You ain’t seen nothing yet — analyst predicts $9 corn is on its way

AgResource says stocks are perilously tight 
and if more weather woes hit, 
“we don’t know how high is high”

Reuters – U.S. corn prices could rise to a record $9 a bushel in the next six months as global grain markets continue to feel the effects of severe weather disruptions, says Chicago-based consultancy AgResource Co. The worst drought in half a century in the U.S., the world’s biggest corn grower and exporter, triggered a


Drought across the globe reducing grain stocks

Reuters / Food prices have eased slightly but this year’s droughts in key producer regions from the Black Sea to the U.S. Corn Belt are keeping cereal stocks at low levels, says a new report from the United Nations’ food agency. “This season’s world cereal supply-and-demand balance is proving much tighter than in 2011-12 with



U.S. group raps China over proposed rice import rules

Reuters / Chinese proposals to assure that any rice imported from the United States is safe and free of pests are “onerous and restrictive,” a U.S. rice trade group said Nov. 2, forecasting long negotiations before sales can go ahead. U.S. groups have pursued access to China, the world’s largest rice consumer, since 2006. Although

British wheat imports to soar as crop quality fails

Britain is on the hunt for high-quality bread wheat after 
domestic production and quality come up short

Reuters / Britain will be a net importer of wheat for the first time in a decade this year, turning customer to its traditional export rivals after a disease-ravaged harvest, much of which fails to meet the quality required for bread. Traders and analysts said diseases fuelled by the wettest June since records began more


Barley genome breakthrough may lead to better beer

London/Reuters – An international consortium of scientists has published a high resolution draft of the barley genome in a move that could not only improve yields and disease resistance, but may also hold the key to better beer. “This research will streamline efforts to improve barley production through breeding for improved varieties,” said Prof. Robbie



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

Letters — for 2012-10-11 00:00:00

Government actions to blame Regarding the Sept. 6 story “Latest feed crisis may be too much for the battered hog sector, I believe there is another very important factor that should not be disregarded. For every action, there is and will be, an opposite and equal reaction. The final straw, in this most recent case,