Research has been fundamental to the growth of the U.S. as a world leading food exporter, as well as an exporter of agricultural technology. The twentieth century saw extraordinary output from public research dollars, resulting in higher crop yields and greater efficiencies.
Since 2000, publicly funded research has fallen by an estimated 30 percent as a portion of all R&D in the U.S. This trend coincides with the growth of organic agriculture, and the legalization of hemp, both segments where research is critical to make competitive gains. Declines in funding occurred at both the state and federal level, and private research understandably shifted focus to near-term monetization and biotechnology.
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11.22.2024
Biodiesel margins rise, but window of opportunity limited
Biodiesel margins continued to rise during the week to Friday November 22. The bean oil/heating oil (BOHO) spread boosted margins by falling to its lowest level since August 27.
11.22.2024
Gulf prices average higher despite weeklong declines in SBO
For the week ended Friday November 22, packer bleachable fancy tallow (BFT) remained unchanged from the previous week’s average, while Gulf Coast-delivered tallow rose 2.7%, primarily...
11.22.2024
Bloodmeal largest price mover week on week; November cattle on feed higher
US animal protein prices were mixed to mostly higher for the week to Friday November 22, with only meat and bonemeal showing a slight price reduction due to tighter...