Agribusiness Update for Tuesday 09/03/13

Agribusiness Update for Tuesday 09/03/13

This is the Agribusiness Update...I'm Greg Martin... According to an annual assessment of the advanced biofuel industry - there will be sufficient supply of advanced biofuels to meet the Renewable Fuel Standard through 2016. The report from Environmental Entrepreneurs - comes at a time when the RFS is under attack from the oil industry and other interest groups and renewed scrutiny by members of Congress. While exports are forecast at a record 140-billion dollars for this fiscal year - exports in the next fiscal year are projected to drop five-billion dollars to 135-billion. That's according to USDA's Economic Research Service. Lower wheat, rice and feeds and fodders exports are expected to result in a 1.7-billion dollar drop in grain and feed exports. School gardens across Idaho will get some expert help from 11 University of Idaho Extension Master Gardener volunteers who will serve as mentors this growing season. The mentors will guide schools in managing their own gardens with technical expertise and assisting garden leadership teams. That's today's Agribusiness Update from the Ag Information Network.
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