Nearly three million acres of farmland in three southern U.S. states have been submerged by flood waters from the raging Mississippi River and its smaller tributaries, adding to troubles in seeding this year’s crops in the world’s top grain exporter. Although the area constitutes one per cent land seeded with major crops in the United […] Read more
“Once in a lifetime” flood submerges U.S. farmland
Poll sees U.S. corn at new peaks within months
U.S. corn prices will keep rising to new highs over the coming months, a new Reuters poll has found, as demand from ranchers and ethanol makers proves better able to withstand record costs than many thought. The forecasts will compound inflation concerns as higher feed costs filter through to beef and chicken prices. Analysts also […] Read more
Wheat May Peak Near $11 In 2011
Reading Time: 2 minutes U.S. wheat prices will rise above $8.50 a bushel this spring and may approach $11 if adverse weather damages the crop in the United States and other top growing nations, said an analyst who was the second closest in predicting prices in a Reuters poll last year. Worries about snug global supplies of milling wheat […] Read more
Russia Flexes Its Wheat-Export Muscle
Reading Time: 2 minutes “(Russia is) essentially taking bushel for bushel market share away from the U. S. while we are focused on burning our food (as biofuel)” bill lapp advanced economoic solutions president U. S. wheat production and slumping exports will continue to fade in coming years due to increasing competition in the global marketplace from lower-cost producers […] Read more
Quality Woes, Competition To Hurt U. S. Corn Exports
Reading Time: 2 minutes Corn exports from the United States, the world’s top seller of the grain, will struggle to hit the government target amid worries about U. S. corn quality and competition from other feed grain suppliers. The 2009 U. S. corn harvest was the longest in decades due to rainy, cool weather that cut the quality of […] Read more
U. S. Dairy Farms In Crisis As Milk Prices Turn Sour – for Feb. 16, 2009
Reading Time: 4 minutes Illinois farmer Linnea Kooistra expects to keep her 250-cow dairy farm afloat despite a rising tide of red ink caused by a collapse in milk prices, but other U. S. dairy farmers may be forced out of business. Many of the more than 60,000 dairy farms in the United States have cut costs, sold off […] Read more
Pests to thrive as global climate warms
Reading Time: 2 minutes Populations of insects that feed on corn and other crops in the United States may flourish and expand to new territory as global climate change brings warmer summers and milder winters in the decades ahead, according to a new study. More frequent or more severe pest infestations may cut crop yields and drive up the […] Read more