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Obama Calls for $10 Oil Tax

4 Feb 2016
By Chris Clayton DTN Ag Policy Editor OMAHA (DTN) -- President Barack Obama's advisers on Thursday pitched a $10-per-barrel tax on oil to pay for new transit programs and research on higher-mileage vehicles. The president will propose the plan when he releases his proposed 2017 budget next week to Congress. Such proposals frequently come with a tr...

Rethink Corn Economics

4 Feb 2016
By Emily UnglesbeeDTN Staff Reporter ROCKVILLE, Md. (DTN) -- Corn farmers looking to curb their losses this year should scrutinize two sizeable inputs: seeds and fertility. Together, those two inputs cost Indiana farmers nearly as much as land does, according to numbers from Purdue's Center for Commercial Agriculture. Farmers may mistake them fo...

Banking on Ag Research

3 Feb 2016
By Todd NeeleyDTN Staff Reporter OMAHA (DTN) -- As sequestration has pressed USDA to make budget cuts in recent years, USDA Secretary Tom Vilsack told reporters Wednesday he hopes Congress will support the president's budget proposal, which will include a doubling of federal dollars spent on agriculture research and development. President Barack Ob...

Syngenta Sanctions Sale

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...

USDA Can't Help Cotton

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...
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