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Wednesday, June 22, 2009 
Volume 9, Issue 25   
In this issue:

 Industry News

Agrium Claims Misleading Statements
Agrium Inc. has responded to correct misleading assertions regarding the regulatory review of the proposed acquisition of CF Industries. Full story.

CF Industries Extends Offer for Terra Industries
CF Industries Holdings Inc. extended the expiration date of its exchange offer for all of the outstanding shares of Terra Industries Inc. common stock to Friday, July 10. Full story.

Last Week for Farm Manager Nominations
Nominations are now being accepted for the 2009 Professional Farm Manager of the Year Award co-sponsored by Syngenta, the American Society of Farm Managers and Rural Appraisers (ASFMRA) and AgProfessional magazine. Full story.

Monsanto Responds to DuPont
Monsanto responded to the current lawsuit with DuPont by claiming DuPont's product Optimum GAT is a "failure." Full story.

Wet Weather May Require More Nitrogen
The fifth wettest spring may require some farmers to apply more nitrogen fertilizer to corn fields. Full story.

Tackling the Volunteer Corn Challenge
Dow AgroSciences offers ways to handle volunteer corn resistant to glyphosate. Full story.

Nufarm Making Move in Seed Treatment
Nufarm Americas Inc. has decided to make a significant push into the seed treatment market by providing several new products in this line. Full story.

Farm Market iD To Work With Agri ImaGIS
Farm Market iD has signed a joint venture agreement with Agri ImaGIS to co-develop and co-market their products. Full story.

Seed Companies Enter Research Agreement
Pioneer Hi-Bred and Beck's Hybrids have entered into a research and distribution agreement to bring additional products to the market. Full story.

Fungicide Use Drives Production Investment
Syngenta Crop Protection plans to invest in a significant expansion of its manufacturing capacity for its fungicide azoxystrobin. Full story.

Remember to Scout Silage Corn, Too
Mycogen Seeds recommends scouting silage corn in addition to field corn to earn even greater yield returns. Full story.


BIG PICTURE
On Friday afternoon, USDA reported cattle on feed as of June 1 at 10.4 million head, down 4 percent from a year ago and the lowest June 1 total in 10 years. Placements during May were a little lower than expected at 1.638 million head, down 14 percent from last year. This compares to trade estimates for a 12 percentdecline. Of the cattle placed in feedlots, the only weight category that increased was the under 600 pound group. Marketings were down 9 percent from a year ago, which were in line with expectations. With the lower placement figure, cattle on feed came in on the low side of expectations. As a result, the report should be neutral for August futures, but friendly for the deferred contracts.
 
DuPont

Control major insect pests in soybeans

Don't risk letting insects suck the profits out of your soybean fields. Take control with DuPont™ Asana® XL and Lannate® LV insecticides.

Asana® XL* has demonstrated reliable control of soybean aphids and helped growers preserve soybean yields year in and year out. Under extreme conditions, where the soybean aphid population has exploded or spraying is delayed, add Lannate® LV insecticide to get the fastest knockdown available.

The longer soybean aphids are left unchecked, the greater the risk of yield loss. Fortunately, Lannate® LV — applied alone or with Asana® XL — delivers fast, reliable control to help keep this pest in check.

Asana® XL also has excellent control of adult Japanese beetles. It's important to control this pest in soybeans as Japanese beetles in soybeans one year can lead to grub problems in corn the following year.

Count on DuPont™ to defend your profits.

*Asana® XL is not labeled for soybean aphids in California.
Asana® XL and Lannate® LV are restricted-use pesticides.

Always read and follow all label directions and precautions for use.
The DuPont Oval Logo, DuPont™, The miracles of science™, Asana® XL and Lannate® LV are trademarks or registered trademarks of DuPont or its affiliates.
Copyright © 2009 E.I. du Pont de Nemours and Company. All Rights Reserved.


 Focus on Business


Too many organizations are obsessed with their profit and loss reports. It hasn't occurred to them that they might be looking at the wrong numbers. Let's look at some numbers that just might have a bigger impact on the profit and loss, then some of the numbers that are on the reports. Full story.

Click here for more Focus on Business articles.
 Crop Fertility Info Center

Oklahoma State University recently released the first automated calibration stamp applicator for improving in-season fertilizer N rates and ultimate nitrogen use efficiency. Full story.

For more, visit the Crop Fertility Center.



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