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3 Feb 2016
By Pamela SmithDTN Progressive Farmer Crops Technology Editor DECATUR, Ill. (DTN) -- After months of speculation, Syngenta announced Wednesday that its board will recommend shareholders accept a $43 billion cash offer from China National Chemical Corp., also known as ChemChina. However, the deal must still undergo scrutiny of shareholders and regul...
3 Feb 2016
By Jerry HagstromDTN Political Correspondent WASHINGTON (DTN) -- Agriculture Secretary Tom Vilsack said early Wednesday that USDA lawyers have determined the department does not have the authority to declare cottonseed an oilseed, as the cotton industry has asked. The declaration would make cottonseed eligible for farm subsidies, but after a speec...
2 Feb 2016
By Mary KennedyDTN Cash Grains Analyst Maybe it's time to rename the Mississippi River "The Barge Graveyard" as another barge sank on Jan. 26. The river was closed at Mile 120 near Destrehan, Louisiana, to Mile 134 near Reserve, Louisiana. According to reports, two tugs collided and caused a tank barge to capsize as the strong current from high wat...
2 Feb 2016
By Todd HultmanDTN Analyst As I write this in Omaha, we are bracing for a February blizzard, but having experienced a sunny 40 degrees at last week's Sioux Falls Farm Show, there is a feeling that spring is not far away. With that come thoughts of a new growing season. Back in December, USDA gave us their first glimpse of 2016 when they released t...
2 Feb 2016
By Andy BieblDTN Tax Columnist In late December, Congress did its usual retroactive "extender" legislation, restoring about 50 beneficial tax provisions that had expired at the beginning of 2015. This year's act, however, made about 20 of those provisions permanent in the tax law, and rolled the others ahead at least through 2016. There were also s...