grain price News
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The Future for Farmers is Bright - Positive Outlook Seen for Coming Years
After coming off of a record year, Agriculture and Agri-Food Canada is expecting farm incomes to remain high for Canadian farmers in 2015. The 2015 Canadian Agricultural Outlook was released today, pointing to a strong future for the agricultural sector. The report provides an overview of the current situation in Canadian agriculture and some of the key longer term drivers that will influence the ...
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Data highlights - U.S. feeds one quarter of its grain to cars while hunger is on the rise
The 107 million tons of grain that went to U.S. ethanol distilleries in 2009 was enough to feed 330 million people for one year at average world consumption levels. More than a quarter of the total U.S. grain crop was turned into ethanol to fuel cars last year. With 200 ethanol distilleries in the country set up to transform food into fuel, the amount of grain processed has tripled since 2004. ...
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Global harvest prospects improve for maize, wheat and rice crops
Staple food prices rose in August even as grain prices fell and the outlook for global cereal production improved. The FAO Food Price Index, released today, averaged 165.6 points in August, up 1.9 percent from July and almost 7 percent from a year earlier. The monthly jump was mostly driven by cheese and palm oil quotations, while those for wheat, maize and rice all fell. FAO raised ...
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Ohio State Economist Offers 2016 Grain Market Outlook
Grain prices aren’t likely to rise next year thanks to stagnant demand growth and ample grain supplies, says an agricultural economist with the College of Food, Agricultural, and Environmental Sciences at The Ohio State University. With the slowing Chinese economy contributing to stagnant demand growth and the ample supply thanks to large harvests in major production nations the past two ...
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Grão Direto and Bayer collaborate to expand the reach and impact of sustainable practices in grain trading
Grão Direto, the largest digital platform for grain trading in Latin America, developed in collaboration with Bayer the introduction of the “Sustainable Practices Badge” on its digital marketplace. The badge indicates which farmers on the platform are utilizing agronomic practices that are more beneficial to the environment. The initiative allows the startup to provide even ...
By Bayer AG
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High-yield crops have curbed agricultural land expansion, but care needed to avoid negative biodiversity effects
The widespread use of higher-yielding improved varieties of crops as part of the Green Revolution’ has averted the conversion of between 18 to 27 million hectares of forests, woodlands and pastures in the period 1965 to 2004, according to a recent study. However, its authors caution that the relationship between these crops and land use change is complex, and good governance is needed to ...
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FAO Food Price Index steady in February, palm oil rises
The FAO Food Price Index was stable in February, as falling sugar and dairy prices offset a substantial jump in vegetable oil prices from the previous month. Averaging 150.2 points for the month, the FAO Food Price Index was virtually unchanged from a revised 150.0 points in January and down 14.5 percent from a year ago. FAO also issued its first forecast for the world's 2016 wheat harvest, ...
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