Hemp growers and entrepreneurs who were joyous a year ago after U.S. lawmakers reclassified the plant as a legal agricultural crop now are worried their businesses could be crippled if federal policymakers move ahead with draft regulations.
Lilly spin-off putting nearly 1,200 acres up for auction by Greenfield
The land formerly was owned by Eli Lilly and Co. and then was included in Elanco’s 2018 spin-off from the pharmaceutical company.Read More
Family-owned Beck’s unfazed by multinational seed rivals
A seed is an appropriate metaphor for Beck’s Hybrids, while its competitors in the fast-consolidating farm-seed industry might be compared to the towering plant in Jack and the Beanstalk.Read More
China to remove tariffs on some U.S. products, but not corn, soybeans
China extended an olive twig, rather than a branch, to the United States in their trade war Wednesday, announcing it would exempt 16 American-made products from tariffs as a sign of goodwill ahead of talks scheduled for next month.Read More
Farmers’ loyalty to Trump tested over new corn-ethanol rules
The trigger wasn’t Trump’s China tariffs, but the waivers the administration granted this month to 31 oil refineries so they don’t have to blend ethanol into their gasoline.Read More
Gov. Eric Holcomb initially proposed spending $291 million from the state’s reserves on five major capital projects, including the new barn at the Indiana State Fairgrounds. But a bill recently filed by House Ways & Means Chairman Tim Brown left it out.
In the first-step agreement, the U.S. dropped its plan to impose new tariffs on $160 billion of Chinese imports and agreed to trim existing import taxes on about $112 billion in Chinese goods. In return, the U.S. said China agreed to buy $40 billion a year in farm products over two years.
America’s trade representative says China has agreed to buy $40 billion per year in agricultural products. The president says it’s more than $50 billion. But the text of the deal hasn’t been made available, and China isn’t talking.
Some farm groups and farm-state lawmakers expressed anger at the Trump administration Thursday over final ethanol rules that they said failed to uphold the president’s promises to the industry.
Fishers-based Aggressively Organic Inc., an agricultural technology company that focuses on alleviating food insecurity, announced plans in 2017 to hire 200 people by the end of 2021.
Dean Foods, America’s biggest milk processor, filed for bankruptcy Tuesday amid a decades-long drop-off in U.S. milk consumption blamed on changing trends and a growing variety of alternatives.
The company says Sotero Ramirez and Robert Lemon downloaded thousands of files of valuable and confidential information in the days leading up to their resignations, amounting to theft of company property and a violation of their non-disclosure and non-competition agreements.
Naples, Florida-based Cormo USA is is set to make its mark in the world of peat moss, and the agricultural technology firm thinks Rushville is the place to do it. The company projects local employment will hit 250 by 2025.
It’s a move that many states have awaited so they can begin widespread hemp production.
Some Indiana farmers have started harvesting their first legal crop of hemp without knowing whether it will prove to be lucrative.
Agriculture commodity groups and some farmers expressed frustration and anger Wednesday with a rule released by the Environmental Protection Agency that they said fails to uphold a promise President Donald Trump made 12 days ago.
A deal should win back benefits American farmers lost when President Donald Trump pulled out of a broader Asia-Pacific pact his first week in office.
Administration officials agreed to the broad contours of a renewable fuel plan, including further moves to encourage the use of E15 gasoline containing 15% ethanol, beyond the 10% variety common across the U.S.
Deputy Mayor Leah McGrath told IBJ the city and Brandywine mutually agreed to “discontinue” their partnership after the city’s vision for the park grew beyond Mayor Scott Fadness’ early concept.
The owner of a western Indiana ethanol plant is blaming its shutdown on the Trump administration’s decision to allow some refineries to not blend ethanol with gasoline as required under federal law.
An agreement would ease investor pressure over massive litigation exposure the German drug and chemical giant took on with its $63 billion purchase of the weedkiller’s maker, Monsanto Co.
FBI special agent Craig Moringiello told IBJ “we have a tremendous infrastructure in place in this state for agricultural innovation, and that makes us a target.”