 |
USA. Grain prices looking good
23.09.2010 11:18 "Agro Perspectiva" (Kyiv) —
Farmers in Iowa have plenty of reason to smile as they head into the fields this fall, assuming they get a crop to match the strong prices.
The Agriculture Department lowered its estimate of the nation’s corn harvest by 2 percent, to 13.2 billion bushels, a move that was no surprise to traders who have sharply bid up the price of corn in recent weeks.
Because of that smaller forecast and tightening grain supplies, the USDA raised its estimate of the average price that growers will get for this year’s corn crop to $4.40 a bushel, a 60-cent increase over the estimate made in August.
In other years, the higher corn price would be tough on livestock and ethanol producers, but this year prices for cattle, pork and ethanol have risen sharply, keeping those sectors profitable even with the rise in cost of their main input, corn, analysts say.
«It’s been real interesting to see these markets jump like they have. It’s a good time to be farming,» said Max Schmidt, who produces 30,000 hogs a year and also grows corn and soybeans near Elma.
Hog prices «have been exceptionally strong recently, and I look for that to continue,» he said.
Profit margins on hogs hit $35 a head in August, an unusually high level that was welcome news to producers who had weathered heavy losses in recent years, according to Iowa State University analysts…
…Cattle prices, meanwhile, have been running between 90 cents and $1 per pound and may go higher barring a downturn in the economy, Ellis said…
22.12.2024 |
|
 |
|
|
 |
05:26 |
FAO transfers 185 generators, 6,474 grain hoses to Ukrainian farmers in 2024 |
|
03:53 |
The EU agri-food trade surplus increased by 15% in September 2024, reaching EUR 6 billion |
19.12.2024 |
|
|
|
|
|
09:05 |
World coffee production for 2024/25 is forecast 6.9 million bags higher |
18.12.2024 |
|
|
|
|
|
23:11 |
China’s Expanding Coffee Consumption |
17.12.2024 |
|
|
|
|
|
22:37 |
Bangladesh Soybean Import Recovery Expected to Continue |
14.12.2024 |
|
|
|
|
|
21:03 |
World apple production for 2024/25 is forecast to fall nearly 350,000 tons to 84.0 million |
13.12.2024 |
|
|
|
|
|
09:11 |
U.S. Fresh Pear Exports Fall on Historically Low Harvest |
10.12.2024 |
|
|
|
|
|
21:03 |
Indonesia Grain Imports to Subside after 2023/24 Record |
|
08:14 |
Higher vegetable oil quotations drive up FAO Food Price Index, but lower cereal and sugar prices temper the rise |
|
07:45 |
Cereal trade revised downwards amid weaker demand |
02.12.2024 |
|
|
|
|
|
23:17 |
Prime Minister: Some 50 partner countries have joined the humanitarian demining coalition |
|
22:56 |
Norway pledges additional $4.5 mln to Ukraine's Grain from Ukraine initiative |
01.12.2024 |
|
|
|
|
|
03:30 |
EU agri-food trade slowed down in August 2024 |
26.11.2024 |
|
|
|
|
|
00:06 |
Global sugar production, compared to last year, is estimated up 2.8 million tons to 186.6 million |
24.11.2024 |
|
|
|
|
|
04:43 |
During the Operation of Our Grain From Ukraine Program, We Have Managed to Save 20 Million People from Hunger – Zelenskyy |
|
04:15 |
Ukraine Is Ready to Share Technologies, Military Experiences and Processing Methods with African Countries – the President |
22.11.2024 |
|
|
|
|
|
10:15 |
South Africa Sugar Production and Exports Estimated Down |
19.11.2024 |
|
|
|
|
|
23:04 |
Global Olive Oil Production Forecast to Rebound in 2024/25 |
|
22:47 |
Vitalii Koval discusses Ukraine's European integration with European colleagues |
|
16:06 |
EBRD, European Union and United States help Kyiv prepare for winter |
18.11.2024 |
|
|
|
|
|
09:21 |
Agriculture Development Strategy 2030 – a roadmap to the EU |
|
09:19 |
Ukrainian farmers have sown 96% of projected winter crop area |
01.11.2024 |
|
|
|
|
|
20:31 |
Ukraine has officially joined the International Fund for Agricultural Development |
|
20:29 |
Ukrainian farmers harvested 63.7 million tonnes of grains and oilseeds |
25.10.2024 |
|
|
|
|
|
22:50 |
Agriculture hit hard: October port strikes rack up 30-40 million dollars in losses |
|
21:04 |
Ministry of Agrarian Policy expects exports to rise in dollar terms |
|
10:57 |
Ukrainian corn seed flows to Europe in further farm trade shift |
24.10.2024 |
|
|
|
|
|
23:02 |
Tree Nut Import Markets Highly Concentrated |
23.10.2024 |
|
|
|
|
|
11:18 |
Prime Minister UK warns Russian threat to global stability is accelerating as Putin ramps up attacks on Black Sea |
15.10.2024 |
|
|
|
|
|
09:35 |
Brazil Continues to Dominate Growth in Global Chicken Meat Exports in 2025 |
11.10.2024 |
|
|
|
|
|
23:33 |
China Cottonseed Imports Show Strong Demand in Recent Years |
|
20:30 |
India Removes Rice Export Ban, Spurring Additional Trade |
30.09.2024 |
|
|
|
|
|
17:27 |
List of agricultural machinery with cost compensation expanded to 11,300 items |
29.09.2024 |
|
|
|
|
|
20:21 |
1 in 11 people worldwide faced hunger in 2023, 1 in 5 in Africa If current trends continue, about 582 million people will be chronically undernourished in 2030, half of them in Africa |
|
17:13 |
EU agri-food surplus increased in the first half of 2024 |
27.09.2024 |
|
|
|
|
|
09:02 |
BASF presents new corporate strategy: BASF is setting a new direction for portfolio steering, capital allocation and performance culture |
26.09.2024 |
|
|
|
|
|
10:25 |
BASF sets new direction with corporate strategy and maintains high level of shareholder distributions |
21.09.2024 |
|
|
|
|
|
18:30 |
Three new sites recognized as Globally Important Agricultural Heritage Systems (GIAHS) |
17.09.2024 |
|
|
|
|
|
09:52 |
Cargill and Ducks Unlimited Working Together to Restore Watersheds Across North America |
|
08:44 |
FAO calls for G20 cooperation as hunger targets continue to elude |
|
06:40 |
FAO sees open trade as a cornerstone of global food security |
13.09.2024 |
|
|
|
|
|
07:08 |
U.S. Soybean Meal Hits 10‐Year High for Export Sales |
12.09.2024 |
|
|
|
|
|
21:26 |
U.S. Corn Exports Buoyed by Large Supplies |
11.09.2024 |
|
|
|
|
|
04:30 |
Global cereal production 2024 forecast on par with 2023 output, cereal trade likely to contract |
06.09.2024 |
|
|
|
|
|
11:35 |
FAO Food Price Index down marginally in August: lower sugar, meat and cereal quotations offset higher dairy and vegetable oil prices |
|
10:34 |
Cargill acquires two US feed mills, strengthens production and distribution capabilities to grow with customers |
05.09.2024 |
|
|
|
|
|
09:23 |
PM: Plan to develop small generation facilities to reduce vulnerability to terrorism |
30.08.2024 |
|
|
|
|
|
05:03 |
Taras Vysotskyi discusses agricultural cooperation with Hungarian counterpart István Nagy |
19.08.2024 |
|
|
|
|
|
12:00 |
OTP BANK RECEIVED A $2.76 MILLION GRANT FROM USAID INVESTMENT FOR BUSINESS RESILIENCE ACTIVITY FOR CONCESSIONAL LENDING TO MICRO, SMALL, AND MEDIUM-SIZED ENTERPRISES |
16.08.2024 |
|
|
|
|
|
17:10 |
Cargill and Goanna Ag Pilot Irrigation Efficiency Technology on Mississippi Delta Cotton Fields |
Also available: 
|
| |
|
|
