Agriculture Secretary Tom Vilsack has received a letter signed by 75 Members of Congress urging the U.S. Department of Agriculture (USDA) to allow limited planting of Roundup Ready® alfalfa. The bipartisan group supports action by USDA that would allow farmers to plant seed that's being held in inventory while the Department completes an Environmental Impact Statement (EIS) related to the product.

The letter was supported by a coalition of agriculture groups that have encouraged timely completion of the EIS process on this biotech alfalfa variety. The groups include the National Council of Farmer Cooperatives (NCFC), National Milk Producers Federation (NMPF), and American Farm Bureau Federation (AFBF). Land O'Lakes also supported the letter. The cooperative's subsidiary Forage Genetics International developed Roundup Ready® alfalfa in conjunction with Monsanto.

The letter comes on the heels of a recent Supreme Court ruling that found a lower court was in error when it placed a nationwide ban on the planting of genetically engineered alfalfa seeds. A draft EIS, developed by the USDA, found "no significant impact on the human environment due to granting non-regulated status to Roundup Ready® alfalfa."

"The members of Congress sending this letter should be commended for their dedication to ensuring that America's farmers and ranchers have access to all appropriate technologies needed to operate efficient and economically viable businesses," said NCFC President Chuck Conner.  

Led by Congresswoman Lynn Jenkins (R, KS-02), Congressmen Wally Herger (R, CA-02) and Joe Courtney (D, CT-02), the letter was signed by many key House leaders. Co-signers include much of the House Agriculture Committee leadership, including Chairman Collin Peterson (D, MN-07) and Ranking Member Frank Lucas (R, OK-03), most subcommittee chairs and ranking members, and several others – for a total of 27 committee members.

"The extensive list of signatories clearly demonstrates how important this product – and other goods produced through modern biotechnology – are to American farmers," said Russell Williams, director of Regulatory Relations at AFBF. "Those who signed the letter should be praised for their support. AFBF now hopes the USDA will move expeditiously to allow farmers to use RRA under interim deregulation," he added.

Roundup Ready® alfalfa increases efficiency and lowers operating costs by reducing the need for chemical applications and improving yields. These efficiencies result in an annual revenue increase for growers of approximately $100 per acre. After seven missed planting seasons, total lost farmer revenue is an estimated at $250 million. The impact of these losses is far reaching.

Dana Brooks, NMPF vice president of Government Relations, said, "As dairy producers experience tighter margins (due to higher input costs and lower milk prices), it is important that safe, beneficial technology is available to improve their efficiency. Such is the case with Roundup Ready® alfalfa, which has the potential to lower feed costs, by shrinking input costs, while increasing production yields. We appreciate the leadership of Representatives Jenkins, Herger and Courtney, and the commitment to agriculture shown by all of the leaders who signed this letter."  

The letter comes at a pivotal time, as the fall 2010 planting season approaches. NCFC President Chuck Conner said, "By taking the requested action now, USDA can provide producers with certainty as they plan for the fall planting season and beyond."

Mark McCaslin, President of Forage Genetics International, emphasized that in agriculture "there is room for many different types of products," and that with proper production practices Roundup Ready® alfalfa can successfully co-exist with traditional and organic alfalfa, while providing:

  • Greater productivity / improved yields;
  • Enhanced quality (feed value);
  • Production efficiencies (such as longer stand life); and
  • Environmental benefits.

Land O'Lakes President and CEO Chris Policinski added: "We appreciate the support of the members of Congress who signed this letter because it shows their commitment to help American farmers increase food production and provide a growing population with wholesome, affordable food – both here in the U.S. and around the world."

Land O'Lakes, Inc. (www.landolakesinc.com) is a national, farmer-owned food and agricultural cooperative with annual sales of $10 billion. Land O'Lakes, the nation's second-largest cooperative, does business in all 50 states and more than 50 countries. It is a leading marketer of a full line of dairy-based consumer, foodservice and food ingredient products across the United States; serves its international customers with a variety of food and animal feed ingredients; and provides farmers and ranchers with an extensive line of agricultural supplies (feed, seed, and crop protection products) and services. Land O'Lakes also provides agricultural assistance and technical training in more than 25 developing nations.

SOURCE Land O'Lakes, Inc.

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In the heat of the grilling season, Honeysuckle White® and Shady Brook Farms® turkey brands are hosting an online blogging competition which will create excitement around grilling turkey.  Ten top BBQ bloggers from around the country have been invited to participate in this competition by sharing a video demonstration of a turkey barbecue recipe that best showcases the taste and flavor of their region.  

The mouthwatering competition videos can be viewed at www.honeysucklewhite.com and www.shadybrookfarms.com, and the top turkey recipe will be chosen based on votes cast by all those who visit the site. The winner of the competition will receive free turkey for a year and a one-on-one, all expense paid BBQ training session with griller-extraordinaire Konrad Haskins of the BBQ Institute.

"The ten competing bloggers have really put an exciting new twist on grilling turkey.  The recipes showcase a variety of regional flavors and can be a great addition to any summer grilling menu," said contest host and judge, Konrad Haskin of the BBQ Institute.  "All of the recipes include commonly found ingredients or spices that are available in grocery stores or farmers markets, and take no longer than one hour to make on the grill – perfect for the everyday chef."

Participating bloggers include:

  1. Bill West, BBQ Tricks (BarbecueTricks.com)
  2. Brian Pearcy, BBQ Guy (BBQGuyBlog.blogspot.com)
  3. Chris Grove, Nibble Me This (NibbleMeThis.com)
  4. Curt McAdams, Livefire Online (LivefireOnline.com)
  5. Daniel Vaughn, Full Custom Gospel BBQ (FCG-BBQ.blogspot.com)
  6. Drew Thornley, Man Up Texas BBQ (ManUpTexasBBQ.blogspot.com)
  7. Jay Ducote, Bite and Booze (BiteAndBooze.com)
  8. John Dawson, Patio Daddio (PatioDaddioBBQ.com)
  9. Jon Harrison and Geoff Ditto, El Smokeador y Smokehopper (ElSmokeadorySmokehopper.blogspot.com)
  10. Mike Vrobel, Dad Cooks Dinner (DadCooksDinner.com)

To see how the BBQ bloggers are "taking on turkey" and to vote for your favorite, visit www.honeysucklewhite.com and www.shadybrookfarms.com.

About Cargill

Cargill is an international producer and marketer of food, agricultural, financial and industrial products and services.  Founded in 1865, the privately held company employs 138,000 people in 68 countries.  Cargill helps customers succeed through collaboration and innovation, and is committed to applying its global knowledge and experience to help meet economic, environmental and social challenges wherever it does business.  For more information, visit www.cargill.com.

SOURCE Cargill

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Ralcorp Holdings, Inc. (NYSE: RAH) ("Ralcorp") and American Italian Pasta Company (Nasdaq: AIPC) ("AIPC") today announced the successful completion of Ralcorp's tender offer by its indirect wholly-owned subsidiary Excelsior Acquisition Co., for all of the outstanding shares of Class A common stock of AIPC for $53.00 per share in cash, without interest and less any required withholding tax.  The tender offer expired, as scheduled, at 12:00 midnight, New York City time, on Thursday July 22, 2010 and was not extended.

The depositary for the tender offer has advised that 18,599,898 shares of AIPC Class A common stock, representing approximately 85.2% of AIPC's outstanding shares of Class A common stock as of the close of business on July 22, 2010 (excluding 1,316,889 shares of Class A common stock tendered by notices of guaranteed delivery), were validly tendered and not validly withdrawn in the tender offer.  Ralcorp accepted for payment all AIPC shares of Class A common stock that were validly tendered in the tender offer.

Pursuant to the terms of the previously announced merger agreement, Excelsior Acquisition Co. will exercise its option to purchase newly issued shares of Class A common stock from AIPC at the tender offer price, which will permit Ralcorp to complete the acquisition process by effecting a short-form merger as promptly as practicable, that is, without a vote or meeting of AIPC's remaining stockholders.  Following the merger, each share of Class A common stock of AIPC not accepted for payment in the tender offer, will be converted into the right to receive $53.00 in cash, without interest and less any required withholding taxes, the same price that was paid in the tender offer, with AIPC becoming a wholly-owned subsidiary of Ralcorp. Thereafter, AIPC Class A common stock will cease to be traded on the NASDAQ.

About Ralcorp Holdings

Ralcorp produces Post-branded cereals, a variety of value brand and store brand foods sold under the individual labels of various grocery, mass merchandise and drugstore retailers, and frozen bakery products sold to in-store bakeries, restaurants and other foodservice customers.  Ralcorp's diversified product mix includes:  ready-to-eat and hot cereals; nutritional and cereal bars; snack mixes, corn-based chips and extruded corn snack products; crackers and cookies; snack nuts; chocolate candy; salad dressings; mayonnaise; peanut butter; jams and jellies; syrups; sauces; frozen griddle products including pancakes, waffles, and French toast; frozen biscuits and other frozen pre-baked products such as breads and muffins; and frozen dough for cookies, Danishes, bagels and doughnuts.  For more information about Ralcorp, visit the company's website at www.Ralcorp.com.

About American Italian Pasta Company

Founded in 1988 and based in Kansas City, Missouri, American Italian Pasta Company is the largest producer of dry pasta in North America. AIPC has four plants that are located in Columbia, South Carolina; Excelsior Springs, Missouri; Tolleson, Arizona and Verolanuova, Italy. AIPC has approximately 675 employees located in the United States and Italy. For more information about AIPC, visit the company's website at www.aipc.com.

Contacts:


For Ralcorp Holdings, Inc.:

For American Italian Pasta Company:



Scott D. Monette

Paul Geist

Corporate Vice President, Treasurer and

Executive Vice President and Chief Financial Officer

Corporate Development Officer

(816) 584-5611

(314) 877-7113




Matt Pudlowski

Matthew Sherman/Andrew Siegel

Director, Business Development

Joele Frank, Wilkinson Brimmer Katcher

(314) 877-7091

(212) 355-4449



SOURCE Ralcorp Holdings, Inc.

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Ingles Markets, Incorporated (Nasdaq: IMKTA) will provide an online, real-time webcast and rebroadcast of its third quarter earnings conference call on July 30, 2010.  Ingles plans to release earnings for its third quarter ended June 26, 2010, on July 30, 2010.

The live broadcast of Ingles Markets' quarterly conference call will be available on-line at: www.ingles-markets.com on July 30, 2010, beginning at 9:00 a.m. (Eastern Time).  The online replay will follow immediately and continue for 90 days.  To hear the Company's conference call live, dial 913-312-1482.  A replay will be available from 12:00 p.m. (Eastern Time) on July 30 until 11:00 p.m. (Eastern Time) on August 1.  To listen to the playback, call 7194570820, reservation number 1134539.

Ingles Markets, Incorporated is a leading supermarket chain with operations in six southeastern states.  Headquartered in Asheville, North Carolina, the Company operates 202 supermarkets.  In conjunction with its supermarket operations, the Company also operates 70 neighborhood shopping centers, all but 12 of which contain an Ingles supermarket.  The Company's Class A Common Stock is traded on The NASDAQ Stock Market's Global Select Market under the symbol IMKTA.  For more information, visit Ingles' website at www.ingles-markets.com.

SOURCE Ingles Markets, Incorporated

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http://www.ingles-markets.com

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