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Friday, August 03, 2012
Lawmakers Ask EPA for Waiver of Corn-Ethanol Mandate
US - The National Pork Producers Council praised a group of congressional lawmakers for asking the US Environmental Protection Agency to waive the federal mandate for the production of corn ethanol to help livestock and poultry producers weather the worst...
Thursday, August 02, 2012
Midwest Drought Costs Georgia Poultry Producers Big Bucks
US - Severe drought in the Midwest corn-belt is driving up poultry feed costs in Georgia. Economists and poultry industry experts predict corn costs will increase 50 per cent in 2012 compared to typical years. Some economists say corn prices could double...
Tuesday, July 31, 2012
Anticipating Size of 2012 Corn and Soybean Crops
US - The National Agricultural Statistics Service (NASS) of the USDA will release the first yield and production forecasts for the 2012 US corn and soybean crops on 10 August. The first forecasts of the season are always highly anticipated, but none more...
Monday, July 30, 2012
CME: Feed Crisis Deepens
US - Corn futures were sharply higher in overnight trading and as of the writing of this report, September corn futures were at an all time record high of $8.20/bushel, 22 cents higher than the previous close, write Steve Meyer and Len Steiner....
Foster Farms, Jordan College State Break Ground on New Facility
CALIFORNIA, US - Representatives of Foster Farms, along with California State University, Fresno, faculty, students and community leaders, broke ground Friday on the new Foster Farms Poultry Education and Research Facility at Jordan College of Agricultural...
Wednesday, July 25, 2012
Grain, Corn Prices Reach High - But Not in Crisis Yet
US - The future of corn prices and the impact on fed livestock continues to be an unfolding, tumultuous situation, but some degree of clarity should be coming to the story in the next few weeks, according to a Texas AgriLife Extension Service economist....
Tuesday, July 24, 2012
Drought Threatens Financial Well-Being of Livestock
US - Livestock producers are likely to suffer the biggest financial fallout from a drought that encompasses much of the nation. High feed prices from failed grain crops could drive some livestock producers to liquidate herds. ...
Are Soybean Prices High Enough?
US - Much of the recent attention in commodity markets, at least in the popular press, has focused on the US corn crop and the potential impact of drought conditions on production and prices. The focus has been warranted since corn is the largest US crop;...
Monday, July 23, 2012
Novus Research Scientists, Nutritionists Present Discoveries
US - Attendees at the 2012 PSA Meeting being held between 9 and 12 July at the University of Georgia in Athens, Georgia, had the opportunity to learn the latest discoveries from Novus International, Inc. research scientists....
Study Released on Future of Grains, Biofuels and Feed
US - Today, feed costs account for 50 to 70 per cent of livestock and poultry production. What factors are driving these costs and how are scarce resources for food, feed and fuel going to be allocated in the future as we struggle to feed a growing population?...
Friday, July 20, 2012
Study Supports Need to Reform Ethanol Production Mandate
US - In response to a new economic study on the impact of corn ethanol production on food prices and commodity price volatility, a coalition of livestock and poultry groups is urging Congress to reform the federal Renewable Fuels Standard (RFS), which...
Tuesday, July 17, 2012
CME: Corn and Soybean Situation Equally Bad
US - In spite of generally cooler temperatures, it was another brutal week for US crops with the probability of significantly short harvests becoming more and more likely, write Steve Meyer and Len Steiner....
Expected Price Pattern for Corn and Soybeans
US - Widespread drought conditions continue to reduce the 2012 US corn and soybean yield potential. Yields are now expected to be well below trend value so that this year's production will qualify as "short crops", writes Darrel Good....
Thursday, July 12, 2012
Poor Growing Conditions Affect Grain Supply and Demand
US - Dry weather continued to influence the crop outlook in the World Agricultural Supply and Demand Estimates released today by the Agriculture Department, according to the American Farm Bureau Federation....
Tuesday, July 03, 2012
Considerable Uncertainty About Corn Supply & Demand
US - July 2012 corn futures are currently trading about $1.00 below the peak reached in August 2011, but $1.40 above the low reached a month ago. December 2012 futures are trading $1.50 above the low of 15 June 2012 and within $0.15 of the high reached...
Monday, July 02, 2012
USDA Reports Show that Focus Remains on Weather
US - There were no big surprises in two Agriculture Department economic reports released today, according to the American Farm Bureau Federation. USDA’s Acreage and Grain Stocks reports confirmed AFBF analysts’ expectations that good planting weather...
Friday, June 29, 2012
CME: Corn Balance Sheet Could be Minimal or Negative
US - USDA released this morning the results of two important surveys, the Grain Stocks and Acreage reports, write Steve Meyer and Len Steiner....
Thursday, June 28, 2012
New CFO and CAFO Rules Mean Operational Changes
US - Indiana's new regulations aimed at keeping confined animal feeding operations environmentally friendly will require producers to change record-keeping and manure management practices, from Sunday (1 July). ...
Wednesday, June 27, 2012
CME: Livestock and Poultry Reports to be Released
US - Friday is another big report day for USDA with three reports that are of particular interest to livestock and poultry markets being released, write Steve Meyer and Len Steiner....
Tuesday, June 26, 2012
CME: Crop Condition Ratings Not as Bad as Expected
US - You know you are in trouble when things are better simply because they aren’t as bad as they were expected to be. Such is the case with the corn market this evening after USDA’s crop condition ratings came in terrible but not quite as bad...
Soybean Fundamentals Remain Strong
US - US soybean market fundamentals have been strong for an extended period of time, says University of Illinois agricultural economist Darrel Good....
Tuesday, June 19, 2012
Anticipating Estimates of 1 June Corn, Soybean Stocks
US - The USDA will release the estimates of 1 June corn and soybean inventories on 29 June. The level of those stocks will reveal the rate of consumption during the third quarter of the 2011-12 marketing year and the available supply for consumption during...
Monday, June 18, 2012
Mountaire Farms Acquires Delaware Granary
US - Mountaire Farms has acquired of Gavilon Grain in Townsend, Delaware. ...
Wednesday, June 13, 2012
CME: June WASDE Report Contains Few Surprises
US - USDA’s World Agricultural Supply and Demand Estimates (WASDE) report for June contained few surprises and even fewer changes for old and new crop supply and utilization, write Steve Meyer and Len Steiner....
Tuesday, June 12, 2012
Update on Export Progress
US - Much of the attention in the crop markets is rightly focused on the potential size of the northern hemisphere crops. Still, the on-going pace of consumption is an important measure of demand strength and the likely level of year ending stocks. Here...
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