Cattle Numbers Dropping

The U.S. fed cattle supply on July 1 was 3.8 per cent larger than a year ago as a devastating drought in the U.S. southwest and high cattle prices pulled young cattle into feedlots, analysts said July 22. In a separate report, USDA put the U.S. cattle herd, which includes all cattle inside and outside

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


Weather Concerns Drive Markets

Canola futures on the ICE Canada trading platform continued their upward trek during the week ended July 15 with weather concerns and a pickup in demand assisting the price gains. Some of the weather concerns were linked to the Canadian Prairies and differing opinions on the condition of the canola crop in each of the

Global Food Inflation To Return After Brief Respite

Red-hot food inflation that has vexed policy-makers around the world seemed to take a breather last month, when corn and wheat prices tumbled on reports that crop shortages were easing. The sell-off was also driven by global economic worries that prompted funds to exit grains in droves. But prices are climbing again, and have already


USDA Slammed Over Data

China’s state-run food trader slammed the U.S. government’s dramatic revisions of its supply-demand data on corn as an “insult,” saying the sharp changes made it difficult for the entity to hedge risks. The unusually candid and critical remarks by a senior COFCO official triggered a quick retort from U.S. analysts and traders, who noted the

In Brief… – for Jul. 7, 2011

EU drought eases:Rain in past weeks has saved European Union wheat from the worst impact of drought this spring but the 2011 crop will still fall on the year, analysts and traders said June 28. Much of west Europe has had regular rain in the past three weeks, relieving parched crops after the spring drought.



Scientists Race To Avoid A Bitter Climate Change Harvest

Charlie Bragg gazes across his lush fields where fat lambs are grazing, his reservoirs filled with water, and issues a sigh of relief. Things are normal this year and that’s a bit unusual of late. His 7,000-acre farm near the Australian town of Cootamundra is testament to the plight facing farmers around the globe: increasingly


U.S. Cattle Supply Up But Shrinking

U.S. producers sold 11 per cent more cattle to slaughterhouses in May than what they brought in, solid evidence that the cattle supply is shrinking and by year’s end that smaller supply should mean much higher cattle prices, analysts said. The U.S. Agriculture Department reported June 17 nearly 10.93 million cattle in feedlots, up four

Global Corn Scenario: U.S. Grows Less, China Eats More

U.S. corn supplies, already stretched thin by relentless feed, fuel and food demand, will grow even tighter in the coming year due to a rain-shortened crop, the government projected June 9. The USDA said rains and floods prevented farmers from planting all the corn they had planned. That means a drop of 300 million bushels