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TheCropSite Newsletter - 14 February 2012

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The Crop Site

Tuesday 14th February 2012.

Sarah Mikesell - TheCropSite Senior Editor

Sarah Mikesell
Senior Editor

Editorial: Welcome to TheCropSite Newsletter

Happy Valentine's Day!

I was writing an article about the livestock industry and meat supply over the weekend and the numbers really surprised me. I think mostly because I think of agriculture in such a positive light due to the high grain prices the global industry has experienced the last few years.

And while I know it's all tied together - food, feed and fuel - and my immediate family raises livestock, I STILL need an occasional reminder of what an impact high grain prices have on livestock producers' bottomline.

Expectations for 2012:

Total meat will be down by 3 per cent. Pork is expected to see a 1.5 per cent increase. Based on USDA data, beef will drop by 6 per cent, and chicken will be down 4 per cent.

As a result, in 2012 the US will offer the US consumer the lowest amount of meat since 1984.

While a few percentage points down may not sound like a lot, I'm told that even a 1 per cent drop is a big deal to the US consumer and the whole meat industry.

With the US economy starting to show signs of life, many Americans will want to buy higher quality foods for their families - which generally includes meat - and we are about to offer them less.

My Ohio State Ag Econ classes taught me enough about supply and demand to know that: more people + less meat = higher prices. I know this doesn't come as a shock to anyone, since food prices have been on the rise, but seeing hard data seems to make it more real and less like the big grocery stores are just messing with us.

The good news is the pork industry is showing signs of expansion, and so is the cattle industry, although it may take the cattle guys a little longer to make headway. If you are interested in learning more about global livestock trends, pork expansion and exports, and meat consumption, click here.

Have a great week!

Allendale: US Meat Supply vs Global Demand
ANALYSIS - From an overall meat demand perspective, the world market is a major driver and a key reason why the US has been trading at extended price levels the past few years, writes Sarah Mikesell, TheCropSite senior editor.

There's a New Biofuel Crop in Town
Work by Agricultural Research Service scientists in Florence, South Carolina, US, suggests that farmers in the Southeast could use the tropical legume sunn hemp (Crotalaria juncea) in their crop rotations by harvesting the fast-growing annual for biofuel.

Value of Row Width in Soybean Production
Row width is one of the management practices most often considered by growers as potentially important to increased soybean yields and profits.

SFP: Weather Factors In Nutrient Management
Along with genetics and fertility, weather is critical in determining how a crop yields. How these three factors interact, overlap and intersect is what farmers try to improve upon in every field they farm, since every advantage they can glean means more grain in their fields and more profit in their pockets.

Gene Helps with Multiple Leaf Diseases in Corn
Corn is one of the most widely grown crops in the US, and the US produces 40 percent of the world crop. But as with all crops, diseases threaten corn production.

New EU Metals Thresholds In Fertilizers Unlikely to Cause Problems
With new suggested EU threshold values for six heavy metals in fertilisers, the amounts of heavy metals found in mineral fertiliser are unlikely to harm soil organisms and as a consequence soil quality.

Codexis' Profits Rise in 2011
US - Biobased chemical company Codexis has released its results for last year and says it made more than $123 million (€93 million) in 2011, a rise of 16 per cent from the $107 million it generated the year before.
Poncho® Beta Grows Sugarbeet Harvest, Shrinks Planting Time
US – Jeff Whelan of J.J. Whelan & Sons has been growing sugarbeets for nearly 37 years. He first became interested in agriculture while still in high school, when he asked his father to help him buy some American Crystal Sugar Company stock.

   United States

Soybean Export & Acreage Prospects Support Prices
Land Value History Made in 2011; Will It Continue?
Changing Farm Structure, Payment Distribution, Crop Insurance
CME: Corn Futures Closed Higher Monday
CME: Corn Futures Closed Lower Tuesday
CME: Corn Futures Closed Higher Wednesday
CME: Corn Futures Closed Lower Thursday
CME: Corn Futures Closed Lower Friday
WASDE: Wheat Exports Up, Grains Predicted Lower
USDA: US Oilseed Producers Likely to Benefit
USDA: Weather Impacts on Crop Production
USDA: Dim Soybean Outlook Won't Affect Exports
USDA Gearing Up for Census of Agriculture
Indiana Wheat 'Excellent' Despite Wet Planting Season
Biodiesel Output Sets Another Record in 2011
Weekly Roberts Market Report
New Resources to Support Global Agricultural Development
USDA to Host First US-China Agricultural Symposium
USDA: No US Rice Supply-Side Revisions
Ethanol Mandate 'Not the Best Option'
Higher Trade Boosts Feed Grain Supplies and Use for 2011/12

   United Kingdom

Stepping Up Pressure for Practice in Rural Rat Control
December 2011 Retail Animal Feed Production Down
NFU UK Conference Available Live Online
UK Diesel Rules Relaxed to Help Fight Freeze
Reshuffle - What's the Fallout for UK Farming?
UK Crop Protection Conference Announced


Research to Open Canadian Canola Exports to China


USDA: Indian Rice Exports to Reach 7M Tons


Valuable Cotton Lost Due to Flooding
Seed Destructor on Course for Commercial Production
Australian Ag Sector Embraces a Clean Energy Future


Excellent Progress in 2011: Nutreco Achieves €241M
Nutreco CEO Wout Dekker to Step Down at End of 2012

   Russian Federation

Russian Government Subsidises Fuel for Farmers


Jordan's Poultry Sector Gets a Boost


FAO Food Price Index Rebounds in January
Allendale: US Meat Supply vs Global Demand
Biotech Crop Adoption Rising; Brazil Leads Growth
Organic Farming at 3.7 Per Cent of Arable Land in Europe
HGCA: Global Grain Forecast


France: Plant Breeding Breakthroughs to Reduce Soy Imports
French Farmers Unhappy with 'Lack of Respect'


Outlook for China DDGS Supply & Demand
Report: Chinese Corn Industry Review


Iraq 2012 Wheat Crop 10 to 15 Per Cent Below 2011


Strong Exhibitor Demand for EuroTier 2012


Paraguay Soybean Losses Estimated at $1.5M


Argentina: Corn Production Will Fall by 30 Per Cent

   Korea, South

USDA: Republic of Korea Grain and Feed Update


Brazil the Big Mover in GM Stats

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