Latest News

Crop Industry News: Global

17 April 2013

World’s Gene Pool Crucial for Survival
GLOBAL - Conserving and making the most of the planet's wealth of genetic resources will be crucial for survival, as people will need to produce sufficient and nutritious food for a growing population,...

16 April 2013

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...

15 April 2013

Jim Wyckoff's Morning Report: Gold and Silver Markets Crash
GLOBAL - Gold and silver futures markets are leading a downdraft in the raw commodity sector as the new week begins. Both gold and silver markets have crashed the past two trading sessions....

12 April 2013

Jim Wyckoff's Morning Report: Markets Prepare for Data Release
GLOBAL - A heavy slate of U.S. economic data is due for release Friday, including the producer price index, retail sales, the University of Michigan consumer sentiment survey, and manufacturing...

Food Price Index up Slightly in March on Higher Dairy Prices
GLOBAL - The FAO Food Price Index (FPI) crept higher by one per cent in March compared with a month before, driven mainly by an 11 per cent increase in dairy. Dairy products carry a 17 per cent...

11 April 2013

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)...

10 April 2013

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...

Cargill Earnings Down 42 Per Cent, Pressured by Drought-inflated Feed Costs
GLOBAL – US-based Cargill reported net earnings of $445 million in the fiscal 2013 third quarter ended Feb. 28, down 42 percent from $766 million in the same period a year ago. ...

09 April 2013

Jim Wyckoff's Morning Report: European Central Bank May Lower Interest Rates
In overnight news, it was reported that China’s consumer price inflation came in lower than expected, at a 2.1% annual rate in March versus expectations of a 2.4% rise. This is a bullish...

08 April 2013

Jim Wyckoff's Morning Report: Shot of Confidence Delivered to Market Place
The market place has gotten a shot of confidence the easy money policies of the major central banks of the world will remain in place for quite some time to come, and that is a bullish...

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...

05 April 2013

Jim Wyckoff's Morning Report: Traders Await Employment Report
Traders and investors are awaiting Friday morning’s release of the U.S. Labor Department’s employment situation report, which is arguably the most important U.S. economic report of the...

04 April 2013

Jim Wyckoff's Morning Report: North Korea Threats 'Taken Seriously'
The latest “international incident” is North Korea and its bellicose rhetoric toward the U.S. and South Korea. North Korea has publicly threatened to attack the U.S. with nuclear missiles...

03 April 2013

Jim Wyckoff's Morning Report: Eurozone Inflation Slowest for Two Years
In overnight news, there were new developments on the Cyprus banking crisis front Wednesday. The island nation reached an agreement with the IMF for an additional 1 billion Euro “lifeline”...

02 April 2013

Jim Wyckoff's Morning Report: EU Unemployed at Record Levels
GLOBAL - In overnight news, there was more dour economic data coming out of the European Union Tuesday. The number of Euro zone unemployed workers rose to a record level in February, which...

What Will Weed Resistance Cost You This Year?
ANALYSIS - For farmers in the northern hemisphere, it’s about time for planters to start rolling. While seed decisions were likely made months ago, herbicide decisions are usually a wait-and-see...

01 April 2013

Jim Wyckoff's Morning Report: EU Debt Crisis Remains Undercurrent in Risk Assessment
In overnight news, most European markets were closed Monday for the Easter holiday. The Cyprus bank bailout situation has calmed down for the moment, but the overall European Union sovereign...

28 March 2013

Jim Wyckoff's Morning Report: Markets Watch Cyprus as Banks Open
GLOBAL - The market place has its eyes on Cyprus as banks there opened for business Thursday after an extended closure during the Cypriot banking crisis, writes Jim Wyckoff....

27 March 2013

Jim Wyckoff's Morning Report: Are Stock Market Bulls Running out of Steam?
GLOBAL - Equities prices worldwide have been rallying recently, with the US Dow and S&P 500 stock index prices at or near record highs, writes Jim Wyckoff....

Variability of Corn DDGS Prompts Need to Measure Nutritional Profiles
GLOBAL - The added nutritional variability caused by the extraction of oil from corn dried distillers grains with solubles has raised the need for tools that will provide accurate estimates of...

26 March 2013

Jim Wyckoff's Morning Report: Cyprus Bailout 'Template for Future'
US - The market place is still digesting the agreement reached Monday among European Union finance ministers, the International Monetary Fund and the Cyprus government on a bailout for...

International Call for Crop Improvement Projects Launched
UK & INDIA - BBSRC and India's Department of Biotechnology (DBT) have announced a joint call for collaborative research proposals that underpin the use of genomics and associated bioinformatics...

25 March 2013

Jim Wyckoff's Morning Report: Cyprus Bailout Agreed
GLOBAL - In an 11th-hour agreement early Monday morning, European Union finance ministers, the International Monetary Fund and the Cyprus government came to terms on a bailout for Cyprus’ financial...

Jim Wyckoff's Weekly Grains Forecast
ANALYSIS - Jim Wyckoff, global grain analyst, explains key market drivers for the week of 25 March, 2013. Choppy trade is expected in the grain markets ahead of Thursday's USDA Prospective Plantings...

Looming Threat of Water Scarcity
ANALYSIS - Last Friday - 22 March - was World Water Day. It is held each year as a means of focusing attention on the importance of freshwater and advocating for the sustainable management of...

24 March 2013

Grain Hedge: Cyprus Spoils Outside Market Rally, Grains Remain Resilient
GLOBAL - News out of the European Union over the weekend and the tiny island of Cyprus renewed concerns surrounding the Euro Zone last week, according to grain analysts at Grain Hedge. ...