A northwest-to-southeast winter storm track is in store for the
2008-09 season.
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The past two crop years fortified growers financial condition, said
lenders attending the National Agricultural Bankers Conference. Those record
earnings will be an important cushion should losses reappear in 2009.
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The ethanol industry's financial strains could trigger a rapid
consolidation within the next few months, cautioned a speaker at the National
Agricultural Bankers Conference. VeraSun's Chapter 11 filing has already raised
anxiety levels for lenders and farmer creditors.
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A new standard for evaluating soybean cyst nematode types could help
farmers choose the best seed varieties for their fields.
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A new Chinese government policy to encourage domestic soybean
production is likely to buoy prospects for U.S. soybean imports, even in
China's soy-producing areas.
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