The nation's biggest farm lobbying group supports
a balanced budget. It's against tax increases and says the federal
government needs to tighten its belt.
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New figures released by the U.S. Department of Agriculture
Wednesday say Minnesota farmers grew an estimated 1.29 billion
bushels of corn, up 4 percent from last year's record.
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Cargill posted sharply higher quarterly earnings, helped by strong growth from The Mosaic Co. Cargill spun off the fertilizer maker several years ago, but retains a 64 percent stake.
Corn and soybeans jumped to the highest prices since July 2008 and wheat rose after the government cut forecasts for U.S. inventories, signaling tighter food supply as demand increases and adverse weather hurts crops.
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Immigrant farmers are fixtures at farmers' markets in the Twin Cities, but they are not nearly as well represented in other parts of the local food scene.
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