Tuesday, June 18, 2024

Industry News for November 2014

USDA, House Ag Committee Announce Risk Mgt. Tools
House Agriculture Committee Ranking Member Collin Peterson has joined U.S. Department of Agriculture Secretary Tom Vilsack and other farm leaders to unveil the new Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) programs, new risk management tools authorized by the 2014 Farm Bill. Peterson made the following statement to the media: “The 2014 Farm Bill made important reforms to farm programs and provides farmers with a choice of a price or revenue-based safety net that will only provide assistance if there is a price or crop loss. Farmers will now be able to visit their local FSA offices to learn more about these important risk management tools and make the best decision for their individual operation. I have been closely following USDA’s efforts to implement the 2014 Farm Bill and am pleased to see implementation of ARC and PLC move ahead.” For more information, farmers can visit www.fsa.usda.gov/arc-plc.

Frontier Mills Announces Perkins As President/CEO
Frontier Spinning Mills Holding Corporation has announced the promotion of Robin Perkins to chief executive officer. In conjunction with the promotion, John L. Bakane is retiring from full-time responsibilities as chief executive officer, and he will remain involved with Frontier as executive chairman of the board of directors. Frontier is owned by affiliates of American Securities LLC, a New Yorkbased private equity firm, and members of Frontier management. For additional information, go to www.frontierspinning.com.

Dow’s Enlist System Receives EPA Registration
The Enlist Weed Control System is now approved by federal regulatory authorities. The Environmental Protection Agency (EPA) registered Enlist Duo herbicide for use with Enlist corn and soybeans. EPA’s decision is the final step in the federal regulatory process for the Enlist system. The Enlist corn and soybean traits were deregulated in September. With regulatory approvals now in place for Enlist corn and soybean traits and Enlist Duo herbicide, Dow AgroSciences will release its 2015 market intentions for Enlist in the coming weeks. Enlist Duo herbicide is a proprietary blend of new 2,4-D choline and glyphosate. For more information, go to www.enlist.com.

Bayer Ag Museum Dedicates New Technology Exhibit
The Bayer Museum of Agriculture in Lubbock, Texas, continues to grow and add new features for its visitors. Recently, a new technology exhibit was dedicated to the building. Included were an interactive cotton exhibit, horse-drawn plows, a 1920s replica blacksmith shop and an exhibit on the history of cotton ginning. On hand for the festivities were Lubbock Mayor Glen Robertson, City Councilman Floyd Price, County Commissioners Patty Jones and Bill McCray and Texas Tech University President Duane Nellis. Go to www.press.bayercropscience.com for more information.

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