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Monday, February 29, 2016

USDA Warns of Record-High Supply of Corn

USDA: Brace for Big Ending Stocks | Agweb.com: “I would describe the 16/17 forecasts as bearish,” said Brian Basting of Advance Trading, highlighting the big� numbers: Nearly a 2.0 billion carry-out for corn, soybeans near unchanged from this year at a burdensome 440 million bushels and wheat approaching 1.0 billion bushels.”

Family farms connect personally with hungry customers

Family farms connect personally with hungry customers: Stephanie Conforti of Estero checked in at the U-pick stand and grabbed some buckets. Accompanied by her children, Skye, 7, and Dante, 3, and her friend, Brittany Hunter, the group headed out into the fields with one thought — strawberries.

Unlike the grocery where the food is already boxed up for you, it takes a little bit of knowledge and experience to know which berries to pick and which to leave — experience a 3-year-old lacks. Dante picks up a rotten strawberry someone else dropped between the rows.

Fears banks will leave farms in the cold | Radio New Zealand News

Fears banks will leave farms in the cold | Radio New Zealand News: With some dairy farmers being told their business is no longer viable, many are concerned banks will not support them through winter.
The Reserve Bank says dairy farm debt has reached $38 billion and a recent Federated Farmers poll found more than one in 10 are already under pressure from banks over their mortgage.

Australia sees agriculture output boost as El Nino fades - Yahoo News

Australia sees agriculture output boost as El Nino fades - Yahoo News: Australia's agriculture production is set to rebound as the strongest El Nino in nearly 20 years that wilted crops and triggered bush fires subsides, the country's chief commodity forecaster said on Tuesday.

Joyce urges super funds to invest in agriculture | afr.com

Joyce urges super funds to invest in agriculture | afr.com: Deputy Prime Minister Barnaby Joyce is set to argue that Australian super funds need to increase�their agricultural�investments because�they are "outperforming"�iron ore and coal in the nation's economic transition.

Mr Joyce's speech at the annual Australian Bureau of Agricultural and Resource Economics�in Canberra on Tuesday comes amid fierce debate over foreign investment in Australian farms after the sale of the Van Diemen's Land Company to Chinese company Moon Lake Investments.

Wake Up Call Allendale Advisory Center

Wake Up Call Allendale Advisory Center: Grain markets are mostly higher on short covering. Outside markets are relatively quiet with the US Dollar up and crude oil lower.