the nation's fuel supply. The EPA's proposal would roll back the fuel requirement in 2014 to 15.2 billion gallons of ethanol and other biofuels, 3 billion gallons less than Congress required in a 2007 law.
"This investment shows our continuing confidence in biodiesel for the long term," said Daniel Oh, the Ames based company's CEO. Environmental Protection Agency to cut the amount of ethanol and biodiesel that must be blended into Under Armour Shoes Silver
to DTNThe Progressive Farmer's syndicated premium weather and market content to further aid decision making.
Pioneer and DTN/The Progressive Farmer, an agriculture information company, also announced plans to combine their electronic grain trading capabilities that link buyers with sellers in real time.
Dan Uppena, a business manager with DuPont Pioneer, said the partnership will help the company boost the growing market demand for weather data used by farmers to make decisions on their operation.
Eggs from hens living in stacked, small cages cannot be sold in California under a new law.(Photo: Associated Press)Renewable Energy Group marked its $13.2 million investment last week into its Newton biodiesel plant, a move that's expected to expand the raw materials that can be used and improve the quality of the fuel produced.
Renewable Energy Group has eight active refineries in four states that have a combined production capacity of 257 million gallons.
Under the deal, customers with Johnston based Pioneer will be able to join a network of weather stations, including those positioned on farms. Data will be made available to inform growers about forecasts and the performance of crops to improve their decision making on the farm.
The tool incorporates technology from both companies to offer 24/7 price monitoring and the convenience of trading anytime anywhere, among other benefits. Pioneer said growers can access these services through the company's sales representatives.
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Terms of the deal, including how much farmers would pay to use the information, were not disclosed.
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In the United States, the rebound in corn and soybean stocks last year, which were depleted during the 2012 drought, has been welcomed by food makers, livestock owners, renewable fuel producers and other groups which have seen their input costs decline. But as supplies have risen, farmers have felt the impact. Agricultural prices have dropped sharply with corn the hardest hit commodity in 2013, down 40 percent. Department of Agriculture is expected to make its preliminary estimate for corn, soybeans and other crop output in 2014 later this month.
"We now have in real time hyper accurate weather data in particular that is really, really important in terms of how accurate your crop models can be," Uppena said. "We want to have the best weather data possible, and DTN is a great place to start."
The Newton plant's improvements will remove impurities and leave behind the purest form of the fuel, the company said, adding that the final product exceeds quality standards set by the biodiesel industry.
Renewable Energy Group puts
"We're seeing lower prices due to abundant supplies, but stronger upturn in demand, such as an increase in the pace of imports from Asia, could limit the decline," said Abdolreza Abbassian, an FAO economist.
The FAO said cereal, which includes grains such as corn, rice, oats and rye, averaged 188.4 points in January, down 3 points, or 1.6 percent, from December and as much as 56 points, or 23 percent, below January 2013.
DuPont Pioneer and DTN/The Progressive Farmer said Tuesday they have reached a deal that will bring instant weather and market information, as well as grain trading capabilities, to growers.
DuPont Pioneer/DTN sign data sharing deal
which, along with large export supplies, have pushed down international prices of cereals to well below their high levels in 2012 and early months of 2013," the agency said. "With early prospects for 2014 crops also favourable, prices of most cereals declined further in recent weeks."
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