All Agriculture Content

All Agriculture Content

Illini Farm Toy Show set to begin Friday in Urbana

URBANA — An annual farm toy show sponsored by young farmers in the area will be held next week.

$5.7 million grant to UI to find ozone-resistant corn

CHAMPAIGN — On an ozone action day, when air quality levels are unhealthy, especially for people with conditions like asthma, even plants feel the stress.

UI prof: Ethanol boom over; biodiesel ramping up

CHAMPAIGN — A University of Illinois professor says the ethanol boom is over, but farmers may soon enjoy the benefits of a boom in biodiesel.

Scott Irwin, a professor of agricultural and consumer economics, said the U.S. will likely need to boost production of biodiesel sharply in order to meet Environmental Protection Agency mandates.

Gates Foundation gives UI $25 million for photosynthesis research

URBANA — In what has been described as a "game-changing" grant, the Bill & Melinda Gates Foundation has awarded the University of Illinois a five-year, $25 million grant to fund photosynthesis-focused research that could address global food security challenges in the future.

Andersons completes purchase of grain, agronomy assets

CHAMPAIGN— The Andersons Inc. announced on Monday it has completed the purchase of most of the grain and agronomy assets of Green Plains Grain Co.

The Andersons, based in Maumee, Ohio, already has grain terminals in Ohio, Illinois, Indiana, Michigan and Nebraska. Locally, it has grain handling and storage facilities in Champaign and Mansfield.

Corn, soybean prices falling

DEWEY — Corn and soybean prices, which hit record highs in August, have been dropping since then and may fall further, a commodity research analyst said.

"There is still risk downside in prices," Brian Basting of Bloomington-based Advance Trading told about 50 farmers Tuesday at an agricultural seminar sponsored by the Dewey Bank.

U.S. soybean harvest expected to beat forecast

URBANA — Soybean prices have declined the last two months, and prices could go either way in coming months, University of Illinois agricultural economist Darrel Good said.

Soybean prices reached a peak on Sept. 4, when November futures traded for $17.89 a bushel, Good said in a UI press release. The price has since declined to the $15-a-bushel range.

Ford County leases farmland for highest rent ever

PAXTON — Farmland owned by Ford County will be leased for the next two years for the highest amount ever.

At a public auction this week, cash-rent leases for three county-owned farms were awarded for a total of $122,860 per year — an increase of $34,740 from the winning bids from two years ago.

Corn prices have dairy cows getting taste of Bud

URBANA — The cows here are eating the stuff that's used in beer-making. But don't expect your child to be growing a taste for Budweiser.

Byproducts from Anheuser-Busch in St. Louis just come a lot cheaper than corn at its high post-drought prices. The University of Illinois is also working with cotton byproducts in its dairy farms south of Urbana.

Business roundup: Manager chosen for Stone Creek course

URBANA — Northbrook-based KemperSports has been chosen by The Atkins Group to manage Stone Creek Golf Club in Urbana.

KemperSports operates golf facilities as well as athletic clubs, lodging venues and major sporting events.