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Tag Archives: crops

CROP UPDATE

FSA acreage data for 2014 crops is slated to be released on Tuesday.

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CLIMATE CORP

The Wall Street Journal has an article profiling Climate Corp. CEO David Friedberg. The lifelong vegetarian has also emerged as an unlikely champion of Monsanto at a time when the company—and the business of genetically engineering crops that it pioneered—face intensifying attacks.  Friedberg says attacks on GMOs and agriculture are unwarranted.

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AG INVESTMENT DOWN

Bloomberg News reports the investment binge in U.S. agriculture funds has ended as record crops and the promise of improving meat supplies send prices plunging. After taking in more money than precious metals or energy funds during the first five months of 2014, exchange-traded products backed by agriculture had a net outflow for the year… read more

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GMO BAN

A federal judge has ruled against a new law in Hawaii curbing the planting of genetically modified crops. In his ruling, the judge said state law pre-empted the ordinance adopted this past November by the island of Kauai.

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FARMWEEK PREVIEW

 Check out FarmWeek on Monday for details on Pro Farmer’s recent crop tour and our annual Harvest supplement.  

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STORAGE CRUNCH THIS FALL

The U.S. transportation network is inadequate to cope with bumper crops due to be harvested this season, creating a critical role for storage operations, the head of CHS Inc., told Reuters this week.

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PREVENTED PLANTINGS

 USDA data released Friday shows 2014 corn prevent plant acres at 1.541 mln, soybean prevent plant acres at 827,000 acres and 1.360 mln acres of wheat were prevent planted.  

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DRONE USAGE

 An Associated Press story this week looks at how UAVs will be used in the future.  At least 75 percent of the drone use in civilian airspace is expected to involve agriculture. When the Northern Plains Unmanned Aircraft Systems Test Site became operational last spring, it began testing how drones can check soil quality and… read more

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CERES REPORT

U.S. companies relying on farmers for the raw materials in their products must take a more active role in ensuring the crops are grown in a way that minimizes damage to water, soil, and environment, a new report says. Ceres, a Boston-based nonprofit network of investors, companies, and public interest groups, focused in its report… read more

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ARC OR PLC

Your farm program choices of ARC or PLC will likely be based on expected crop prices over the next 5 years. While tough to predict, U of I ag economist Gary Schnitkey says history may give a clue. “A reasonable estimate of the mean annual price for corn is $4.50 per bushel” says Schnitkey. If… read more

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