With the average planted corn acreage over the past 15 years at about 78 million acres, the market's dilemma was finding a source for all the extra acres needed, he said. In an interesting twist, soybean and cotton prices have rallied to levels not seen since the middle of 2004 and wheat has climbed beyond its 1996 levels. The increase in intended acres for corn was partially offset by fewer expected acres of soybeans and cotton, the USDA said. All the while, China was cutting back on its...

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We will work closely with farmers and USDA officials to make sure that Minnesota farmers have all the available resources to weather this ongoing drought. The governor also said that he will urge Congress to allow farmers to claim losses from crop year 2007 as part of the recently passed agricultural disaster assistance package that currently allows for assistance for the 2005 or 2006 crop year. Pawlenty also said that the Minnesota Department of Agriculture (MDA) will offer two loan...

In Larissa irrigated sugar beets were the standard production choice for many farmers, but after the new CAP for sugar, farmers changed to other irrigated crops including industrial tomatoes, corn and forage crops. The total acreage devoted to industrial tomatoes this year will be almost 82,000 hectares (similar acreage to 2006) but the distribution of the crop is different as noted here. Spring weather conditions have not been favorable, with heavy rains in late May and early June and...

Cattle have gained 18 percent from a year ago as meatpackers competed for animals that were underweight because of blizzards in western states in December and January. beef shipments to Japan and South Korea have risen since both countries lifted bans imposed in December 2003 after a mad-cow disease outbreak. beef in the first five months of this year, up from 11 million a year earlier, the U. pork exports may reach a record 3 billion pounds this year, according to the USDA. Feeder cattle...