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7 ag stories you might have missed this week - Aug. 23, 2019

Who got the most trade aid, Bayer sells animal health division to Elanco and NemaStrike sale paused

Janet Kubat Willette, E-Content Editor

August 23, 2019

2 Min Read

Missed some agricultural news this week? Here are seven stories to catch you up.

1. Fargo County, N.D., received the most trade aid in the first round of Market Facilitation Program payments. Soybeans accounted for 97% of the total aid. Total payments for soybeans through the end of July were more than $7 billion of the $8.6 billion paid out according to Farm Service Agency data. – Farm Futures

2. China bought about 70% of North Dakota’s soybeans and the absence of that market has hit growers hard. A U.S. Soybean Export Council representative says, “North Dakota has probably taken a bigger hit any anybody else from the trade situation with China.” – Reuters

3. Citing safety concerns over skin rashes, Bayer has stopped the sale of NemaStrike for 2020. The problem is scientists cannot pinpoint what is causing the skin irritation. – Missouri Ruralist

4. Where are all the prevent plant acres? More than 245,000 have been reported in New York state, mostly in the northwest part of the state. Overall, 18% of the state’s corn was not planted. South Dakota has more than 3.8 million prevent plant acres, followed by Illinois with 1.5 million acres; Ohio, 1.49 million; Missouri, 1.39 million; Arkansas, 1.33 million, and Minnesota, 1.17 million. – Farm Progress

5. Bayer is selling its animal health division to Elanco Animal Health for $7.6 billion. The sale is expected to be completed in mid-2020 and is subject to customary closing conditions, including antitrust clearance. – Indiana Prairie Farmer

6. General Mills announced a new approach to curbing pesticide residues in the grain used to produce its products. The strategy includes regenerative agriculture, integrated pest management, expanding organic crop usage and promoting the health of bees and other pollinators. -

7. Del Monte Foods is closing two of its U.S. plants and laying off hundreds of workers. The plants in Mendota, Illinois, and Sleepy Eye, Minn., will close. Nearly 500 are employed in Illinois and the workforce at Sleepy Eye swells to 400 during processing season. The steel and aluminum tariffs were cited as a contributing factor. - CBSNews

And your bonus.

How would you describe your landlords? Are they risk-averse or do they enjoy negotiation? Do they want to be involved? Consider your landlord’s personality before you visit to talk rent because the type of lease may depend on their personality. – Indiana Prairie Farmer

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