Agribusiness Update for Friday 5/3/13

Agribusiness Update for Friday 5/3/13

This is the Agribusiness Update...I’m Greg Martin...

The National Research Council released its risk assessments reports on pesticides Wednesday - which raises concerns about the federal government’s methods to conduct scientific assessments of ecological risks from pesticides - as required by the Endangered Species Act. The request was to evaluate the technical and economic feasibility of reasonable and prudent measures which would affect more than 112-million acres and rural economies in certain states if implemented.

This year - the Natural Resources Conservation Service’s Conservation Stewardship Program will provide nearly 175-million dollars for up to 12.6-million additional acres of enrollment. Farmers, ranchers and forestland owners interested in the program may submit their applications until May 31st to their local NRCS office to be considered for funding.

USDA Rural Development has selected 110 agricultural producers and rural businesses to receive Value-Added Producer Grants to help them increase their income by expanding marketing opportunities, create new products or develop new uses for existing products. Eleven of the projects involve bio-based products.

That’s today’s Agribusiness Update from the Ag Information Network. 

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