A continuing decline in crop and livestock prices will pull down U.S. farm income for the third year in a row, but this year’s decline will be a modest 2% or 3%, said a USDA forecast, far milder than the combined 31% plunge of the past two years. Large crop-support payments, estimated at $9.5 billion for ARC, PLC, and LDPs, would buffer a 4% drop in livestock receipts and a 1% fall in crop receipts.
The U.S. 2015 corn and soybean crop sizes did not increase as much as the trade expected, and the amount of those crops being stored did not build as much either, according to the USDA Tuesday.As a result, the CME Group’s corn, soybean, and wheat markets have spiked higher. At the close, the March corn futures settled 5 cents higher at $3.56 3/4. March soybean futures closed 13 1/4 cents higher at $8.74.
U.S. farmers will harvest 13.9 billion bushels of corn, the second-largest crop ever, and 3.785 billion bushels of soybeans next year, USDA said in its first projections of the new crop. The new crops would follow three years of bumper crops since the searing 2012 drought.
With the world population rising, demographers are grappling with one of the most pressing issues of the century - will there be enough food for an extra two to four billion people?
Major food commodity prices fell in November, reversing about half their rise in the previous month, as the cost of internationally-traded staples, except for sugar, fell across the board.The FAO Food Price Index averaged 156.7 points in November, down 1.6 percent from its revised October average, and 18 percent below its value a year earlier.
Volume is down and volatility is up. All three wheat markets pushed into new lows last week, but Chicago was the only one that managed to get back into its range late in the week after the dollar was sharply lower. KC and Minn. bumped back into the range but couldn’t hold. After a couple of weeks with Chicago losing to KC and Minn., it appears to be reasserting it strength against those two markets.
The Allseeds Black Sea flag says – Going forward! The company team explain this motto as being in advance, not giving up and staying strong in the pursuit of your goals! And much is achieved since the company "reincarnated" in 2010.
The evidence of this is a grand opening of an oil-extracting plant on July 16, 2015 in Yuzhny port, Odessa - a modern enterprise designed and provided with an up-to-date equipment and built in just 18 months-involving Alexei Pavlenko, Minister of agrarian policy and Mikheil Saakashvili, Governer of Odessa region.
Ukrainian Agrarian Confederation made a rating of agricultural exporters, that have received a VAT refund from yet a newly appointed government, during Apr-Oct, 2014. The absolute leader in the amount of the received cash flows from the budget is OOO "Kernel-Trade", which received 1.2 billion UAH of VAT refund. Behind him confidently and "almost in lockstep" go companies "IMPEROVO-FUDZ" (750 million UAH) and "CREATIVE-RAZLIV" (703 million UAH).
Ukrainian Agrarian Confederation made a rating of grain exporters from Ukraine as the result of the 2013/14 marketing year. Rankings covered major crops - corn, wheat, and barley, and oilseeds - rape and soybeans, shipments of which represents the main export performed with using the same infrastructure (terminals). The absolute leader is "NIBULON".
The AIC’s non-government professional organizations support execution of an agreement concerning the deep and comprehensive free trade area with the EU. The non-government professional organizations, such as the European Business Association, Agrarian Union of Ukraine, Association of farmers and private landowners of Ukraine, the Ukroliyaprom Association, the Ukrainian Club of Agrarian Business Association,