U.S. corn plantings seen at highest since 1936

Reuters / U.S. farmers may plant 97.43 million acres of corn this year, up 0.3 per cent from last year, which would be the largest corn area since 1936, according to a Farm Futures magazine survey. The survey of 1,750 U.S. growers also showed farmers intend to plant a record 79.09 million acres of soybeans, up




The rains caused economic pain in England

Wheat production will plummet while livestock producers are being hammered by the 
sky-high cost of 
imported feed

Reuters / Last year’s record rains will squeeze Britain’s farmers well into 2014 and force makers of bread and biofuels to buy more costly imports. Production of wheat is set to fall to its lowest level in more than a decade this summer, forcing purchases of bread-quality grain from Europe and North America. Livestock farmers


Winter wheat a money-making crop

High potential yields, good prices and relatively low production costs 
have a growing number of farmers interested in winter wheat

It will be a month or so yet before Manitoba farmers get a peek at the winter wheat crop that lies beneath this winter’s heavily insulated snow blanket. Manitoba farmers seeded an estimated 560,000 acres of winter wheat under less-than-ideal, dry conditions last fall, but at least it’s well insulated with lots of snow. “I

Winter Cereals Canada understands rationale for crop insurance changes

It turns out MASC has been paying out a lot more on winter wheat claims than it has been collecting in premiums

Growers weren’t happy about changes to the crop insurance program for winter wheat outlined at their recent annual meeting, but they had to acknowledge that some changes were justified. In 2014, Manitoba farmers will still be eligible for a reseeding benefit based on 25 per cent of their coverage if their winter wheat fails before


Argentina threatens barley export cap in bid to boost wheat crop

Grains behemoth Argentina is pushing farmers to produce more wheat by threatening to crack down on the fast-expanding barley sector, which growers are using as a hedge against export curbs, sources with direct knowledge of the situation told Reuters. With national inflation seen by private economists at 30 per cent this year and global food

Latest USDA supply-demand report delivers few surprises in key commodities

The U.S. Agriculture Department delivered few surprises in its monthly crop and world agricultural supply-demand reports, keeping U.S. corn and soybean supplies tight but raising global soybean and wheat stockpiles from a month ago. The Argentine soybean and corn crops were both lowered by drought, USDA said. Projected soybean output was trimmed by three per


CWB lowers old-crop PRO in cereals

CWB has lowered Pool Return Outlooks (PROs) for wheat in its Harvest and Winter pools, according to an updated report released on March 15. Durum and barley PROs in the Harvest and Winter pools were also lowered, while canola values in both pools were unchanged to higher. Wheat PROs in the Harvest and Winter pools

Wheat farmers in Western Australia face a financing crunch

Bankers want at least eight per cent for operating loans, and are asking for risk-mitigation insurance

Two weeks ago some 350 farmers, politicians and bankers attended a meeting at Kulin in the heart of Western Australia (WA) wheat country. It was organized by the local representatives of the West Australian Farmers Federation and called “Agriculture in Crisis — looking for a brighter future.” There were no surprises and no answers, just