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7. Ethanol spurs corn planting But even as some analysts said lower prices from a record corn crop would be a good thing, keeping animal feed and food costs from rising sharply, others warned that the report was only a prediction and farmers have plenty of time to reconsider before the end of corn-planting season. But even as some analysts said lower prices from a record corn crop would be a good thing, keeping animal feed and food costs from rising sharply, others warned that the report was only a prediction and...
Source • Kansas.com,KS •
8. CattleNetwork.com Some market analysts had projected 90 million acres or more. The trade was guessing the corn acreage number would be about 88 million acres. The best growing conditions for many years in the Great Plains and strong wheat price seems to have caused the winter talk about replanting fall-planted wheat to row crops this spring to fade away. crop of soybeans last fall and the record crops of Brazilian and Argentinean soybeans being harvested right now give the world an ample supply of soybeans...
Source • AgWeb •
9. Govt under pressure to return AWB's veto power There is pressure on the Federal Government from within its own ranks to return the power of veto over wheat marketing to AWB, as farmers say the uncertainty is killing buyer confidence. The Government has yet to decide on a way forward for wheat export arrangements, after stripping AWB of its export power in the wake of the oil-for-food scandal. Queensland Senator Ron Boswell says the measure is needed to give growers certainty in planting this year s crop over coming months. WAFarmers,...
Source • Blues Country Magazine,Australia •
10. THE GRAIN REPORT Big acres and a wet forecast in the winter wheat belt leaves us bearish. The importance here is it shows their turning to Brazil's harvest to fill more near term needs slowing US exports but we still had higher sales over a year ago of 220 t. Some had thought spring wheat acres could lose as much as 3 to 4 m. Friday's USDA planted acreage report estimated that bean acres to be planted this spring will be 67. Though very bullish for our summer growing season, the market saw fit after a 40...
Source • FXstreet.com The Futures Market,Spain •
11. Business Standard Columnists The government s optimism is buttressed by the substantial rise in wheat acreage in the rabi season obviously encouraged by the higher prices for the commodity. April-May are the two crucial months for wheat procurement by the government agencies as the crop arrivals will stop after the onset of the monsoon in June. Apart from the problems associated with the recent weather patterns, the larger problem is the declining proportion of the crop that public agencies buy. The latest estimate of...
Source • 3/31/2007 •
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