USDA Faces Industry Grilling On Corn Stocks Data

Grain traders were expected to pepper U.S. Department of Agriculture officials with questions on Monday this week about how they came up with surprising crop data that has prompted wild swings in futures prices. USDA is widely regarded as the world s best source of information on U.S. and global crop supplies. But over the

Chasing High Corn Prices, U.S. Farmers Skip Rotations

Farmer Brian Schaumburg has planted corn for five straight years in some of the thousands of acres he tends in central Illinois. Farmers who eschew crop rotations that help to replenish the soil with nutrients take a risk that yields will decline. But corn prices soared to a record earlier this year, making so-called corn-on-corn



In Brief… – for Aug. 11, 2011

Correction:The following four winter wheats – CDC Kestrel, CDC Clair, CDC Harrier, CDC Raptor and CDC Falcon will be transferred from the Canada Western Red Winter wheat class to the Canada Western General Purpose class Aug. 1, 2013. Incorrect information appeared in last week’s edition. CDC Falcon will remain in the CWRW class past 2013



As Land Runs Out, U.S. Corn Yield Growth Must Quicken

For decades, U.S. farmers have helped feed the world by sowing some of the most versatile cropland, adjusting each year to grow a bit more of this and less of that, to replenish those crops in greatest shortage. This year, however, even with farmers planting nearly every acre of arable land, it will not be


Forget Fuel Costs, U.S. Farmers Cheer Oil Surge

Not too long ago, a surge in oil prices would have caused a groan of misery from the U.S. farm belt, forced to pay higher prices for tractor fuel and fertilizer. Today, farmers are far more likely to cheer. The farm sector’s response to a surge in fuel costs has inverted for two important reasons:

Forecast For March: Very, Very Hot

After hiring into the market newsletter biz 30 years ago, my new bosses informed me that I’d sink or swim on how well I learned either fundamental or technical market analysis. I had two weeks to master one. Since fundamental analysis centres on farm and ranch facts and figures and technical analysis relies on charts


U. S. Court Relaxes Limits On Roundup Ready Alfalfa

“We’re waiting to hear what they’re going to decide.” – TRISH JORDAN, MONSANTO CANADA Both sides are claiming victory after the U. S. Supreme Court last week overturned a lower court ruling which imposed a ban on Roundup Ready alfalfa. The court ruled a district court judge in San Francisco overstepped his authority in preventing

Cheaper Fertilizer Spells Relief For U. S. Farmers

U. S. farmers who have faced lower selling prices for corn and soybeans this year should see some relief when they plant crops this spring as fertilizer prices have fallen as much as 60 per cent from the record highs of October 2008. Nitrogen, phosphate and potash – the three essential crop nutrients – have