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Recent News:
  • Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.   
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"As Associate Company Counsel, my focus is to assist the business to grow and get deals and transactions done lawfully in a manner that is consistent with our regulators' expectations. The end result is good for our customers, good for counterparties with whom we deal, and good for the company."

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Crops produce more in 2010 than 2009

Feb 16, 2011 05:28 PM

Values for crops in the U.S. advanced 22 percent in 2010 amidst the global recovery from the deepest recession in more than 70 years, Bloomberg reports.

All crops totaled $192.5 billion in 2010, a $34.1 billion increase from the year prior, according to a Wednesday report from the U.S. Agriculture Department.

The value of corn, soybeans and other field crops increased to $159.7 billion, an increase of $33 billion over the prior year's figures. Nuts and fruits increased to $20.2 billion, up from $18.7 billion. Harvests of commercial vegetables dropped $400 million to $12.6 billion.

The U.S.' biggest crop remains corn and it struck record prices of $66.7 billion. The increase from the prior year's total of $46.7 billion is 43 percent. Soybeans remained the U.S.' second-biggest crop at $38.9 billion after having been valued at $32.1 billion in 2009.

The value of wheat registered at $12 billion, a 22 percent increase from $10.7 billion. Cotton increased 93 percent to $9.7 billion in 2010.

California, Iowa and Illinois registered as the top three agricultural states.

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