Heat Index Shows Higher U.S. Corn Yields, Record Crop

Reading Time: 2 minutes The U.S. corn belt is enjoying one of its best growing seasons in years, according to a Reuters analysis of government temperature data, that looks likely to boost yields and deliver a record crop. The number of growing degree days, a method of measuring temperatures between 50 and 86 degrees Fahrenheit considered to provide the […] Read more

CME Fears Not Upstart Australian Wheat Contract

Reading Time: 2 minutes Chicago Board of Trade, the world’s largest grain exchange, has no fear of its wheat contract being challenged as the global benchmark for prices by an upstart from Australia, a senior official said Apr. 3. Australia’s stock exchange operator, ASX Ltd., plans for its hard wheat export futures contract to begin trading in May, opening […] Read more


U. S. Dairy Group To Trim Herd

Reading Time: 2 minutes A U. S. dairy group on April 1 launched a plan to buy out an unspecified number of cows in a bid to arrest the slump in milk prices, which have dropped nearly 40 per cent from a record high last June. A sharp decline in exports and reduced domestic demand in the wake of […] Read more