USDA hears earful about corn estimates at annual meeting

Reuters / Top U.S. agriculture officials Monday were to face questions about quarterly estimates for corn inventories that have frustrated traders and roiled markets for the past two years. Traders said they would raise their concerns about supply estimates at the U.S. Department of Agriculture’s annual meeting in Chicago for users of agricultural data. The

Corn seed might be tight next spring

Rising corn acres and severe drought in the Midwestern United States may crimp supplies of popular corn seed varieties for the coming year. “It’s really short,” said Ron Rabe, a Dekalb agronomist, who gave a brief talk on corn production in Manitoba at a recent WADO field tour. Derek Erb, who farms near Oak Bluff


Ag secretary says U.S. isn’t “going to run out of corn”

washington / reuters U.S. Agriculture Secretary Tom Vilsack says tight corn stocks aren’t a cause for concern. “We really have to wait until the kernels are counted and the (soy) beans are counted to know the impact of the drought,” said Vilsack. “I don’t think the United States of America is going to run out

Thankful for the simple things

Some of the most simple things in life are what bring joy and warmth. I had been reminiscing and telling my granddaughter about the good old days and how my mother would grow her own corn for popcorn, dry the cobs and then with a wringing motion, remove the kernels that would fall into a


Land battles inflame Kenya

nairobi / reuters / A government minister has pleaded innocent to charges of inciting violence in which over 100 people have been shot, hacked and burnt to death in strife over land and water in Kenya’s coastal region. The scale and sudden intensity of the unrest over the past month has led many Kenyans to

Popcorn soon to cost more than the movie

For more than half a century, the Shew family has harvested mountains of popcorn kernels to be buttered, salted and munched by movie fans. But as a crippling Midwestern drought sends commodity soybean and grain prices soaring, the family’s farmland in west-central Indiana is suffering. Plants are listing, stalks are spindly and corn ears small.


U.S. corn farmers nervous over dry forecast

Some farmers in the eastern U.S. Corn Belt have been buying back contracts of corn sold to their local elevators for post-harvest delivery as a deepening drought raised concern that there may be no grain to deliver. Volumes of buybacks have been minimal thus far, but grain merchants expect there will be more as weather

IGC sees record maize crop in 2012-13

Global maize production is projected to rise to a record 900 million tonnes in 2012-13, outstripping demand for the first time since the 2008-09 season, the International Grains Council said April 2. The IGC, in a monthly report, also cut its forecast for the global maize stocks at the end of the 2011-12 season following


IGC sees global maize deficit

Reuters / World maize production should climb in 2012-13 but is likely to remain below consumption as demand for meat boosts feed use, International Grains Council senior economist Amy Reynolds said March 14. Reynolds, in a presentation at the Agra Europe outlook conference, put the 2012-13 global maize crop at 880 million tonnes, up from

China set to buy more U.S. corn this year

(Reuters) Strong domestic prices and low reserves are likely to force China to import more U.S. corn this year, squeezing tight world supplies, analysts and industry officials said March 14. China’s corn imports are expected to more than double in the current 2011-12 crop year to four million tonnes from 1.5 million a year earlier,