Agribusiness Update for Friday 09/27/13

Agribusiness Update for Friday 09/27/13

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

An alliance of cattlemen representing Australia, Canada, New Zealand and the U.S. has signed a letter in support of a comprehensive Trans-Pacific Partnership agreement. The Five Nations Beef Alliance Joint Communique outlines core principles to ensure the TPP negotiations fulfill the promise of a high-quality agreement that can serve as a standard for future trade agreements.

Just in the last week - 24 new stations have started offering E85. This brings the total number of stations offering this ethanol blend up to 139 this year. The expansion comes on the heels of a study released by Iowa State University's Center for Agricultural and Rural Development. The study found that it's feasible to meet 2014 and 15 biofuel mandates with expanded E85 consumption given the existing number of flex-fuel vehicles and stations that sell E85.

USDA if providing funding for projects in 22 states that will help agricultural producers and rural small businesses reduce their energy consumption and costs. The funding will also allow producers to use renewable energy technologies in their operations and conduct feasibility studies for renewable energy projects. through the Rural Energy for America Program - or REAP.

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

Previous ReportAgribusiness Update for Thursday 09/26/13
Next ReportAgribusiness Update for Monday 09/30/13