Agribusiness Update for Wednesday 10/01/14

Analysts forecast that the world's population will grow to 9 billion people by 2050. With global needs today to fight hunger and prepare for the expected population explosion, the industry of agriculture needs educated, skilled and passionate people dedicated to sustainability. Today's students are answering that call, evidenced by an explosion in FFA membership throughout the United States, Puerto Rico and the Virgin Islands in the past year. Membership in FFA today stands at 610,240 students up from 579,678 in 2013. The number of new, local FFA chapters throughout the country grew to 7,665.

Friday's report by the USDA affirms that no genetically modified wheat is in commerce and that the commercial seed and grain supply does not contain genetically modified wheat. This finding is supported by extensive testing by USDA, state universities, Monsanto and others. The USDA report also concludes that the unexpected detection of genetically modified wheat in Oregon last May was an isolated event on one farm, one field.

That's today's Agribusiness Update from the Ag Information Network.