Agriculture/Farming

Farm subsidies may face cuts amid record profits

October 4, 2011
Bloomberg News
U.S. farmers earning record profits are fighting to maintain agricultural subsidies, a likely target of the congressional supercommittee working to reduce federal spending.
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Taiwanese reps sign deals to buy corn, soybeans

September 26, 2011
Associated Press
Two Taiwanese trade groups have agreed to buy as much as $5 billion worth of corn and soybeans from Indiana and other states in 2012 and 2013.
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Fish farming could become $1B industry in IndianaRestricted Content

September 24, 2011
Sam Stall
Current estimates place annual revenue for Indiana fish farming at just a few million dollars. But some believe the state’s central location, abundant land and water supplies, and relatively benign regulatory environment could foster a $1 billion industry in the next 10 years.
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Indiana bans DuPont’s Imprelis herbicide

September 20, 2011
Officials took the action after finding that the herbicide damaged scores of trees and ornamental plants throughout the state.
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Butler center aims to make urban farming viableRestricted Content

September 3, 2011
Chris O'Malley
Tim Carter, director of Butler University’s Center for Urban Ecology, is intent on making CUE a national leader in urban ecology by making the center's research valuable on a broad scale.
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Purdue economist: Indiana will see record farm income

September 1, 2011
Associated Press
A Purdue University agricultural economist says Indiana's 2011 farm income could approach $4 billion, eclipsing the state's previous farm income record of $3.2 billion set in 2008.
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Dig-IN tasting festival looks to create independent foundationRestricted Content

August 27, 2011
 IBJ Staff
Event at White River State Park wants to create ongoing source of support to connect Indiana farmers with grocery stores, restaurants and consumers.
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NFP of NOTE: Indiana 4-H Foundation

August 13, 2011
Indiana 4-H Foundation provides financial support for the statewide 4-H youth program.
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Wet spring, dry summer dent Indiana corn, soybeans

August 11, 2011
Associated Press
Experts say Indiana farmers won't produce as much corn and soybeans as they had hoped for a second straight year.
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State fair chief 'born and raised' to lead showcase eventRestricted Content

August 6, 2011
Ann Finch
Indiana State Fair Commission Executive Director Cynthia Hoye has parlayed a lifelong love affair with 4-H and fairs into a career of supporting agriculture and extension programs and finding ways to make a good fair better.
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Indiana State Fair to promote soybean industry

August 3, 2011
Associated Press
The Indiana State Fair will celebrate the versatility of the soybean and its $2.5 billion impact on the state during its 17-day run beginning Friday.
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Dry streak becoming worrisome for Indiana farmers

July 29, 2011
Associated Press
Central Indiana is on pace for perhaps its driest July on record, with the state's eastern half already in low-level drought conditions.
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Golf course manager suing DuPont over herbicide

July 19, 2011
Scott Olson
R.N. Thompson, which operates several local courses, claims the company's Imprelis herbicide caused "catastrophic tree loss." R.N. Thompson has joined a Pennsylvania resident in filing the class-action suit.
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Downtown garden growing more than food

July 7, 2011
Andrew Smith
Now in its second year, the Wishard Slow Food Garden grows produce for local markets, restaurants and residents alike. And from 11 a.m. to 2 p.m. on Thursdays, consumers can sample some of the harvest as the Duos Indy Mobile Kitchen sets up shop a few steps away.
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Larger-than-expected corn crop could slow food inflation

July 1, 2011
Associated Press
U.S. food prices may ease later this year now that farmers have planted the second-largest corn crop in nearly seven decades.
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Mooresville farm equipment maker expanding operations

June 9, 2011
 IBJ Staff
Equipment Technologies, a manufacturer of agricultural spraying equipment, plans to invest nearly $6.4 million in an expansion of its Mooresville operations, more than doubling its work force by 2015.
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Massive wind farm planned north of Indianapolis

May 31, 2011
 IBJ Staff
A Chicago-based wind-farm developer is planning a $175 million farm about 45 miles north of Indianapolis that will span parts of Madison, Tipton, Grant and Howard counties.
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Indiana farmers far behind in planting corn crop

May 26, 2011
Associated Press
Indiana farmers made up a lot of ground in the past week, but experts say they are still far behind their typical planting schedule because of this spring's drenching rains.
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Purdue receives $32 million Afghanistan farm grant

April 4, 2011
Associated Press
A grant of $31.9 million awarded to Purdue University may translate into a more sustainable agricultural sector for Afghanistan, according to U.S. Sen. Dick Lugar.
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Organic-food delivery service growing its operations

April 1, 2011
Sean Morrison
Indianapolis-based Green B.E.A.N. Delivery planted a seed here four years ago, and now the organic food-shipping service is cultivating its own 60-acre farm in Sheridan.
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Scientists question claims in biotech letter

April 1, 2011
Associated Press
The widespread Internet posting of a letter by a retired Purdue University researcher who says he has linked genetically modified corn and soybeans to crop diseases and to abortions and infertility in livestock has raised concern among scientists that the public will believe his unsupported claim is true.
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Parks Foundation plans east-side farm for Gleaners

March 3, 2011
Kathleen McLaughlin
The Indianapolis Parks Foundation plans to use a $150,000 grant from Indiana University Health to start an organic farm on the east side of the city benefiting Gleaners Food Bank.
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Growth in farmers' markets continues into winter months

February 19, 2011
Sean Morrison
The U.S. Department of Agriculture says there are about 900 winter farmers’ markets in operation—a 17-percent increase over the past two years. Two thrive locally, one downtown and one in Zionsville.
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Indiana cattle firm may face involuntary bankruptcy

December 7, 2010
Associated Press
An Indiana firm under federal investigation for passing bad checks for cattle purchases could find itself forced into bankruptcy proceedings if a judge grants a motion filed by some of those owed money.
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Ethanol's future clouded by potential loss of tax breaks

November 20, 2010
Chris O'Malley
The fortunes of Indiana’s 12 ethanol plants, and the farmers and truckers who supply the corn to make the motor fuel additive, hinge on two decisions facing Congress and federal regulators in the weeks ahead.
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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