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TheCropSite Newsletter - 03 March 2015

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Tuesday 3rd March 2015.
Gemma Hyland - TheCropSite Editor

Gemma Hyland

Global Analytics



How Much Money Could We Save by Cutting Food Waste?

Between $120 billion and $300 billion a year by 2030, according to a new report.

But how achievable is this?

According to the report, to achieve this target would require a 20-50 per cent reduction in consumer food waste.

Currently, one third of all food produced in the world ends up as waste, while the value of global consumer food waste is more than $400 billion per year - continue reading.

Also this week...

Latest estimates from the International Grains Council (IGC) again saw increased production estimates for the 2014/15 world wheat harvest.

Global wheat production is forecast at 719Mt, up 2Mt from the previous forecast, mainly driven by an upward revision the Argentinian forecast from 12.5Mt to 13.9Mt.

Although demand forecasts were increased by 1Mt to 709Mt, it would still suggest a global wheat surplus of around 10Mt at the end of this season - read more.

Do Lower Prices Mean Fewer Acres?

Lower energy prices, lower transportation costs, the appreciation of the US dollar, drought intensification in the West, and the Farm Bill implementation will affect the agricultural economy in the US over the short term. 

Record global crops for grains and oilseeds have contributed to stock rebuilding, lowering concerns about price volatility, softening export demand, and reducing expected prices for the 2015/16 marketing year - read more.

~ Gemma

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Market Reports

USDA Peanut Prices - 2 March 2015
USDA Peanut Stocks and Processing - 2 March 2015
IGC Grain Market Report - 2 March 2015
Europe Mars Bulletins - 2 March 2015

Global Crop Industry News

   Russian Federation

Cherkizovo Sees Profits Rise

   United States

Economic Models Give Insights Into Global Sustainability Challenges
Do Lower Prices Mean Fewer Acres?
USDA Announces Funding for Research, Education, Extension
Center for Food Integrity CEO to Discuss ‘Big Food’


Regulating Genome-edited Crops that Aren't Strictly GMOs


Cutting Food Waste Could Save Global Economy $300 Billion
World Wheat Production Pointing to Larger Surplus


Agriculture Key to Caribbean Food Security and Coping with Climate Change

   United Kingdom

European Commissioner Promises to Simplify CAP
Strategy Laid out to Make British Farming More Competitive
NFU to Government: 'Ensure Farming Can Thrive'


India’s Sugar Output up 2.18 Million Tonnes
India’s Food Grains Production Down by 8.15 Million tonnes
India’s Rabi Crops Sowing Down by 4.14 Million Hectares


Polish Farmers March for Land Rights and GM Issues

   European Union

EU Vote on Biofuels ‘Undermines Food Security’

   Cape Verde

Drought-Stricken Cape Verde Receive Animal Feed, Crop Seeds


Biomass fuel & power Cangress & Expo - April 15-16, 2015 Russia
The 4th International Exhibition of ecological and organic products - EcoCityExpo 17-19 April 2015


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