Agriculture Farming Business to business Agribusiness daily news. |
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7. Tyson Foods Expects More High Corn Costs The world's largest beef processor and second-largest chicken producer, Tyson has used hedging strategies and higher prices on its products to diminish the impact. corn prices, a major cause of food inflation, are likely to remain high near term, meat company Tyson Foods inc. predicted Thursday. Prices that have exceeded $4 a bushel at times and are up 50 percent on the cash market from a year ago, are exacting a heavy toll on major protein producers such as Tyson, he said. Bond said...
Source • Forbes,NY •
8. G.K. Nair Though the tea prices have moved up after a long-time, the increase is not enough to extricate most of the plantations from the red. Though the tea prices have increased last year that was not enough to break even in many plantation companies which has only tea. Besides, increased consumption/demand could raise the prices also. Has the increased tea prices taken the plantations out of the red? The increased availability of tea from other origins appears to be pushing the prices down. The...
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9. Andhra to launch comprehensive crop insurance scheme Besides training the farmers under the skill enhancement project 'Poolam Badi', the government established soil testing and vermi compost centres, he said. Releasing a 'fact sheet' on the three-year performance of the Congress government in agriculture sector, the minister also outlined the future plans in horticulture and sericulture besides farm segment. The government is now selecting a group of farmers below 40 years of age with minimum qualification of SSC and confer them with title...
Source • Economic Times,India •
10. The Prairie Star Booth contracts the pressed beet pulp in early October, and the local prices are based on corn prices. They gained about 2.7 pounds a day with one implant; then, we changed from quality to production and now, we're disappointed if we get less than 3.5 pounds of gain a day. Nevertheless, Booth said he believes the pressed beet pulp is a good additive to a feed program and stores fairly well when packed like corn silage. Peltz said he has seen some variation between the different distillers...
Source • 5/11/2007 •
11. Report failed acreage to FSA Producer's who have crop insurance and have already notified their crop insurance agent of any loss will still need to contact FSA to ensure planting history is protected. Fuller, state executive director of the Kansas Farm Service Agency, reminds producers to notify FSA of any destruction of their crops that may have been affected by the low temperatures and the crop can not be re-planted. Appraisals will not be made by FSA and the only benefit will be a protection of history credit. Any...
Source • High Plains Journal,KS •
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