NABARD Launches $820 Million Long Term Rural Credit Fund

Mon, 22 Sep 2014

INDIA - To increase long term credit in agriculture sector, the National Bank of Agriculture and Rural Development (NABARD) has launched an $820 million rural credit fund.

 

Myanmar Rice Production Forecast at a Good Level

Mon, 22 Sep 2014

MYANMAR - Harvesting of the 2014 main (wet) season rice crop, which accounts for about 80 percent of annual production, is expected to start at the beginning of October and continue into December.

 

John Deere Introduces Next Generation of Self-propelled Foragers

Mon, 22 Sep 2014

UK - John Deere’s all-new 8000 Series self-propelled forage harvesters represent an entirely new generation of machines.

 

Can Farming Reverse its Ageing Trend?

Fri, 19 Sep 2014

ANALYSIS – Agriculture is ageing and more must be done to draw young people into UK food production to meet growing national and world demand.

 

Market Analyst: Grain Pressure Continues

Fri, 19 Sep 2014

ANALYSIS - Grains are continuing to feel selling pressure from both currencies in the outside markets as well as the impending increase in supplies, reports Mike Zuzolo for Global Commodity Analytics.

 

More Land, Fewer Harvests

Fri, 19 Sep 2014

GERMANY - Most of the Earth’s agricultural land resources are already under cultivation. Climate change poses a huge challenge to global agriculture, but a new study by geographers at the Lugwig Maximilians University in Munich shows that some regions could benefit from it.

 

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International Year of Family Farming 2014

Fri, 19 Sep 2014

US - On the 18 September The National Farmers Union (NFU) applauded the introduction of the Senate Resolution designating 2014 as the “International Year of Family Farming (IYFF).” NFU has lead the US Committee for IYFF and played a key role in having the resolution adopted by the Senate.

 

India Plans $131 Billion Credit To Farmers During 2014-15

Fri, 19 Sep 2014

INDIA - To provide farmers with credit support, Indian government has planned $131 billion credit support for agriculture sector during 2014-15 financial year.

 

Corn Growers Advised to 'Keep Crops Close to Home'

Fri, 19 Sep 2014

US - With a record amount of corn likely headed to market in the next few weeks and corn prices still very low, a Purdue University agricultural economist is advising growers to consider storing their crop on their own property if they can.

 

Wyckoff's Closing Grains: Corn Closed Lower

Fri, 19 Sep 2014

US - December Corn closed down 3 1/2-cents at 3.38 1/4. December corn closed lower on Thursday as forecasts for dry weather that should help the corn crop mature into harvest.

 

From Too Much Rain, to Too Little Rain

Thu, 18 Sep 2014

US - After prolonged drought, South Texas producers are now struggling with too much moisture, according to Rod Santa Ana, Texas A&M AgriLife communications specialist based in Weslaco.

 

Indonesia Rice Production Forecast Slightly Below Last Year’s Record Level

Thu, 18 Sep 2014

INDONESIA - Harvesting of the 2014 main (wet) season paddy crop, which accounts for about 95 per cent of annual production, was completed by June, while that of the 2014 secondary season crop is expected to start in mid-October and continue into December.

 

Japan Cereal Production Expected to Remain High

Thu, 18 Sep 2014

JAPAN - Harvesting of the 2014 paddy crop is currently underway and will continue into November.

 

National Farm Safety and Health Week Focuses on 'Protecting What Matters'

Thu, 18 Sep 2014

US - 'Safety Counts - Protecting What Matters' is this year’s theme for National Farm Safety and Health Week, which will be observed September 21-27, 2014.

 

Export Customers Commit to Buy $2.3 Billion of US Soy

Thu, 18 Sep 2014

US - Buyers from China at the second-annual, soy-checkoff-funded US Global Trade Exchange have agreed to buy $2.3 billion of US soy totaling 176 million bushels of US soybeans, marking the second consecutive year that the gathering has generated significant export sales for US soybean farmers in their own backyard.

 

Wyckoff's Closing Grains: Corn Closed Lower

Thu, 18 Sep 2014

US - December Corn closed down 2-cents at 3.41 3/4. December corn closed lower on Wednesday.

 

Harvest 2014: Rewarding, but Challenging

Wed, 17 Sep 2014

US - Drought persists in some areas, but ideal weather elsewhere has our fields brimming with life and ripe for harvest. The farm-prices forecast, on the other hand, is less sunny, writes Bob Stallman, President, American Farm Bureau.

 

Jim Wyckoff's Morning Report: Investors Await Interest Rates Decision

Wed, 17 Sep 2014

GLOBAL - The December NASDAQ 100 was lower overnight as investors await the Federal Reserve's decision regarding interest rates.

 

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India’s Oilmeals Export down 36 Per Cent

Wed, 17 Sep 2014

INDIA - India’s oilmeals export has posted a 36 per cent negative growth during April to August at 864,929 tonnes.

 

India’s August Veg Oil Imports Up 76 Per Cent

Wed, 17 Sep 2014

INDIA - India has recorded a 76 per cent increase in vegetable oils (edible & non-edible) imports during August 2014 at 1.33 million tonnes, consisting of 1.32 million tonnes of edible oils and 12135 tonnes on non-edible oils.

 

NFU Outlines Priorities Ahead of 2015 General Election

Wed, 17 Sep 2014

UK - A Government that understands farm businesses, wants agriculture to grow and has the policies that send the right signals to farmers, are the key messages in the NFU’s farming manifesto launched today (Wednesday) ahead of next year’s General Election.

 

How Do We Increase Global Corn Yields?

Wed, 17 Sep 2014

US - Ensuring that corn absorbs the right balance of nitrogen, phosphorus and potassium is crucial to increasing global yields, a Purdue and Kansas State University study finds.

 

Wyckoff's Closing Grains: Corn Closed Higher

Wed, 17 Sep 2014

US - December Corn closed up 3/4-cents at 3.43 3/4. December corn closed fractionally higher due to short covering on Tuesday.

 

Jim Wyckoff's Morning Report: Risk-averse Mood in Market Place

Tue, 16 Sep 2014

GLOBAL - The December NASDAQ 100 was lower overnight as investors have moved into a risk-averse mood ahead of the Federal Open Market meeting.

 

FAO to Help India Develop Agriculture, Food Security

Tue, 16 Sep 2014

INDIA - The Prime Minister of India, Narendra Modi, and FAO Director-General, José Graziano da Silva, have agreed on how to strengthen efforts to promote India’s food security and sustainable agricultural development during talks held in New Delhi.

 

Argentina Cereal Production to Reach New Record

Tue, 16 Sep 2014

ARGENTINA - Harvesting of the 2014 maize crop is virtually concluded, early estimates point to a higher than expected crop due to higher yields as a result of favourable weather during the season.

 

Understanding Our Urban Pollinators

Tue, 16 Sep 2014

UK - Pollinators such as the Common Blue butterfly, which is shown in the image above, play a vital role in maintaining our food supplies. But like many others, these species are struggling in the UK countryside.

 

Efforts Made to Reduce Government-imposed Trade Barriers

Tue, 16 Sep 2014

EU - American Farm Bureau Federation President Bob Stallman is leading a delegation of the organization’s leaders to Europe this week to discuss efforts to increase trade through comprehensive agreements that would reduce, if not eliminate, government-imposed barriers to agricultural trade.

 

Wyckoff's Closing Grains: Corn Closed Higher

Tue, 16 Sep 2014

US - December Corn closed up 4 1/2-cents at 3.43. December corn closed higher due to short covering on Monday triggered by wild scale frost across the upper portion of the Corn Belt over the weekend.

 

Jim Wyckoff's Morning Report: Corn Lower Overnight

Mon, 15 Sep 2014

GLOBAL - The December NASDAQ 100 was lower overnight and posted its lowest level since August 22nd.

 

Sudden Death Syndrome Hits Soybeans Across US

Mon, 15 Sep 2014

ANALYSIS - Due to high moisture levels throughout the Midwest this season, Sudden Death Syndrome (SDS) has hit soybean fields not only in the Midwest, but "any place that soybeans are grown," according to Jennifer Riggs, product development manager with Bayer CropScience.

 

New Agriculture Commissioner Told to Simplify Greening and Direct Payments

Mon, 15 Sep 2014

EU - Simplification of the direct payments in the Common Agricultural Policy and greening are two of the issues that have been put top of the list of priorities for the new European Commissioner for agriculture Phil Hogan.

 

Economical Importance of Agriculture to Irish Counties

Mon, 15 Sep 2014

IRELAND - Analysis undertaken by Irish Farmers Association outlines agriculture’s importance to the economy at county level, and underlines the critical importance of farm schemes in underpinning agriculture’s continued contribution to Ireland's economic recovery.

 

CME Report: 74 Per Cent of US Corn Crop Rated Good/Excellent Condition

Mon, 15 Sep 2014

US - 74 per cent of the US corn crop was rated in good/excellent condition, unchanged from the previous week and 20 points better than year ago and the five year average for this week, write Steve Meyer & Len Steiner.

 

EuroTier Offers Solutions for the Future

Mon, 15 Sep 2014

GERMANY - The world’s leading trade fair for animal husbandry professionals, EuroTier, will be presenting solutions for the future of agriculture at the Fairgrounds in Hanover from 11 to 14 November.

 

Farm Safety Should be a Front Burner Issue

Mon, 15 Sep 2014

US - In honor of the United Nations’ 2014 International Year of Family Farming, this month National Farmers Union (NFU) is highlighting the importance of being proactive in the area of farm safety. Agriculture is consistently among the most hazardous occupations in the United States.

 

What Has Supported Corn, Soybean and Land Prices?

Fri, 12 Sep 2014

ANALYSIS - Matt Roberts, agricultural economist at The Ohio State University, said global soybean demand from China has increased soybean acreage by 30 million acres, and US ethanol demand has increased corn demand by 20 million acres.

 

Jim Wyckoff's Morning Report: Rare Upbeat Economic Data

Fri, 12 Sep 2014

GLOBAL - In overnight news, there was a rare upbeat economic report from the European Union.

 

Increase in US Corn Import Share in Taiwan

Fri, 12 Sep 2014

TAIWAN - From October 2013 – June 2014, Taiwan imported over 1,600 TMT of US corn, exceeding Post estimates. US corn share expanded to 45 per cent, compared to 13 per cent from the same period last year, according to Taiwan Customs import data.

 

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EU Adopts Proposals to Improve Health, Tackle Antimicrobial Resistance

Fri, 12 Sep 2014

EU - The European Commission has adopted proposals on veterinary medicinal products and medicated feed, to improve the health and well-being of animals, to tackle antimicrobial resistance (AMR) in the EU and to foster innovation.

 

State-of-the-art Grain Rail Terminal Open for 2014 Harvest

Fri, 12 Sep 2014

US - Landmark Services Cooperative has announced the opening of their new Grain Rail Facility in Fall River, Wis. Grain growers can now market their grain quickly and efficiently at this new location.

 

FAO Food Price Index Drops to Four-year Low

Fri, 12 Sep 2014

GLOBAL - FAO's monthly food price index registered another drop in August, continuing a 5-month downward run and reaching its lowest level since September 2010.

 

Wyckoff's Closing Grains: Corn Closed Lower

Fri, 12 Sep 2014

US - December corn futures closed down 4 1/4 cents at $3.41 1/2 Thursday.

 

Market Analyst: Corn, Soybeans Hit Four-year Low

Thu, 11 Sep 2014

ANALYSIS - December corn and soy prices have made four-year lows this week as record harvests are expected, reports Mike Zuzolo for Global Commodity Analytics.

 

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India's Agriculture Developments Praised by FAO

Thu, 11 Sep 2014

INDIA - Food and Agriculture Organization of the United Nations (FAO), director general, Jose Graziano da Silva has met Indian agriculture minister, Radha Mohan Singh on September 8, 2014. During the meet, Singh apprised FAO of the significant strides made by India in agriculture and allied sectors during last few years.

 

Help for Homeowners to Guard Against Flooding

Thu, 11 Sep 2014

US - Homeowners and farmers can protect their equipment, other belongings and even lives by understanding that floods can occur in unlikely places, a Purdue Extension disaster education specialist says.

 

Barley Business for Beer Brewing Secures Funding

Thu, 11 Sep 2014

UK - Scientists from Norwich's renowned John Innes Centre (JIC) are developing a new business concept, based on their expertise in growing heritage lines of barley for brewing.

 

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Scientists Named to Agricultural Research Service Science Hall of Fame

Thu, 11 Sep 2014

US - Four scientists have been named to the Agricultural Research Service (ARS) Science Hall of Fame for discoveries in soybean genomics, sustainable farming, poultry disease control and crop micronutrients. ARS is the chief intramural scientific research agency of the US Department of Agriculture (USDA).

 

Wyckoff's Closing Grains: Corn Closed Higher

Thu, 11 Sep 2014

US - December corn futures closed up 2 cents at $3.46 1/4 Wednesday.

 

Will Scotland's Independence Vote Impact Agriculture?

Wed, 10 Sep 2014

ANALYSIS - Scotland’s First Minister Alex Salmond addressed international agricultural journalists at a conference in Scotland on Sunday evening saying, “There is a debate going on as part of this great national discussion about Scotland’s place within the European Union,” writes Sarah Mikesell, 5m senior editor.

 

Future of Crops at Risk in Conflict Zone

Wed, 10 Sep 2014

UK - Wild species related to our crops which are crucial as potential future food resources have been identified by University of Birmingham scientists, however, a significant proportion are found in conflict zones in the Middle East, where their conservation is increasingly comprised.

 

Do 1 September Corn Stocks Estimate Matter?

Wed, 10 Sep 2014

US - Corn prices continue to be dominated by expectations of a very large US harvest, writes Darrel Good.

 

Forecast Frost Expected to Reduce Canada Yield

Wed, 10 Sep 2014

CANADA - A weather and crop specialist with CWB says the frost that's expected this week will result in reduced crop quality and lost yield, especially in the later seeded crops, Bruce Cochrane writes.

 

Wyckoff's Closing Grains: Corn Closed Lower

Wed, 10 Sep 2014

US - December corn futures closed down 4 cents at $3.44 1/4 Tuesday.

 

Path Opens to Oil Quality

Wed, 10 Sep 2014

UK - Steps to improve rapeseed oil quality have been taken as a result of HGCA-supported research.

 

Wyckoff's Weekly Grain Outlook: Record Corn, Soy Harvest Likely

Tue, 09 Sep 2014

ANALYSIS - Grain market bears are still in full command at the start of the week, with a record corn and soybean harvest predicted, reports Jim Wyckoff for TheCropSite.

 

How is Ebola Affecting Food Supply?

Tue, 09 Sep 2014

GLOBAL - The Ebola Virus Disease (EVD) outbreak has severely affected Liberia, Sierra Leone and Guinea, resulting in deaths and adversely impacting on the agricultural sector and food security conditions.

 

Wyckoff's Closing Grains: Corn Closed Lower

Tue, 09 Sep 2014

US - December Corn closed down 7 3/4-cents at 3.48 1/4. December corn closed lower on Monday as freeze concerns across the northern Plains and upper Midwest have declined.