September 12, 2011: Destroying the Birds Point Levee caused a disaster



 




Monday, Sept. 12, 2011
 
In this issue:

Industry News
Destroying the Birds Point Levee caused a disaster
A Web site explains how the U.S. Corps of Engineers created a disaster for people in the East Prairie, Mo., area during the spring Mississippi flooding by destroying the Birds Point Levee. The Web site includes a 10-minute documentary video that explains the destruction and human disaster. Full story.

 
Syngenta: Grain delivery at wet-grind mills
Syngenta says only eight wet-grind facilities will not accept corn with the Viptera trait. Other Cargill facilities are accepting the grain, provided growers notify the company in writing before delivery. Full story.

AMC oversight bill signed into law in Illinois
Illinois became the 29th state to enact a law that provides for comprehensive oversight of appraisal management companies. Gov. Pat Quinn signed Senate Bill 1539 into law Aug. 26, and it took effect immediately. Full story.

USFRA kicks off The Food Dialogues on 9/22
The U.S. Farmers & Ranchers Alliance will host The Food Dialogues, a town hall-style discussion to address Americans' questions about how their food is grown and raised and the long-term impact of the food they are eating. Full story.

 
BASF close to selling nitrogen assets to Yara
BASF SE is nearly finished selling its nitrogen fertilizer assets business to Yara International ASA, according to sources quoted by Bloomberg. Full story.

 
La Niña returns; may strengthen, linger
The weather phenomenon known as La Niña, which contributed to extreme weather around the globe in the first half of 2011, returned in August and is expected to gradually strengthen and continue through winter in the Northern Hemisphere, U.S. government forecasters said Thursday. Full story.

 
CoBank-U.S. AgBank merger approved by stockholders
CoBank and U.S. AgBank announced that their voting stockholders have approved the proposed plan of merger between the two banks. Full story.

Drought stress blankets Indiana
The abnormally dry and drought conditions that most of Indiana is experiencing don't appear to change as farmers statewide prepare for harvest, according to the associate state climatologist. Full story.

Gowan Company and EcoFlora to partner
Gowan Company LLC has reached an agreement with EcoFlora to create a joint venture called EcoFlora AGRO. Through this joint venture Gowan Company and its global marketing companies will be the exclusive partner in developing, registering and marketing EcoFlora’s current unique plant extract based portfolio and their robust product pipeline. Full story.

BIG PICTURE
By Doane Economist
Dow Jones published its September surveys of analysts’ expectations this week for the Sept. 12 USDA crop production and ending stocks forecasts. The survey found the average corn production forecast at 12.505 billion bushels and soybeans at 3.025 billion. USDA forecast 12.914 billion and 3.056 billion respectively in August. As for ending stocks, the old-crop guesses are at 974 million bushels for corn and 232 million for beans. In August, USDA forecast 940 million and 230 million respectively. For the new crop, the forecasts averaged 636 million for corn and 152 million for soybeans versus August at 714 million and 155 million. Wheat ending stocks project to 667 million, little changed from 671 million.

 
 
 
APW

Focus on Business
Follow the money: Prevent embezzlement
With the economy improving, John was thrilled to see his small company starting to boom. With all the new business, John was so busy signing new accounts and training his new staff members, he delegated the bookkeeping responsibilities to a long-time employee he trusted. As time passed, John started noticing discrepancies in the business’ account and discovered the employee had been embezzling money from the company. Unfortunately, embezzlement is not uncommon and is often difficult to detect. What could John have done differently to prevent this kind of problem? Full story.

Click here for more Focus on Business articles.

Crop Fertility Resource Center
Can fall N break down corn stover?
Fall application of nitrogen on corn stover was tested to see if it increased the decomposition of corn residue. Full story.

For more, visit the Crop Fertility Resource Center.

 
Soybean Resource Center
Frogeye leaf spot resistant to strobilurins?
A crop consultant in southeast Missouri found a soybean field with many plants infected with frogeye leaf spot that had been treated with a strobilurin fungicide, but the development of the disease had not stopped. Full story.

For more, visit the Soybean Resource Center.
 

Wheat Resource Center
The need for volunteer wheat control
Volunteer wheat that emerges during the summer and is still present when planted wheat emerges creates numerous problems for the planted wheat crop. Full story.

For more, visit the Wheat Resource Center.

Corn Resource Center
Watch for ear molds in 2011
Weather conditions have been conducive for the development of corn ear mold in 2011. Producers are urged to scout fields. Full story.

For more, visit the Corn Resource Center.


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