USDA Changes Corn Wording After Ethanol Makers Complain

The U.S. government introduced new wording on corn use on April 8 following complaints from ethanol makers that they were not getting credit for the corn byproducts that are fed to livestock. Instead of saying “corn for ethanol” in its monthly report, the U.S. Agriculture Department now spells out the corn is going to produce

Farm Subsidy Cuts Eyed

Republicans are proposing to slash farm spending by $30 billion o ver 10 years as part of a controversial plan to tackle the giant federal budget deficit. House budget committee chairman Paul Ryan has proposed reducing the $5-billion-a- year “direct payments” subsidy made to growers each year regardless of need. He also wants farmers to


U.S. Farmers Want Easier Access To Credit

The U.S. farm sector is booming with soaring land values, record-high crop prices and record farm income. For all that, farmers face stricter loan standards than a few years ago, small-farm activists say. They say lending practices, toughened nationwide after the 2008-09 recession, are now so strict they snare creditworthy growers. When they surveyed farm

In Brief… – for Apr. 7, 2011

Japan to import 5.11 mln tonnes wheat:Japan plans to buy 5.11 million tonnes of foreign milling wheat in the year to March 2012 to supplement locally grown grain, the Ministry of Agriculture said last week. Japan, the world’s fourth-biggest wheat importer, buys wheat to supplement locally grown grain and keeps a tight grip on bulk


Don’t Overlook Feed Value Of DDGs

Ethanol producers often get much of the blame for driving the price of corn to its current multi-year high levels due to that industry’s strong usage of corn to make fuel. But critics overlook the growing production and distribution of Dried Distillers Grains (DDGs), a byproduct of ethanol output used in animal feeds as an

U.S. Farmers Plant Huge Crops As Stocks Dwindle

U.S. farmers say they will plant some of the biggest corn and soybean crops ever this spring, racing to keep pace with unrelenting global demand that’s rapidly depleting stockpiles and driving up food costs. A government survey found corn plantings would be the second largest since the Second World War and soybeans the third highest


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

U.S. Cattle Futures Hit Record High, Hogs Sharply Higher

U.S. cattle and hog futures closed sharply higher last Friday, with the April cattle contract at the highest ever for a lead contract. As of last Friday both markets had fully recovered the losses incurred shortly after Japan’s March 11 earthquake. In cattle, higher cash sales last week in Nebraska, the No. 2 cattle state


In Brief… – for Mar. 24, 2011

Farmer to Farmer:The Grain Growers of Canada has donated $1,000 to help Japanese farmers cope with the after-effects of the March 11 earthquake and tsunami. “Farmers in Canada have a long history of helping their neighbours in times of trouble and in this case our neighbours are global,” said executive director Richard Phillips, noting Japan

U.S. Cattle Marketings Up 4.5 Per Cent

U.S. cattle feedlots sold nearly 1.8 million cattle to slaughterhouses last month, up 4.5 per cent from a year earlier pace and slightly more than expected, analysts said. The monthly U.S. Agriculture Department feedlot cattle report released Mar. 18 also showed five per cent more cattle in feedlots as of March 1, or 11.394 million