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Friday, January 08, 2016

Global farmland investment expert takes up OFC reins | NFU news - NFU Online

Global farmland investment expert takes up OFC reins | NFU news - NFU Online: A global farmland investment expert will be the next chairman of the Oxford Farming Conference, it was announced this week.

Martin Davies, chief executive of Westchester Group Investment Management Europe, will be at the helm of the 2017 conference.

He will lead the Oxford Farming Conference for the next 12 months, delivering the range of activities undertaken by the charity’s board of directors, including the Arable Conference at the Cereals Event, the comprehensive scholar programme and the main 2017 conference.

Farmland Values Stabilize in Western Corn Belt | Agweb.com

Farmland Values Stabilize in Western Corn Belt | Agweb.com: Farmland values remained stable to slightly weaker in the western Corn Belt the last half of 2015, according to the semi-annual appraisal update conducted by Farm Credit Services of America (FCSAmerica), Omaha, Neb., and Frontier Farm Credit, Manhattan, Kansas. The appraisal teams of the two large ag lenders update the value of 71 benchmark farms each Jan. 1 and July 1. Frontier Farm Credit joined FCSAmerica in this semi-annual appraisal update in January 2015, which means historical data will be available for Kansas over time.

Kern farmland holds its value as boom wanes - The Bakersfield Californian

Kern farmland holds its value as boom wanes - The Bakersfield Californian: Prices for Kern County agricultural property held stable last year, and rose in some cases, according to a new report suggesting the boom in local farmland since 2005 may have slowed but has not gone bust.

The year-end 2015 report by Bakersfield brokerage Alliance Ag Services says local farmland at least maintained its value in most categories, but that where it didn’t, the problem was access to water as opposed to investors losing their enthusiasm for agriculture.

China’s economic problems being felt by Wisconsin agriculture | News - Channel3000.com

China’s economic problems being felt by Wisconsin agriculture | News - Channel3000.com: China, with its emerging middle class, helped to drive what was called a “golden era” in Wisconsin agriculture. To feed one of the world’s largest populations, China purchased dairy, poultry, meat and grains from Wisconsin farmers. Approximately one-fifth of the world’s population lives in China.

“The impact that China has on global agriculture can never be undersold. Imagine that half of the pigs on the entire planet are consumed in China. Even closer to home in Wisconsin, one out of every four rows of corn in the United States is going to China,” Langan said.

The weakening of China’s currency, combined with the strengthening of the U.S. dollar, has also caused problems. China has turned to New Zealand for purchases of dairy and South America to buy grains.

Annual poster contest asks students to illustrate Nebraska agriculture - Omaha.com: Good News

Annual poster contest asks students to illustrate Nebraska agriculture - Omaha.com: Good News: The Nebraska Department of Agriculture is accepting entries for its 13th annual Agriculture Week in Nebraska poster contest.
The contest, open to all Nebraska students in first through sixth grades, highlights the diversity of agriculture and raises awareness of the importance of agriculture in the state.

Brexit would hit value of farmland investments - FT.com

Brexit would hit value of farmland investments - FT.com: A British exit from the European Union would hit investment in farmland if subsidy payments were to be cut, leading some farms to become “unviable”, farming consultants have warned.
The possibility that the UK could depart the EU following a referendum on membership has focused investors’ attention on asset classes with a stake in the funding support and trade protection afforded by the bloc.

Blizzard kills an estimated 12,000 beef cattle, another 40,000 missing | Cattle Network

Blizzard kills an estimated 12,000 beef cattle, another 40,000 missing | Cattle Network: Winter storm Goliath left a wave of dead and stray beef cattle in its wake as the blizzard pushed across the Panhandle region of Texas last week.

Officials with Texas and Southwestern Cattle Raisers Association (TSCRA) estimate 4,000 feedlot cattle� died from the storm, with another 6,000-8,000 stocker cattle perishing on the High Plains. Those numbers still could rise as snow drifts continue to melt, revealing more dead cattle from the Dec. 26 storm.

Wall Street looks to jobs report, eyes China

Wall Street looks to jobs report, eyes China: U.S. stock index futures indicated a higher open on Friday as traders reacted to continued volatility in Chinese markets and anticipated the monthly jobs report.

Usually the most anticipated data of the month, the jobs report may take a back seat to the market turmoil over China's economy and its weakening currency.

The Shanghai Composite closed 1.98 percent higher on Friday, one day after a seven percent stock drop triggered a circuit breaker and forced Chinese markets to close early for the second time in a week.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are higher on short covering supported by firmer stock markets around the world. The US Dollar regained half of yesterday’s loss while crude oil has stabilized. Traders nerves are on edge as US grain reports approach and with China’s economic stability uncertain.