DTN writer Todd Neeley reported this week that, “A federal court on Tuesday dismissed one of several lawsuits challenging the EPA’s granting of small-refinery exemptions. “The U.S. Court of Appeals for the District of Columbia Circuit said in an order the Advanced Biofuels Association did not identify a final agency action in its lawsuit filed… Continue Reading
Author Archives: Keith Good
USDA Extending Flexibility on Crop Insurance Premiums
A news release today from USDA’s Risk Management Agency (RMA) stated that, “[RMA] today announced it will continue to defer accrual of interest for 2019 crop year insurance premiums to help the wide swath of farmers and ranchers affected by extreme weather in 2019. Specifically, USDA will defer the accrual of interest on 2019 crop… Continue Reading
Grain Trader Gets Prison for $11M Scam
The Associated Press reported yesterday that, “A former North Dakota grain trader who admitted to bilking farmers, elevators and commodity brokers out of millions of dollars was sentenced Tuesday to eight years in federal prison. “U.S. District Judge Daniel Hovland, who imposed the prison sentence, also ordered Hunter Hanson to pay $11 million in restitution…. Continue Reading
A Year of Clipped Wings for Hot Startups
Late last month, Stephen Grocer reported at The New York Times Online that, “WeWork, Lyft, Uber, Peloton: To their early backers, these are companies that would transform the way the world works, works out or gets around. “To public stock investors, they are companies with inflated valuations and real questions about when they will start… Continue Reading
Despite Robust Ag Land Prices and Low Interest Rates- Working Capital Declines
Last month, DTN writers Katie Dehlinger and Todd Neeley reported that, “Tight profit margins are likely here to stay, and that could create challenges for producers, especially if land values stumble or interest rates rise above their current historically low levels, according to bankers and economists at two separate events on Tuesday. “A group of farm credit… Continue Reading
Slower Home Sales Due in Part to People Staying Longer in Their Residences
Wall Street Journal writer Laura Kusisto reported earlier this month that, “U.S. homeowners are staying in their residences much longer than before, keeping a glut of housing inventory off the market, which helps explain why home sales have been sputtering. “Homeowners nationwide are remaining in their homes typically 13 years, five years longer than they… Continue Reading
Positive Indicators from the Housing Market
Wall Street Journal writer Laura Kusisto reported last week that, “Three indicators released on [Oct. 29th] show the housing market is gaining modest strength in the latter half of the year thanks to lower mortgage rates. “Average national home prices grew 3.2% in the year ending in August, according to data released Tuesday by the… Continue Reading
Federal Lawmakers Introduce Real Meat Act- Bill Defining “Beef” and Imitations
DTN Ag Policy Editor Chris Clayton reported late last month that, “Some cattlemen groups often don’t agree on much, but they can agree the word ‘beef’ should only come from cattle, and not a plant-based or lab-grown alternative. “Both the National Cattlemen’s Beef Association and the U.S. Cattlemen’s Association praised the introduction of the Real… Continue Reading
WOTUS Rule Repeal Still Faces Legal Challenges
DTN writer Todd Neeley reported yesterday that, “The agriculture industry celebrated the 2015 waters of the United States, or WOTUS, rule repeal that EPA finalized in recent weeks. But an attorney with the Pacific Legal Foundation and an official with a major agriculture group said farmers and ranchers still face regulation under the Clean Water… Continue Reading
Organic Trade Association Advances Court Battle to Defend Organic Standards
A news release last week from the Organic Trade Association stated that, “The Organic Trade Association on Thursday asked the U.S. District Court to rule in its favor on its organic livestock welfare lawsuit against the U.S. Department of Agriculture. In its motion for summary judgment, the trade association stated that USDA acted in an… Continue Reading