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Is China's Breadbasket Set for Another Bumper Harvest? - 10 June 2014

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TheCropSite
Tuesday 10th June 2014.
Sarah Mikesell - TheCropSite Senior Editor

Sarah Mikesell
Senior Editor


Wyffels

5M

Is China's Breadbasket Set for Another Bumper Harvest? 


Greetings again from beautiful England – I’m up in Sheffield, UK this week, visiting our 5m home office. It’s been in the upper 60s and low 70s F (16-20s C), which everyone says it’s quite warm for England in June.

Last week included a Benchmark Holdings meeting which brought together teams from our 10 companies for a day of learning and updates on progress in the business. Benchmark companies as a whole are based around sustainable food production and what we call the 3Es – Environment, Economics and Ethics. To learn more, click here.

In news this week… Wheat harvest started last week in China's major breadbasket of Shandong Province, and the Chinese Ministry of Agriculture forecast an output rise of summer grain and the 11th consecutive bumper harvest.

A wheat expert with the Shandong Academy of Agricultural Sciences said both per-unit wheat yield and total yield this year in Shandong would increase. China produced 120 million tonnes of wheat last year, one-fifth of the world's total.

The planting area of summer grain is estimated at 27.67 million ha this year, almost 70,000 ha more than in 2012. This year, more than 14 million mechanical harvesters will be used for 92 per cent of the harvesting work.

A new study by the Ewing Marion Kauffman Foundation and the Donald Danforth Plant Science Center covers AgTech and why it’s important to agriculture. AgTech is defined as innovative technologies in the agricultural sector that demonstrably enhance the sustainability of the practice by increasing productivity, improving the efficiency of resource use, and reducing ecological impacts. They also yield sustained or enhanced profitability to investors by increasing the long-term value of ag production.

While the end result of the paper is to make a case for investment in AgTech companies, there is really interesting info that leads up to that data. So if you have a few minutes, I hope you’ll take a peek at the study.

The study looks at models for future food prices, increases in production that will be needed in corn, wheat, soy, cotton and rice, key variables influencing agricultural production through 2050 and how climate change could add to price increases. And all of that is before it even gets to the good stuff! Click here to view. 

This week on Twitter: In a set of three cartoons, see how the hunger season – the period when a small holder’s crop stockpiles start to run out – affect a family’s ability to survive. Definitely worth the two minutes to read through. Click here to view.

Find me on Twitter @SarahMikesell

Have a great week!

~Sarah





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Market Reports

USDA Crop Progress - 9 June 2014
USDA Peanut Prices - 6 June 2014

Global Crop Industry News

   India

Karnataka to Set up Two Agri Universities
India Wheat Production May Touch 100 MT by 2016-17
NCDEX Raises Transaction Charges on Agri-commodities
Assam Agriculture University to Set up Agri Science Centre
ISMA Seeks Sugar Import Duty Hiked to 40 Per Cent
India to Focus on Reducing Post-Harvest Losses
CCI Clears Wilmar-Renuka Sugars Deal

   Cambodia

Cambodia's 2014 Rice Production Forecast Stable

   Bhutan

Prospects for Bhutan 2014 Cereal Crops Favourable

   United States

Top Farmer Conference Helps Farmers Improve Operations
NFU Statement on EPA’s Clean Power Plan Proposal
Wyckoff's Closing Grains: Corn Closed Lower
South Korea's 2014 Rice Production Forecast Stable
Wheat Pests Cause Aesthetic, Financial Loss to Agricultural Producers
GeoGrain: US Cash Grain and Futures Report
Wyckoff's Closing Grains: Corn Futures Closed Down Thursday
Researchers Aim to Disarm a ‘Cereal Killer’
Wyckoff's Closing Grains: Corn Futures Closed Down Wednesday
Wyckoff's Closing Grains: Corn Futures Closed Down Tuesday
Timing, Product Choice Important for Postemergence Herbicide Applications
Jim Wyckoff's Weekly Grains Outlook

   Global

Jim Wyckoff's Morning Report:
Outcome Measures Drive Grower Profitability, Sustainable Practices
Jim Wyckoff's Morning Report: US Stock Market Hovering at Record High
Jim Wyckoff's Morning Report: World Market Place Quieter Thursday
FAO Food Price Index Falls for Second Consecutive Month
Jim Wyckoff's Morning Report: Markets Awaiting Economic Data from the Trading Session

   Canada

Public Interest in Story Behind Modern Food Production Grows
China to Better Police GMO in Agriculture

   Haiti

Improved Prospects for Haiti 2014 Spring Cereal Season

   United Kingdom

New 7310R Tractor Makes its Debut at Cereals 2014
Farmers, Growers Need Reliable Source of Water
Focus on Harvesting Efficiency at Cereals
Ten Years of ukp and uks Celebrated at Cereals Event

   Serbia

Prospects for Serbian Winter Cereals Negatively Impacted by Recent Floods

   Cameroon

Good Prospects for Cameroon's Current Crops

   European Union

Torrefaction: The Bioenergy Newcomer

   China

Bumper Year Forecast for China's Wheat Farmers

   Bosnia and Herzegovina

Prospects for Winter Cereals Negatively Impacted by Recent Floods

   Rwanda

Significant Moisture Deficit Affecting Yields

   Russian Federation

Drop in Value of Ruble Hits Cherkizovo’s Revenue

   Thailand

Favourable Weather Conditions for Planting of Paddy and Maize Crops

   Bangladesh

Bangladesh 2014 Wheat Production Estimated Higher

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