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Commodity Price Slump Is Ending, USDA Says, When U.S. farmers bring their crops to market this year, they will see “the beginning of gradual price increases that are expected to continue through the decade,” ending the slump that began in 2013, said USDA projections. Prices for most crops will remain below their 10-year average, however, […]
Crop Infestation: The twin scourges of another prolonged dry spell and an invasive crop-eating worm are set to sharply curtail harvests across southern Africa, driving millions of people – most of them children – into severe hunger, warns the United Nations World Food Programme (WFP).
The new U.S. tax law is poised to drive more control over the nation’s grain supply to farmer-owned cooperatives, provoking concern among ethanol producers and privately run grain handlers that they could be squeezed out of the competition to buy crops. The new U.S. tax law, Until now, the cooperatives, private companies, and publicly traded firms […]
3 Big Things Today, January 8, Soybean and grain futures were lower in overnight trading on speculation that the U.S. Department of Agriculture will lower its outlook for exports in an upcoming report this week. Analysts suspect the government will reduce its forecast for 2017-2018 sales in Friday’s 1. SOYBEANS, GRAINS LOWER OVERNIGHT ON SIGNS […]
President Trump will express support during a speech to the largest U.S. farm group today for a dramatic expansion of high-speed internet service in rural America. The strategy will be a springboard for economic growth for a segment of the population dogged by lower wages and higher poverty rates than the rest of the nation, […]
Americans are set to eat more meat in 2018 than ever before. According to data published by the US Department of Agriculture (USDA), consumers are expected to eat 222.2 pounds (100.8 kilo) of red meat and poultry this year, up from 216.9 pounds per person in 2017. That will surpass the previous record of 221.9 […]
China’s largest pig farming companies and new entrants are racing to build vast, modern hog farms in the north-eastern cornbelt, expanding the world’s biggest pork market and upending traditional trade flows in meat and grain. China Pig Farmers At least eight listed companies have announced or confirmed plans to produce around 17 million pigs annually in […]
The outcome of the eleventh ministerial conference (MC11) of the World Trade Organization (WTO) was a positive one for India as the country was able to secure the interests of its farmers as well food security for the poor, an official said on Wednesday after the talks concluded with no substantial legally binding declaration. India […]
India managed to protect its farmers’ interests and ensure food security for its poor even as the ministerial meeting of the World Trade Organization (WTO) is unlikely to yield much progress. A series of work programmes on issues such as agriculture, domestic support, fisheries subsidies, e-commerce and services are expected, increasing the chances of some […]
Grain markets were generally quiet for the week, with both wheat and corn chopping sideways in a narrow range. World cash wheat prices were little changed as well; Russian offers appear to be stabilizing as they head into the winter months. Export demand has picked up with Egypt, Saudi Arabia, Algeria, Iraq, Jordan and Ethiopia […]
The crop, discovered in Latin America in the 1400s before eventually sweeping through Europe, greatly boosted productivity, helping lower land costs while improving nutrition and raising wages, from peasants up to the ruling classes, according to the study for the National Bureau of Economic Research. The blessings that flowed from this agricultural revolution helped ease […]
A Corn Crop Is Not Profitable Brazilian producers have already planted 92% of the estimated area for soybeans in the 2017/2018 harvest, according to AgRural survey. The number surpasses 90% of last year and 87% of the average of five years. Input sales are a good thermometer to evaluate crop performance. When the outlook is […]
Most years attendees at the annual Farm-City Week luncheon at the South Florida Fairgrounds leave with a box full of locally-grown produce such as sweet corn, green beans, peppers and radishes. At the annual event held Wednesday that didn’t happen. That’s because Hurricane Irma’s arrival Sept. 10 left Palm Beach County’s farms flooded and soggy, […]
Chicago Board of Trade (CBOT) grains closed mixed on Thursday with corn futures falling to new contract lows as lower-than-expected weekly export sales and abundant supplies weighed on the market. The most active corn contract for December delivery went down 1.75 cents, or 0.52 percent, to 3.365 dollars per bushel. December wheat delivery rose 1.5 […]
Pakistan and Belarus have signed a memorandum of understanding to step up cooperation in agriculture, with a mutual interest in establishing joint milk processing enterprises in the country. Under the MoU signed here on Thursday, the two countries will facilitate direct contacts between their private sectors for joint ventures in milk processing and whole milk […]