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Tag Archives Energy crops

Cereals, Crops, International news

Seed shortage hits Afghan wheat farmers

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“…we’re promoting the use of certified seed, which means we’re only promoting about 12,000 tonnes, which is all there is available in the country.” – LOREN STODDARD, USAID Thousands of tonnes of wheat seed are being distributed across Afghanistan, but this will meet only a quarter of demand so Afghans will rely heavily on imports
International news

Zambia wants to import farmers

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Zambia will award farmland to foreign investors in 2009 to improve agricultural production and curb food shortages, the country’s finance minister says. Situmbeko Musokotwane said the mineral-rich country would grant foreign and local investors land in farm blocs for them to grow more white maize for export to countries in southern Africa. Speaking at a
Cereals, Crops, Grain Markets, Oilseeds

New market lows, as crops are huge

DON BOUSQUET It’s Your Business For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed future s at ICE Futures Canada in Winnipeg closed the week ended Dec. 5 lower, with fresh contract lows appearing in both barley and canola. Canola was pressured down by weakness
News, Oilseeds

Cuba reported ready to authorize GM corn crop

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Cuba could soon authorize the planting of 124 acres of genetically-modified corn for the first time to help reduce its dependence on costly food imports, Cuban scientists said Dec. 2. Regulators are expected to approve this initial crop of biotech corn, which would provide enough seed to expand to 14,830 acres next year, said Carlos
Cereals, News, Oilseeds

USDA economist sees more corn, less wheat

U. S. farmers will plant close to 90 million acres of corn in 2009 and cut back a bit on wheat, the Agriculture Department’s chief economist said Dec. 2. Chief economist Joe Glauber said at a conference sponsored by Farm Journal magazine that grain and soybean prices would remain volatile because of tight supplies. Food
Cereals, Hogs, Oilseeds, Other

Byproducts can help reduce pig feed cost

BERNIE PEET Peet on Pigs “Overall, replacing wheat with triticale did not affect feed disappearance or weight gain.” – DR. EDUARDO BELTRANENA Bernie Peet is president of Pork Chain Consulting Ltd. of Lacombe, Alta., and editor of Western Hog Journal. His columns will run every second week in the Manitoba Co-operator. Prairie hog producers will
Livestock Markets

Cattle, corn and the credit crunch

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NDSU EXTENSION SERVICE Since midsummer, new-crop December corn futures prices have declined more than US$4 per bushel from the $7.88-per-bushel high. During the same time, November feeder cattle futures prices declined more than US$20 per hundredweight (cwt) from highs of more than $119. My previous columns have emphasized the usual opposite relationship between feeder cattle
News, Oilseeds

Input costs nix next year’s profits

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After reaping bumper profits for corn and sobyean crops during the past two years, some U. S. farmers face potential losses for their 2009 crop even before they have finalized their planting strategy. Prices for corn and soybeans have tumbled so much that growers who already locked in input costs for next year’s crop when
Cereals, Oilseeds, Opinion

Grains lose allure to fund investors

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The global economic turmoil that has cost banks billions of dollars in losses and slammed hedge funds has dimmed the appeal of grains as an asset class, with fundamentals for corn and wheat pointing to lower prices. Lately, supply and demand factors have been playing a greater role in determining grain prices than they did
Cereals, News, Oilseeds

USDA chief predicts lower inputs by spring

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U. S. farmers have not seen their input costs decline significantly despite the recent drop in energy prices, Agriculture Secretary Ed Schafer said Nov. 18, but he remained confident conditions would improve before growers plant their 2009 crops. Prices for corn, soybeans, wheat and other crops have dropped after setting record highs earlier this year.

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