The North Carolina Department of Agriculture played host to a Chinese horticulture trade team made up of the country’s experts and landscape architects , touring wholesale nurseries in the state’s western counties. NCDA Assistant Director for International Marketing, Peter Thornton:
“They met with three different nurseries. And they had a chance to visit Biltmore Estate. There are several market opportunities out there in China, especially for things like red maple.”
Thornton explains why red maples:
“From what they tell me, the Chinese government has discovered that they turn red and they think that very appropriate for Beijing.”
Currently, the Chinese import plant materials exclusively from the west coast.
Hurricane Sandy Drives Down Oil & Gas Prices
With the massive storm disrupting normal life in large parts of the East Coast — thus reducing demand for gas and oil — prices are falling rapidly. The national average for a gallon of regular is $3.53, according to Triple-A. That's more almost 12 cents lower than a week ago. Lower demand means lower prices, says industry analyst Phil Flynn.
“When you cant leave your house you are not running to the gas station. What we have seen is one of the greatest demand destructions events in history.”
In South Carolina Markets on Tuesday:
Cattle at SC Auctions on Monday: Feeder cattle 2.00 lower to 2.00 higher.
SC Grain; Corn bids were 3 to 10 cents higher, processor bids 7.42-8.32.
Soybeans were 6 to 11 cents higher, processor bid 15.14. New Crop Wheat bids were 4 to 6 cents higher, elevator bids 7.21-8.18.
Cotton on Tuesday. Southeast base price for 41-4/34 grade was 68.17, down 1.69.
Monsanto Applies for Experimental Use Permit for Dicamba, Glyphosate Mixture
Monsanto has applied for an EPA experimental use permit for a mixture of dicamba and glyphosate that the company intends to apply to bio-engineered soybeans and cotton in field trials beginning early next year.
Monsanto and BASF Corporation are working jointly on a cropping system that would include crops genetically engineered to be tolerant of both herbicides. A Monsanto spokesman says they intend to make seeds and a pre-tank mixed chemical available to farmers in 2014 and the herbicide for which they're seeking the permit – called by the company M1751 – is a candidate for the premix. EPA will accept comments on the application through November 23rd – saying the permit may be of regional and national significance.
Another Successful National FFA Convention Wraps Up
More than 56-thousand FFA members from across the country traveled to Indianapolis last week for the 85th National FFA Convention and Expo. Last year – just more than 53-thousand students attended the convention – and this year’s number is a record for FFA.