U. S. farmers remain hopeful even as profits erode

“With that kind of volatility you just lose track of fundamentals.” –Illinois farmer Garry Niemeyer Iowa farmer Gordon Wassenaar says he is optimistic about 2009, displaying a sometimes puzzling “glass half full” mentality needed in a profession in which Mother Nature can wipe out months of work overnight. He and other U. S. farmers notched


Input costs nix next year’s profits

After reaping bumper profits for corn and sobyean crops during the past two years, some U. S. farmers face potential losses for their 2009 crop even before they have finalized their planting strategy. Prices for corn and soybeans have tumbled so much that growers who already locked in input costs for next year’s crop when

Corn prices drop 50 per cent, ethanol production still high

For three-times-daily market reports from Don Bousquet and RNI, visit “ICE Futures Canada updates” at www.manitobacooperator.ca Grain and oilseed futures at ICE Futures Canada win Winnipeg closed the week ended October 31 mixed, with canola down. Canola declined despite the firm tone in the U. S. soy complex. The lack of fresh demand and a


U. S. farmers consider wet corn

Farmers around the U. S. Midwest were trying to decide if they should begin harvesting corn that will need to be dried manually after it is cut, agronomists and grain dealers say. Most growers had hoped to let their corn dry naturally but leaving crops in the field late into the fall is risky. Farmers