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The single largest risk to any of our businesses is death. We have chosen to purchase life insurance to avail me or my partner the flexibility to unwind each other’s position in the business.

USDEC chairman: “South Korea is a classic case study in long-term, integrated market development programs executed collaboratively with processors to ensure dairymen have markets for our growing U.S. milk supply.”

National Milk Producers Federation’s annual event was the first cheese competition that utilized grading standards to improve cheese quality.

China just ordered a massive volume of U.S. corn in spite of growing trade friction between Washington and Beijing.

The Tillamook area producer agreed to restore and preserve more than 20 acres of historic wetlands to resolve a federal Clean Water Act violation.

All-Milk price is projected to drop to $20.00 to $20.10 per cwt. for 2011, and $17.75 to $18.65 per cwt. for 2012.

It seems a rare act of civic sacrifice. In the name of deficit reduction, lawmakers from both parties in the United States are calling for the end of a longstanding agricultural subsidy that puts about $5 billion a year in the pockets of their farmer constituents. Even major farm groups are accepting the proposal, saying that with farmers poised to reap bumper profits, they must do their part.But in the same breath, the lawmakers and their farm lobby allies are seeking to send most of that money - under a new name - straight back to the same farmers, with most of the benefits going to large farms that grow commodity crops like corn, soybeans, wheat and cotton. In essence, lawmakers would replace one subsidy with a new one.’'We are very much aware of the budgetary constraints of the federal government,’' said Garry Niemeyer, an Illinois farmer who is president of the National Corn Growers Association. ''We want to do our part as corn growers to help resolve those issues, but we only want to do our proportional part. We don’t want to have everything taken out on us.’'

EUROPEAN Commission proposals for reforming the Common Agricultural Policy (CAP) include a plan to dedicate 30 per cent of direct farm payments to “green” measures. Controversially, it would only be paid to farmers who leave at least seven per cent of their land fallow - something the Country Land and Business Association (CLA) and National Farmers Union (NFU) pledged to fight.

US Agriculture Department officials have faced criticism over recent forecasts that have roiled the grains market, saying that the explosive growth of the ethanol sector had upended traditional patterns. The robust growth of the ethanol sector in the last few years has altered the structure of the US corn market and is complicating the government’s efforts to gauge feed use, the US Agriculture Department said.

September culling was up 4,000 head over a year ago (1.6%) and 2,000 head higher than August.