Small Hog Farmers Blamed For Destabilizing China Market

Small hog farmers have helped destabilize pork prices and played havoc with feed demand forecasts, according to the chairman of China’s top corn buyer New Hope Group. “Individual farmers, small in scale, have no plans in their breeding scale. Whenever the prices are good, they increase breeding and when prices are lower, they reduce pig


Syngenta Concerned About Eu Gm Proposals

An EU move away from a single-market approach on genetically modified (GM) technology could possibly create new trade bans, the principal scientific adviser at seed company Syngenta said June 9. “It’s clear that within Europe there are some countries that will never accept GM technology. The issue is going to be, if you go away

Land-Grab Warning

Canadian farmland is not immune to the global land grab that’s underway as corporations and countries position themselves for the prospect of future food shortages, the National Farmers Union says. “We may be on the verge of a new system wherein those who work the land do not own it – a situation that would


Abnormal Times For Agriculture

For a number of reasons, it’s an unusual spring for agriculture. Typically, there’s a spring moisture shortage somewhere in Saskatchewan. It was certainly shaping up that way in western areas after a winter with below-normal precipitation. But the rain and snow started falling in early April and hasn’t stopped. Drought has been averted in the

DDGS Contract Futures Launched

The CME Group launched its distillers dried grain with solubles (DDGs) futures contract April 25. The contract will trade only on the electronic Globex platform. It aims to provide corn-based ethanol makers hedge protection by creating a true “corn crush” in combination with corn, ethanol and natural gas futures. A third of corn used in


Seed Treatments Seen Boosting Vigour In Cold Soils

Seed treatments help protect young crops from insects and diseases, but according to Syngenta, its Cruiser Maxx Cereals has an added benefit: increased plant vigour under cold soil conditions. Research shows early seeding usually results in higher yields. That and the fact more farmers are seeding earlier because they have more acres to cover means

Russian Grain Producers Form Industry Lobby

Russian grain growers have formed a new lobby which aims to defend the interests of growers rather than traders, the head of the new lobby, the National Grain Producers Union (NGPU) said March 23. “The grain glut problem is very acute,” the head of the NGPU Pavel Skurikhin, who is also the chairman of major


Smithfield Returns To Profit, Tops Street View

U. S. hog and pork producer Smithfield Foods Inc. posted its first quarterly profit since 2008 and said its hog unit, a longtime drag on results, should improve in the coming fiscal year. The company also said pork sales to China and Russia should resume soon, and restructuring its pork segment should boost earnings in

Cattle Set 16-Month High On Strong Technicals

Cattle futures at the Chicago Mercantile Exchange set a new 16-month high March 9 in the active April contract on a mix of technical and fundamental factors. Cash beef prices are the highest in nearly 10 months due to less production and improving demand. Investors also are buying cattle futures amid concerns rain and melting