Rabobank’s Food & Agribusiness Research team says that local Chinese beef producers are facing many challenges, making it difficult for domestic production to catch up with demand in China’s beef market.
In the report, the bank’s Food & Agribusiness Research team says that with the notable exception of the U.S., bullish poultry market conditions are turning bearish due to recent grain price hikes caused by turmoil in Ukraine and El Niño-related worries
“The U.S. Grains Council welcomes the announcement of an aggressive stewardship program for the release of Syngenta seed trait Agrisure Duracade to minimize the risk of export trade disruption. It is important for all sectors of the value chain -- individual farmers, technology providers, shippers and exporters alike -- to recognize the potentially significant international implications of their actions. The Council therefore urges producers who choose to plant Agrisure Duracade in 2014 to adhere carefully to their stewardship responsibilities in order to minimize the risk to U.S. export sales.
“Today’s unfortunate reality is that biotechnology approval systems around the world are...
In 2013 Kazakhstan exported 5.023 million tons of wheat, a 32-percent decrease compared to 2012, Novosti-Kazakhstan reported citing the country's Statistics Agency.
In monetary terms, the wheat export last year amounted to $1.235 billion, a 21.9-percent decrease on-year.
In 2013 Kazakhstan also exported 1.859 million tons of wheat and rye flour (16.2 percent down) worth $575 million (4.3 percent down).
Kazakhstan, one of the world's largest grain exporters, harvested 14.5 million tons of wheat in 2013. In 2012 the harvest was 12.8 million tons. In 2011 the country saw a record high grain harvest at almost 27 million tons.
China may become one of the major sales markets for Kazakh...
According to a BMO Economics Agriculture Report, released today, the Canadian livestock industry is set to benefit from a variety of factors this year, including lower feed costs, the weaker loonie and expected stronger economic growth on both sides of the border. Between the bovine spongiform encephalitis (BSE) crisis, fluctuating feed prices, the global recession, and the longer-term appreciation of the loonie, Canadian hog and cattle producers have faced almost every conceivable challenge over the past decade or so, said Aaron Goertzen, Economist, BMO Capital Markets. Fortunately, the pendulum has finally started to swing in the other direction, which has positioned the industry...
Feb. 22--Wisconsin farmers aren't finding much humor in a new television comedy that has exploding cows and an underlying serious message critical of large-scale agriculture.
Produced by the restaurant chain Chipotle Mexican Grill, the comedy series "Farmed and Dangerous" satirizes the lengths to which corporate agribusiness and its image-makers go to create a positive image of industrial agriculture, Chipotle says.
The first episode of the show, which began this past week on Hulu and Hulu Plus, focused on farmers planning to feed cows petroleum pellets -- a move meant to boost profits by lowering costs but which backfires when a cow explodes.
Cargill Inc, the top exporter of U.S. grain and oilseeds, said it will reject crops containing a new genetically modified Syngenta AG corn trait that are delivered to its grain elevators for export contracts.
Corn seeds containing Syngenta's Agrisure Duracade trait are available for planting in the United States for the first time this year after U.S. authorities cleared the trait in 2013. The trait has not been approved for import by China or the European Union, both major buyers of U.S. crops. To read more click here.
HOUSTON (ICIS)--The US Department of Agriculture (USDA) increased corn exports by 150m bushels, which lowers current ending stocks to 1.481bn bushels, in the release of the February World Agricultural Supply and Demand Estimates (WASDE) report on Monday.
With the revised figures the USDA is now projecting exports will total 1.6bn bushels and is giving some expectations that crop prices will hold firm heading into the 2014 planting season which will commence in the key growing regions over the next six weeks as weather permits.
In January the agency had projected there would be about 1.631bn bushels carried over but the latest USDA estimate paints a picture of a market growing...
This week's U.S. Grains Council Chart of the Week shows that U.S. sorghum sales to China have surged in the current 2013/2014 marketing year that began Sept. 1, 2013, up from zero last year to more than 1.6 million metric tons (62.9 million bushels) of combined exports and outstanding sales this year through Jan. 24. U.S. sorghum exports and outstanding sales to Japan also are up this year – from 91,700 tons (3.6 million bushels) last year to 270,400 tons (10.6 million bushels) this year.
China provides a new opportunity for U.S. sorghum sales partly because of access barriers to U.S. corn in China. Although China's domestic corn prices are well above world market levels,...