U.S Corn Crop Estimated To Hit 17-year Low Because Of Drought
An ear of corn in Indiana shows drought damage. (Michael Conroy/Associated Press / August 1, 2012)The punishing Midwest drought is expected to reduce the nation's corn crop to its lowest level in almost two decades.On Friday, the U.S. Department of Agriculture cut its estimate for the
Crop Technology Helps Limit Corn Losses In Drought - SFGate
DES MOINES, Iowa (AP) — For months, Illinois farmer David Kellerman held out hope for rain, even as the worst drought in nearly 25 years spread across the country.He finally gave up when the temperature hit 108 three days in a row. Corn won't develop kernels if it gets too warm during
Anticipating The USDA Grain Stock Report | The Davian Letter:...
First off, there will be no fundamental analysis here. Secondly, I am flat going into tomorrows report. So, the only risk I have at this time is that my following analysis will be "wrong." So be it. I would rather wish I was in a trade than wish I was out.The best thing I can do going into this
Acreage Shifting, But Watch Out For Stocks And Weather
Corn acreage may climb to 95 million acres this spring. Then again, maybe not. "We're looking for 93.6 million acres," Bill Tierney, chief economist at AgResource Company, Chicago, told a CME Group conference March 27. Some surveys and analysts have projected corn planting at about 95
Cattle Producers Could See A Break In Feed Costs | Beef Today
After years of rising corn and feed prices, livestock producers might get a reprieve if the upcoming USDA report corroborates what many expect: more corn planted this spring.While fed cattle prices have been increasing, cattle feeders have been challenged with negative breakevens the last few years
Record-High Chinese Corn Prices Favor U.S. Exports
With corn prices at record highs in China, U.S. corn is priced right for export to that country. If China continues to buy U.S corn, U.S. corn exports to the world’s most populous country could be on target to hit a projected 5 million metric tons. While that number might seem large compared
From Texas To India To The Horn Of Africa, Concern About...
Hardly a week goes by without new reasons to be concerned about the impact of changing precipitation patterns and mounting water stress on food production.This past week, officials in Texas cut off irrigation water to rice farmers downstream of reservoirs depleted by the worst one-year drought in
$5 Corn The New Normal | AGWEB.com
Corn growers see good times now, but their markets may be headed to a new equilibrium as their production costs climb. The bad news is that dairy producers will have to live with this new normal.
Farmers Plan Biggest U.S. Crop Boost Since 1984, Led By Corn
A grain bin is driven through a field as corn is harvested in Sheffield, Illinois. Photographer: Daniel Acker/BloombergU.S. farmers will plant the most acres in a generation this year, led by the biggest corn crop since World War II, taking advantage of the highest agricultural prices in at least
Futures Rally For Second Straight Day
U.S grain and soybean futures ended higher Wednesday, rallying for the second straight day, with a weaker dollar and global crop concerns fueling advances.Soybean futures continued to recover from declines earlier in the week, with buyers energized by confirmation of fresh Chinese export demand and
Policy News, Agriculture News | Agriculture.com
Writing a farm bill during good times for agriculture could result in programs that won’t help farmers much if prices crash.That’s the risk that University of Tennessee economist Daryll Ray laid out for members of the National Farmers Organization Tuesday during the group’s annual meeting in
Hedge Funds Raise Bullish Bets By Most In 16 Months:...
Jan. 3 (Bloomberg) -- Speculators increased wagers on rising commodity prices by the most since August 2010 on signs that sustained economic growth will drive a rebound in raw materials from their first annual slump since the recession.Hedge funds and other money managers increased combined
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