Alltech to acquire Ridley stock, pending shareholder approval
One of the largest animal nutrition and health companies in the world is about to get bigger, with the announcement that Alltech will be acquiring all of the outstanding stock of Ridley, Inc., another giant in the animal nutrition industry.
Markets working for price discovery, as was intended
Many analysts tend to forget the basic function of the commodity market is price discovery. There are several factors that can and do work into this process, but the simplest one is supply and demand.
Milk production still rising, but pace is slowing somewhat
U.S. milk production continues to top year-ago levels but may be slowing. Preliminary data in this week’s March Milk Production report shows output in the top 23 producing states at 16.9 billion pounds, up 1.1 percent from March 2014.
Iowa Agriculture Secretary Bill Northey ordered that 3.8 million chickens from a northwestern Iowa commercial poultry farm with avian influenza to be destroyed.
Ag central for Congressional trade measures consideration
Agriculture remained central in Congress last week, as both houses considered trade legislation, including trade agreements with Asia and Europe as well as action to lessen trade embargos with Cuba.
Opponents: Estate tax repeal would only benefit the wealthy
A repeal of the federal estate tax would affect a small percentage of farmers, while hurting efforts to balance the budget, according to Americans for Tax Fairness.
Farmers need to be aware of federal protection for this bat
The northern long-eared bat is on the verge of becoming an endangered species, and this will have implications for landowners in Michigan and elsewhere in the bat’s range.