an immediate construction start in Fiscal Year 2016. Senators Grassley, Kirk and McCaskill have already joined the effort.
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“Monsanto Technology Closer to Commercialization”

The U.S. Department of Agriculture has decided to dregulate Monsanto’s dicamba-tolerant trait technologies – Roundup Ready 2 Xtend soybeans and Bollgard II XtendFlex cotton. Monsanto Chief Technology Officer Dr. Robb Fraley says this announcement marks an important milestone for farmers around the world. Weeds represent a key pest to agriculture operations around the world and limit crops of much-needed nutrients, sunlight and access to available water resources. Fraley says Monsanto is excited to provide additional tools that can help improve efficiencies on farm and support farmers in bringing more food to harvest for consumers. Commercial intentions for these technologies will be announced soon.
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