Crops briefs March 8

Record U.S. corn crop to cool red-hot prices washington / reuters U.S. farmers will harvest a record corn crop this year, which will rebuild stockpiles and bring down prices, a University of Missouri think-tank projected in a report March 5 that came in 2.5 per cent lower than the most recent U.S. government projections. The




High Gas Prices Spur Global Biofuel Production

High prices for conventional motor fuels, combined with government content mandates, has spurred biofuel production around the world, says Washington-based Worldwatch Institute. “Global production of biofuels increased 17 per cent in 2010 to reach an all-time high of 105 billion litres, up from 90 billion litres in 2009,” the institute reports. “High oil prices, a


Food-Versus-Fuel Debate Rages Anew

Ethanol appears almost certain to win the food-versus- fuel contest in the United States. But not just yet. The Agriculture Department forecast that a tad more corn will be used to make ethanol than to feed livestock this year may be a false milestone: ethanol makers say they won’t use that much corn while producing

U.S. Hog Farms Drive Growth With Genetics, Husbandry

U.S. hog producers are using genetics, modern farm housing, and animal husbandry to maximize pork production without greatly expanding costs for feed and barn construction, industry sources said. With global demand for food growing quickly and production land limited or even shrinking, pressures are mounting to produce more with the same or less throughout agriculture.


CBOT Corn Tops Wheat For First Time In 15 Years

For the first time in 15 years, wheat prices fell below those for corn on April 12, opening the door wider for wheat to become fodder for livestock and poultry. Soft red winter wheat futures briefly traded below prices for corn at the Chicago Board of Trade, the pinnacle of corn’s climb to record highs

U.S. Hog Herd Up Slightly, No Expansion Yet

The U.S. hog herd increased slightly this year due to better herd management rather than to producers expanding herds, analysts said after studying USDA’s Mar. 25 quarterly hog report. Also the report forecast a decline in pig litters this year versus 2010, which could mean fewer hogs in 2012. USDA reported 63.964 million hogs on


Corn Stocks To Rise If Ethanol Tax Credit Cut

Stockpiles of U.S. corn would begin to rebuild if Congress allows tax credits for ethanol to expire at the end of the year, a key group of economists at the University of Missouri said March 7. The university’s Food and Agricultural Policy Research Institute, or FAPRI, forecast corn stocks at the end of the 2011-12

Americans On Budgets Push Up Price Of “Cheap” Beef

With more Americans tightening their belts, demand for cheaper cuts of U.S. beef has actually pushed the price of select-grade beef higher than the generally more expensive choice cuts. For the first time in nearly two years, select-grade beef prices are above those for better-quality choice grade, according to U.S. government data. The data showed