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Search Results 0 to 18 of about 19 (some duplicates have been removed)
Oct 16, 2016 3:30am CDT
smaller than forecasted in the previous rger than expected purchases out of china, the world's largest cotton buyer, raising the estimate of chinese buying by half a million bales. florida's orange crop is projected to be a whopping 70 percent lower than 20 years ago. florida ag commissioner adam putnam using the startling statistic to push for a cure for citrus greening. usda's forecasting 70 million boxes of oranges for the 2016-2017 season. that's off 14 percent from last year. cattle prices continue to slump this week. u.s. cattle futures falling to a six year low tuesday. october live cattle futures settling at 97- 50...that's the lowest closing front month price since october of 2010.
Oct 15, 2016 5:00am CDT
china so where's the good wheat, wher's it going to come from and you start looking at milling quality of narrows it down a lot and so to me that the limit on the export is not going ot be so much the dollar it's going to be what can we physically move in the year i mean there's we're it is goign to be interesteting to see if we can ship it and even with the rally in the dollar were still in incredibly low prices over the last six or eight years so it's still very affordable for most of it so you think that these demand numbers that usda came out with this week you think it is attainable why not?if you want quality wheat, youre' going to come ot the us for it. what about beans and corn? we've got a lot of beans and corn to get rid of them were doing a good job and we've got record exports on the books for corn an dbeans doesn't look like that's changing the dollar doesn't seem to be on stopping it all. every time we get a break in the bean market the chinese a seemingly standing there buy some more on the fund's along a little bit of beans were not nearly where they could be an
Jan 16, 2011 4:00am EST
soybeans is now 140 million bushels down 25 million from december. strong demand from china continues to eat away at supply. add it up, and it appears the battle for acreage will be fierce this spring. >> the big picture, guys, the big picture is that the market has not done enough to buy corn acres for 2011 seeding and soybeans aren't just going to willingly hand those acres off not with 140 million bushel beginning stocks. there's no cushion on the supply side going into the 2011 season for corn or for soybeans. as a result of that, these markets are going to be fighting for every acre that they can get ahold of between now and the spring planting season and with an acreage battle setting up like it is right now, we've got to expect some better new crops, marketing opportunities in the weeks and months ahead. for the he had tors of pro farmer in cedar falls, iowa, i'm chip flory. >>> a top economist at the usda believes the bull market will create more crop acreage in 2011. speak at the american farm bureau convention in atlanta, he says as many as 10 million more acres could come into
Sep 19, 2010 4:00am EDT
violence on friday, several things, china had a frost in the northern cornbelt and quebec had a frost and just a general mania starting to kick in the market. we close at the high end range over five dollars mark on corn and beans and wheat. everything was strong across the board. >> demand market. one hundred percent in demand or are we worried about supply? >> yeah. >> we are moving from -- we are moving to a point where it's more fear of future demand and fear of future supply and where is that demand ration develop? that is what we will try to find out. >> is that what you were going to say mike? >> i would say we are still effectively in a supply market per se because if we want to try to ultimately give this any sort after fundamental flavor, the conversation drifts back to yield. it's not about what the demand is out there, certainly that will help fill in the cracks of the conversation but the heart and soul of the fundamental conversation always seems to come back to yield and what that yield will be. and you know i think we are in that kind of an environment where bob says w
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 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
May 23, 2010 4:00am EDT
wanted to ask. what are those questions? >> the european markets are affecting china. they're trying to cool down their economy and tighten up their credit. is this going to affect your -- who ultimately buys their corn. how do you feel about their demand situation? is it going to be a sharp growth? how do you think it's going affect corn? >> certainly if we see europe go into a continuen'ting wide -- it's going to affect china. so from 2007 to 2009 and early 10 when we had the worst whatever we call what we just went through. sure, we saw china's economy slow down. we saw it close to 6% growth. the rest of the world would have loved to have% growth. i believe we're going to see some sort of continent wide growth. ireland, iceland, a lot of these lesser -- less wealthy european countries have been the drivers of growth. they tier ones that are going to slow down. i think they're going to slow that continental growth down. that's going to hurt china's economy. we're talking about maybe, again, 3, 4% growth, which we should still see sustained growth in their incomes, protein demand, meat
Feb 20, 2011 4:00am EST
>>> today on u.s. farm report. incredible demand from china equals a new best customer for american agriculture. it's a sign of strong economic times as big green reports big profits. and our team of analysts draw a packed house at the national farm machinery show. >> u.s. farm report brought to you by the world of farming is changing. be ready with case ih and by chevy and their award winning cars, strucks, and crossovers. >>> hello and welcome to u.s. farm report. i'm john. well it wasn't quite a drunken sailor atmosphere, but optimism was abundant, along with an appetite for technology and power at the farm machinery show. temperatures in the 70s added to the excitement. i was no exception as i waited for a half hour just to get an estimate for a new workshop i have long desired. not for myself, of course, but for something i can attach a new greenhouse for my beloved wife, jan. spring fever has many symptoms, i guess, and obviously some of them are economic. time now for the headlines. here's trisha. >> thanks, john. the export outlook for american agriculture is only getting br
Feb 5, 2012 4:00am EST
certainly concerned about demand out here. greg is kind of an expert out here, on china, but from what i see, we see them backing off the last couple months, so that concerns me. it's been -- we've never in this down there i had three years of increasing trend-line yield, so it would be unprecedented to have the third year. if we do something in these markets that's unprecedented, we could have an unprecedented reaction and price. i would say that we might have to go a little higher. but i believe that -- i was taught in the university of illinois, in ag school, many of you might remember tom and he always used to say, mother nature takes care of excesses and mother nature takes care of deficits. i hope mother nature takes care of the deficits. >> what about china, greg? what's your outlook? we're talking about a percent off of 10% growth. >> i think the chinese leadership is more interested in control. they just announced the other day that they'll increase crushing capacity another 12 million metric tons. so their biggest thing will be civil unrest and having their food inflatio
Sep 6, 2009 4:00am EDT
china's economy slows down a little, we have a secondary low in the dow next year and all of a sudden the dow relationship to the corn we have a flat to lower market. you know since 1970, the average cycle length of corn is about five and a half years from low to low. that implies that the long-term low for this market is 2010 confirmation. everybody believes that next year is going to be like 2007, 2 # 008, a quick bounce back. and things have changed. >> we're going to be back with more u.s. farm report in just a moment. [applause] >> our round table continuing at the farm progress show. with us today is bob utterback. we have been talking about actually kind of how low corn can go if it -- we get everything in. the yield and the yield of course is the key. and nobody knows what the weather is going to do and that is what it takes. some guys talked about whether or not the dollar or the dow is going to affect corn prices. and somebody brought up china. i forget who that was at this point in time. is the dollar going to affect what has happened to corn? >> well, the dollar has
Feb 14, 2010 4:00am EST
, brazil, india and china. this week, the world was rattled by a new set of islands, the p. i. g. s. they're all struggling with enormous sovereign debt that isstruggling their economy. for what it's worth, i'm rooting for the p. i. g. s. to get their finances straightened out soon. let's get started with the headlines and trisha slowlyia. >> reporter: thank you, john. hello, everyone. even though the federal government was shutdown for most of the week because of the snowstorm, the ag department still released its monthly supply and demand reports of the major commodities. there were some surprises especially when it comes to usage. the 2009-2010 u.s. carryover of corn sits at just over 1.7 billion bushels, 45 million bushel drop from the january forecast. the analysts at the ag department forecasted a higher use of corn for ethanol. meanwhile, soybean carryover sits at 210 million bushels down 35 million from january. that reflects continuing demand for soy exports plus a higher crush. >> continuing strong exports of soybeans, we continue it seems like to sell soybeans as fast as
Search Results 0 to 18 of about 19 (some duplicates have been removed)