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Crop Industry News By Category: Economics

24 July 2013
USDA Announces Results for 45th Conservation Reserve Program Sign-Up
US - Agriculture Secretary Tom Vilsack has announced that the US Department of Agriculture (USDA) will accept 1.7 million acres offered under the 45th Conservation Reserve Program (CRP) general...
23 July 2013
Jim Wyckoff's Tuesday Closing Grains: Corn Closes Lower
US - December corn futures closed down 12 cents at $4.86 Tuesday. Prices closed nearer the session low today and hit a fresh 2.5-year low. ...
Improving Productivity Could Boost Global Crops Value to $120 Billion
ANALYSIS - Studies into the financial value to agriculture of breeding more productive and resilient varieties of 29 of the world’s priority crops including wheat, potato and rice estimates...
Wyckoff's Weekly Grain Forecast: Weather is Paramount
ANALYSIS - Grain analyst Jim Wyckoff said the Midwest forecast continues to flip-flop which could easily keep the corn market volatile this week, writes Sarah Mikesell, TheCropSite senior editor....
22 July 2013
Jim Wyckoff's Monday Closing Grains: Soy Higher Off Prospects for a Hot August
US - December corn futures closed down 2 3/4 cents at $4.98 Monday. Prices closed near mid-range. ...
Farmers Agree to Call for Treasurer to Block Sale of Graincorp
AUSTRALIA - Nearly 300 farmers at NSW Farmers annual conference in Sydney have unanimously called for the Federal Treasurer to block the sale of GrainCorp to giant American agribusiness Archer Daniels...
19 July 2013
Four Million Syrians Unable to Produce or Buy Enough Food
SYRIA - Syria's food security situation has significantly deteriorated over the past year and domestic agricultural production will further decline over the next 12 months if the present conflict...
HGCA Announces £250k Investment to Add Value to Arable Products
UK - HGCA is investing £250,000 to develop market opportunities in the global chemical market for existing arable by-products and co-products....
18 July 2013
Jim Wyckoff's Thursday Closing Grains: Corn Closes Slightly Lower
US - December corn futures closed down 1 1/4 cents at $5.00 3/4 Thursday. Prices closed near the session high. ...
Challenges to a Competitive Cypriot Agriculture and Fisheries Sector
ANALYSIS - Cyprus has a high quality agriculture and fishery sector but due to high input costs the sector is not competitive. Lucy Towers, TheFishSite Editor, spoke with the Cypriot Minister...
17 July 2013
Jim Wyckoff's Wednesday Closing Grains: Rain Forecast Spooks Corn Bulls
US - December corn futures closed down 8 3/4 cents at $5.02 Wednesday. Prices closed near the session low, writes Jim Wyckoff, grain analyst. ...
Keys to Reducing Impact of Agriculture on Climate Change
GLOBAL - Land is not being used to its best advantage according to a new study by Ikerbasque Professor Unai Pascual from the Basque Centre for Climate Change (BC3) and University of Cambridge,...
16 July 2013
Jim Wyckoff's Tuesday Closing Grains: Midwest Heat Supports Corn, Soy
US - December corn futures closed up 7 3/4 cents at $5.11 1/4 Tuesday. Prices closed near mid-range. ...
Wyckoff's Weekly Update: Weather Provides Support, But Technical Bears Still in Drivers Seat
ANALYSIS - Grain analyst Jim Wyckoff said the market support this week stems from weather and export demand, but technically the bears are still in control, writes Sarah Mikesell, TheCropSite...
11 July 2013
Special Report: USDA Data a Bit Bearish for Corn, Soybeans, But Focus Already Back to Weather
ANALYSIS - The US Department of Agriculture on Thursday raised slightly its projected ending stocks figures for corn and soybeans, while slightly lowering wheat stocks, as of the end of their...
US Farm Subsidy Policies Contribute to Obesity Trends
US - Failure to consider public health in the formulation of agricultural policy has compromised the American nutritional environment by promoting the production and consumption of unhealthy...
10 July 2013
Agricultural Product Prices Fall
CHINA - Prices of edible agricultural products taken from a survey of 36 large and medium sized cities across China fell for the second consecutive week in the week of 24-30 June, according to...
Barriers Facing British Farming: Report Published
UK - Experts in farming, business and education have published their review into the opportunities and barriers faced by people starting careers in British farming....
China Pumps RMB2.58 Billion into Agricultural Industrialisation
CHINA - The central government has set aside a 2.58 billion yuan (417.31 million US dollars) subsidy to boost the amount of loans for the agricultural industrialization, the Ministry of Finance...
09 July 2013
Crop Progress: Weather Causes Volatility, Maturity Severely Behind
ANALYSIS - Unpredictable weather is set to cause price volatility throughout the remainder of the US growing season, writes Gemma Hyland for TheCropSite....
08 July 2013
Wyckoff's Weekly Update: Export Announcements Offer Support, But Bears Still in Control
ANALYSIS - The bears have the technical advantage for the near-term in the grain market, but export sales announcements from China for soybeans and wheat are lending support to start the week,...
07 July 2013
Allendale, Inc. Releases WASDE Expectations
ANALYSIS - Allendale Inc. has released their World Agricultural Supply and Demand Estimates. The report is due for release on Thursday, July 11 at 11 am CDT. ...
05 July 2013
Grains: Where are the Stops? Friday, July 5
US - Below are today’s likely price locations of buy and sell stop orders for the active corn, soybean and soft red winter wheat futures markets. ...
Morning Report: Market Awaits US Jobs Report
GLOBAL - The market place was on hold early Friday, awaiting the US jobs report. ...
04 July 2013
China Expected To Import More Wheat
CHINA - Chinese flour mills bought wheat from France in June, a rare purchase that highlights China’s concerns about its low-quality harvest amid recent declines in global prices....
EC Approves State Aid for German Flood-affected Farmers
GERMANY - The European Commission (EC) has cleared €600 million in German compensation aid after flood damage to the country's agricultural sector....
UP Blames Wheat Export for Low Supplies
INDIA - The Uttar Pradesh (UP) government has blamed wheat export permit for dismal procurement during the current rabi marketing season....
02 July 2013
Wyckoff's Tuesday Closing Grains: Corn Hits Another Fresh 2.5-Year Low
US - December corn futures closed up 1/2 cent at $5.01 3/4 Tuesday. Prices closed near mid-range and hit another fresh 2.5-year low. ...
Jim Wyckoff's Weekly Grain Forecast: July 4th Is Pivotal Week
ANALYSIS - This is historically a pivotal week for the grain market, and could set the trend for the rest of the summer, according to Jim Wyckoff, grain analyst for TheCropSite....
01 July 2013
Jim Wyckoff's Monday Closing Grains: Corn Hits Fresh 2.5-Year Low
US - December corn futures closed down 9 3/4 cents at $5.01 3/4 Monday. Prices closed nearer the session low and hit a fresh 2.5-year low. ...
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