Written by Rhonda Brooks and Katie Humphreys
Immigration Reform Proposal
In mid-April, a bipartisan group of U.S. senators unveiled their long-awaited immigration reform proposal that includes a framework for a farm worker program. Secretary of Agriculture Tom Vilsack and many ag groups are supportive of the proposal. "Everyone knows we have a broken immigration system that is now compromising agriculture’s ability to grow and raise what we need to feed our own people and continue our record exports," Vilsack said in a recent interview with "AgriTalk" host Mike Adams. To listen to Vilsack’s commentary on the proposal and its three components, visit www.FarmJournal.com/immigration.
Companies End Lawsuits, Begin New Venture
Agreeing to disagree is usually a more advantageous use of company resources than duking it out in the legal system. In no segment of the ag industry is that more true today than in the seed business. Case in point: the recent decision by DuPont and Monsanto Company to end their respective antitrust and first-generation Roundup Ready soybean patent lawsuits. In the process of setting aside their respective lawsuits, the two seed giants have now opted to enter into licensing agreements to develop new transgenic seed products.
The agreements will enable DuPont Pioneer to market Monsanto next-generation soybean technologies in the U.S. and Canada. For that opportunity, DuPont Pioneer will compensate Monsanto about $1.75 billion between now and 2023.
The benefits to DuPont Pioneer: It will market Genuity Roundup Ready 2 Yield soybeans as early as 2014. Company officials also expect to sell Genuity Roundup Ready 2 Xtend glyphosate and dicamba tolerant soybeans as early as 2015, pending regulatory approval.
DuPont Pioneer will receive regulatory data rights for soybean and corn traits licensed from Monsanto. Likewise, Monsanto will have access to certain DuPont Pioneer disease-resistant and corn-defoliation patents.
Wheat Seeding for Success
Join us on Aug. 7 in McPherson, Kan., at Wheat Seeding for Success, our first ever hands-on, in-the-field wheat event. High-Yield Wheat Expert Phil Needham is set to address a variety of practical, high-value topics, including seeding strategies, fertility, evaluating stands, residue distribution and overall crop management. Space is limited, so sign up soon to take advantage of this unique opportunity.
To register, call (877) 482-7203 or go to www.FarmJournalCornCollege.com