CNS Canada — A mixture of extremely wet conditions in 2014 and a projected dry outlook for southwestern Manitoba are leading one corn expert to predict fewer corn acres in the province in 2015. “The southwest was wet, wet, wet and now they’re expecting to be dry, dry, dry. Neither of those conditions is great […] Read more
Manitoba corn acres expected to be ‘down or flat’
Cargill begins selling GM corn seed at centre of lawsuits
Reuters — Cargill has started selling a variety of genetically modified Syngenta corn seed that previously disrupted U.S. grain trading, now that China has approved imports of the biotech crop. Cargill, one of the top U.S. grain exporters, began selling seed containing the Agrisure Viptera trait last month and scrapped a policy that required farmers […] Read more
Seasonal pressures to weigh on CBOT soybeans, corn
CNS Canada — Soybean futures at the Chicago Board of Trade (CBOT) moved lower during the week ended Wednesday and could be due for more losses, given the seasonal trends and looming South American crops. “As long as South America has no real weather problems… it will be hanging over the soybean market,” said Scott […] Read more
CBOT soybeans poised to drop below US$10
CNS Canada — The Chicago Board of Trade soybean futures market has dropped sharply during the week ended Wednesday, and is poised to fall even further. “For March soybeans, I think it could potentially trade back to the US$9.45-$9.50 per bushel area,” said Terry Reilly of Futures International in Chicago (all figures US$). A bearish […] Read more
Brazil says key soy road won’t be paved until 2016
Brasilia | Reuters –– An important road for soy and corn shipments linking to ports in northern Brazil will not be paved until 2016, the country’s transport minister said on Tuesday. President Dilma Rousseff said last year that the highway, known as BR-163, would be ready by mid-2015 as the government tries to relieve crowded […] Read more
U.S. farmland rents soften with grain prices
Reuters — U.S. farmland rents for 2015 are on track to be down 5 to 10 per cent from the top fees of a year ago due to lower grain prices, but landowners remain stubborn about deeper cuts and some are adding clauses to boost revenue if grain prices bounce back. More than half the […] Read more
New record corn yield — 503 bushels
Randy Dowdy of Valdosta, Georgia has been declared winner of the U.S. National Corn Growers Association 2014 National Corn Yield Contest with an all-time record of 503 bushels per acre. The 18 winners in six production categories had verified yields averaging more than 383.6 bushels per acre, compared to the projected national average of 173.4 […] Read more
China approves Viptera corn, two types of soybeans
Chicago | Reuters –– A top Chinese government official said the country has approved imports of genetically modified Agrisure Viptera corn and two varieties of biotech soybeans after years of review, U.S. Agriculture Secretary Tom Vilsack said Wednesday. Chinese Vice-Premier Wang Yang said imports of Viptera corn, known as MIR 162, had been approved by […] Read more
China approves Syngenta’s Viptera corn: reports
Chicago | Reuters — Chinese authorities have informed some agriculture industry officials that the government has approved U.S. imports of a type of genetically modified corn that has sparked lawsuits against seed maker Syngenta, according to reports from Agri-Pulse and Bloomberg. Syngenta will make an announcement about Chinese government approval of Agrisure Viptera corn, known […] Read more
Syngenta sees China approving contentious GM corn soon
Chicago | Reuters — Syngenta expects to win Chinese government approval soon for imports of a type of genetically modified corn at the center of lawsuits over U.S. grain shipments rejected by Beijing, a company spokesman said Friday. Syngenta, one of the world’s largest seed companies, will make an announcement when it receives official documentation […] Read more
Cyber-Savvy Farmer
