Farmer sentiment rises in latest barometer, but concerns remain
Ag producers are more optimistic about their financial performance and prospects, according to the latest Purdue University/CME Group Ag Economy Barometer.
Agriculture/Farming
Articles
Jury orders egg suppliers to pay $17.7 million in damages for price gouging in 2000s
Indiana-based Rose Acre Farms, determined by a jury to be part of the conspiracy, said it would continue to consider all legal options, including post-trial relief and appeal.
CEO: Here’s why Corteva moved its HQ to Indy from Delaware
Speaking at Monday’s Economic Club of Indiana, Corteva CEO Chuck Magro said last year’s decision was anything but hasty or haphazard.
Made in Indiana: Professor Torbert’s Orange Corn products by NutraMaize
The bright orange corn, which is derived from varieties that originated in South America and the Caribbean, is designed to be milled into cornmeal, grits and polenta, rather than eaten off the cob.
U.S. regulators to review car-tire chemical that kills salmon
The agency’s decision to grant the petition last week is the start of a long regulatory process that could see the chemical banned. Tire manufacturers are already looking for an alternative that still meets federal safety requirements.
New Indianapolis whiskey producer cites barrels as key to flavor
Fortune’s Fool, an Indianapolis-based spirits company led by former anesthesiologist Juliet Schmalz, debuted this month in liquor stores, restaurants and bars.
State lawmaker drainage task force fumbles on final report
Sen. Jean Leising called it the “most miserable task force or interim committee meeting I have ever been a part of.”
New organic rules from USDA tighten restrictions on livestock, poultry producers
John Brunnquell, president of Indiana-based Egg Innovations, one of the nation’s largest free-range and pasture-raised egg operations, said the new rules should make his business more competitive.
Pushback continues against genetically modified salmon raised at Indiana farm
“AquAdvantage” salmon, engineered by biotech company AquaBounty Technologies, most recently drew criticism from environmental advocates at the 2023 Farm Aid event.
Corteva to occupy new $30M distribution center in Anderson
The 300,000-square-foot facility is being developed by local industrial real estate firm Scannell Properties LLC.
Colts owner Jim Irsay praised by PETA for embracing vegan lifestyle
The animal-rights organization this week promoted a video of a discussion with Irsay, who lives a vegan lifestyle, about his expanded involvement in animal activism.
Corteva sues startup rival Inari for patent infringement
The lawsuit seeks to prevent Inari “from continuing its brazen efforts to steal Corteva’s groundbreaking, patent-protected work,” according to the complaint.
Mellencamp: Unfortunately, there’s still a need for Farm Aid
“I don’t believe any of us ever, in our wildest dreams, would think 38 years later there would still be a need to do Farm Aid,” singer John Mellencamp told IBJ about the concert that benefits independent farmers.
Indoor farming players struggling to find profitability
Some businesses in the industry are continuing to bet big even as rivals such as AppHarvest wobble and fail.
Rep. Andre Carson: Welcoming immigrants is part of Hoosier hospitality
Without addressing labor shortages, our reliance on imported crops grows.
Hard Truth, Mellencamp Whiskey call partnership a ‘no-brainer’
Brown County’s Hard Truth Distilling Co., in partnership with the recently founded Mellencamp Whiskey Co., is releasing a new whiskey collection specifically celebrating and supporting Hoosier farmers.
Closure of Indiana chicken facility to cost 368 workers their jobs
More details have emerged regarding the impact of Tyson Foods’ announcement this week that it is closing four chicken processing facilities, including one in Indiana.
Tyson Foods closing 4 chicken processing plants, including one in Indiana
In a cost-cutting move, Tyson said it will shift production to other facilities and halt operations at the four plants in the first two quarters of fiscal 2024.
IBJ Podcast: Farming challenges mount as Indiana gets hotter and wetter, but crops will have staying power
Three members of Purdue’s agronomy faculty—including an expert in soybeans and an expert in corn—explain how climate change is playing out on the ground in Indiana farm fields.
National swine show, athletic events announced for new fairgrounds building
Indiana State Fairgrounds officials opened the 196,000-square-foot Indiana Farm Bureau Fall Creek Pavilion on Thursday, sharing announcements of national events already scheduled for the venue that has replaced the Swine Barn.