- Rising production costs and uncertain profit margins have risk-averse farmers ready to cut corn plantings in 2009 in favor of soybeans, which could see another substantial jump in popularity next spring, according to latest Farm Futures survey.
- The daily volume of 7,363 contracts traded Dec. 10, 2008 topped the former daily Minneapolis Grain Exchange (MGEX) record. The new daily record also pushed December 2008 in to the top 20 for total monthly electronic volume. And, for the 128th time in its history, MGEX held its Annual Meeting of membership.
- The Scotts Miracle-Gro Company announces the recent promotion to senior vice president of Jeff Garascia, Ph.D.
- The Board of Directors of the American Soybean Association has confirmed Johnny Dodson from Halls, Tenn., as President, and John Hoffman from Waterloo, Iowa, as Chairman. Board members also elected Rob Joslin from Sidney, Ohio, to serve as First Vice President.