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Crop Industry News By Category: Economics

22 April 2013
Jim Wyckoff's Weekly Grain Market Forecast
ANALYSIS - Jim Wyckoff reports that drier weather in the US corn belt may allow for some rapid planting. However, there is pressure on soybeans as a result of bird flu outbreaks, writes Gemma...
Billions in Support, but Biofuel Benefits 'Are Small'
SWITZERLAND - European taxpayers and consumers spent between 9.3 and 10.7 billion euros subsidising biofuels in 2011 with relatively small gains for the environment and the economy, according...
20 April 2013
Grain Hedge: Volatile Weak for Macro Markets, Grain Hold Tight
US - The Dow Jones Industrial Average, gold, and oil all fell sharply for the week. These macro markets were mostly driven by worse than anticipated Chinese GDP and by weaker than expected domestic...
GeoGrain: Domestic and International Markets Impact Soy Basis
US - It was a tale of two markets this week in the cash soybean market. ...
USDA Grain Review: Bids Mixed on Weather, Lower Chinese Growth, Bird Flu
GLOBAL - Compared to last week, grain and soybean bids traded mixed. ...
19 April 2013
Abolition of Wages Board a 'Step Forward' for Industry says NFU
UK - The path is now clear towards the abolition of the Agricultural Wages Board (AWB) following this week's clearance in the House of Commons, according to the National Farmers' Union (NFU)....
17 April 2013
Grains: Where are the Stops? Wednesday, April 17
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. ...
16 April 2013
Jim Wyckoff's Tuesday Closing Grain Comments
US - July corn futures closed up 12 3/4 cents at $6.40 3/4 Tuesday. Prices closed nearer the session high and saw short covering, writes Jim Wyckoff. ...
Grains: Where are the Stops?
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, writes Jim Wyckoff. ...
Jim Wyckoff's Morning Report: Boston Terror Attack Jolts Already Shaky Attitudes
GLOBAL - The market place had much going on Monday, and then the afternoon terror attack in Boston jolted already shaky trader and investor attitudes, writes Jim Wyckoff. ...
Jim Wyckoff: Boston Terrorist Attack Jolts Already Shaky Investor Attitudes
ANALYSIS - The market place had much going on Monday, and then the afternoon terror attack in Boston jolted already shaky trader and investor attitudes, writes Jim Wyckoff....
Wheat Growers Welcome US Support for Japan’s Entry to Trans-Pacific Partnership
GLOBAL — The US wheat industry welcomed President Barack Obama's announcement that the US will support Japan’s bid to become the 12th country to join Trans-Pacific Partnership (TPP) trade...
New Program to Help Industry Promote Benefits of Agriculture
CANADA - Federal Agriculture Minister Gerry Ritz and Saskatchewan Agriculture Minister Lyle Stewart have announced the new Agriculture Awareness Initiative as part of the Growing Forward 2 framework...
15 April 2013
Farmers Encouraged to Pursue Anaerobic Digestion
UK - This year the UK’s biggest dedicated anaerobic digestion (AD) and biogas event, UK AD & Biogas, will focus heavily on the farming sector, recognising the huge heat and power potential...
13 April 2013
GeoGrain: Basis Levels Stagnate
US - Corn and soybean basis showed limited movement over the last week as a recent slide in futures coupled with record high basis levels keeps basis bids mostly stable. ...
Grain Hedge: USDA Reports Push Grains Higher
US - The USDA released its latest round of monthly Supply/Demand reports on Wednesday with the result being favorable for the grains. ...
12 April 2013
Investment in US Rail System Necessary to Meet Agriculture’s Needs
US - As millions of bushels of US soybeans crisscross America’s roads, rails and waterways on their way to export markets, a soy-checkoff-funded study says more would ship more cheaply and...
11 April 2013
Jim Wyckoff's Thursday Closing Grain Market Update
ANALYSIS - Following are today's significant developments in the US grain futures markets, writes Jim Wyckoff for TheCropSite....
Jim Wyckoff's Morning Report: Fed Officials Debate whether to Shut Bond-buying Program
In overnight news, Philadelphia Federal Reserve Bank President Charles Plosser said in a speech in Tokyo the Fed should start winding down its bond-buying program (quantitative easing)...
Philippines Department of Agriculture Promotes Hybrid Rice
PHILIPPINES - The Department of Agriculture is allotting P500 million to encourage more farmers to plant hybrid rice varieties, and contribute in attaining national rice sufficiency by the end...
10 April 2013
Jim Wyckoff's Wednesday Closing Grain Market Update
ANALYSIS - Following are today's significant developments in the US grain futures markets, writes Jim Wyckoff for TheCropSite....
Jim Wyckoff's Morning Report: Speculation on FOMC Outcomes
Traders are awaiting the Wednesday afternoon release of the latest minutes of the U.S. Federal Reserve’s Open Market Committee (FOMC) meeting from March. ...
US Grain Futures Weaken Modestly in Wake of USDA's Supply and Demand Report
ANALYSIS - Grain futures markets were under modest selling pressure in the wake of the latest US Department of Agriculture monthly supply and demand report issued late Wednesday morning, writes...
CME: USDA Expected to Revise Estimates of Corn Ending Stocks
GLOBAL - Following a grain stocks report that was significantly different that what trade was expecting, USDA will update on 10 April its grain and meat protein balance sheets, write Steve Meyer...
Brazil Faces Looming Transport Fuel Shortfall
BRAZIL - A new report concludes that Brazil will be unable to meet its domestic light vehicle demand for fuel as soon as 2017 if recent trends continue....
Alberta Farmers Hope for Profitable Growing Season Amid High Crop Prices
CANADA - High crop prices are fuelling the possibility of a profitable growing season as Alberta farmers prepare for spring seeding....
09 April 2013
Jim Wyckoff's Tuesday Closing Grain Market Update
US - Following are today's significant developments in the U.S. grain futures markets, writes Jim Wyckoff for TheCropSite....
08 April 2013
Jim Wyckoff's Monday Closing Grain Market Update
ANALYSIS - Following are today's significant developments in the US grain futures markets, writes Jim Wyckoff for TheCropSite. ...
Jim Wyckoff's Weekly Grain Market Forecast
ANALYSIS - Jim Wyckoff reports market support stemmed from China's purchase of US wheat. However, the one to watch and potential market mover this week is Wednesday's USDA Supply & Demand report,...
Allendale Inc. Releases Supply & Demand Pre-Report Estimates
ANALYSIS - Allendale, Inc., an agricultural brokerage and consulting firm in the Chicago area, predicts USDA will lower corn feed and residual use in their release of the World Agricultural Supply...
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