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USDA data weighs on grain markets

USDA data is weighing on the grain markets. Tuesday’s belated release of the weekly USDA Crop Progress report likely spurred overnight selling; that apparently continued this morning. Not only did the report indicate corn plantings still ahead of normal, the initial corn condition rating at 74% good-to-excellent was better than normal. The market may also be suffering from follow-through selling in the wake of yesterday’s dollar-driven drop. Traders cited dollar strength for midday losses.


FBI workshop and outreach programs

A Chemical Facility Outreach Exchange conducted by the Federal Bureau of Investigation will provide an unclassified overview of current intelligence concerning chemical threats, the FBI's mitigation strategy, and a forum for exchanging best practices aimed at keeping high risk chemical facilities secure from all adversaries. This is the last of three such exchanges being held in the nation this spring.


Precision Tank acquires A&B Welding

Precision Tank announced the acquisition of A&B Welding of Thompson, Iowa, a manufacturer of field-erected tanks and general contracting services. The acquisition is a key element in Precision Tank’s growth strategy to expand and diversify in the agricultural tank marketplace.


Calif. delta farmers agree to cut water use

On May 22, an announcement was made that farmers in the Sacramento-San Joaquin River Delta of California will give up a quarter of their water this season. This will require leaving land unplanted or finding other ways to reduce water use such as switching to lower-use water crops or adding new technology irrigation.


Norac releases boom height control for TerraGators

Using Norac's Standard Control technology, boom height control is now available for TerraGators with Airmax Precision 2 and Benson Booms. This newly released system controls wing lift using TerraGator’s existing on/off valves while utilizing the same core components as Norac’s UC5 and UC4.5 Spray Height Control systems.


Commentary: Science is best hope to feed the world safely and affordably

Science, innovation, safety and affordability. Who could oppose United States food policy based on these core principles? Unfortunately, this idea has become unnecessarily controversial in agriculture. The unmerited fear of genetically modified organism crops threatens scientific advancements in biotechnology needed to meet the growing global demand for safe and affordable food. The Safe and Affordable Food Labeling Act aims to address unnecessary impediments to feeding the world.


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