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TheCropSite Newsletter - 24 January 2012

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The Crop Site

Tuesday 24th January 2012.

Sarah Mikesell - TheCropSite Senior Editor

Sarah Mikesell
Senior Editor

Editorial: Welcome to TheCropSite Newsletter

On Friday afternoon and Saturday morning amid a Midwest snow storm, I had the pleasure of participating in the Allendale Ag Leaders Conference - Maximizing the Opportunity of Global Change held in Crystal Lake, Illinois, USA. Following are a few highlights from the Allendale team.

Wheat - Concerning supply, China and India both grow wheat but the big question is "Can they grow enough to sustain their supply with their growing populations?" The EU is using a lot of their wheat as feed wheat versus feeding corn, but when they do export wheat, it goes primarily to African countries like Algeria, Morocco and Egypt. Overall, the world is expecting record wheat production at 689 million tonnes.

Soybeans - The US soybean supply is expected to be at 3.6 billion bushels and use at 3.2 billion bushels, while Allendale estimates carryout next year could be at 4500 million bushels. Looking at world soybean production, Brazil, Argentina and the US have increased production over the last 10 years, but China has backed off soybean production, in favor of corn. Last year, China bought one-third of the total world exports, with a big chunk coming from Brazil.

Corn - From a production standpoint, Argentina pales in comparison to the US, with their total production equaling that of the US state of Minnesota. However, when it comes to exports, Argentina is a major player. The US exports only 13 per cent of their production, while Argentina exports 70 per cent. The world's top three corn importers are Japan, Mexico and South Korea. China ranks #9 on this list and is expected to buy only if they have a production problem.

Watch our headline news over the next several weeks for more from the Allendale conference, including a 2012 World Weather Outlook.

Have a great week!


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Oilseeds Market Update: China's Soy Purchases Fall
Chinese data released this week has put total 2011 soybean purchases at 52.64Mt down 4% from 2010 levels.

Soybean Trial Results Show Differences in SCN Control
The soybean cyst nematode (SCN) is one of the most damaging pests of soybean in Iowa and throughout the Midwest, writes Greg Tylka, Iowa State Department of Plant Pathology and Microbiology.

Carbon to be Returned to the Soil
In contrast to miners that dig the coal out of the soil, a new research project supported by the EU will be putting the coal back into the soil.

Be the Early Bird on Summer Weed Control
Western Australian growers are urged to control summer weeds as soon as possible, even it means getting out the boomspray while completing harvesting programs.

Climate-Friendly Businesses Need Europe
International agreements are required to solve the climate problems. The Danish Commission on Climate Change Policy’s proposal to introduce an energy tax risks making it both harder and more expensive for energy-intensive Danish companies to compete globally.

Corn Defenses Probed for New Pest-fighting Clues
A clearer picture of corn’s biochemical responses to insect and fungal attacks is emerging, thanks to new findings by Agricultural Research Service scientists in Gainesville, Florida.

A Search for the Sweet Spot In Sugar Beet Production
The whole point of growing sugar beets is to produce sugar. But once the beets are harvested and stored for processing—usually in huge piles that can weigh thousands of tons—they slowly start to decay, which lowers their sucrose levels.


United States

CME: Corn Futures Closed Higher Friday
Understanding the Surprise in Corn Stocks Estimate
New RMA Rule Gives Flexibility in Cover Crop Termination
CME: Corn Finished Higher Tuesday
Certification Programme Benefits Agriculture and Environment
Pairing Poncho/VOTiVO with AERIS Improves Cotton Vigor, Yield
Texas Weather: More Rain Lessened Drought, But Not Enough
CME: Corn Closed Lower Wednesday
Broadening Feedstocks Eligible For RFS
Sorghum Production Estimated Sharply Lower for 2011/12
Efforts to Control the Mississippi Result in Flooded Farmland
CME: Corn Closed Higher Thursday
Dow AgroSciences SmartStax® Continues Corn Rootworm Control
It's Still about Yields: Developments in Drainage
Corn Harvested Acreage & Yield Forecast Up for 2011/12
GeoGrain: WASDE Boosts Basis Levels
Bulls in the Driver’s Seat for Now
Feed Grain Supplies for 2011/12 Up This Month
Sweeten Up Your Profits with Right Hybrid
Corn Price Swings to Continue?
CME Expands Offering with Grain and Oilseed Swaps
CME: Corn Futures Finished Higher Monday

United Kingdom

Discovery of Plant ‘Nourishing Gene’ Brings Hope
Get on the Right Track with The UK Pesticide Guide 2012
Record Apprentice Numbers for John Deere & Babcock

Germany

BASF Abandon GM Crop Production in Europe

Australia

Weed Suppressing Wheat Put to Test in WA Trials
NSW North Coast Farmers Try Again at Growing Cotton
Ethanol Switch to Leave 750,000 Australian Motorists Out of Pocket

Korea, South

Minister Urges Greater Efforts to Boost Farm Exports

Denmark

Danish Minister Gjerskov Believes in the Future of Agriculture

General

Mekong River Delta Sets Rice Export Target
Green Activists 'Won't Win Ban' on Soybean Imports
Drought and Floods Hitting Agricultural Production
Highest Growth Potential in Zambia Because of Consolidation in the Ag Sector
World Corn Trade, US Corn Exports Boosted This Month

Philippines

Sagay To Go For Sorghum

Mexico

Mexico: Record Output of Basic Grains in 2011

Ireland

Irish Agriculture Set To Continue Growth

Netherlands

DSM Highlights 100 Years of Vitamins

France

France Determined to Continue GM Maize Ban

European Union

CAP Celebrates 50th Birthday
Measures to Manage Markets Need Strengthened
Launch of 50th Anniversary of CAP Campaign

Uganda

Rice Farming in Uganda to Begin in March

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