Pfizer separates animal health unit

Pfizer Inc. plans to separate its animal health unit into a stand-alone company, a move Wall Street expected as the largest U.S. drug maker focuses more intently on its core pharmaceuticals business. Pfizer said on Thursday that preparations were underway for a public offering of a minority stake in the new animal health company, which


Bigger and bigger and …

Two years ago March 12, trumpets blasted in Ankeny, Iowa, as America’s new gladiators for agricultural justice — U.S. Attorney General Eric Holder, Jr., his antitrust chief Christine Varney, U.S. Department of Agriculture boss Tom Vilsack and hundreds of farmers — gathered for a day-long discussion on “competitive dynamics of the seed industry; trends in

Falling crop prices may be a harvest for retail

Corn, wheat and cotton prices are expected to fall — and that could lead to gains in sectors far removed from the farm. Deere & Company predicted on its February earnings call that agricultural commodities will lose ground this year. The farm equipment maker estimates that corn prices will fall 17 per cent through the

EU Meltdown Takes Down Global MF

The Chicago Mercantile Exchange and ICE Futures Canada said Oct. 31 that customers of broker-dealer MF Global were limited to liquidating their positions. The exchange, which owns the Chicago Board of Trade, said it would no longer recognize MF Global, which filed for Chapter 11 as a guarantor for floor trading. The company filed for


DuPont Suit Claims Monsanto Infringed Corn Patent

REUTERS / DuPont s Pioneer seed unit has sued Monsanto Co., claiming its arch-rival infringed on patents that help genetically modified corn seeds germinate. The suit, filed Oct. 18, is the latest volley in a bitter fight between the duo for dominance in the lucrative U.S. corn seed industry. In its lawsuit, filed in United

American Homestead Act Celebrates 150 Years

Already deeply engaged in a bloody war, a young, untested president did not hesitate when Congress delivered legislation that might spark a new beginning for a tiring nation. When Abraham Lincoln signed the Homestead Act of 1862 he sent a clear signal to all Americans that he believed the Union would endure and it would

Prices Are Good. Don’t Worry, Be Happy

So corn is rockin north of $7, beans are toyin with $14, cattle look to be headed to who-knows-where, wheat prices for almost every variety are tall to really tall, and hogs, well, bacon is sellin for what steak used to. Wow, huh? And here are two more sweet words: land values. Second-quarter 2011 farmland


New Antibiotic Treatment For Dairy

Pfizer Animal Health has announced that Excede 200, a convenient, single-dose, long-acting antibiotic therapy, is available to treat bovine respiratory disease (BRD) in cattle, including lactating dairy cows. The first new BRD treatment for the dairy in more than a decade, Excede provides producers with a new option to treat an illness considered a major

CAPI Report Seeks New Direction For Food Policy

Traceability systems could be the catalyst to get Canadian agriculture participants taking a systems approach that could improve quality, efficiency, competitiveness and profits, David McInnes, president and chief executive officer of the Canadian Agri-Food Policy Institute says. McInnes reviewed a report the institute released in February that calls for radical reforms of Canadian agriculture policies