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Review of USDA’s 2013-14 Projections for Corn, Soybeans
2013-02-26 01:00:00| ThePigSite - Industry News
US - The USDA’s Interagency Commodity Estimates Committees prepared projections for the 2013-14 US marketing year for corn and soybeans (as well as other crops) presented at the USDA’s 2013 Agricultural Outlook Forum on 22 February, writes Darrel Good.
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Dog food recall underscores toxic danger in drought-hit U.S. corn
2013-02-25 22:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: High levels of a dangerous toxin found in bagged dog food on a grocery store shelf in Iowa have highlighted the prevalence of a problematic mold in last year's U.S. corn crop, as state and federal officials work on limiting the food safety concern. "Last year's corn crop - it is a huge issue. We test every load coming in. And we reject a lot of loads," said Michael Wright, chief executive officer of Pro-Pet, an Ohio-based pet food manufacturer that learned last week some of its product was tainted...
Corn ethanol challenged
2013-02-23 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Living on Earth: Corn based ethanol makes up 10% of the fuel mix in the US and EPA has approved a 15% mix. But last year 20 ethanol producers closed up shop. Wallace Tyner, an energy economist at Purdue University explains to host Steve Curwood why small ethanol producers simply can't turn a profit. Transcript CURWOOD: The current gasoline we put in our cars - E10 - contains 10 percent ethanol. Corn-based ethanol helps provide income for American farmers, and a federal mandate for ethanol aims to reduce global...
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$7.50 Corn: Good or Bad?
2013-02-22 19:55:00| Corn & Soybean Digest
In two years or possibly even in six months, many corn producers will recognize that $7.50 corn may well have been the worst thing that has happened to them in the last 10 years. Ive said before that I am of very strong opinion that corn prices are in the midst of the biggest bear market in history. I am sure some readers have laughed at such a statement and others have thought I have lost my mind. I am convinced that $7.50 corn is actually going to be one of the worst things that has happened to a Midwest corn farmer in a long time. read more
What Will $4.80 Corn, $10.50 Beans Mean for Your Farm Operating Budget?
2013-02-22 19:35:00| Corn & Soybean Digest
Source: Farmgate blog How will your farm operating budget look with $4.80 corn and $10.50 soybeans? Many farmers will have a problem covering their breakeven cost with USDAs projection for the average prices of the 2013 corn and soybean crops. Nevertheless those prices were suggested Thursday at the annual USDA Outlook Forum during the presentation of Chief Economist Joe Glauber. read more
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operating
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