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Thursday, March 31, 2016

Drought Rapidly Expanding Across Kansas - Market News - News | ProFarmer

Drought Rapidly Expanding Across Kansas - Market News - News | ProFarmer: According to the updated National Drought Monitor, drought is rapidly expanding across Kansas, with 74% of the state now impacted by some form of drought, an increase of 17% from the previous week. Drought also expanded across Oklahoma, with 59% of the states now covered, compared to 35% the previous week. Texas has 25% now covered by drought, an increase of around 10% from the previous week.

USDA Delivers ‘Big Shock’ in Corn, Wheat Acres | Agweb.com

USDA Delivers ‘Big Shock’ in Corn, Wheat Acres | Agweb.com: “The big shock was in the acres report,” said Jerry Gulke, president of the Gulke Group in Chicago, speaking with Farm Journal Radio after USDA released its grains stocks and Prospective Planting reports Thursday. “Last year, we planted 88 million acres, and this year’s estimate is 93.6 million… that’s almost 4 million acres more than the average trade guess. There were a lot of people who were wrong, and wrong big time.”

Women Farmers Band Together To Vent, Seek Support And Exchange Ideas : The Salt : NPR

Women Farmers Band Together To Vent, Seek Support And Exchange Ideas : The Salt : NPR: Aubrey Fletcher knew she wanted to work on a dairy farm ever since she was a little girl.

"I do remember my mom asking, 'Are you sure that's what you want to do?' " Fletcher recalls. She knew the work would be tough — she grew up milking cows every day. But it's what she wanted.

Analysts Brace for Bearish News in Grain Stocks | Agweb.com

Analysts Brace for Bearish News in Grain Stocks | Agweb.com: “Generally, the trade is looking for a bearish report, with quarterly stocks up year-over-year for all three major grain markets,” said DuWayne Bosse, of Bolt Marketing in Britton, S.D.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are quiet with minimal change ahead of the USDA reports. The US Dollar continues to decline as equity indices remain firm.

The report everyone has been waiting for will be released at 11:00 am CT. Trade average estimate for Corn planted acreage is 89.972 million acres, soybeans 83.057 million acres and wheat 51.702 million acres.

Below is how much one million acres planted could impact ending stocks, according to Rich Nelson, Allendale’s Chief Strategist:

Wednesday, March 30, 2016

Farmland rental prices are causing issues for new rental farmers

Farmland rental prices are causing issues for new rental farmers: Farmland rental prices and crop demand prices normally fluctuate with one another. But in the past 5 years, farmers who rent the land they cultivate say they've felt a brunt of the drop in prices for their yields. Between 2007 and 2012 both corn and soybean prices have depreciated, yet land rental prices have stayed the same. This spelled trouble for those trying to make a start in the Agg business.

October's floods having impact on SC farms' production rate | News, Weather, Sports, Breaking News | WACH

October's floods having impact on SC farms' production rate | News, Weather, Sports, Breaking News | WACH: South Carolina farmers that took a big hit during October's historic floods are now starting their seasonal planting, but are looking at making some significant changes.

Hertz Real Estate Services | Farms For Sale

Hertz Real Estate Services | Farms For Sale

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are near unchanged as traders wait for USDA report.� The US Dollar is lower on follow through selling after dovish comments from the Fed Chairman Yellen. Equity futures are near contract highs.

The long awaited USDA Prospective Plantings report is only about 30 hours from its release. Trade is expecting an increase of 2 million acres from last year in corn and only marginal increases in the soybean planted acreage. Many are thinking the USDA will be under estimating the corn planted acreage.� Planting season weather and farmers financial situation will make the difference during late April and early May.

Tuesday, March 29, 2016

Fewer Farms, Bigger Operations | Successful Farming

Fewer Farms, Bigger Operations | Successful Farming: Agricultural consolidation, under way for eight decades, is putting a seemingly ever-larger portion of U.S. farmland into the hands of large-scale operators. USDA estimates 376 million acres – 41.2% – of farmland was controlled by 8% of farmers last year. That’s an increase of 11 million acres in three years, when farmers with more than $500,000 in sales held a hair less than 40% of the land.

Solar Irrigation Pumps: A New Way of Agriculture in Bangladesh | End Poverty in South Asia

Solar Irrigation Pumps: A New Way of Agriculture in Bangladesh | End Poverty in South Asia: On a recent field trip to northern Bangladesh, the smiles of Habibur, a young man working in a rice field�under the scotching sun�caught my attention. Habibur, 28, looked content amidst the wide green vista of fields. �
I learned that his life had not been easy. His father died when Habibur was around four years old, and the family had no land. His young widowed mother started working as a day laborer to raise her only child. Habibur began working too in his mid-teens. Mother and son struggled, but they managed to save some money.� They first bought a cow, and later Habibur leased land for rice cultivation. This is a common practice in rural Bangladesh, where the yield is divided between the farmer and the owner of the land.

Planting Preview 2016: Farmers in Northeast Weigh Crops' Costs, Benefits | Agweb.com

Planting Preview 2016: Farmers in Northeast Weigh Crops' Costs, Benefits | Agweb.com: Low commodity prices, the fickleness of spring weather and the possibility of a hot, dry growing season are among the top concerns for farmers in Ohio, New York and Pennsylvania this year as planting approaches.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as wheat and soybean oil provide the support. Crude oil falls below 39.00 per barrel as US Dollar is steady. Traders are waiting for more USDA data.

Monday, March 28, 2016

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: The major influence to grain prices this week is the USDA Prospective Planting and the Quarterly Stocks report on Thursday at 11:00 am CDT. Trade estimates for planting from Bloomberg are: Corn 89.998 million acres (Allendale’s est. 90.431), Soybeans 83.070 million acres (Allendale’s est. 82.575), Wheat 51.665 million acres (Allendale’s est. 51.769).

Sunday, March 27, 2016

Citrus soil still rich in farming | ChronicleOnline.com

Citrus soil still rich in farming | ChronicleOnline.com: Farming times sure have changed in Citrus County.

The number of farms are up but acreage is down.

People are moving from the cities to buy “mini farms” in Citrus, tracts of 20 acres or less for cattle, chickens or horses.

Over the years some of the largest chunks of farmland were sold to developers. Expensive homes now dot the landscape that was once scattered with watermelon.

Citrus County’s landmark farming family names — Rooks, Stokes, Bellamy, among others — continue to work the farms just as their grandparents did. Others, through age or economics, have subdivided the land and moved on.

Data making farming a matter of precision - Journal-Courier - myjournalcourier.com

Data making farming a matter of precision - Journal-Courier - myjournalcourier.com: Agriculture is a business of inches and acres.

The newest precision agriculture technology can help farmers precisely plow, plant, fertilize and harvest in the same narrow area year after year, maximizing their productivity and minimizing monetary and environmental expense. It can help farmers apply fertilizer only where it’s needed, avoid under or over-seeding difficult areas like irregular field edges, accurately measure the productivity of each part of a field, and utilize every square inch of land to generate a profit.

NASA Satellite Images Show Farmlands Across India On Fire As Farmers 'Slash And...

NASA Satellite Images Show Farmlands Across India On Fire As Farmers 'Slash And...: Instruments above the $8 billion Suomi NPP satellite detected "dozens of fires burning in India", outlined in red.

Northern Iowa sees bounty of agricultural jobs, few workers - The Eagle: Nation

Northern Iowa sees bounty of agricultural jobs, few workers - The Eagle: Nation: Employers in northern Iowa are trying to fill a bounty of agricultural jobs.
Local economic development officials are touting a series of jobs that are directly and indirectly related to farming. The list includes work in cooperatives, ethanol plants and feed mills, according to the Globe Gazette (http://bit.ly/1SouWV6 ).
"There are definitely agricultural sector jobs available," said Winnebago-Worth Betterment Corp. Director Teresa Nicholson.
Several ag-related businesses were ready to take applications last week at a regional career fair at North Iowa Area Community College and hire people.

Richter: Telephones linked farms to cities | Community | commercial-news.com

Richter: Telephones linked farms to cities | Community | commercial-news.com: There was a negative to obtaining a telephone on the farm in the early 1900s, it required a lot of poles to be sunk at the edge of the fields. Who was going to take them out if the new-fangled thing was a failure?

But telephones had been around a while, the first one had arrived in the county seat of Danville in 1879, and they seemed to be the coming thing.

There also was peer pressure from some of the farmer’s neighbors, so he welcomed the new century by having one installed. In a faded bill from the Vermilion County Telephone Company dated September 1909, his monthly charge was 10 cents. That was for one call that went through the Fithian exchange. If a call went through an exchange there was a charge.

2016 was one of the most difficult springs on dairy farms, but things are improving - Agriland

2016 was one of the most difficult springs on dairy farms, but things are improving - Agriland: One of the most difficult springs on record has put many dairy farmers under huge stress, according to Teagasc’s Jim Moyles.

The Teagasc Advisor told dairy farmers at a recent farm walk in Offaly that a low milk price, difficult grazing conditions and calving had all combined this spring to pile pressure on farmers.

Financial stress returns to agriculture arena - Columbia Daily Tribune | Columbia Missouri: Saturday Business

Financial stress returns to agriculture arena - Columbia Daily Tribune | Columbia Missouri: Saturday Business: In the 1980s, farm financial stress was severe. Farm income was low, debt rose to unsustainable levels and a wave of bankruptcies contributed to a crash in farmland values.

This is not the 1980s. The ratio of farm debts to farm assets is much lower now than it was in 1985. Interest rates are far lower, and very few farms are behind on debt payments.

Legal right to affordable broadband 'must cover all farms' - Farmers Weekly

Legal right to affordable broadband 'must cover all farms' - Farmers Weekly: Farmers and landowners have called on the government to end the urban-rural “digital divide” after it announced the first steps towards making it a legal requirement for access to superfast broadband for all by 2020.

Ethiopia to Miss 11% Growth Target as Drought Hurts Agriculture - Bloomberg Business

Ethiopia to Miss 11% Growth Target as Drought Hurts Agriculture - Bloomberg Business: Ethiopia’s economy will expand by between 7 percent and 10 percent this fiscal year, missing the government’s target, as a severe drought hurts agriculture.

Saturday, March 26, 2016

Here To Stay: How Indian-Born Innkeepers Revolutionized America's Motels : NPR

Here To Stay: How Indian-Born Innkeepers Revolutionized America's Motels : NPR: In midtown Manhattan, 48Lex towers over the crowded street at its feet. The high-rise, luxury hotel offers a singular experience — serving complimentary wine at happy hour — but it's just one of 52 hotels owned by Hersha Hospitality Trust.

The company, named for founder Hasu P. Shah's wife, grew from modest origins. At one of the family's first properties, the 23-room Red Rose Motel in rural Pennsylvania, Shah and his family lived behind the lobby.

Low inventory puts squeeze on first-time home buyers in Greater Boston - The Portland Press Herald / Maine Sunday Telegram

Low inventory puts squeeze on first-time home buyers in Greater Boston - The Portland Press Herald / Maine Sunday Telegram: Evan Wondolowski was ready to buy his first home more than a year ago. He offered 5 percent over the listing price of a small two-bedroom condominium in Jamaica Plain and started planning where the furniture would go in his new place.

Dallas’ richest man, Andy Beal, buys landmark Trammell Crow estate | | Dallas Morning News

Dallas’ richest man, Andy Beal, buys landmark Trammell Crow estate | | Dallas Morning News: The Highland Park estate of legendary developer Trammell Crow has quietly changed hands.

Why this luxury real estate market isn't like most others

Why this luxury real estate market isn't like most others: History suggests that as Wall Street goes, so do sky-high real estate prices in the Hamptons, the ultra-wealthy enclave that lies east of New York City.

Boulder and Grand Junction housing markets at risk, index warns - The Denver Post

Boulder and Grand Junction housing markets at risk, index warns - The Denver Post: Warning signals are starting to flash for housing markets in Boulder and Grand Junction, but for different reasons, according to a report from Nationwide Economics.

Nationwide puts out the Leading Index of Healthy Housing Markets, which attempts to measure risk going forward in 400 housing markets across the United States.

Grand Junction suffered the third-worst deterioration in its index score, compared with all 400 cities measured in the fourth quarter. Boulder suffered the ninth-worst decline.

Demand For Housing In China's Heated Property Market Is Real - Forbes

Demand For Housing In China's Heated Property Market Is Real - Forbes: The real estate markets in some of China’s major economic centers have again heated up, with extreme price increases being seen in Shanghai, Shenzhen, Suzhou, and in some parts of Beijing. With government controlled purchasing restrictions looser than they have been in the past decade, many home buyers are jumping in fast, as though afraid, as JLL’s Steven McCord put it, “of missing the boat.”

KB Homes CFO perfectly summed up new housing crisis - Business Insider

KB Homes CFO perfectly summed up new housing crisis - Business Insider: As opposed to the last housing crisis, in which supply was too abundant, this one will be defined by rising prices because of there not being enough homes.

Cubas sustainable agriculture at risk in U.S. thaw - EconoTimes

Cubas sustainable agriculture at risk in U.S. thaw - EconoTimes: President Obama’s trip to Cuba this week accelerated the warming of U.S.-Cuban relations. Many people in both countries believe that normalizing relations will spur investment that can help Cuba develop its economy and improve life for its citizens.

But in agriculture, U.S. investment could cause harm instead.

Farmland investment for successive success | The Land

Farmland�investment for successive success | The Land: WHILE the ongoing tender process between the big guns for the S. Kidman and Company pastoral empire continues to fuel industry speculation and debate, things are stirring on the “family farm” property market scene.

After several years of marking time, and even going backwards in some places, rural property values are heading north again, driven by a new mood of optimism mostly a result of much-improved markets for cattle and wool.

Friday, March 25, 2016

2.8 million rai of farmland damaged by drought so far

2.8 million rai of farmland damaged by drought so far: BANGKOK: — About 2.8 million rai of rice, other cash crops and fruit orchards in and outside irrigation areas have been damaged by drought affecting some 272,000 farming households, according to the Office of Agricultural Economics.

Latest survey conducted by the Office of Agricultural Economics shows that out of 2.8 million rai of farmland ravaged by drought, there are two million rai of rice farmland, about 860,000 rai of other cash crops and about 5,000 rai of fruit orchards. Total damage was estimated at 15.5 billion baht which was broken down into 8.5 billion baht for rice, 6.8 billion baht for other cash crops and the rest for fruit orchards.

Thursday, March 24, 2016

Downward pressures on 2016 and 2017 cash rents | Ag Professional

Downward pressures on 2016 and 2017 cash rents | Ag Professional: Cash rents on professionally-managed farmland decreased in 2016. In 2017, pressures to lower cash rents will intensify if commodity prices do not increase. In this article, a table is presented that summarizes cash rents for professionally managed and "average" farmland in Illinois for 2014 through 2016.

Farmland values down, impact still stable | Local | mywebtimes.com

Farmland values down, impact still stable | Local | mywebtimes.com: Farmland prices declined in 2015 and agriculture experts say 2016 won't be much better.

Nonfarmers won't notice much of a difference — food prices, for example, won't be any lower — but signs of the downturn are all around.

Four Million Hectares of Farmland Benefiting from Syngentas Sustainability Plan

Four Million Hectares of Farmland Benefiting from Syngentas Sustainability Plan: Syngenta, the Swiss agribusiness, has revealed an update on its sustainability goals, which includes four million hectares of farmland benefiting from biodiversity and soil preservation initiatives.

Syngenta’s The Good Growth Plan, now in its second year, is made up of six commitments it aims to achieve by 2020 to support the sustainability and development of rural communities.

Syngenta chief executive officer, John Ramsay, said: �“With the Good Growth Plan, a global network of 3,600 farmers and many organizations in 42 countries are joining forces to demonstrate and measure the sustainable use of technology in agriculture. “

Strawberry season at Dempsey Farms: A Lowcountry tradition | The Island Packet

Strawberry season at Dempsey Farms: A Lowcountry tradition | The Island Packet: Nothing says springtime in Lowcountry like strawberry picking at Dempsey Farms, where the strawberries are sweet and folks are friendly.

Planting Preview 2016: No Single Solution for Farmers in Kentucky, Tennessee and North Carolina - Corn - News | Agweb.com

Planting Preview 2016: No Single Solution for Farmers in Kentucky, Tennessee and North Carolina - Corn - News | Agweb.com: Kentucky, North Carolina and Tennessee are close geographically, but farmers in the three states face distinctly different challenges as the 2016 planting season approaches.

Mississippi Farmer Finds Value in Precision Ag Benchmarking | Agweb.com

Mississippi Farmer Finds Value in Precision Ag Benchmarking | Agweb.com: Jeremy Jack doesn’t tolerate the unknown across 12,000 acres of corn, cotton, peanuts, rice, soybeans, and wheat at Silent Shade Planting Co., in Belzoni, Miss. In 2015, Jack began tracing his farming movements with unprecedented accuracy after setting Silent Shade’s dial on Granular, a comprehensive farm management software. The results? Tracking and efficiency zeroed in on a higher farmer dollar.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly higher while the US Dollar is adding to this weeks gains and crude oil is lower.

Grain and livestock markets will close at regular times today, they will be closed on Friday and will resume normal hours on Monday. Most international markets will be closed on Monday in observance of Easter Monday.

Traders in the grain complex wait for a change in news or a new catalyst to spur a breakout of current ranges. Next week USDA will release some of the most important data of all yearly reports. The March quarterly stocks could be a market mover if USDA ramps up usage for corn in the first half of the marketing year. However a 30 to 50 million bushel surprise in usage will not do much for the bottom line. Prospective plantings could vary greatly from final numbers but historically it is a market mover. March 31st a week from today the USDA will release this data.

Wednesday, March 23, 2016

80% of New England Forests, Once Cleared for Farmland, Have Come Back - Good News Network

80% of New England Forests, Once Cleared for Farmland, Have Come Back - Good News Network: Throughout the mid-1800s, farmers clear-cut acres of the towering trees to grow crops. Forests were left covering only about 28% of New England. Now, 160 years later, hardwoods and pines cover 80% of the horizon making the Northeast�the most heavily wooded region in the U.S.

What You Need to Know About Farmland Values | Successful Farming

What You Need to Know About Farmland Values | Successful Farming: Not too many months ago, farmland would sell well regardless of the quality – and likely at top dollar, too

Planting Preview 2016: Corn Acres Likely to Return to Upper Midwest | Agweb.com

Planting Preview 2016: Corn Acres Likely to Return to Upper Midwest | Agweb.com: With prices depressed on nearly all crops, producers in Minnesota, Wisconsin, North Dakota and South Dakota will stick pretty close to their rotations this spring. Marginal land, however, could switch to forages or move into the Conservation Reserve Program (CRP), while sunflowers could make a bid for acres in the plains.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are slightly lower on profit taking. The US Dollar is higher and crude oil is lower. Traders are looking for some market moving news. Weather and fund buying has provided some support but the Quarterly Stocks Report and Prospective Plantings Report is still more than a week away, March 31st. Early trade talk is for a larger corn and soybean plantings. Grain markets are closed on Friday in observance of Good Friday.

Tuesday, March 22, 2016

Bulb fields cover 25,000 hectares of Dutch farmland - DutchNews.nl

Bulb fields cover 25,000 hectares of Dutch farmland - DutchNews.nl: Some 25,000 hectares of land in the Netherlands is now dedicated to bulb production, a rise of 75% over the past 30 years, the national statistics office CBS said on Tuesday.

While production has gone down some 10% in traditional bulb growing areas north of The Hague, there has been an increase in the provinces of Drenthe, Flevoland and Overijssel.

U.S. Farmland Values Drop For 28th Consecutive Month

U.S. Farmland Values Drop For 28th Consecutive Month: U.S. farmland prices have continued their spiral downwards for a 28th successive month owing to� drought concerns.The US farmland price index has been recorded at 20.2 by researchers at Creighton University. This price index comes in much lower than the 29.8 that was reported last month, and worryingly below the 50.0 point which is indicative of a neutral market.

U.S., Cuba enhance agricultural business relationships

U.S., Cuba enhance agricultural business relationships: Agriculture Secretary Tom Vilsack announced several measures that will foster further collaboration between the U.S. and Cuban agriculture sectors as the secretary was part of the presidential delegation to Cuba today.
The U.S. Department of Agriculture and Cuba's Ministry of Agriculture developed a memorandum of understanding to increase bilateral cooperation in agriculture, recognizing the mutual interest of both countries in advancing agricultural technologies, agricultural productivity, food security and sustainable natural resource management.

Planting Preview 2016: Crop Confusion in Delta as Planting Nears | Agweb.com

Planting Preview 2016: Crop Confusion in Delta as Planting Nears | Agweb.com: Farming is always a gamble, but when it comes to planting intentions in 2016, there’s no clear pony to pick. For the Delta states of Arkansas, Louisiana and Mississippi, expect midnight decisions as producers make crop selections in relative commodity darkness. In short, producers are forced to fire blind.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher with three weather systems forecast to move across the Midwest. Trade is talking of planting delays. Outside markets are quiet with the US Dollar higher and crude oil unchanged.

Wheat crop conditions improved in Kansas and Texas by 1% from last week. The Oklahoma wheat good to excellent rating dropped from 67% last week to 63% this week. Kansas wheat is 20% jointed compared to 7% average. The maturity of the Kansas crop has traders concerned about recent cold weather and the fluctuation to temperatures in the forecast later this week.

Monday, March 21, 2016

One big reason home sales are down - CSMonitor.com

One big reason home sales are down - CSMonitor.com: A dearth of starter and mid-priced homes may be to blame for the housing market's current impasse, according to a Trulia study released Monday. Existing home sales dipped 7.1 percent in February, according to the National Association of Realtors

Feb. existing home sales fall

Feb. existing home sales fall

Prime farmland still bringing premium prices - News - The State Journal-Register - Springfield, IL

Prime farmland still bringing premium prices - News - The State Journal-Register - Springfield, IL: lthough the market has softened somewhat the last two years, a recent auction just west of Springfield showed how valuable prime farmland in central Illinois continues to be.
More than 200 people took part in the March 9 auction for 775 acres between Springfield and Berlin along Old Jacksonville Road, with prices reaching as high as $13,879 per acre.

Unseasonal rains: Another crisis hits the farms | editorials | Hindustan Times

Unseasonal rains: Another crisis hits the farms | editorials | Hindustan Times: The unpredictability in climate patterns is hitting India’s farm sector year after year. The damage so far has mercifully been less than that of last year, when about 20 million hectares of farmland were flattened by rains.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets and most outside markets are quiet�to begin the new trading week. Gold continues to consolidate the post-fed run-up.

Saturday, March 19, 2016

College grads don't want ag careers, survey says

College grads don't want ag careers, survey says: Few college graduates are considering a career in agriculture, a new online survey indicates, prompting companies, universities and other groups to look for ways to attract them�and address lingering misconceptions about the field....

How much does farmland cost in Romania

How much does farmland cost in Romania: The agricultural land market in Romania has kept dynamic throughout 2015, with investors finding better yields in our country than in other European countries, according to a statement by local real estate agency Hitch&Mosher.

Friday, March 18, 2016

US futures rise ahead of Fed speakers

US futures rise ahead of Fed speakers: U.S. stock index futures indicated a higher open on Friday as traders waited on three key speeches from Federal Reserve officials.

Fed speakers on Friday include Federal Reserve Bank of New York President William Dudley, who will give opening remarks at a New York Fed Conference on "Supervising Large, Complex Financial Institutions."
Eric Rosengren, Boston Fed President, is set to participate in a late morning panel discussion at the conference on "Defining the Objectives and Goals of Supervision."

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed to begin the final trading day of the week. Outside markets have gold�consolidating some of yesterday's gains, while crude continues�to hover around $40.00.

Weekly export sales were released yesterday morning. Corn sales were reported strong again this week. USDA's computes current sales now total 72% of their projected whole-year goal. That is a bit under the 81% five year average for this week.

Thursday, March 17, 2016

Gold Is Not All That Glitters - ValueWalk

Gold Is Not All That Glitters - ValueWalk: When asked whether he’d rather have all the gold in the world or all the farmland in the world, Warren Buffett quickly chose farmland. At the end of the day, everyone has to eat and the world population is growing, creating a steady demand for quality food.

Illinois Farmland Down 8% to 9% | Agweb.com

Illinois Farmland Down 8% to 9% | Agweb.com: Prices paid for Illinois farmland as well as rates being paid to rent the same ground have continued their downward trend for a second year, according to a state-wide survey conducted by the Illinois Society of Professional Farm Managers and Rural Appraisers. The results were released today at the annual Illinois Farmland Values Conference in Bloomington, Illinois.

Farmers expect to embrace more technology in the future | Stuff.co.nz

Farmers expect to embrace more technology in the future | Stuff.co.nz: Farmers expect to use technology more often in the future�and want better prices for their products, �attendees at a rural�conference in Manawatu have�heard.

Two farmers and a farm advisor talked to about�300 people at the Future Farms conference in Palmerston North on Thursday.

California farms added 30,000 jobs in 2015 despite drought | The Sacramento Bee

California farms added 30,000 jobs in 2015 despite drought | The Sacramento Bee: California’s farm industry kept growing in 2015 despite a fourth year of drought, adding 30,000 jobs even as farmers idled huge swaths of land because of water shortages.

Preliminary estimates from the state Employment Development Department show farm employment increased by an average 7 percent from 2014.

Futures hold lower amid data

Futures hold lower amid data: U.S. stock index futures indicated a lower open on Thursday as traders eyed the release of several pieces of data and continued digesting the Federal Reserve's decision.

The Fed kept rates unchanged and lowered its projection of four hikes this year down to two.

Weekly jobless claims came in at 265,000. The March Philly Fed index was 12.4 versus minus 2.8 for February.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering and a weaker dollar providing hopes of improved export demand. The change in global central bank policy is providing an attitude change in investor outlook. Gold and crude oil are higher with the US Dollar under pressure.

Wednesday, March 16, 2016

4 Market Factors That Could Strengthen Soybean Prices - Soybeans - News | Agweb.com

4 Market Factors That Could Strengthen Soybean Prices - Soybeans - News | Agweb.com: According to University of Illinois ag economist Darrel Good, recent soybean prices have come as somewhat of a surprise, given that domestic crush has slowed and a big South American harvest looms. But Good says there are several reasons for the current modest price strength.

Sask. farmland too dry in some areas, too wet in others | News Talk 650 CKOM

Sask. farmland too dry in some areas, too wet in others | News Talk 650 CKOM: Saskatchewan Agriculture measures cumulative rainfall and topsoil moisture levels each summer.

Dublin farmland sale sets a benchmark - Independent.ie

Dublin farmland sale sets a benchmark - Independent.ie: A benchmark for Dublin farmland prices was set last week when a 54ac farm at Lyons Road, Newcastle, Co Dublin, was sold by Ganly Walters for €850,000 or for almost €15,400/ac

Scottish tenanted farmland area continues to fall - Press and Journal

Scottish tenanted farmland area continues to fall - Press and Journal: A growing number of landowners chose not to re-let land in 2015, according to findings from the fourth annual agricultural land occupation survey for Scotland.

The survey, which is carried out by the Scottish Agricultural Arbiters and Valuers Association (SAAVA) and the Central Association of Agricultural Valuers (CAAV), covers more than 46,000 acres of let land where a tenancy ended during the year.

Of the land to come back to landowners, 12,000 acres was either brought back in-hand or offered out on contract farming or other short-term arrangements

Ohio agency honors farms kept in 1 family for 150-plus years - Toledo Blade

Ohio agency honors farms kept in 1 family for 150-plus years - Toledo Blade: An Ohio program that recognizes farms owned by the same family for at least a century is adding another category to honor those where the ownership stretches over 150 years.

The state Department of Agriculture says Ohio’s Historic Family Farms program has nearly 1,300 registered farms around the state, with at least one in each of the 88 counties.

In addition to the century and bicentennial designations for farms, the program is adding a sesquicentennial designation. Department Director David Daniels announced the change Tuesday while meeting with some of the historic farm families from Clinton, Fayette, Highland and Ross counties during an Ohio Agriculture Week event.

Planting Intentions Survey Allendale Advisory Center

Planting Intentions Survey Allendale Advisory Center: Allendale, Inc. a Chicago area agricultural commodity brokerage and analysis firm estimates that US grain and oilseed producers will increase their corn and wheat acres, while lowering their planted soybean acres. Totals are seen slightly higher than USDA’s Agricultural Outlook Forum estimates.

Fed's Yellen takes spotlight on Wall Street

Fed's Yellen takes spotlight on Wall Street: U.S. stock index futures pointed to a mixed open on Wednesday as markets paused for breath ahead of the conclusion of the latest Federal Open Market Committee (FOMC) meeting.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are drifting lower as a stronger US Dollar provides headwinds. FOMC meeting adjourns later today and traders wait for any adjustments to interest rates. Weather conditions in South America are improving as harvest speeds up.

Allendale’s Annual Planted Acreage Survey results will be released at 7:30 am.�You can view our complete results here.

Brazil's vegetable oils industry association, Abiove said new soybean crop is estimated at a record 99.7 million tonnes, up from last month’s estimate of 98.5 million tonnes.

NOPA crush at 146.181 million bushel beat the 139.942 million bushel trade expectation. This monthly usage was only 0.5% under last year’s February. In the previous three months it ran from down 3.1% to down 7.5% compared to last year.

Tuesday, March 15, 2016

Most Farmland Markets Remain Steady | KTIC Radio

Most Farmland Markets Remain Steady | KTIC Radio: Despite serious erosion in farm incomes since 2013, farmland markets across the Corn Belt held amazingly steady this winter.

�Peak Soil Index sales data through February 2016 shows six states it monitors below all-time records set in the last few years. But select counties in Wisconsin are averaging $4,361 per acre, only 2% below their high of a year ago; irrigated Nebraska farmland ran $7,055, about 4% below its 2015 peak; Minnesota crop counties averaged $5,641, off 8% from their 2014 peak; Illinois averaged $7,591, off 8% from its 2104 peak; and Indiana at $6,782 per acre recorded the steepest tumble, off 14% from its peak a year earlier.
Such adjustments so far seem modest, even miniscule, compared to the collapse in commodity prices the past three years.

Precision Agriculture Gets More Precise as Farmers Edge and The Weather Company, an IBM Business, Leverage Micro-Weather Data for Predictive Modeling in the Field | Business Wire

Precision Agriculture Gets More Precise as Farmers Edge and The Weather Company, an IBM Business, Leverage Micro-Weather Data for Predictive Modeling in the Field | Business Wire: Farmers Edge™, a global leader in precision agriculture and independent data management solutions, today announced a collaboration with The Weather Company, an IBM Business (NYSE: IBM), the world's largest private weather enterprise. Under the terms of the deal, Farmers Edge has integrated hyper-local forecasts from Weather’s superior Forecasts on Demand (FoD) weather forecasting engine into its field-centric approach to predictive modeling. This enhancement of real-time meteorological data analytics is another step towards the digitization of agriculture, an industry in the midst of a radical transformation.

‘View agriculture as an investment vehicle’ | IOL

‘View agriculture as an investment vehicle’ | IOL: Standard Bank on Tuesday urged South Africa’s farmers to view agriculture as a long-term investment vehicle despite the ongoing drought that was crippling the industry.

The bank’s head of Agribusiness SA, Nico Groenewald, in a statement said although agriculture had always been the backbone of most rural economies, it can become a social and financial investment vehicle capable of driving positive change at national and regional levels.

India's agriculture sector has potential to grow 5% per annum: Expert | Latest News & Updates at Daily News & Analysis

India's agriculture sector has potential to grow 5% per annum: Expert | Latest News & Updates at Daily News & Analysis: Indian agriculture has the potential to grow at 5% per annum, while the present growth rate varied from 3.6% to 4% per annum, noted agriculturist Ashok Gulati said on Monday.

Will Spring Come Early in ’16 and Bring a Hot, Dry Summer? | Agweb.com

Will Spring Come Early in ’16 and Bring a Hot, Dry Summer? | Agweb.com: With mild weather bringing wheat out of dormancy and making farmers eager to get in the fields, does it mean that spring is on its way?

RELATED CONTENT
With Key USDA Numbers Unchanged, Market Turns to Weather Talk 3/9/2016 7:00:00 PM
Analysts Wonder About Weather Rally 3/10/2016 6:00:00 PM
Analysts are wondering the very same thing—and how might affect prices.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower on “turn around Tuesday”. While crude oil and the US Dollar continue on their path from Monday.

Technicals inspire buying in grains as fundamental news remains stale. Corn futures have been supported by short covering during the previous sessions and running into some farmer selling of cash grain at the 3.70 level in the May contract. Soybean futures have been faced with a slowdown in exports due to competition from South America. Spreaders buying soyoil and selling soymeal is also weighing on soybean futures.

Allendale’s Annual Planted Acreage Survey results will be released tomorrow at 7:30 am.

Monday, March 14, 2016

Morgan Stanley cuts S&P 500 target as recession fears rise - MarketWatch

Morgan Stanley cuts S&P 500 target as recession fears rise - MarketWatch: Morgan Stanley strategists are growing increasingly concerned about the risk of a global recession, slashing forecasts for all major equity markets and advising investors to sell stocks that have recently rallied.

In a report out on Monday, the bank’s global strategy team cut its 12-month target for the S&P 500 index SPX, 1.64% �to 2,050 from 2,175, indicating the U.S. benchmark over the next year only will rise 1.4% from its close of 2,022.19 on Friday. This comes after the index rallied 8.4% over the past month, driven in part by a rebound in oil prices and upbeat economic data from the U.S.

We Will Make It Through 2016 | Agweb.com

We Will Make It Through 2016 | Agweb.com: You have to be careful when someone throws out a glib statement like “low prices are the cure for low prices.”�

Well, that’s kind of true, but it’s more like chemotherapy than a cure, right? I’ve talked to any number of my friends who like me are in transition to a younger generation and one common theme that has come out this year while I’m here is “well, you know we’ve got these young guys that have never seen a downturn.” And there’s some hint in�there of�“This will show ‘em. I’m tired of those whippersnappers thinking they can do everything just because they can program the yield monitor.�I’m tired of getting beat up about that. This will show ‘em.”

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mixed as the CFTC report shows funds adding to already short positions in corn. Macro markets are calm as traders wait for Fed Meeting results mid-week.

Corn, soybeans and wheat will start this week with a positive bias after last week’s strong performance. Corn closed up 6 �, soybeans up 17 � and wheat up 15 cents, however, there is concern mounting that any further rally could cause a pickup in grain movement domestically.

Rains across the Midwest and Delta should not be much of a problem to early planting. South America received some rain this weekend with more in the forecast. The benefit of rain overrides the slowdown in harvest.

Sunday, March 13, 2016

10 percent of dairy farms could fail - Key | Radio New Zealand News

10 percent of dairy farms could fail - Key | Radio New Zealand News: Dairy farmers are struggling and Fonterra's latest milk payout forecast of $3.90 per kg has made the outlook even worse.

The forecast is the lowest in a decade and was expected to knock $400 million from farmers' incomes.

Mr Key told Morning Report farmers with high levels of debt were likely to fail.

He did not have exact numbers, but said he had been been told it could be five to 10 percent of farmers.

'The Seer:' Wendell Berry And The Vanishing Beauty Of Small Farms : 13.7: Cosmos And Culture : NPR

'The Seer:' Wendell Berry And The Vanishing Beauty Of Small Farms : 13.7: Cosmos And Culture : NPR: The Seer: A Portrait of Wendell Berry, a documentary premiering today at the SXSW Interactive Festival in Austin, conveys the joys of living in a rural American community and, also, the hellish changes to that manner of life wrought by massive industrialization.

The film takes place in Henry County, Ky., where writer and activist Wendell Berry's family has farmed the land for 200 years.

Saturday, March 12, 2016

Take time to plan for farm succession

Take time to plan for farm succession: It is springtime and many of you are shifting gears from winter chores to spring planting season. As you shift gears for the spring planting season, there is much work to do: developing the cropping plan, ordering seed and fertilizer, making sure the equipment is in working order, having enough help, etc.

50 local farms sign up to produce Chinese herbs - SWVa Today: The Floyd Press

50 local farms sign up to produce Chinese herbs - SWVa Today: The Floyd Press: Chinese herbs could possibly become a major crop for Floyd County farmers. That was the message Robert Glenn, Jr. conveyed to Supervisors Tuesday.
Speaking at the Board’s meeting, Glenn told Supervisors that this type of farming could draw national attention to Floyd. Glenn has helped Floyd’s Blue Ridge Center for Chinese Medicine obtain private funding and grants. He said he had been called in three years ago to help decide whether the center should close or continue, and it has continued in a big way.

Wisconsin Ag Connection - National/World News - Illinois Farmland Sells for Nearly $13,900 Per Acre

Wisconsin Ag Connection - National/World News - Illinois Farmland Sells for Nearly $13,900 Per Acre: Illinois farmland sold Wednesday for prices reaching as high as $13,879 per acre, as more than 200 people jammed into the Knights of Columbus Hall in Springfield for a Murray Wise Associates auction.

The auction of 775 acres of high-quality Sangamon County land brought a total of $9,037,000, or $11,661 per acre, according to Joe Bubon, president of the auction company.

Illinois farmland prices hit $13,879 per acre in Murray Wise Associates auction -- SPRINGFIELD, Ill., March 10, 2016 /PRNewswire/ --

Illinois farmland prices hit $13,879 per acre in Murray Wise Associates auction -- SPRINGFIELD, Ill., March 10, 2016 /PRNewswire/ --: Illinois farmland sold Wednesday for prices reaching as high as $13,879 per acre, as more than 200 people jammed into the Knights of Columbus Hall in Springfield for a Murray Wise Associates auction.

The auction of 775 acres of high-quality Sangamon County land brought a total of $9,037,000, or $11,661 per acre, according to Joe Bubon, president of the auction company. "Investors and operators alike are willing to look past current commodity prices and act on the long-term value of good land," he said.

Flooding hits farmland, pastures as historic rains fall inLouisiana | Corn content from Delta Farm Press

Flooding hits farmland, pastures as historic rains fall inLouisiana | Corn content from Delta Farm Press: Heavy downpours and unprecedented flooding across north Louisiana have farmers and ranchers dealing with a familiar foe – the consequences of Mother Nature.

“We’ve got water in places we’ve never seen it,” Dustin Morris, a Richland Parish farmer said.

Corn planting was well underway across north Louisiana, and it appears that all of that corn seed and the diesel fuel used to plant it is now wasted. “We’re going to be over 20 inches of rain quickly,” Morris said. “So, we’re probably going to get a re-do on everything we’ve planted so far.”

A green evolution | The Economist

A green evolution | The Economist: NOT so long ago Jean Pierre Nzabahimana planted his fields on a hillside in western Rwanda by scattering seed held back from the last harvest. The seedlings grew up in clumps: Mr Nzabahimana, a lean, muscular man, uses his hands to convey a vaguely bushy shape. Harvesting them was not too difficult, since they did not produce much.

Agribusiness Report: Green Growing On Iowa Farms

Agribusiness Report: Green Growing On Iowa Farms: His cover crops of cereal rye are now so green it's easy to mistake them for grass. Most of Wassenaar's his fields have a cover of cereal rye, except for a couple of control locations.

Forming Expectations For The 2016 U.S. Average Soybean Yield: What About El Ni�o?

Forming Expectations For The 2016 U.S. Average Soybean Yield: What About El Ni�o?: There continues to be a lot of discussion about the likely magnitude of U.S. soybean production in 2016, with much of current focus on planted acreage. Low commodity prices, along with the 2.8 million acre reduction in winter wheat seedings and the likelihood that there will be fewer prevented plantings in 2016, create uncertainty about the likely magnitude of total acreage of spring planted crops, as well as uncertainty about the acreage of individual crops. For the most part, current expectations are that total planted acreage may decline from that of 2015, but expectations for soybean acreage are very mixed. The Grains and Oilseeds Outlook at last week's USDA Outlook Forum projected plantings of the 8 major crops would decline by 5.5 million acres (2.2 percent) in 2016/17 and that soybean acreage would decline by 0.2 million acres (0.2 percent) to a total of 82.5 million acres. The USDA will release the results of its March survey of 2016 planting intentions in the Prospective Plantings report to be released on March 31.

Nothing Like a Perfectly Timed Rally | Agweb.com

Nothing Like a Perfectly Timed Rally | Agweb.com: This week’s rally in corn, soybeans, wheat, and cattle�couldn’t have come at a better time.

“Everything is making some money again,” said Jerry Gulke, speaking with Farm Journal Radio’s Pam Fretwell. “… It’s good news for everyone who is out there and needs cash flow to make things work for another year.”

Corn, for example, was up 4 cents at week’s end. That may not be much, Gulke admitted, “but it’s up instead of down.” Soybeans finished up roughly 18 cents. �“Wheat, which has been the dog of the bunch—we’re awash in wheat—was up 15 cents again.”

Friday, March 11, 2016

Analysts Wonder About Weather Rally | Agweb.com

Analysts Wonder About Weather Rally | Agweb.com: With December corn futures priced at $3.80, farmers are keeping their fingers crossed for a spring rally and its promise of profitable grain sales.

It certainly could happen, according to analysts on U.S. Farm Report.

“Just thought of a weather scare could give us a nice little rally,” said Ted Seifried of Zaner Ag Hedge. “You look at the funds at record-short positions carrying a very big, big percentage of the open interest. And you look at end users … which are going a little bit more hand-to-mouth and not booking out that longer term-coverage. You’ve got two big market players that, if you give them a bit of a scare (such as) a concerning weather forecast as we get in to the growing season, could be competing for bids. �That could give us a nice little pop.”

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on follow through short covering off technical support levels. Macro markets are taking a breather, trading within the large range sessions from Thursday.

Today is the FINAL DAY to participate in Allendale's�Annual Acreage Survey. The results will be released on March 16th. Click here to enter your data. Thank you for your help and participation!

The ECB at its meeting yesterday, announced much more intensive easing measures than the market expected. EUR/USD initially fell sharply on the announcement but then rallied back up when ECB President Draghi said that the ECB at present does not anticipate cutting rates further.

Thursday, March 10, 2016

BlackburnNews.com - Southwestern Ontario Farmland Value Increases Easing Off

BlackburnNews.com - Southwestern Ontario Farmland Value Increases Easing Off: The median price for farmland in Southwestern Ontario was up almost 4 per cent in 2015 from 2014.

Ryan Parker of Valco Consulting says that’s a smaller increase than the region’s 10 counties saw from 2010 to 2013, when hikes of 20 to almost 30 per cent were recorded.

He suggests weakening commodity prices have helped slow the pace of the increases.

Those prices don’t appear to be dampening the number of sales, however.

Wisconsin farmland prices down

Wisconsin farmland prices down: The weighted average price of agricultural land sold in Wisconsin in 2015 was $3,833 per acre – down 3 percent from 2014. Lower milk and grain prices combined to drive farmland prices in the state lower, said Arlin Brannstrom, faculty associate in the Center for Dairy Profitability at the University of Wisconsin-Madison.

STU ELLIS: Farmers' minds fertile with thought | Agriculture | herald-review.com

STU ELLIS: Farmers' minds fertile with thought | Agriculture | herald-review.com: What is going through the deep, dark recesses of a farmer’s mind?�After all, there is a lot to think about, worry about, and feel blessed about.�

The topics are going to range as far as the mind can stretch.�But at this point in time, we might listen in on a few thoughts to understand the complexity of agriculture and how it can totally botch one’s day or bring on a smile.

March Into Spring | Agweb.com

March Into Spring | Agweb.com: The National Oceanic and Atmospheric Administration’s (NOAA) March through May 2016 outlook, for example, calls for warmer-than-average weather across the northern U.S., with a cooler-than-average pocket in the Southwest. As for precipitation, the eastern Corn Belt could experience drier conditions during this time, with a wetter West as El Ni�o hangs on.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower and the USDA report provided no surprises. Weather conditions in South America remain favorable for a record harvest. Macro markets continue to back and fill as they expect fresh stimulus from the ECB today. The US dollar is firmer and crude oil retraces gains of yesterday.

Allendale Inc Annual Acreage Survey is underway and only a few days left Click here to enter your data. Thank you for your help and participation! Many are waiting to get Allendale Acreage Survey Results March 16th.

Wednesday, March 09, 2016

MWD votes to buy 20,000 acres of island farmland in Sacramento-San Joaquin delta - LA Times

MWD votes to buy 20,000 acres of island farmland in Sacramento-San Joaquin delta - LA Times: The board of Southern California's water importer voted Tuesday to buy 20,000 acres of farm islands in the heart of the state's north-south plumbing system.

The land is owned by a private company that for years has tried to develop a water storage project on the property. But the Metropolitan Water District of Southern California says it has other plans for the four islands in the Sacramento-San Joaquin River Delta, which is east of San Francisco.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as traders brace for larger ending stocks on the USDA report later this morning. Outside markets regain some of Tuesday’s losses. Currency markets are waiting for ECB comments tomorrow.

Allendale Inc Annual Acreage Survey is underway and only a few days left for you to participate. Share your planting intentions for corn, soybeans and/or wheat for 2016 and we will email you the survey results as soon as they are available. The survey ends this Friday, March 11th and results will be emailed to participants on March 16th. Click here to enter your data. Thank you for your help and participation!

Tuesday, March 08, 2016

Water-poor Saudi Arabia moves farming venture to drought-stricken California | Guardian Sustainable Business | The Guardian

Water-poor Saudi Arabia moves farming venture to drought-stricken California | Guardian Sustainable Business | The Guardian: If you are the largest dairy producer in Saudi Arabia and you are running out of water to grow cattle feed, there’s only one thing to do if you want to stay in business: go shopping.

Which is exactly what dairy giant Almarai has done, undertaking a global search for land and water to grow alfalfa to feed its dairy cows. The search brought Almarai to a most surprising place: California, which is suffering its worst drought in recorded history.

Factories urged to supply non-toxic wastewater to farmlands

Factories urged to supply non-toxic wastewater to farmlands: Industry Minister Atchaka Sibunruang has revealed after an inspection of 130,000 factories that none of them have yet to suffer from water shortages. Only a few claimed to have received poor quality raw materials, since many agricultural producers have been affected by the drought.

The Department of Industrial Works has proposed a short-term solution to encourage factories to reduce water usage and recycle wastewater whenever possible. The Industry Minister added that wastewater from food factories that do not contain toxic chemicals can be released to farmlands to sustain crop growth, in the event of a prolonged drought crisis.

Shelby Farms Park Conservancy names new director

Shelby Farms Park Conservancy names new director: Jen Andrews had her heart set on graduate school when she started working at Shelby Farms after graduating from Rhodes College in 2006 to earn money to pay for her Ph.D. program.

She loved the park and her work so much that she stayed and, 10 years later, was named the executive director of the Shelby Farms Park Conservancy, the park announced Monday.

"I think that the next phase of work at Shelby Farms Park is about delivering on all the promises we've made and the dreams that we've dreamed," Andrews said.

Farm subscriptions are growing up in Charlotte | The Charlotte Observer

Farm subscriptions are growing up in Charlotte | The Charlotte Observer: “CSA” is one of those insider phrases. If you focus on eating locally, you know what it means. If you don’t, you wrinkle your forehead when you hear it.

It’s been 30 years since Community Supported Agriculture entered the vernacular. Most histories credit it with starting on two farms in Massachusetts in 1986.

Brazil Corn Exports ... | Crops News | Agriculture

Brazil Corn Exports ... | Crops News | Agriculture: In February, Brazil recorded corn exports of 5.37 million tons. According to data from the Ministry of Development, Industry and Foreign Trade, this is almost five times higher than exports for February 2015, which stood at 1.10 million tons. These exports produced revenue of $892.2 million, compared with $206.4 million in February last year.
According to Lucilio Alves, a professor and grain researcher in Brazil, this phenomenon can be explained by a combination of a bumper harvest, favorable Brazilian exchange rate, and attractive prices. “We are seeing domestic corn prices 30% higher than those in Argentinian and American markets, and so producers are taking advantage of this opportunity,” he stated.�

South African govt says drought causes $1 bln loss in agriculture sector - Yahoo News

South African govt says drought causes $1 bln loss in agriculture sector - Yahoo News: South Africa's agriculture sector has incurred losses of 16 billion rand ($1 bln) due to a severe drought, a government statement said on Tuesday.

Slow Down to Fast-Track Yield | Agweb.com

Slow Down to Fast-Track Yield | Agweb.com: Being in a hurry rarely pays. In the case of wheat seeding, the faster you go the more likely the stand will be uneven and yield will take a hit.

In Idaho, a coalition of wheat producers, processors and other stakeholders joined together to form the 200 Bushel Club to research the best management practices for wheat. In 2015, they performed a variety of field tests from variable-rate fertilizer application to tillage to drill speed.

When assessing drill speed, the group found up to 11.8 bu. difference in yield. Seeding at 6 mph, yields averaged 115.6 bu. per acre; at 4 mph,�127 bu. per acre; and at 2 mph,�122.9 bu. per acre. (Soft red spring wheat yields were down in parts of the Palouse because of stripe rust and other weather factors in 2015.)

Wall Street set to pause after 5-day win streak

Wall Street set to pause after 5-day win streak: U.S. stock index futures indicated a lower open on Tuesday as investors paused for breath after a recent rally and digested weaker-than-expected trade data from China.

Dow futures held about 50 points lower after earlier falling more than 100 points. U.S. crude oil futures traded higher, above $38 a barrel, as of 8:04 a.m. ET.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower due to the “turn around Tuesday” effect. Traders expect larger supplies to be report by USDA tomorrow. Weak economic data from China weighs on Global markets.

Allendale Inc Annual Acreage Survey is underway and only one week left! Share your planting intentions for corn, soybeans and/or wheat for 2016 and we will email you the survey results as soon as they are available. The survey ends this Friday, March 11th and results will be emailed to participants on March 16th. Click here to enter your data. Thank you for your help and participation!

Monday, March 07, 2016

Easement could hurt farmer’s ability to borrow | LVB

Easement could hurt farmer’s ability to borrow | LVB: When talking about preserving farmland, it’s also critical to think about preserving farms.

That’s the message that Gary Smith, president and CEO of the Chester County Economic Development Council, recently delivered to 100 people representing businesses, governments and communities in Lehigh and Northampton counties at a panel discussion at Northampton Community College’s Fowler Center in Bethlehem and hosted by Renew Lehigh Valley. RenewLV is an advocacy organization dedicated to farmland preservation, food sustainability and smart transportation.

Urban Farms Fuel Idealism. Profits? Not So Much : The Salt : NPR

Urban Farms Fuel Idealism. Profits? Not So Much : The Salt : NPR: Pick a farm trend in the past decade and urban agriculture is likely to top the list. But for all the timely appeal of having a little house on the urban prairie, the practice often raises a simple question: Can anyone earn a living doing it?

Agriculture Companies Predicting Weaker Sales to Farmers | 1010 WCSI

Agriculture Companies Predicting Weaker Sales to Farmers | 1010 WCSI: Speaking last week, Dow Chemical president Tim Hassinger told the Global Agriculture Conference that commodity prices and currency fluctuations will continue to hurt sales to farmers this year. That view echoes the outlooks of Monsanto and DuPont, according to a report by Bloomberg. Dow’s president says industry revenue may contract three to five percent in 2016. Meanwhile, with the weaker farm economy, Monsanto is eliminating 16 percent of its workforce. Last week, Monsanto also said the weaker farm economy may delay the company’s 2019 profit goals. DuPont said the agriculture sector remains “challenged” as farmer incomes continue to trend down. Weaker farm income has led to the slumping agriculture economy.
That has led to industry consolidation as Dow agreed in December to merge with DuPont and form the world’s largest agriculture business.

Climate Change May Impact Agriculture Far More Than Previous Studies Suggested : Science : Headlines & Global News

Climate Change May Impact Agriculture Far More Than Previous Studies Suggested : Science : Headlines & Global News: Climate change may have more of an impact on agriculture than anyone expected. A new study shows that researchers have bene overlooking how two key human responses to climate will impact food production in the future.

Are China and Brazil transforming African agriculture? - The Zimbabwean

Are China and Brazil transforming African agriculture? - The Zimbabwean: The research involved�studies in Ghana, Ethiopia, Mozambique and Zimbabwe, as well as China and Brazil. There were over 20 research collaborators involved, from Africa, China, Brazil and Europe, and it was a massively rich, if sometimes challenging, experience. Our research looked at 16 different case studies, involving a mix of agricultural investments by private and state owned enterprises, tri-lateral development cooperation efforts, technology demonstration initiatives, training programmes, as well as ‘under-the-radar’ involvement in agriculture by Chinese migrants.

China farm sector needs supply-side reform: agriculture minister | Reuters

China farm sector needs supply-side reform: agriculture minister | Reuters: China's agriculture sector needs to undertake supply-side reform, especially in corn production, given bumper harvests and surplus grain stockpiles, Agriculture Minister Han Changfu said on Monday.

Han told a news conference in Beijing that China will no longer pursue increased grain output over the next five years, after 12 consecutive years of increasing harvests.

Grain surpluses cause problems and put a financial burden on the government, which is obliged to stockpile crops at artificially high prices to support farm incomes, he said, although having too much grain was preferable to shortages.

Farmers Consider Expensive Tech Amid Low Commodity Prices | Agweb.com

Farmers Consider Expensive Tech Amid Low Commodity Prices | Agweb.com: When Marc Arnusch graduated from college in the mid-1990s, his father didn't want him to come back to the family farm in Keenesburg, Co. Crop prices were so bad, Hans Arnusch didn't think his son could make a living, like he and his father before him had. Arnusch understood his dad's concerns, but he grew up with farming. He loved it. He couldn't stay away.

Pulse Crops a Timely Option | Agweb.com

Pulse Crops a Timely Option | Agweb.com: Kim Murray looked out on 3,000 acres of fallow ground in northeastern Montana and followed the wisdom of the day, preserving moisture and letting ground rest in rotation. Yet, the economics of idle land kept him searching for a solution and in 2000, he found his fit in an under-researched, yet burgeoning sector of agriculture, pulse crops.�

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering reaction to large fund short positions. Financial markets are waiting for news out of China and ECB later in week.

CFTC Commitment of Traders report showed managed money funds were aggressive sellers. They increased their short position in corn by 69,503 contracts to put tem net short 203,837 contracts. They sold a net 59,399 contracts in soybeans. Funds added to their record net wheat short position to 107,477 contracts. Funds were buyers of 24,886 contract in crude oil.

Sunday, March 06, 2016

1,025 acres of farmland going to auction - Columbia Basin Herald: Business

1,025 acres of farmland going to auction - Columbia Basin Herald: Business: Longtime Columbia Basin farmers Ron and Robin Fode have decided to scale back their operations after 32 years of growing potatoes and other crops in Grant County and will offer approximately 1,025 acres of rich farmland at auction later this month.

While Augusta farms decrease, production remains strong - Waynesboro News Virginian: News

While Augusta farms decrease, production remains strong - Waynesboro News Virginian: News: David Shiflett's perspective on the state of farming is as broad as anyone in the Shenandoah Valley.
Shiflett's New Hope farming operation includes poultry, sheep, beef cattle and crops.
And he believes that farming is alive and well in the Shenandoah Valley and in Virginia, despite a statistic that says otherwise.

Automation improving accuracy in agriculture | North Dakota News | bismarcktribune.com

Automation improving accuracy in agriculture | North Dakota News | bismarcktribune.com: Modern machinery is changing the way farms operate.

“Everything goes toward more and more automation,” production specialist Daniel Eslinger, of RDO Equipment, said of trends in agriculture.

Eslinger works with John Deere’s auto-steer and iTEC Pro technology for agricultural machinery.

For sale: Bill Koch’s $80m Aspen ranch, the wild west made very comfortable | US news | The Guardian

For sale: Bill Koch’s $80m Aspen ranch, the wild west made very comfortable | US news | The Guardian: The billionaire industrialist bought the picture of the infamous outlaw for $2.3m at a Denver auction in 2011. At that time it was the only authenticated photograph of Billy the Kid in existence; another, more contentious one has surfaced since.

Agencies helping veterans obtain farm jobs

Agencies helping veterans obtain farm jobs: Many agencies are working to get more military veterans connected to the agricultural industry. The goal is to increase employment opportunities in the sector for veterans and their spouses

The Recorder - Tapping in to spring: Early sap sweetens sugarers’ harvest

The Recorder - Tapping in to spring: Early sap sweetens sugarers’ harvest: State Agricultural Commissioner John Lebeaux tapped what was supposed to be the ceremonial “first tree of the season” Friday morning, to kick off the state’s “March is Maple Month” campaign to promote the first agricultural crop of the year.

World supply will impact Montana’s agriculture economy

World supply will impact Montana’s agriculture economy: We all wish we knew what what going to happen for agriculture in 2016. Agriculture in Montana is an economic force regardless of the good years or the bad years. We all prefer the good years. But to predict what is going to happen in the future is more difficult for agriculture than it is for Main Street business. If you are a Main Street Business and you’ve got a little extra supply, you have a sale and you reduce the price of your product by 10 percent. You sell 20 percent more product and you reduce your supply.

Precision Agriculture Pioneer, Farmers Edge, Partners with Grower Information Services Cooperative to Improve Productivity... -- SHAKOPEE, MN, March 4, 2016

Precision Agriculture Pioneer, Farmers Edge, Partners with Grower Information Services Cooperative to Improve Productivity... -- SHAKOPEE, MN, March 4, 2016: Farmers Edge™, a global leader in precision agriculture and independent data management solutions, today announced it has partnered with Grower Information Services Cooperative (GiSC). With a shared stance on data privacy, security concerns and sustainable agriculture goals, the partnership between GiSC and Farmers Edge provides grower members in 37 states access to the company's Precision Solutions package. GiSC growers will now have the flexibility to view data on both the AgXchange™ and Farmers Edge platforms, bringing together the cutting edge hardware and software with trusted advisors to facilitate the transition from intuition-based to data-based decision making on the farm. �

Saturday, March 05, 2016

As Markets Stay Sideways, Gulke Advises Patience | Agweb.com

As Markets Stay Sideways, Gulke Advises Patience | Agweb.com: Farmers may be getting anxious for a rally—and worried about cash flow, as the calendar flips to March—but Jerry Gulke wants growers to remain patient.

“It’s been a poor time in the last 60 days to make a big decision. You have the chance to make a big wrong one by getting too far ahead of the market,” said Gulke, president of the Gulke Group, speaking on Farm Journal Radio. “Prices are not a lot different than they were a year ago.”

Row Crop CEOS Talk International Demand | Agweb.com

Row Crop CEOS Talk International Demand | Agweb.com: For Indiana farmer John Cheesewright, future price forecasts look bleak.�“It’s not a good outlook. They’re telling us it will be two, three, four years before prices come back where they were a year or two years ago,” he said.

Friday, March 04, 2016

New business to connect farmland leasees with landowners | Farming | pantagraph.com

New business to connect farmland leasees with landowners | Farming | pantagraph.com: A new Bloomington-based business is designed to connect landowners with farmland managers looking to lease land.

“AGLand Market is a way of compiling information about farmland that is sometimes hard to find and help them connect through the internet,” said Elizabeth Blankenship, who launched the business at 2911 Gill St.

“We had the website up and running in August of last year, but because of the way leases work in farming, springtime is the time that people start signing leases for 2017,” she said. “There really wasn’t much we could do until now, anyway. It is a seasonal type of business.”

Wet winter invites flooding research on Valley farms

Wet winter invites flooding research on Valley farms: Area farmers report that any flooding of their nut and fruit orchards during the current El Ni�o condition would likely do more good than damage to their trees.

In fact, some farmers plan to deliberately flood their orchards as part of testing the benefits of winter flooding.

By doing so, they not only ensure the trees have enough water, but they are also helping recharge the groundwater basin in winter when more water is available.

Crude prices rise ahead of US jobs report

Crude prices rise ahead of US jobs report: Crude oil futures edged up on Friday, building on the week's gains, as traders and analysts eyed U.S. jobs data which could give further momentum to rising prices.

Brent futures fell 39 cents to $37.46 a barrel shortly before 8 a.m. EDT (1300 GMT). The crude benchmark settled 14 cents higher in the previous session. Brent is set to end the week with a gain of more than 6 percent.

U.S. crude futures rose 27 cents to $34.84 a barrel, having settled down 9 cents in the previous session. They were also on pace for a 6-percent weekly gain.

Wall Street steady ahead of jobs report

Wall Street steady ahead of jobs report: U.S. stock index futures indicated a flat open on Friday as investors awaited the jobs report for indications on the path of Federal Reserve tightening.

U.S. stocks closed higher Thursday, building on the gains of the week so far, as oil prices stabilized. On Friday morning, crude futures rose on the back of official U.S. data which showed oil production fell to its lowest level since November 2014, according to Reuters.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on follow through technical buying. Wheat market has led the rally with a bit of positive fundamental news. Outside markets are stable as trade waits for US employment data at 7:30 today.

Allendale Inc's�Annual Acreage Survey is underway! Share your planting intentions for corn, soybeans and/or wheat for 2016 and we will email you the survey results as soon as they are available. The survey ends Friday, March 11th and results will be emailed to participants on March 16th. Click here to enter your data. Thank you for your help and participation!

Thursday, March 03, 2016

With Economy Stuck In The Mud, Farmers Sink Deeper Into Debt : The Salt : NPR

With Economy Stuck In The Mud, Farmers Sink Deeper Into Debt : The Salt : NPR: At the Lee Valley consignment sale near Tekamah, Neb., dozens of used tractors, planters and other equipment were on the auction block for farmers trying to save a few extra dollars. It was a muddy day, with trucks and four-wheelers leaving deep black ruts — fitting conditions for an industry wallowing in bad news.

Shallow Waters | Agweb.com

Shallow Waters | Agweb.com: As a corn and soybean producer in Island, Ky., Jonathan Miller knows his toughest competitor is not the farmer down the road but the one thousands of miles away in Brazil or Argentina.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are steady to higher with outside markets a bit firmer. Short covering would have to be credited for the rally as new news is limited.

Weekly export sales data will be released at 7:30 am. Trade estimates are: corn 700,000 to 1,100,000 tonnes, soybeans 200,000 to 600,000 tonnes, soymeal 100,000 to 250,000 tonnes soyoil 0 to 10,000 tonnes and wheat 200,000 to 450,000 tonnes.

Allendale Inc Annual Acreage Survey is underway! Share your planting intentions for corn, soybeans and/or wheat for 2016 and we will email you the survey results as soon as they are available. The survey ends Friday, March 11th and results will be emailed to participants on March 16th. Click here to enter your data. Thank you for your help and participation!

Wednesday, March 02, 2016

Outlook: How Long Will the Bear Cycle Last? | Agweb.com

Outlook: How Long Will the Bear Cycle Last? | Agweb.com: While traveling around the Midwest this winter, it’s obvious producers are watching the market’s every move. I sense there’s still a lot of unpriced inventory on the farm and very little of the anticipated 2016 crop has been priced. Farmers are all asking the same question: How long are prices going to stay down?

Drop in farmland acres, increase in farm size - Texas Farm Bureau

Drop in farmland acres, increase in farm size - Texas Farm Bureau: A recent report shows a million-acre drop in farmland acres and an increase in farm size. It’s a slow-moving, but consistent trend, according to AgWeb.

The report, Farms and Land in Farms 2015 Summary, was released by the U.S. Department of Agriculture.

It shows the number of farms decreased by 18,000 and farm acres went down 1 million acres from 2014.

Study: Most Urban Farmers Have Social Mission, Aren't Making Living - CityLab

Study: Most Urban Farmers Have Social Mission, Aren't Making Living - CityLab: A new type of agriculture has recently taken shape in American cities. Vacant properties and high-rise rooftops are morphing into farms, yielding fresh produce and honey, and exposing urban dwellers to the once strictly rural activity of food production. But sadly (and perhaps nor surprisingly), it might be a passing fad.

Dodging Wind Farms and Bullets in the Arctic

Dodging Wind Farms and Bullets in the Arctic: A lone reindeer emerges�from the forest, prompting the Sami herders to bring their snowmobiles to a stop in the middle of a clearing. All three�are bundled in sheepskin hats and wool capes, called�luhka,�against the chill wind of a late-January morning in the Norwegian Arctic.�

Recoupling crops and livestock offers energy savings to Northeast dairy farmers

Recoupling crops and livestock offers energy savings to Northeast dairy farmers: For Pennsylvania dairy farmers, producing feed grain on-farm requires significantly less energy than importing it from the Midwest, according to Penn State researchers whose findings may help dairy farmers save energy and money in the face of rising feed costs.

South Africa farms may need $1.15 billion rand to recover from drought -industry group - Yahoo News

South Africa farms may need $1.15 billion rand to recover from drought -industry group - Yahoo News: South Africa's farming sector may need up to 18 billion rand ($1 billion) over the next three years in financial assistance to recover from a devastating drought, industry group Agri SA said on Wednesday.

Successful Farming G... | Policy News | Agriculture

Successful Farming G... | Policy News | Agriculture: Fernando Fumes Monzote is starting his own Cuban revolution – in the soil.
As an academic now turned farmer, Monzote (shown at left) is not interested in a revolution such as the one that overthrew the Cuban government in 1959. He’s interested in changing how this island country farms and how it can sustain its people with food and a life on the land. “I am here today as a farmer, after 20 years in the academic sector,” he says.
Monzote shared his farm with Successful Farming magazine and a touring delegation, including agricultural companies, commodity association members, and government officials from the state of Iowa. He wants to start a relationship and to expand trade between Cuba and the U.S. �

IICA launches climate-smart agriculture contest for Eastern C’bean states - News - JamaicaObserver.com

IICA launches climate-smart agriculture contest for Eastern C’bean states - News - JamaicaObserver.com: The Inter-American Institute for Cooperation on Agriculture (IICA) yesterday announced that it has launched a competition that seeks to identify successful cases of climate-smart practices in the Caribbean.

It said the competition, titled ‘Climate Smart Agriculture: Stories from Farmers in the Eastern Caribbean States’, is open to organisations in Antigua and Barbuda, Dominica, Grenada, St Lucia, St Kitts and Nevis, and St Vincent and the Grenadines.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Weather conditions in South America continue to be ideal for most areas. Many analysts are nudging up soybean production in Brazil and Argentina. Crop conditions for safrina corn crop are supportive for growth as Brazilian farmers are running ahead on their planting pace.

Wall Street steady after Super Tuesday

Wall Street steady after Super Tuesday: U.S. stock index futures indicated a narrowly lower open on Wednesday as investors digested a global rally in risk assets and a big night for U.S. politics.

European and Asian markets pushed higher after a stellar rally on Wall Street on Tuesday. Stocks surged in the U.S. Tuesday, in the best start to a month in more than three years. The Dow closed up 2.1 percent at 16,865 and the S&P 500 bounced 2.4 percent to 1,978.

Equities were boosted by a few factors, including February ISM manufacturing data and oil, which rallied to close near the key $35 per barrel area. But investors are set to pause for breath on Wednesday.

Tuesday, March 01, 2016

Iverstine Family Farms plans full-service butcher shop in Baton Rouge | The Advocate — Baton Rouge, Louisiana

Iverstine Family Farms plans full-service butcher shop in Baton Rouge | The Advocate — Baton Rouge, Louisiana: Baton Rouge shoppers will soon have another source of locally produced meats when Iverstine Family Farms in Kentwood opens a full-service butcher shop in Baton Rouge this summer.

TASS: Business & Economy - Ruling Russian party proposes confiscation of farmlands abandoned for 2 years

TASS: Business & Economy - Ruling Russian party proposes confiscation of farmlands abandoned for 2 years: State Duma deputies representing the United Russia party have come up with a bill envisioning amendments to the Law on the Turnover of Lands Suitable for Farming, Izvestia daily said on Tuesday.
Specifically, the amendments will make it possible to confiscate the lands not used for the designated purpose for two years. The uncultivated land plots will be put up for sales,

Russia to Create 'Green Corridors' for Iran's Agriculture – Deputy Minister

Russia to Create 'Green Corridors' for Iran's Agriculture – Deputy Minister: Russian Deputy Agriculture Minister reported Monday about initiatives to create "green corridors" in the southern Russian Republic of Dagestan to reduce the delivery times of Iranian products, increase volumes and legalize current deliveries.

Sam Turner shares his passion for agriculture and gets back to his rural American roots – The Maneater

Sam Turner shares his passion for agriculture and gets back to his rural American roots – The Maneater: Junior Sam Turner has spent most of his life advocating for something we all know and love: food.

“The importance of agriculture is pretty simple,” Turner said. “People have to eat and people like to eat. Promoting agriculture is actually pretty easy.”

Now, Turner is setting his sights on becoming the Missouri Students Association president. He said he wants to bring a fresh perspective a new ideas into MSA.

The prognosis for wheat prices: not so good | Wheat content from Southwest Farm Press

The prognosis for wheat prices: not so good | Wheat content from Southwest Farm Press: Elevators are offering from minus 60 cents to minus 46 cents basis the KC July 2016 wheat contract price for 2016 harvest-delivered wheat. With the KC July price at $4.65 (using a minus 50 cents basis), the forward contract price for harvest delivered wheat is $4.15.

The out-of-pocket cost for producing wheat (assuming a 30 bushel average yield) may be between $4.50 and $5.50 per bushel. Using a forward contract price of $4.15 ($4.65-0.50) and a $5.00 per bushel cost of production, producers are looking at losing 85 cents per bushel, or $25.50 per acre.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on the start of a new month. All markets are in the green as traders bring a risk on attitude to “turn around Tuesday.” Macro traders will be watching for the results of Super Tuesday in the US Presidential election process.

Allendale Inc. is holding its Annual Planted Acreage Survey. Your help is welcome by going to http://www.allendale-inc.com/acreagesurvey/. We will be gathering your planting intention information through March 11 and releasing the survey results on March 16, 2016.

Corn export sales have improved in recent weeks running 2% greater than the 5 year average. If we keep this pace up for the rest of the marketing year total sales word be 1.463 billion bushel and USDA’s goal for this year is 1.650 billion bushel.