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CropLife 100 and Consolidation: 12 Biggest Ag Retail Deals in the Last 5 Years

(Crop Life) - No other factor impacts our CropLife 100 list of the largest U.S. ag retailers quite like consolidation. Whether it's mega mergers such as three cooperatives joining forces to create one top seven agronomy business, or a major acquisition like the perennial number one retailer purchasing the 42nd biggest retailer in the country, consolidation is a constant force that influences the rankings each year.

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U.S. lawmaker introduces bill to eliminate carbon credits for oil recovery

(Reuters) - California lawmaker Ro Khanna introduced a bill into the U.S. House of Representatives on Monday that would prevent investors from securing carbon capture and sequestration tax credits if the carbon is used to boost oil production.

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Rural Bankers: 83% of Farmers in Solid Cash Position

(AG Web) - For 13 straight months, the rural economy has posted healthy and consistent growth. That's according to the December Rural Mainstreet Index (RMI) from Creighton University.

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Reviving Superfund is Popular, but the Cost to Industry is Considerable

(OilMan Magazine) - That '80s Show known as Superfund is back – and it's anything but super for the oil and gas industry. Formally known as the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), the law enacted in December 1980 established an excise tax on a number of the chemicals used in the petroleum and chemical industries. The money collected went into a trust fund – the Superfund – to offset the cost of remediating abandoned or uncontrolled hazardous waste sites.

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Bayer Lets Farmers Measure Carbon Footprint

(Future Farming) - Bayer, Bushel and Amazon Web Services (AWS) unveiled Project Carbonview. It is to enable farmers to report, analyze and better assess their end-to-end supply chain carbon footprint.

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Ocean Shipping Reform Bill Sails to Passage

(Farm Progress) - A massive influx of federal dollars and COVID-19 changing how consumers purchase goods continues to create bottlenecks at the nation's ports that have trickled down to other segments of the supply chain. With foreign shippers refusing to haul U.S. cargo, new legislation hopes to make the Federal Maritime Commission a more effective federal regulator and hold shippers accountable for their actions.

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Coromandel to set up sulfuric acid plant at Visakhapatnam

World Fertilizer) - Coromandel International has announced the project initiation for setting up a new 1650 tpd design capacity sulfuric acid plant at its fertilizer complex in Visakhapatnam, India. The company has also signed technology partnership agreements with MECS (Monsanto Enviro-Chem Systems) and TKIS (ThyssenKrupp Industrial Solutions).

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LG&E fined for releasing sulfuric acid mist from Mill Creek power plant

(WFPL) - Louisville Gas & Electric has agreed to pay a $750,000 dollar penalty for emitting high levels of sulfuric acid mist into communities surrounding the Mill Creek coal-fired power plant in Louisville.

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From the Farm: Adding Sulfur to Soybeans

(WCIA) – As farmers look to get better yields in soybeans, soybean promotion agencies want them to raise soybeans with higher protein content for better livestock performance. But there is a problem with that: with higher yields, protein levels go in the different direction.

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Carbon credits could offer additional cash flow to farming operations

(AG Week) - ARGO, North Dakota -- When farmers and producers think of ways to garner extra cash flow from their operation, many times adding another form of livestock or perhaps another row-crop to their acres is the first thing that comes to mind. However, there is another way agriculturalists can capitalize funds from their operation: by selling carbon credits.

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UK business energy supplier CNG Energy ceases to trade

(Reuters) - British business energy supplier CNG Energy Ltd is ceasing to trade, it said on Wednesday, joining 17 energy suppliers in the country that have gone bust due to high wholesale energy prices since September.

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Several countries pledge to phase out heavily polluting coal -- but U.S and China aren't among them

(CBC) - U.S., China, India and Japan still haven't set a date for ending their dependence on coal. In the fight to curb climate change, several major coal-using nations announced steps Thursday to wean themselves -- at times slowly -- off of the heavily polluting fossil fuel.

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'I'm afraid we're going to have a food crisis': The energy crunch has made fertilizer too expensive to produce, says Yara CEO

(Yahoo) - The world is facing the prospect of a dramatic shortfall in food production as rising energy prices cascade through global agriculture, the CEO of Norwegian fertilizer giant Yara International says.

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MOL and Vale International conduct study on wind-powered bulk carrier

(Dry Bulk) - Mitsui O.S.K. Lines Ltd have announced an agreement with Vale International SA to conduct a joint study on the installation of a wind propulsion system called Rotor Sail on a 200 000-t class in-service bulk carrier, which mainly transports iron ore for steel production.

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Nuberg EPC wins two sulfuric acid plant projects in Egypt and Ethiopia

(World Fertilizer) - Nuberg EPC has been awarded two sulfuric acid plant projects in Gamasa City, Egypt, and Oromia, Ethiopia. The 500 million tpd and 5 MW Rating STG Set in Egypt and 50 tpd sulfuric acid and 40 tpd aluminium sulfate revamp project in Ethiopia have been won on EPC and LSTK basis. The Egypt project is scheduled to be delivered in 22 months and the Ethiopia project in 15 months from the contract LC opening date.

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Factbox: Big Ag woos farmers for carbon programs

(Reuters) - The world's farmers have found a potential new revenue stream under their feet, as the biggest agriculture companies launch programs to sequester carbon and generate valuable credits, a financial instrument to offset pollution.

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Study says tech firms underreport their carbon footprint

(AP) -- Large technology companies such as SAP, IBM and Google are underreporting their greenhouse gas emissions at a time of heightened scrutiny over the role of corporations in driving climate change, a study released Friday claimed.

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REUTERS EVENTS Umunna says JPMorgan to keep funding fossil fuel companies

(Reuters) - JPMorgan (JPM.N) plans to keep lending to the fossil fuel industry to help it transition to a low-carbon economy, despite campaigner calls for banks to phase out financing to the sector, an executive said on Thursday.

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South Korea's sulphuric acid exports fall in September

(Argus Media) - South Korea's sulphuric acid exports slid by 13pc in September compared with a year earlier, driven by falling deliveries to China and Chile.

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China's state planner says taking steps to ensure fertilizer supplies

(Reuters) - China’s state planner said on Wednesday it will take steps to safeguard fertilizer supplies by improving capacity utilization and rail transport, keeping tabs on import and export trends and strengthening the role of reserves.

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Member News

Exxon aims to become a top lithium producer for electric vehicles with Arkansas drill operation

(MSN) - Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday.

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Exxon to buy Pioneer In $60 billion deal

(The Wall Street Journal) - Exxon Mobil struck a nearly $60 billion agreement Wednesday to buy Pioneer Natural Resources in the largest oil-and-gas deal in two decades, tying the energy giant's future to fossil fuels.

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Tessenderlo Kerley, Inc. celebrates groundbreaking in Ohio for fertilizer facility

Tessenderlo Kerley, Inc. held a celebratory groundbreaking to mark the commencement of construction on a new liquid fertilizer facility in Defiance, Ohio. The new 50,000-square-foot production facility will occupy 50 acres and is set to become operational in 2024. The facility will service the Eastern Great Lakes Region through its distribution partners and will include terminal loadouts for rail cars and tanker trucks.

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Ford to buy lithium from ioneer for U.S. EV battery plant

(Reuters) - Ford Motor Co (F.N) said on Thursday it will buy lithium from ioneer Ltd's (INR.AX) Rhyolite Ridge mining project in Nevada and use the metal to build electric vehicle batteries in the United States.

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Koch Ag Completes Acquisition, Forms Joint Venture With Moroccan Phosphate Subsidiary

(The Daily Scoop) - "The closing of this acquisition marks Koch's first substantial investment on the African continent," said Brad Razook, Executive VP of Koch Industries and CEO, Resources. "We are excited to add another nutrient to the KAES portfolio in collaboration with a world-class partner."

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Shell Pushes Big Plans To Drill More in Gulf

(The Wall Street Journal) - Political uncertainty is clouding prospects for new drilling in the Gulf of Mexico, but Shell PLC—the Gulf’s biggest producer—is still investing billions of dollars in its waters to pump oil for years to come.

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Rhyolite Ridge: Investing in the future

(Elko Daily) - Alot has been happening with the Rhyolite Ridge lithium/boron project in recent months.
“On March 31, U.S. President Joe Biden announced plans to invoke the Defense Production Act to provide hundreds of millions in new subsidies for the mining of minerals critical for the wind, solar and electric vehicles industries.

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Penflex Becomes The Sulphur Institute's Newest Member

(MSN) - Penflex Corporation recently became the newest member of The Sulphur Institute (TSI), an international, non-profit organization dedicated to advocating for the safe use of sulfur.

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Koch to acquire 50% stake in JFC III from OCP

(Agri Business Global) - Koch Ag & Energy Solutions (Koch) and OCP have signed an agreement under which a Koch affiliate will acquire a 50% interest in Jorf Fertilizers Company III (JFC III) from OCP, the world's largest phosphate mining and leading global fertilizer group. When closed, the transaction will establish a 50/50 joint venture.

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Exxon posts biggest profit in seven years on high oil prices

(Reuters) - Exxon Mobil Corp (XOM.N) on Tuesday reported a fourth-quarter profit of $8.87 billion, its largest in seven years, as the top U.S. oil producer benefited from strong energy prices.

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