The market rose sharply early last week because of harvest problems related to wet weather, and that factor continued to underpin the market Monday. Corn futures were pressured by rain and cool temperatures in some key parts of the corn-growing regions that will boost crop developments. Chicago corn closed, while soybeans advanced. Prices have backed down from recent weather-related gains as harvest weather improved. Wheat futures got some pressure in follow-through trade from Friday s...

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Supplying the Bush goal of 35 billion gallons of ethanol per year would currently force farmers to clear more than 200 million acres of Midwest forest to supply even 10 percent of our gasoline demand from corn ethanol. Economic growth will raise the number of affluent consumers from today's 1.5 billion to 7 billion accompanied by soaring demand for meat, milk, eggs and pet food. China has just banned further expansion of its corn ethanol industry, after a radical 43-percent increase in...

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That increased demand means the price of corn used to feed cattle and pigs and to make cereals and sweeteners is going up - 61% between September and May. Together with the rising costs of wheat and other commodities, corn demand is pushing overall food prices up 4% this year, compared with 2% a year ago, and driving up the costs of breakfast foods - eggs, bacon, cereal, milk and potatoes - as much as 10%, according to the U. Together with the rising costs of wheat and other commodities,...

Deciduous tree fruit, nuts and grapes: Some grape bunch thinning occurred along with fungicide and some insect control applications being made. Peach varieties such as Ice Princess and Snow Blaze; nectarines Ruby Pearl and Arctic Sweet; plums Yummy Beaut and Black Beaut; and pluots Early Dapple and Tropical Plumana are being packed for both domestic and export shipments to Mexico, Canada, United Kingdom, and Taiwan. Alfalfa production continues in all stages with cutting, baling and...