Carey's Feed
Feb 19, 2014

U.S. consumers to see higher milk prices as export demand soars: analysts

By Carey Gillam

(Reuters) – Picking up a gallon of milk at the grocery store is getting pricier and the cost could hit a record high for U.S. consumers in March, analysts warned.

Strong global demand and stagnant production in other countries has led to increased exports of U.S. dairy products in recent months, generating more money for dairy farmers but resulting in likely price hikes of 10-20 percent at the retail level in some markets, according to analysts.

Feb 18, 2014

Oklahoma pharmacy agrees not to supply drug for Missouri execution

KANSAS CITY, Missouri (Reuters) – An Oklahoma compounding pharmacy has agreed not to provide a drug needed to execute a Missouri inmate who has argued that it could cause severe and inhumane pain, but state officials said they would still proceed with the execution.

U.S. District Judge Terence Kern on Tuesday dismissed inmate Michael Taylor’s lawsuit against The Apothecary Shoppe in Tulsa, Oklahoma, after the settlement. The pharmacy agreed to not prepare or provide pentobarbital or any other drug for use in the execution.

Feb 18, 2014

U.S. food companies find going ‘non-GMO’ no easy feat

By Carey Gillam

(Reuters) – U.S. food companies are rushing to offer consumers thousands of products free of genetically modified ingredients but are finding the effort costly and cumbersome in a landscape dominated by the controversial biotech crops.

The hurdles are so high that the growing “GMO-free” trend could result in a price spike for consumers, industry experts say. Eighteen years after GMO crops were introduced to help farmers fight weeds and bugs, they are so pervasive in the supply chain that securing large and reliable supplies of non-GMO ingredients is nearly impossible in some cases.

Feb 18, 2014

Institutional investors grow influence on U.S. farmland – report

Feb 18 (Reuters) – Institutional investors are buying up
U.S. farmland at a rapid rate, and their influence is starting
to shift the types of crops grown and the way the land is
managed, according to a report issued Tuesday.

There is an estimated $10 billion in institutional capital
looking to acquire U.S. farmland, and over the next 20 years, as
the current generation of farmers retires, an estimated 400
million acres will change hands, according to the report issued
by The Oakland Institute, a Calfornia-based think tank with a
focus on agriculture.

Feb 13, 2014

Growth of biotech crops plateaus in U.S., climbs in Asia -report

Feb 13 (Reuters) – The growth of biotech crops in the United
States appears to have hit a plateau, but farmers are
accelerating plantings of genetically modified corn and rice in
Asia, notably China, although it still remains a much smaller
market, according to an industry report issued Thursday.

Farmers around the world grew a record 175.2 million
hectares (433 million acres) of biotech crops in 2013, up 3
percent from 2012, with American and Brazilian farmers
continuing to be the dominant users, according to the
International Service for the Acquisition of Agri-biotech
Applications (ISAAA), a pro-biotech industry organization.

Feb 12, 2014

AgFunder crowd funding for agriculture, launches first deal

12 (Reuters) – Crowd funding has found the farm.

AgFunder, an online platform for agriculture-related
companies to seek capital through a form of crowd-sourced
fundraising, said Wednesday it was launching its first campaign
by focusing on a California agricultural data company.

Through the online platform, Fresno, California-based OnFarm
is looking to raise $400,000 in capital to grow a farm data
software service, AgFunder said.

Feb 12, 2014

Kansas House advances bill to deny same-sex couples social services

By Carey Gillam

(Reuters) – Kansas businesses, individuals and government employees could refuse an array of social services and benefits to same-sex couples based on “sincerely held religious beliefs” under a bill approved on Wednesday by state House of Representatives.

Kansas is among 33 U.S. states that ban same-sex marriage, and the bill would address same-sex couples legally married in other states. Supporters of the bill say that being forced to recognize same-sex unions violates religious freedom.

Feb 11, 2014

GMO group steps up social media push for U.S. consumer acceptance

Feb 11 (Reuters) – A group of biotech companies battling to
increase U.S. consumer acceptance of genetically modified foods
is increasing paid advertising efforts as it expands a social
media marketing website it started last year.

The paid ads will seek to drive traffic to the
www.GMOAnswers.com website, started last year by agrichemical
industry players that want to allay concerns about GMO foods,
according to an executive who helps to run the site.

Feb 11, 2014

GMO group intensifies social media push for U.S. consumer acceptance

Feb 11 (Reuters) – A group of biotech companies battling to
increase U.S. consumer acceptance of genetically modified foods
is increasing paid advertising efforts as it expands a social
media marketing website it started last year.

The paid ads will seek to drive traffic to the
www.GMOAnswers.com website started last year by agrichemical
industry players that want to allay concerns about GMO foods,
according to an executive who helps to run the site.

Feb 10, 2014

NFL hopeful Michael Sam draws support after announcing he is gay

KANSAS CITY, Missouri (Reuters) – National Football League hopeful Michael Sam on Monday drew public support from athletes, fans and politicians after publicly revealing he is gay and potentially becoming the league’s first openly gay player.

The NFL and the University of Missouri, where Sam starred as a defensive lineman, rallied around him and even first lady Michelle Obama weighed in, calling him an “inspiration” for his courage on and off the field.

    • About Carey

      "Generalist/Commodities, with responsibilities for coverage of agricultural markets, issues and companies, including Monsanto and DuPont; as well as general and political news; and equities coverage of trucking and rail companies. Provide backstop for Treasury as needed."
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