10. Market watch With corn rallying to buy acres this spring, soybeans will try to keep pace with corn as not to lose out on seeded acres. The USDA s final estimate of the 2006 production not only shocked the market, but also scared end users into aggressively scrambling for coverage via the cash markets, futures and options markets. There should be at least 3 million acres rotated from soybeans to corn in 2007, therefore, corn will have to compete with soybeans, spring wheat, oats and other small grains...
Source • •
11. Corn production boosts S. Cotabato town's economy Of the town's total agricultural land area of 24,034 hectares, 61 percent is being utilized for corn production, only 28 percent for palay farming and 11 percent for high value crops. Corn has played, and will continue to play, an important role in sustaining our local economy as well as the country's corn industry," said Mayor Isidro Janita. And signs are not around that the town will cease to be a major agricultural producer, with officials banking on the decades-old corn industry to...
Source • Sun.Star,Philippines •
12. Area grower hopes for best after freeze Cold weather made a surprising sweep through Alabama over the weekend, but local agriculture experts say it could be two or three weeks before any costly effects are seen. With corn crops, Luker said the older stalks, usually those that are 8 inches or higher, will have the more severe damage. If they have a limited amount they can cover them, but if they have a big field of crops, there s nothing we can tell them to do. For the wheat, it s almost harvest time and once the heads have...
Source • Daily Home Online,AL •
13. DJ CBOT Corn Outlook: Weaker Start Seen After USDA Report USDA trimmed the feed usage category for corn by 125 million bushels, to 5.850 billion bushels as livestock operators are feeding less higher-priced corn to animals and are substituting other grain, such as wheat, in animal rations. Analysts said it's likely the market will only be influenced for a short time on the report's finding, leaving traders to look to other influences for price direction. Corn carryover was seen at 877 million bushels, above with the 826 million-bushel trade...
Source • High Plains Journal,KS •
14. Profitability depends on corn yields, prices exceeding soybeans With corn out-yielding soybeans four to one, a yield loss of 10 percent seems insignificant, especially considering the futures price for corn is more than $4 per bushel, while soybeans are priced at $8 per bushel. More corn also means the potential for more drying, harvesting, storage and handling costs as more bushels are taken out of the field. Nitrogen prices, relative corn and soybean prices, level of nitrogen used and so forth stand to impact the breakeven price when comparing...
Source • American Farm,MD •
15. Cool snap could cripple crops Corn plants with less than six leaves on them still have their growing tips below the ground and will be protected, Erwin said. Area crops and gardens could be in danger if temperatures fall below freezing during the next couple of days. One natural defense the young plants have going for them is that with the recent warm temperatures, the ground is still very warm. Wheat is nearing its harvest time and is at an important point in its development, but it is a hardy plant. Though the plants...
Source • Bastrop Daily Enterprise,LA •
16. Monsanto 2Q Profit Boosted by Corn Sales LOUIS (AP) -- Monsanto co., the world's largest seed company, said Wednesday a booming market for corn-based ethanol has fueled its corn seed sales and boosted profits by 23 percent in the second-quarter. But the profit margin on corn helped offset the pinch on other crops, delivering a net gain for Monsanto's seed division, Crews said. Monsanto supplies seeds for corn and other grains that are designed to yield more crop per acre. The company also makes and sells agricultural chemicals...
Source • 17 hours ago •
17. Biofuels: More than just ethanol What many don't realize, is the potential for other crops, besides corn, to provide an alternate energy source to fossil fuels. Farmers have begun planting corn in the hopes that its potential new use for corn will be a new income source. Scientists studied the greenhouse gas emissions and bioenergy of corn, hybrid poplar, switchgrass, and other crops to determine the efficiency of various biocrops in terms of energy consumption and energy output. The study, "Net greenhouse gas flux of...
Source • 3 hours ago •
18. Crop growers fear the worst after record heat in March, then an April ... Memphis Commercial Appeal - Memphis' Source for News and Information: Business Member Center.Sign In.Contact us. Site map.Archives. Mobile Edition.Email Updates. Subscribe to the paper LocalBusinessNation/WorldObituariesOpinionEditorials Letters To The EditorOpinion ColumnistsLocal ColumnistsPolitics. Memphis Commercial Appeal - Memphis' Source for News and Information: Business Member Center.Sign In.Contact us. Site map.Archives. Mobile Edition.Email Updates. Subscribe to the paper...
Source • 12 hours ago •
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