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TheCropSite Newsletter - 03 Febuary 2015

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TheCropSite
Tuesday 3rd February 2015.
Gemma Hyland - TheCropSite Editor

Gemma Hyland
Editor


Global Analytics

Wyffels

5M

Is Arable Output Set to Break Records By 2018?

The International Grains Council (IGC) has predicted that global grain stocks will tighten over the coming years, but after a small contraction, harvests will rise back to record-breaking levels.

The rise will mostly come from higher yields, says the IGC.

  • Higher maize stocks fuel sentiment that feed wheat demand will be down this year. World maize production is expected to break 1 billion tons for the first time in 2018/19, despite a reduction on planting and yield growth rate.
  • Two consecutive strong years have kept global wheat markets well supplied despite strong demand. This has built stocks from a five-year low at the end of 2012/13.
  • World soybean stocks have recovered thanks to some “bumper harvests” following a production plunge in 2011/12.

Is There a Risk of Winter-kill for EU Cereal Crops?

Through December and most of January, temperatures have been above or close to average for the time of year in most parts of Europe, which the EU crop monitoring model indicates has caused very low levels of winter (frost) kill.

However, the warmer than average temperatures do mean that crops in these areas show a relatively low level of ‘hardening’, effectively meaning that crops are less ‘winter-ready’.

Also this week

In the UK, Defra’s latest Farm Business Income forecasts predict a decline in the profitability of farming across the majority of farming sectors and serve as a warning as to how much agriculture is susceptible to increased volatility.

~ Gemma

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This Week's Articles and Analysis

Market Reports

USDA Peanut Prices - 2 February 2015

Global Crop Industry News

   Global

Low Oil Prices Have Far-reaching Impact on Agriculture
Several Factors Cause Markets to Ease
Feed Outlook: Arable Output to Break Records By 2018
Feed Industry Discuss Critical Issues at 8th International Feed Regulators Meeting
Food Insecurity in Conflict Areas Must be Addressed
Urgent Help Needed in Malawi After Floods Destroy Food Production

   European Union

Is There a Risk of Winter-kill for EU Cereal Crops?
Latvia Presents Framework to EU Council

   United Kingdom

Decline Predicted in Profitability of UK Farming
Groceries Code Adjudicator’s Powers Welcomed by Farmers Union
Will Falling UK Wheat Futures Against US Maize Encourage Exports?

   United States

CME: Appreciation of US Dollar a Key Issue for Livestock, Poultry Companies
Purdue Extension of Allen County to Host Postharvest Workshop

   India

RAU Upgraded to Central University
India’s Rabi Sowing Down at 58.60 MN Hectares
India Approves $93 Million for Soil Health Cards
India’s Veg Oils Import up 16 Per Cent
Fiji Agri, Fisheries Minister Meets Radha Mohan Singh

   Russian Federation

All-Round Improved Sales for Cherkizovo Group in 2014

   China

Chinese Food Prices Rise Slightly

   Spain

Spanish Farmer Outcry over Oil and Fertiliser 'Paradox'

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