grain price News
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Tariffs Impact Grain Prices
You’re probably aware of the grain tariff happening over the last few months. Grain storage is on the top of our mind always, so we follow this related news just as closely. While it is an ever-changing situation we try stay informed. As we were doing some reading and review of the latest news we thought we’d share some of the information. It is always interesting to see the ...
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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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A Drop in Feed Prices Predicted – Molasses Storage Tanks
Farming UK has delivered promising news this week for farmers, and that’s of predictions by a leading analyst from a principal European Bank. Nan-Dirk Mulder of Rabobank expects feed prices to fall, despite the recent rise in grain prices as sparked by the crisis in the Ukraine. Prices of wheat, corn and soya (which has experienced some of it’s highest prices recently) will fall ...
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FAO calls on countries to adapt to food price volatility
The world’s food price problems are not over despite a current market lull, FAO Director-General José Graziano da Silva told a ministerial meeting on international food prices today attended by some 30 agriculture ministers. The Director-General acknowledged that this year’s meeting was taking place in a less troubled climate than the first event in October 2012, when ...
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Molasses Tanks and the Abolition of EU Milk Quotas
If you’re a dairy farmer, then the abolition of EU milk quotas next year is big news and the momentous event will restructure the face of European dairy farming. The rising costs of protein are triggering a re-think in the way in which cows are rationed and many farmers are now looking into alternatives that will enable feed costs to be kept under control and yet still allowing them to ...
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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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Food prices fall in November amid robust global inventories
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. The FAO Cereal Price Index fell 2.3 percent, with ...
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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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Conservation Tillage Conference March 2-3 Offers Tips for Farmers in Tight Economy
High input costs coupled with low grain prices anticipated in 2016 means that growers have to make smarter, calculated choices to grow profitable crops this year. Also important is the need to build and maintain healthy soils to help ensure good water quality, said Randall Reeder, a retired Ohio State University Extension agricultural engineer. Reeder is an organizer of the annual Conservation ...
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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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Rice serves up double measure of biofuel and fodder
Japanese scientists have found a potential answer to the biofuel dilemma that if you grow crops for energy, you have to sacrifice crops for food. They report that they can now ferment rice to deliver ethanol, while making silage for cattle feed –and that it can all be done on the farm without need for any expensive off-site processes. Mitsuo Horita, of the National Institute for ...
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FAO Food Price Index falls for the third consecutive month
The FAO Food Price Index is a measure of the monthly change in international prices of a basket of food commodities. It consists of the average of five commodity group price indices (representing 55 quotations), weighted with the average export shares of each of the groups for 2002-2004. Monthly release dates for 2013: 10 January, 07 February, 07 March, 11 April, 09 May, 06 June, 04 July, 08 ...
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2015 Farm Science Review Takes On Sharp Edge
Farmers and producers can gain a sharper edge and glean cutting-edge ideas from experts from the College of Food, Agricultural, and Environmental Sciences at The Ohio State University during this year’s Farm Science Review Sept. 22-24 at the Molly Caren Agricultural Center in London, Ohio. The Review will again emphasize the best agricultural research, resources, information and access for ...
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Food prices lower for longer
Agricultural commodities are going through a period of lower and less volatile prices, according to the FAO Food Outlook released today. After several dramatic upward price spikes from 2007 through early 2011, most cereal and vegetable oil prices are on a trajectory that is both steady and declining, the Outlook reports in a special feature. Among the reasons are high inventory levels, sharply ...
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Decisive Farming by TELUS Agriculture and GrainFox launch strategic partnership, supporting digital transformation for farmers
Decisive Farming by TELUS Agriculture, an innovative technology and data solutions provider, and GrainFox announced a new partnership to bring more digital grain trade and sell options to Canadian farmers, providing technology-based solutions to support the ongoing transformation of Canada’s agriculture industry. Between crop contracts, ever-changing market conditions, and the advice ...
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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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Fall Harvest Requires Increased Focus on Safety
Working long hours without an adequate amount of sleep is just one example of how farmers can increase their risk of injury during harvest, a safety expert with Ohio State University’s College of Food, Agricultural, and Environmental Sciences said. Knowing some simple safety precautions to take during harvesting is critical for farmers to reduce the potential for injuries, said Andy Bauer, ...
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A little nitrogen can go a long way
Varying the rate of crop production inputs such as fertilizer and seed makes intuitive sense, as farmers have long observed differences in crop yield in various areas of a single field. The availability of spatial yield information from combines equipped with yield monitors has provided a good resource for improved management. So, optimizing inputs to match yield potential of different areas ...
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Science: what has it done for the millennium development goals?
When the United Nations published the eight Millennium Development Goals (MDGs) in 2000, with aspirations including the ending of poverty and hunger; the promotion of gender equality and a reduction in child mortality, there was little mention of science. Yet most people involved in working towards the goals accepted that achieving them would rely on the successful application of science. Now, ...
By SciDev.Net
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Adverse weather pushes food prices up in October
Major food commodity prices rose in October, spurred by weather-driven concerns about sugar and palm oil supplies. The FAO Food Price Index averaged nearly 162 points in October, up 3.9 percent from September, while still down 16 percent from a year earlier. FAO's latest Cereal Supply and Demand Brief slightly trimmed its October 2015 forecast for global cereal production and now ...
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