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USDA Reports 52% of Corn Harvested

USDA reported 52% of corn crops harvested, below the 57% reported harvested by this time in 2020. The 5-year average for corn harvested in this week is 41%.
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USDA Launches First Phase of Soil Carbon Monitoring Efforts through CRP Initiative

The U.S. Department of Agriculture (USDA) is investing $10 million in a new initiative to sample, measure and monitor soil carbon on Conservation Reserve Program (CRP) acres to better quantify the climate outcomes of the program. The initiative will begin implementation in fall 2021 with three partners who will conduct soil carbon sampling on three categories of CRP practice types: perennial grasses, trees and wetlands.


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Kubota to Acquire AgJunction in All Cash Deal

AgJunction Inc., a global provider of advanced guidance, autosteering, and autonomy solutions for precision agriculture applications, today announced that it has entered into a definitive arrangement agreement to be acquired by Kubota Corporation in an all-cash transaction with a total equity value, on a fully diluted basis, of approximately CAD $91 million (USD $72.8 million).
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Purdue Ag Economy Barometer Finds That Most Growers Still New to Using Cover Crops

Out of 400 large-acreage growers surveyed, 41% are currently seeding covers on their operations.
The practice of using cover crops still has plenty of room for growth, according to the results of the August Purdue Ag Economy Barometer. Forty-one percent of growers with production of more than $500,000 annually said they are currently using cover crops, while 65% of growers responded that they had either used cover crops in the past or were currently using covers.
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USDA Seeks Grower Input on Carbon Markets

Growers have until Nov. 1 to submit their comments to the federal agency.
The USDA is looking to create a set of pilot projects that provides incentives to implement climate smart conservation practices on working lands and to quantify and monitor the carbon and greenhouse gases associated with those practices. The pilot projects could even expand or develop new and additional markets.
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Growers Could Receive $25 Per Acre Payments if Using Cover Crops

More than two-thirds of no-tillers will be eligible for up to $5 billion in financial incentives.
Landowners could receive payments of $25 per acre on up to 1,000 acres if cover crops are established in their fields for the purposes of soil health, according to a preliminary Senate draft of the Build Back Better bill and corresponding budget. Non-operating landowners could receive payments of $5 per acre for encouraging tenants to seed covers on rented fields.
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