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Monday, January 04, 2016

China slowdown to hit luxury real estate

China slowdown to hit luxury real estate: Luxury prices for the world's major cities are expected to slow by nearly half this year, from 3 percent in 2015 to 1.7 percent in 2016, according to the latest Knight Frank Prime Cities Forecast. The report said China's economic slowdown is mainly to blame, although rising rates in the U.S. and a slowdown in other emerging markets will also add to the headwinds.

South Canterbury's dry farms still 'on a knife edge' | Stuff.co.nz

South Canterbury's dry farms still 'on a knife edge' | Stuff.co.nz: Some South Canterbury farms remain in a tough position despite recent rain, a farming spokesman says.

Federated Farmers South Canterbury president Mark Adams said on Tuesday rain and drizzle in recent weeks was welcome.

One dairy farmer he spoke to had expected to be milking once a day by Christmas but was "still chugging through".

However, coming weeks had the potential to make matters more difficult for farmers, Adams said.

"We're relieved with where we are right now but still on a knife edge."

Successful Land Sale: Year-End Sale in Eastern Iowa Nets $7,600

Successful Land Sale... | Real Estate | Agriculture: Spending a little time at a local farmland auction is not a bad way to spend part of the holiday season, and the sale of 181.68 acres in Johnson County, Iowa, didn't disappoint.
The farm featured three contiguous tracts between Riverside and Lone Tree. There were two tracts of farmland and a 40.04-acre parcel of wooded land.

Session preview 2016: New water rules for farmers top list of agriculture committee priorities | VTDigger

Session preview 2016: New water rules for farmers top list of agriculture committee priorities | VTDigger: Vermont’s new water-quality law comes with many new requirements for farmers.

But how Vermont will enforce mandatory agricultural practices is still a matter of debate.

While the House and Senate agricultural committees are considering a long list of issues in 2016, ranging from departmental fees to honey bees, officials say the primary focus will be the implications of sweeping new water-quality standards for livestock and land management.

USDA Blog China’s Impacts of Slowing Growth on Trade and Agriculture in the U.S.

USDA Blog � China’s Impacts of Slowing Growth on Trade and Agriculture in the U.S.: International trade is a major factor in the American agricultural economy.� A key player is China. �In fact China’s impact on slowing growth on trade and agriculture is a session topic during the 2016 United States Department of Agriculture’s Agricultural Outlook Forum.

Over the last two decades, China’s economic prosperity and increased consumer demand for food has significantly contributed to the record growth in United States agricultural exports.� From fiscal year (FY) 2000 to FY 2015, the value of U.S. agricultural and related exports to China rose from $1.7 to $25.9 billion dollars.� Currently, nearly 17 percent of all U.S. agricultural exports are destined for the Chinese market.� These export figures highlight the critical importance of the U.S.-China trade relationship for U.S. agriculture and underscores the United States interest in China’s ability to maintain a strong and stable economy.

BlackburnNews.com - NFU: Farmland Prices Major Barrier To New Farmers

BlackburnNews.com - NFU: Farmland Prices Major Barrier To New Farmers: The high cost of land ownership is one of the major barriers to new farmers in Ontario.

That’s according to a National Farmers Union youth report called ‘Critical Issues for New Farmers’.

The report cited the lack of financing available to new farmers and the low profitability of farming as additional barriers faced by new farmers.

It proposed the creation of a Canadian National New Farmer Coalition to advance food sovereignty and encourage and support a new generation of farmers in Canada.

Grains are Weak for the start of the New Year | Agweb.com

Grains are Weak for the start of the New Year | Agweb.com: Grains were weaker to begin the New Year with beans leading to the downside, falling below $8.60 for the first time in two weeks.� In outside markets, S&P futures plunged lower giving up nearly 1.5% on the heels of a 7% drawdown in Chinese stocks and the US dollar fell by 0.5%. Crude oil was up slightly trying to bounce off of its recent lows.

Soybean prices start year lower after rains in Brazil

GRAINS-Soybean prices start year lower after rains in Brazil: Chicago soybean futures slid on Monday to touch a two-week low, with rain in Brazil's top soybean belt keeping the country on course for a bumper harvest, on top of already ample global supply of the oilseed.

Wheat edged lower as worries about weather risks for U.S. and Black Sea crops eased and large worldwide stocks continued to cap prices, while corn was almost flat in light volumes.

Grains Fourth Quarter Review And The Outlook For 2016 | Seeking Alpha

Grains Fourth Quarter Review And The Outlook For 2016 | Seeking Alpha

Do farm kids need a prenup? | Cattle Network

Do farm kids need a prenup? | Cattle Network: It’s no secret. As land prices, equipment and asset values creep higher, so does the value of the family farm. Today it’s not uncommon for values to be in the six or seven figure range. That’s why one expert says, as kids get married and spouses come on board, it may be time to consider protecting that asset.

Keep Your Cash-Flow Options Open | Agweb.com

Keep Your Cash-Flow Options Open | Agweb.com: Domestic and international stocks of corn, soybeans and wheat are at multiyear highs, and technology has helped maintain high yields during adverse conditions. �

Global Stocks Sink After China Index Dives 7 Percent - ABC News

Global Stocks Sink After China Index Dives 7 Percent - ABC News: Chinese stocks plunged nearly 7 percent Monday, triggering an emergency trading suspension and pushing global markets sharply lower. The grim start to 2016 was caused by weak Chinese manufacturing data and tensions in the Middle East.

The Shanghai Composite Index dived 6.9 percent to 3,296.66, its lowest level in nearly three months. The drop led the Shanghai and Shenzhen stock markets to halt trading for the remainder of Monday to avert steeper falls, the official Xinhua News Agency said.

Asian markets set for cautious open; China Caixin PMI due

Asian markets set for cautious open; China Caixin PMI due: Chinese stocks plunged Monday, spurring a trading halt for the rest of the session, and leading stock markets in Asia Pacific lower after feeble manufacturing surveys revived concerns over the mainland's economic slowdown.

The Shanghai Composite tumbled 6.85 percent to 3296.66 and the Shenzhen Composite plunged 8.1 percent. The CSI 300 briefly plummeted 7.02 percent; when that index rises or falls 7 percent, a trading halt in China's markets is triggered for the rest of the session.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are lower as global traders are concerned about demand. Weak economic data out of China is creating a risk off attitude across world equity and commodity markets. Chinese’s stock markets halts trading due to price declines.

World Weather Inc.’s general forecast remains mostly unchanged from that of last Thursday with nearly all of Brazil getting rain at one time or another during the next two weeks. The precipitation will be sufficient in the north through Friday of this week to improve topsoil moisture in most crop areas and to reduce concern over further declines in production potential.