A partisan divide on how to deal with high energy prices has
Democrats looking largely at speculators, while Republicans look largely at
opening up land to drilling.
See DTN Ag News. BFull Story...
Eight nations protested a small-group format introduced by World
Trade Organization Director-General Pascal Lamy at the Doha trade talks in
Geneva Thursday, where progress has been slow and minimal. The protesting group
complained about a lack of transparency and inclusiveness with the new format.
See DTN Ag News. @^Full Story...
Secretary of Agriculture Ed Schafer said he doesn't know how legal
decisions on a lawsuit against USDA are going to allow the department to make
changes to the CRP.
See DTN Ag News. 4^Full Story...
A group of agribusinesses including Archer Daniels Midland, Monsanto
and DuPont launched a new lobbying organization, Alliance for Abundant Food and
Energy, in order to push the idea that technology can ease global supply
shortages.
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Average corn basis for the past week was up 2 cents and average
soybean basis climbed 12 cents. Wheat basis levels were 4 cents weaker for SRW,
2 cents higher for HRW and 4 cents lower for spring wheat.
See DTN Ag News. =^Full Story...
