The price of farmland in the Upper Midwest begins the new year at record levels, with no sign of a peak yet. High grain prices are giving farmers lots of cash and they're spending it on their favorite asset.
Farm equipment manufacturers are rolling out
cleaner tractors to meet stricter new federal air regulations, but
many in the industry say the challenge will be getting farmers to
put the high-priced models into fields during hard economic times.
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The deep snow blanketing the Midwest prairie
didn't bother the bison on Ed Eichten's ranch one bit. The hardy
animals evolved to survive - even thrive - year-round on the open
range, and with their big heads, they can plow right through drifts
5-feet tall or more.
The Food Safety Modernization Act has passed Congress, strengthening federal oversight of food processing facilities and farms but keeping a controversial exemption for small farms.
The state's Department of Agriculture will be in new hands for the first time in 15 years.
Gov.-elect Mark Dayton has named former state Senator David Frederickson as the next agriculture commissioner.
The Justice Department is pursuing several leads on possible anti-competition cases in agribusiness after a series of hearings on the issue, according to Christine Varney, the head of the agency's antitrust division.
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