Adamaging global dry spell is wilting wheat crops in Kansas, threatening exports from Russia and slowing sowing in Australia, serving a timely reminder to hedge funds that a new era of surplus grain is far from assured. In their biggest surge since 1996, Chicago wheat prices jumped by more than 17 per cent in mid-May
Dry spell spooks wheat market
Dow’s new biotech corn enters final stage of regulatory approval
Reuters / A new biotech corn developed by Dow AgroSciences could answer the prayers of U.S. farmers plagued by a fierce epidemic of super-weeds. Or it could trigger a flood of dangerous chemicals that may make weeds even more resistant and damage other important U.S. crops. Or, it could do both. “Enlist,” entering the final
U.S. organic growers appeal court ruling
A group of U.S. family farmers said March 28 it is appealing its lawsuit against Monsanto Co. to challenge the company’s patents on technologies for genetically modified seeds. The group of organic farmers and seed dealers says its industry is at risk from Monsanto’s growing market dominance. “Farmers are under threat. Our right to farm
Judge dismisses lawsuit against Monsanto
A federal judge has ruled in favour of global seed giant Monsanto Co., dismissing a lawsuit brought by a consortium of U.S. organic farmers and seed dealers who said their industry is at risk from Monsanto’s growing market strength. U.S. District Court Judge Naomi Buchwald, for the Southern District of New York, threw out the
Developing nations to lead in biotech crops
Farmers in developing nations will sow more biotech crops than those in the industrialized world for the first time this year. Globally, the area planted with biotech crops rose eight per cent last year to a record 160 million hectares, or 395 million acres, according to the International Service for the Acquisition of Agri-Biotech Applications.
DuPont to increase investment in food, nutrition
Chemical and bioscience giant DuPont will spend $10 billion and release thousands of new products over the next nine years aimed at improving food production and nutrition, company officials said Thursday. DuPont said it was setting three primary goals for "stimulating and guiding" internal efforts around its commitments to helping address global concerns about food
How about $6,700 per acre for corn land?
Corn country is getting more expensive — fast, according to the results of a new study released Dec. 14. With farmers and investors alike bidding up the cost of key acreage used for growing corn, soybeans and other crops, the average value for Iowa farmland has risen 32.5 per cent over the last year to
Investors wary as U.S. farmland prices hit record highs
U.S. farmland prices in the third quarter surged to the highest levels in more than three decades amid an accelerating agricultural boom that has so far defied fears of a bubble about to burst. Prices hit record highs in the U.S. Plains, where wheat and cattle dominate production, and jumped 25 per cent in the
Funding For Food Programs Facing Cuts
In China, dairy cows revolve on carousels in synchronized milking, while in Kenya, small farmers are planting a new high-yielding sweet potato. These projects, and scores more, are shaping a new century of agriculture. Whether it be cattle herders in sub-Saharan Africa or rice growers in rural Asia, farmers and ranchers need help to produce
Farmers Turn To The Web To Burnish Image
October is a busy month for Kansas farmer Darin Grimm. With 2,000 acres of corn and soybeans to harvest, the third-generation family farmer is running a combine nearly dawn to dusk. But he still makes time to tweet. Whether it s touting the benefits of a new fertilizer, sharing photos of a newborn calf, debating