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Crop Industry News By Category: Economics

16 January 2015
Will Falling Oil Prices Cheer Farmers in 2015?
US - The rapid fall in global oil prices seems to have taken many by surprise. The price of crude oil has declined sharply over the past seven months, creating a list of ‘winners and losers’,...
15 January 2015
Canadian Governments Invest C$6.9 Million into Crop Research
CANADA - Federal Agriculture Minister Gerry Ritz, and Saskatchewan Agriculture Minister Lyle Stewart have announced nearly C$6.9 million for crop-related research through the Saskatchewan Agriculture...
14 January 2015
USDA Offers $18 Million to Support, Train New Farmers and Ranchers
US - The US Department of Agriculture (USDA) is offering more than $18 million in funding to help educate, mentor and enhance the sustainability of the next generation of farmers....
NZ Agritech Sector Worth NZ$1.2 Billion
NEW ZEALAND - New Zealand's agritechnology sector was worth approximately NZ$1.2 billion in 2013 according to new research into the size, value and future potential of the sector....
12 January 2015
Exit From EU Poses Risk to Farming
SCOTLAND - The EU referendum is the biggest threat facing British farming, Scotland’s Rural Affairs Secretary Richard Lochhead has warned. Leaving the EU could see UK farmers lose Common Agricultural...
09 January 2015
Anglo-German Scholarship Announced at Conference
UK - The Oxford Farming Conference is to fund three students to attend Agritechnica in Hanover, Germany, as part of a joint scholarship with the young member German Agricultural Society, Young...
08 January 2015
Greenhouse Gas Calculator Wins Science Award
UK - A greenhouse gas calculator developed at Aberdeen University is this year’s winner of the Practice with Science Award run by the Oxford Farming Conference....
06 January 2015
Lower Grain Prices Help US Ethanol Stocks to Swell
US - The latest data in relation to ethanol production and stocks suggests that US ethanol producers are continuing to take advantage of relatively inexpensive grains, despite five-year low gasoline...
Northern Ireland Minister Sets Out Agriculture, Fishery Priorities for 2015
NORTHERN IRELAND, UK - Agriculture Minister Michelle O’Neill has set out priorities for 2015, noting that it will be a challenging year but that the government will continue to work in partnership...
02 January 2015
Chinese Food Prices Rise Slightly
CHINA - The prices of major farm produce in China rose slightly last week according to a survey of 36 large and medium-sized cities by the Ministry of Commerce....
Slide in Ruble to Hit Chinese Agricultural Exports
CHINA - The falling ruble and the financial troubles in Russia are putting trade links between Russia and China at risk....
19 December 2014
Purdue to Offer Online Course in 'Agronomy Essentials'
US - Purdue University's Department of Agronomy is offering a distance education course to give farmers and agribusiness professionals a comprehensive baseline understanding of agronomy and agronomic...
18 December 2014
Chinese Farm Produce Prices Rise Slightly
CHINA - Farm produce prices rose slightly in the first week of December, according to a Ministry of Commerce survey of prices in 36 large and medium sized cities....
16 December 2014
Oilseed Prices Take a Tumble on US Crush Data
US - Chicago soyabean prices moved lower at yesterday’s close after the US National Oilseed Processors Association (NOPA) published their latest crush data....
Corn Price Strength Continues
US - March 2015 corn futures traded to a high of $4.115 on December 15, the highest level since July 10 and $0.80 above the low reached on October 1, writes Darrel Good. ...
15 December 2014
No Ban on Bonus on Purchase Price of India Wheat
INDIA - The Government has not put any ban on bonus on purchase price of wheat, but has decided that a surplus under decentralised mode of procurement (DCP) State gives bonus to farmers for wheat...
12 December 2014
Survey: Market Volatility Taking Toll on Farmers
UK - After the last two NFU survey results revealed a largely positive outlook within agriculture, latest results show a marked dip in short term confidence among farmers and growers....
11 December 2014
UK Finally Becomes Net-exporter of Wheat
UK - The latest data from HMR&C shows that in October the UK exported more wheat than it imported – the first time since May 2012....
05 December 2014
Market Analyst: How Are Markets and Weather Affecting Grains?
ANALYSIS - Mike Zuzolo discusses the major market developments this week....
China Extends Tax Breaks for Farmers to Boost Agriculture
CHINA - China is to extend tax breaks to farmers to encourage banks and insurers to support agriculture....
03 December 2014
Farm Incomes to 'Fall Sigficantly' in 2015
IRELAND - Following a relatively stable 2014, a new report from Teagasc economists suggests a mixed bag in terms of possible income developments across Ireland’s farming sectors during the...
28 November 2014
EU Farmers Reimbursed €868 Million
EU – Farmers across Europe are being reimbursed a total of €868 million in direct aid by the Common Agricultural Policy....
21 November 2014
Market Analyst: How is Harsh US Weather Affecting the Markets?
ANALYSIS - Mike Zuzolo discusses the major market developments this week....
17 November 2014
SEAI Launches Paid Marketplace for Members
INDIA - To help members to sell and promote thier products, the Solvent Extractors Association of India (SEAI) has lauched a new platform called marketplace to help the members to market their...
14 November 2014
Market Analyst: USDA Fails to Meet Trade Expectations
ANALYSIS - Mike Zuzolo discusses the major market developments this week....
How Are the Wheat Markets Faring?
GLOBAL - Despite a forecast rise in global stocks, US markets have resumed their upward trend, supported by strength from neighbouring soy and corn markets, writes David Sheppard, Gleadell’s...
13 November 2014
Call for Cooperation to Rebuild Markets
GERMANY - A call has been sent out to build cooperation between Germany and Russia to rebuild markets in the face of the current ban on agricultural exports from the EU....
12 November 2014
Several Years of Lower Crop Prices Predicted
INDIA - Grain producers should consider cutting costs to prepare for what could be several years of lower crop prices, Purdue University agricultural economists say....
11 November 2014
USDA Reports Provide Some Surprises for Corn
US - Based on the worn adage that "big crops get bigger", analysts generally expected the USDA's November Crop Production report to contain larger forecasts for the size of the current US corn...
'Outdated' Energy Sources Cost British Farming Sector Almost £300 Million A Year
UK - A new report out this week has revealed that the British farming sector wastes £300 million each year by using outdated off-mains energy sources....
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