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DuPont, Leader in Agriculture Celebrates 210 Anniversary

Snapshot of History, DuPont’s Legacy

By , Farms.com

DuPont is a house hold name in agriculture and this year they are celebrating their 210 year anniversary. The American based chemical company was founded in 1802 in Delaware. They started off as a manufacture for gunpowder becoming the leading supplier of gunpowder for the US military. In the 1920s DuPont was pivotal in developing the first synthetic rubber, polyester and nylon.

Today, Dupont is a global science-based company operating in 90 different countries and employing over 80,000 people worldwide and continues to deliver a wide variety of products and services including agriculture, nutrition, electronics, communications, safety and protection, home and construction.

2012 Distinguished recognitions

•    Best Place to Work The Scientist
•    50 Most Admired Companies Fortune Magazine
•    100 Most Innovative Companies Thomson Reuters

Along with DuPont’s many accomplishments they are also leading the way in combating global hunger and recently announced the launch of the Global Food Security Index which identify and measure factors that provide food security in countries around the world.

 


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Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.