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Crop Industry News By Category: Economics

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. ...
Grain Hedge: USDA Acreage Report Sends New Crop Futures Lower
US - Friday’s report was a tale of two markets, as divergence between old crop and new crop futures continued. ...
Special Report: Bearish USDA Corn Acreage Estimate Weakens Grain Futures
ANALYSIS - US "new-crop" December corn futures fell to a 12-month low of $5.11 a bushel Friday after the US Department of Agriculture unexpectedly raised its estimate of US corn plantings this...
Corn, Soybean Market Prospects Following USDA Reports
US - The USDA’s 1 June "Grain Stocks" and "Acreage" reports contained estimates that were generally as expected for soybeans, but both reports contained surprises for corn. The estimates were...
GeoGrain: Grain Basis Collapses – For Now
US - With nearby July Futures reaching first notice day on Friday, basis levels plummeted to be on par with the expiring contract, writes analysts at GeoGrain. ...
27 June 2013
Grains: Where are the Stops? - June 27, 2013
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. ...
Allendale: Quarterly Grain Stocks, Planted Acreage June 2013 Estimates
US - Allendale Inc has released their estimates for USDA's Planted Acreage report, a survey taken of farmers during the first two weeks of June that reflects their responses for that particular...
The Role of AD in Sustainable Farming
UK - The sustainability of farming in general and bioenergy in particular are hot topics at the moment, with debates on Indirect Land Use Change (iLUC) at European level and the UK government...
26 June 2013
Jim Wyckoff's Wednesday Closing Grains: Corn Closes Steady in Pre-Report Trade
ANALYSIS - December corn futures closed down 1/2 cent at $5.44 in quieter, pre-report trading Wednesday. Prices closed nearer the session low. ...
China's Produce Prices See Slight Decrease
CHINA - The prices of farm produce in 36 major Chinese cities slightly retreated last week on rising supplies, according to new official data....
The Challenge of Feeding China
CHINA - With young, educated rural workers attracted by the lure of higher wages in urban areas, should the Chinese government take measures to ensure an adequate supply of labor for agriculture?...
25 June 2013
Jim Wyckoff's Tuesday Closing Grains: Corn Slightly Lower
US - December corn futures closed down 1 1/2 cents at $5.45 Tuesday. Prices closed near mid-range. ...
Wyckoff's Weekly Grain Forecast: Many Fields Remain Unplanted
ANALYSIS - Mixed trade is expected ahead of Friday's USDA reports although support is coming from strong demand, reports Jim Wyckoff, grain analyst for TheCropSite. ...
18 June 2013
Alberta Farmers Hope Crops Avoid Hail Damage This Year
CANADA - As crops start to grow and another hail season begins, farmers across Alberta are hoping to be spared from the kind of record hail damage that battered crops in every part of the province...
Growing Forward 2 Paves Way for Risk Management Initiatives
CANADA - Parliamentary Secretary for Agriculture, Pierre Lemieux, has announced up to C$15 million for the launch of a new Growing Forward 2 program to encourage the development and adoption...
17 June 2013
Europe Mops Up After Floods
ANALYSIS - At the beginning of the month Central and Eastern Europe experienced some of the worst floods it had ever seen, writes Chris Harris. ...
Biggest Australian Rice Crop in a Decade
AUSTRALIA - The country's biggest rice growing region has harvested its largest crop since 2002....
14 June 2013
Top Farmer Crop Workshop Helps Farmers Review Operations
US - Crop farmers will have the chance to re-evaluate their farming operations when Purdue University's Center for Commercial Agriculture hosts the annual Top Farmer Crop Workshop on 8-10 July....
13 June 2013
Jim Wyckoff's Thursday Closing Grains: Soybeans Close Lower
US - December corn futures closed down 1 cent at $5.36 1/2 Thursday. Prices closed nearer the session high and hit a fresh three-week low. ...
Ecuador Trade Team Visit Focuses on US Wheat Industry
GLOBAL - In an increasingly competitive world wheat market, US Wheat Associates (USW) must be positioned to help US wheat farmers take advantage of any market opportunity. ...
Corn, Wheat Futures See Modestly Bearish Reactions to USDA Report
ANALYSIS - Corn and wheat futures were moderately lower in the wake of the latest US Department of Agriculture monthly supply and demand report issued late Wednesday morning, writes Jim Wyckoff...
12 June 2013
Wyckoff's Wednesday Closing Grains: Corn, Wheat Reflect Bearish USDA Report
US - December corn futures closed down 13 1/4 cents at $5.37 1/2 Wednesday. ...
11 June 2013
Jim Wyckoff's Tuesday Closing Grains: Position Evening Ahead of Reports
US - December corn futures closed up 2 1/2 cents at $5.48 1/2 Tuesday. ...
Economist: Difficult to Estimate Corn Production
US - The corn market appears to be having difficulty anticipating the likely size of the 2013 US crop, writes Darrel Good, agricultural economist with University of Illinois. ...
Wyckoff's Weekly Update: Solid Corn, Soybean Planting Progress Last Week
ANALYSIS - Last week's weather has turned the market bearish and on Monday, the market was seeing some profit-taking, reports Jim Wyckoff, grain analyst for TheCropSite....
10 June 2013
Jim Wyckoff's Monday Closing Grains: Lower on Drier-Than-Expected Weather
US - December corn futures closed down 13 1/2 cents at $5.45 Monday. ...
07 June 2013
Rabobank: Global Demand for Orange Juice Declines
GLOBAL - Global demand for orange juice has been declining, particularly in the main consuming regions of Europe and North America, with global imports falling from 1.5 million tonnes in 2008/2009...
06 June 2013
Jim Wyckoff's Thursday Closing Grains: Corn Closes Higher
US - December corn futures closed up 4 cents at $5.46 1/4 Thursday. Prices closed nearer the session high. ...
05 June 2013
Jim Wyckoff's Wednesday Closing Grains: Corn Closes Steady
July corn futures closed up 3/4 cent at $6.61 1/4 Wednesday. Prices closed nearer the session low. ...
04 June 2013
Jim Wyckoff's Tuesday Closing Grains: Soybeans Lower Amid Profit Taking
US - July corn futures closed up 4 3/4 cents at $6.60 1/2 Tuesday. Prices closed nearer the session high. ...
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