Corn Corn research Seed technology Food markets daily news. |
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2. DA assures sufficient corn supply The Department of Agriculture has assured the public of sufficient corn supply in the wake of report that the country is having a shortage in its production. Moreover, Yap said the increase in local corn prices is merely a reflection of what is happening in international markets which has also increased corn prices of the higher worldwide demand for corn due to biofuel use. DA assures sufficient corn supply. He said that since feed users are competing to buy the summer crop for its...
Source • Visayan Daily Star,Philippines •
3. INTEREST IN ETHANOL DRIVES UP CORN CROP Jefferson County s corn acreage had declined to under 10,000 acres for the past several years, but may increase by as much as 300 percent this year, Plunkett said. The driver? Ethanol, which is elevating corn prices and prompting growing interests in building ethanol or biodiesel production facilities in Southeast Arkansas. Soybean acres in some counties have moved into corn production, according to our specialists. But throughout the state and around the nation, the number of acres being...
Source • Pine Bluff Commercial,AR •
4. Growth of ethanol industry likely to boost competition for corn Generally, the growth of the ethanol industry likely will reduce the amount of corn available for exports or livestock feed. However, the higher corn prices may be negative for some of the livestock producers that will have to bid for corn against ethanol plants and foreign exports. In a short crop year, the potential is for very strong corn prices as ethanol plants and other corn-dependent industries bid for limited stocks. If there is a short crop from either a drought or flooding, it is...
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5. New Rootworm Corn Trait Raises Concern At this time, it is not known if the event will receive approval by Japan and other corn export markets in time for harvest in the United States this fall. Grain dealers and ethanol plants concerned Ethanol plants fear that corn grain with the Agrisure RW trait could get mixed in with other corn and show up in the distillers dried grains or DDGs - a byproduct of ethanol processing that is used for animal feed. The new biotech event is being offered for sale in some of Syngenta's corn...
Source • Wallace's Farmer,IA •
6. Good: May S/D Report Important for Markets corn and soybean production and consumption during the 2007-08 marketing year will be important benchmarks, a University of Illinois Extension marketing specialist noted that considerable uncertainty will persist for several months. The first projections for the 2007-08 marketing year will be included. In addition, the National Agricultural Statistics Service (NASS) will release a forecast of the size of the 2007 U. Copyright 2007 Illinois Agricultural Association.
Source • Illinois Farm Bureau,IL •
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