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Purdue Students to be Honored Monday for New Corn, Soy Innovations
Thirty-three Purdue University students in 12 teams participated in the Indiana Soybean Alliance’s (ISA) 2009 Student Soybean Product Innovation Competition — the largest field of competitors in the soybean checkoff-funded contest in its 15 years of existence. Nine of those teams also participated in the Indiana Corn Product Innovation Competition — sponsored by Indiana Corn Marketing Council (ICMC) — which is in its first year. Products judged in this year’s competition include biodegradable garden containers, car wax, cork-like substance, de-icing solution, dissolvable cupcake liner, hydroplaning system, paintball, toilet tissue, biodegradable cigarette filter, soy plastic cup and biodegradable shotgun cartridge casing.
Indiana Crop Values Decrease 12%
The total value of Indiana crops in 2008 decreased 12 percent from a year earlier to $6.16 billion, reports the state field office of USDA’s National Ag Statistics Service. The total value of corn decreased 24 percent. Corn production decreased 11 percent during 2008, with the average price decreasing from $4.39 in 2007 to $3.75 per bushel in 2008. Soybean production increased 11 percent while the average price per bushel of soybeans decreased from $10.20 to $9.30 per bushel. The total value of production increased 1 percent.
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