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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.