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Search Results 0 to 37 of about 38 (some duplicates have been removed)
Apr 11, 2010 4:00am EDT
china. tremendous demand from china. and maybe corn business with china? i don't think it is so much as maybe we send corn to them as the fact that they stopped exporting corn. that could be the real wild card on the demand side of the equation, the unknown will be the supply side of the occasion and that's based on the weather. >> didn't say much about europ. >> when you talk about corn, it is pretty much us. >> when you talk about wheat, that is every country? >> yes. they are having a good run of it this year. there is no worries down in australia but you grow wheat in every done of the world. i know a guy that had some in alaska. >> he did? >> yes. >> we'll be back with more u.s. farm report. >> your guests jim hem minjer and gary howard, the former analyst on the floor. i'm going to ask you gentlemen at this point in time, i'll start with you, jim, that is the outside money and i guess it is funded, that a couple years ago affected the agricultural prices. is that still there in because the prices are relatively higher. what's the situation? >> the money is still there and
Nov 26, 2016 5:00am CST
china and south welcome back. well john mentioned cotton before the break. let's dive into that a little bit more. john cotton harvest is running behind in texas right now. what kind of uncertainty is that creating in the cotton market if at all? we have this december delivery essentially bet on the harvest coming out of the the ground here and meeting that december contract, we essentially came to the realization last week that that wasn't going happen. so we saw the front months of cotton, march and december of this year, really really jump this week. and then the deferred contracts kind of stay stagnant. the story going forward here i think, is not going to be about production it's just going to be about getting it out on time. the report we saw on monday showed lds. but i will say we mentioned in the segment before, soybeans, cotton and copper have really performed on the stage post-trump. so the idea for a sell-off here would be i think a little bit premature, but we're looking in acreage for next year along with a pretty substantial carry out. for where we sit, loking at the
Feb 7, 2010 4:00am EST
talking about corn, i'm going to go to you for beans so you can go ahead but china has been a big buyer of beans but one of these days they are going to start buying them from brazil and argentina. you told me earlier their price was $14 less than the united states. >> yeah, this week alone it dropped that much. >> okay. per ton or bushel. >> per ton. the spread is getting beneficial for them to start witching their purse purchases, whether they switch old or new purchases. >> go ahead. >> that's not the end of the world though, that everything switches down there. because one of the things you see is we have this homongous demand from china, and we did all these things so our carry out actually at this point from that standpoint it's pretty good for prices but when we switched down to south america and they start buying all these beans they use a lot of futures in the u.s. to hedge them. we still get the end pricing on the floor of it even though they purchase it in south america. we need to have them do it is still come along and make a purchase in south america and be able to use as
Oct 25, 2015 5:00am CDT
government spending. china is lifting restrictions on u-s pork processing plants, opening the door for as much as half of u-s pork processed in the u-s. china banned pork from u-s plants after officials found traces of ractopamine starting a year ago. imports can now come from 14 u-s plants and warehouses. china is the largest buyer of pork. a supply and demand imblance is creating a slow recovery in the global pork market. a new report from rabobank shows adverse exchange rates hurt pork trade in the third quarter of this year. and with elevated price levels today, the remainder of this term, the main question is how much growth we'll see in major importing countries, and how that will impact trade. the u-s is putting the breaks on milk production, with the latest numbers showign the slowest rate of increase all year. the u-s department of agriculture says milk ouput grew less than one half of a percent in september. and looking at the third quarter, production rose almost one percent. california continues to lead the pack in the decline, with the state milk numbers down 3 point 6 per
Apr 29, 2012 4:00am EDT
one line at a time? . >> i would say that the most port thing is the china defanned for corn and beans and a little bit of wheat. >> bse can't be ignored, it's rocked the world of the livestock market on tuesday when it was released. >> well i was going to say two things, other things? >> i think the other thing is the reduction in the south american crop, particularly argentina, talk of a frost, i think it was wednesday night that may have done damage. >> that was in argentina. >> what they came out and said that probably didn't do a lot of damage but we have seen old crop corn and beans take a huge jump in the last few days. >> i will count that as number four and another thing that come into market that we should talk about. >> we just came through may option and we are closing out the month. lots of trade as we wrap up the end of the month and the end of the week. >> anything else? >> you know along with that we have first notice, we have seen again more jacking of the position because of that. these are all the factor that have really, caused the markets to have the volatility. >>
Dec 5, 2015 5:00am CST
because the price is so cheap for the powder. it's going to china, but we still have a lot of butter that's not being exported and cheddar, and that's what we have to start getting through. we have to get those markets out. >> okay, real quick, angie, talk about the end user and the pull through, some of these livestock folks, pulling some of this grain we've got a big crop. >> oh yeah, yeah. i mean the good part about having increased herds when it comes to livestock and then we're replenishing our poultry numbers of course, because we hopefully at this point in time seemed to have missed that bullet again of the bird flu epidemic this fall that the usda was anticipating. that's helpful from a feed standpoint. million dollar question of course though is we are making a lot of ethanol, which we're making ddgs as a result. china's come in and told us for the second time in four years they don't want our distillers, so we are getting a little backed up on that. soil bio diesel, things like that. in order to get soy oil you have to crush beans and get soybean meal. so the one thi
Nov 29, 2009 4:00am EST
exporter isn't in the market at all, argentina, and china is building reserves, you have the potential to still seek some better prices at this time. so, you know, china is not happy with us and neither is brazil with the dollar going down because we're so competitive against china and also for brazil for their pricing of their beans. but in the meantime i think that we're gonna see some chances for much better prices in corn, you're gonna have an acreage fight this year, this last year you didn't because the ethanol industry was suffering but that's back on track so as screws stands it holds its ground here and one way to kind of keep an eye on these commodities is the balance particular dry states. we have hit 6-month highs and we're not superfar from where we were in '08. >> i see you nodding. >> quite a bit i agree with but the u.s. is starting to come under a lot of pressure to do something about the value of the dollar. >> at the g20 where the dollar isn't the standard any longer. >> yeah. >> a lot of that pressure is coming out of europe and it's because of china's peg
Jan 30, 2011 4:00am EST
. >> that can thank you, john and hello, everyone. global supplies can't keep pace with china's demand. hit -- that's more than double a year ago. growers are adding cotton acres this year. >> right now we're looking at the come -- commodity prices so we're very suitable for cotton so we're probably going to double our acreage in cotton. we'll probably back off from rice a little because the pricing there looks weak. >> reporter: an additional 2 1/2 -- some growers wondered how many acres cotton will take away from their favorite crop. >> the cotton competition, cotton up a dollar abpound. soy beans over 13. well, as a farmer i've got to pick out which one is my input cost and that is a big decision that's going to need to be made between now and planting day. >> reporter: peanuts are hitting 550 a ton but say they need to hit $600 to compete with cotton. some of the most successful farmers gathered this week. among the attendees, the 2011 producer of the year. jim klein from hartford city indiana. klein was one of three nominees that looks at not only the business ledger but community
Jan 9, 2016 5:00am EST
fall to roughly 6 percent. adding that in 2015 exports to china were down 4 billion dollars or 13 percent. it expects that to fall even further in the new year. oil prices also trickling lower during the week--dropping into the low 30's for the first time in 12 years. west texas intermediate and brent crude both down 12 percent in the first week of the year. analysts say it's likely prices could fall to 25 dollars a barrel. oil company stocks also feeling the pressure. while parts of brazil have seen decent rains in recent weeks, our reporting partners at pro-farmer say drought remains very serious issue in parts of brazil. the leading soybean state of mata grosso is very dry...however three quarters of mato grosso saw between 3 and 8 inches of rain in the last 10 days. while the center west district - which is brazils largest soybean region - has a rainfall deficit. it's about 60-percent of normal. traders in chicago are watching closely. <"forecasts for few weeks, just about everybody will get at least some rain out of it. but until now the rains haven't been that beneficial. in
Feb 21, 2016 5:00am CST
. china's appetitie for u-s soybeans continues to fade. our partners at pro farmer reporting china imported 5.66 million metric tons of soybeans in january. that's a 38 percent drop from december and 17 percent less promising 2016. rabobank says after a very challenging end to 2015, margins are improving. in rabobank's first poultry quarterly report of the year, analysts say better demand and lower supply in countires like u-s, china, thailand and europe are helping reduce the hefty supply issue we saw last year. in china, new restrictiosn on breeding stock will help keep tbird numbers down. but prices will still remain volatile due to avian influenza. the chem china and syngenta acquisition could open the door for g-m crops in china.. that's according to syngenta's leadership reuters reporting, the 43 billion dollar deal likely to give syngenta unrivaled access to the chinese market--the world's largest grain producer. also heating up, discussions about oil production and the impact on prices. four major producers, qatar, russia, saudi arabia and venezuela announcing a joint agree
Feb 14, 2016 5:00am PST
china's loss of imports. and as we worked our way forward, we now have a new home for all of this new product and it's not showing up. so the pressure that puts on our markets is farily significat. > with milk sitting below 14 dollars, he thinks the annual spring flush will pressure prices even more, possibly down to the 13 or even 12 dollar range. those are the headlines...meteorologist mike hoffman joins us now with weather. mike, do we warm up any next week? thanks, tyne. you are definitely going to warm up. how much depends on exactly where you live, but it will definitely be more tolerable, some dry areas developing in parts of the northeast. also, we are seeing a little bit of extreme drought there popping up in western portions of montana as it gets dryer there. the worst area of california, nevada continues to slowly shrink, but it is still taking a while as it does with long term drought we are also starting to see some pockets of slightly dry conditions in texas now. let's go day by day this week: we are going to see some systems moving across the country, this is going to b
Nov 21, 2010 4:00am EST
about out of china was they are very, very, very concerned about inflation in china right now. this is the most pressure that i think i've ever seen maybe in any market where they've taken that much food inflation and pumped it up to the degree that they have. this week, believe it or not, corn was down 20 today, but china corn hit 950. so the commodity exchange, earlier in the week, the up prices has got china trying to figure out a way to make these prices going down. people in china are spending half of their income on food. it's a huge hit to take. their president talked about it. they raised the federal reserve rate by .5. they're trying drastically to knock food braces praise -- prices down. >> some of the guys in your business say china is doing that because if they can get us to lower our corn prices, they're going come in and buy more corn. is that what's happening or are they trying to take care of what's happening in their country? >> well, this is the first year that the demand is higher than what they can produce. >> in china? >> in china. i think it would be close to 1
Nov 29, 2015 6:00am CST
biotech crops. after meeting in china for bilateral talks, vilsack says the chinese are currently 'reviewing eleven agricultural bio-tech events pending approval and they're also continuing a dialogue on access for u.s. beef.' the beef market has been closed to the u.s. since 2003. vilsack says he hopes for action over the next 30 to 60 days. usda rolling out the october cattle on feed numbers. the number of cattle and calves on n ed climbed two perct from a year ago, coming in ten-point-eight million head. however, placements into feedlots last month dropping four percent--as owners either refuse or are unwilling to pay current prices. the sterling profit trackers says last week feed yards were losing an yard or marketings in october also off-down 3 percent year over year to lowest point in 19 years. the latest crop progress report indicating most of the major crops are out of the fifid. cotton harvest remains sluggish wititonly 70 percent harvested nationwide. and while 96 percent of winter wheat is in the ground some key southern states--north carolina and texas are behind thei
Jan 24, 2016 5:00am CST
last year, sluggish demand and market turmoil in china will only further hurt prices. canadian processor saputo predicts milk prices to remain depressed in 2016. and now it's a question of which country's producers can handle the lower prices and adapt to volatility. canada based potash corp says its halting production at a mine in new burnswick. the picadilliy mine just opened in late 2014--and was expected to crank out up to one point 8 million tons of potash a year. but prices have dropped significantly in recent years...from 900 dollars a ton in 2008 to roughly 300 a ton now. the decision to indefinitely suspend production will result in more than 400 layoffs..although it will be capable of restarting production if prices increase. those are the headlines...let's check in now with meteorologist mike hoffman. mike, things are going to take a while for some folks to dig out from this one. the good news is that storm will continue to move off shore and things will slowly improve for the rest of the weekend and it has been slowly improving in the drought areas out west, while y
Jan 10, 2016 5:00am PST
year. >> yeah, and we look kind of the macro economy, gregg, we're talking we saw china suspend trading a couple times this week. our markets here at home have one of the worst starts ever. where does that take us or what do you see there? >> well, look, you know, the chinese are doing a terrible job trying to micro manage the stock market and it looks like they took off these parameters here last night and they got chinese new year coming up here first week of february so, they got to clean this up and that and the world is, you know, at times, you know, some traders are taking it, you know, and that's why they're selling off everywhere because of it like what happened back in august, but probably more of the that is a domestic stock market. i think the bigger issue's not that stock market price action renminbi yuan on off shore. >> right. >> those are where the bigger concerns are because the chinese now have had to since they've been instituted in sdrs with the imf, now they're reserved currency, only about 2% takes place in their trading, but they've had to spin almost a tri
Jan 3, 2016 5:00am CST
recently took out to china because it was; it gave you some good insight into the economic situation there, and they're a major x1e;x1e; >> well, i think; the one thing i noticed was they have some problems in their farm program, and so, like, those things are going to get ironed out. the way that they use quota prices to buy grain. that's all going to change. it wasn't a very good way to do it. it pretty much messed up their rice storage and their rice usage in where they buy rice and same things were happening in corn, and so you're going to see that whole program flipped in the next x1e;x1e; they're putting together, like, a threex1e;year plan to really go to a world price, and they're going to try to open the acres up to bigger livestock side of it, particularly beef and dairy, and they're always with the onex1e;kid policy, everything's changing to two. i think you're going to see economic growth and you're going to see more consumption on all the livestock and that kind of thing. >> so could be some more opportunities. >> but you're going to see yields go up in corn as well. >>
Nov 6, 2016 3:30am CST
peso you know we often think of the glamour of exports of globally-- going to china and going places in the world. but really when you look at our major customers are north and south of our border. and we need to make sure that the peso in canadian dollar are compatible with with our dollar so we keep that trade flow going. those are livestock markets. when we look at cattle prices the new month flipped we saw some pretty impressive gains are but have we found a bottom here short-term in this cattle market? well maybe a short term bottom. the last cattle on feed report was encouraging. we finally started to cut down on our numbers. unfortunately comes at a time when demand tends to go into a holiday season. we have more turkeys more hams etcetera so it's a concern. we've seen some signs of encouraging export demand that's helped out . but this past week's trade is really disappointing. we thought we'd see some more build on the cash market. we really didn't. it was mostly steady. i think the online auction was the first sign of that and when the rally started to lose some mome
Search Results 0 to 37 of about 38 (some duplicates have been removed)