January 12, 2016

USDA January Reports

U.S. Ending Stocks
2015/2016 Marketing Year (in billion bushels)



World Ending Stocks
2015/2016 Marketing Year (in million metric tons & billion bushels)



U.S. Quarterly Grain Stocks
as of September 1, 2015 (billion bushels)


U.S. Crop Production - Corn & Soybean
2015/2016 Marketing Year (billion bushels & bushels per acre)

 

U.S. Winter Wheat Seedings
2015/2016 Marketing Year (in million acres)


December 11, 2015

DowDuPont Merger of Equals

Dow and DuPont today announced the two companies would combine in a merger of equals.

DowDuPont, the merged business, will then be split into three independent publicly traded companies; agriculture, material science, and speciality products. The company's leadership, Andrew Liveris from Dow and Ed Breen from DuPont, say the projected market value of the merger is $30 billion dollars, with about a billion dollars worth of growth synergies achieved by the merger itself. Market capitalization of the new DowDuPont is $130 billion dollars.

Most current shareholders will each own approximately 50 percent of the combined company.



Listen to the closing comments from Ed Breen and Andrew Liveris from the Friday December 11, 2015 Dow Dupont merger announcement.

Link to the full DowDuPont Merger Presentation


December 09, 2015

Food Safety Training for School Lunch Program

The Illinois State Board of Education has awarded four and half million dollars to University of Illinois Extension. The money will be used to help with the state’s school lunch program. The Board will use Extension to provide foodservice training and education to about 4000 school lunchrooms. Family & Consumer Sciences educators will create and deliver training on child nutrition standards and the cafeteria environment. The $4.5 million, three year effort starts in January with a monthly webinar series. A web training portal will follow in March. Schools interested in training can also contact Extension for onsite customized sessions and technical assistance says University of Illinois’ Jennifer McCaffrey.


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