Industry News | 3-29-2021
Corteva Agriscience Reveals the Latest Innovation in Cereals Weed Control
A new postemergence herbicide combining the next generation of broadleaf weed control with an industry-leading graminicide is primed to change the game for wheat and barley producers battling tough weeds. Rezuvant™ herbicide with Arylex® active has received U.S. Environmental Protection Agency (EPA) approval and is expected to be available in time for the 2021 spring wheat crop. “Rezuvant herbicide elevates cross-spectrum weed control performance for cereal growers by combining three leading active ingredients for application flexibility and proven performance in one convenient premix,” said Brooklynne Dalton, U.S. Product Manager, Cereals Herbicides, Corteva Agriscience.
BASF Presents Roadmap to Climate Neutrality
BASF is setting itself even more ambitious goals on its journey to climate neutrality and wants to achieve net zero emissions by 2050. Based on the most recent progress in developing low-emission and CO2-free technologies, the company is also significantly raising its medium-term 2030 target for reductions in greenhouse gas emissions: BASF now wants to reduce its greenhouse gas emissions worldwide by 25 percent compared with 2018 – and to achieve this despite targeted growth and the construction of a large Verbund site in South China.
Surprise Supply Shock in USDA H&P Report Sets Stage for Improved Hog Prices
The latest Hogs and Pigs report from USDA painted a more bullish supply picture for prices this year. In the report USDA released March 25, it showed a surprise shock to supplies, with USDA issuing some key reductions. Highlights of the H&P report show: U.S. inventory at 74.8 million head, down 2% from March 2020; Breeding inventory at 6.21 million head, down 3% from 2020; Hog producers intending to have just over 3 million sows farrow from now until May, down 3% from same period in 2020.
Goodyear Commits to Using Sustainable Soybean Oil in its Tires
The Goodyear Tire & Rubber Company, with research from the United Soybean Board, announced a multi-decade commitment by the tire manufacturer to source sustainably produced U.S. soybean oil and will phase out petroleum-derived oils from its products by 2040. The initial research led to the discovery that soybean oil could not only improve tire flexibility across temperatures but also provide enhanced grip on road surfaces, making it an ideal choice for Goodyear’s all-weather tire line.
2021 Opportunities Learned from 2020
As communities and workplaces shut down last year due to COVID-19, the impact on food production was immediate. Processing and marketing chains were severely disrupted. Businesses and families found out just how choppy virtual connectivity was in rural areas. Add in political and trade challenges, and 2020 was a year for the record books. During a virtual Commodity Classic session March 5, a panel of ag company executives looked back at lessons learned and how they are applicable in 2021.