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Updated on November 12, 2007

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13. Corn News: Uncle Sam is undisputed food superpower
Even otherwise, though USA spent $64 billion last year on foreign food, it is still a negligible share of the food it eats. No country in the world today can match USA as a depreciating dollar makes Uncle Sam shahenshah of the global food marketplace. After the sub-prime cri-sis, it has been a cakewalk for the dollar to outprice already expensive produce from traditional rivals in a stretched market. Since consumers rarely change their diets drastically in response to prices, USA would...
Source - 16 hours ago - Read the story


14. Corn News: Mujuru assures farmers of enough seed
Mujuru assures farmers of enough seed Herald Reporter VICE President Joice Mujuru has assured farmers in Mashonaland Central that more seed will be delivered to Grain Marketing Board depots in the coming week and urged them to prepare adequately for the forthcoming season. Mujuru assures farmers of enough seed Herald Reporter VICE President Joice Mujuru has assured farmers in Mashonaland Central that more seed will be delivered to Grain Marketing Board depots in the coming week and urged...
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15. Corn News: Big names join barley business
But deregulation has led to precarious market positions with numerous farmers unable to fulfil contracts while others are watching prices go well beyond their contract prices. The competition has come as low world barley stocks have pushed prices to records this season with feed barley prices reaching $400 a tonne before slipping to about $300/t, still higher than ever before. Rural Directions marketing services manager Chris Heinjus said that a significant amount of barley marketing had...
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16. Corn News: Grain bins fill up quickly
Although this year s harvest yields are about average, farmers and elevators planned ahead because more corn was planted this year to use in producing ethanol. Additional space became available before harvest because of market prices. The bunkers aren t as convenient as grain bins but should result in the same quality of grain as long as the weather stays cool, Park said. We had trouble a couple years ago when everyone was expecting 170-bushel corn and had 200-bushel corn, Park said. No...
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17. Corn News: New biofuel crops pose risks to farms, ecosystems
NEW YORK (Reuters) - New plants the biofuels industry has touted as potential sources of green domestic fuels pose risks as aggressive weeds that could damage farms and other ecosystems. Botanists like Richard Mack at Washington State University said the new crops must be considered to help ease tightening oil supplies, but that they should be studied carefully before the nascent industry develops the new energy source. Some could "jump the fence" and encroach on food crops or suffocate...
Source - 11/7/2007 - Read the story


18. Corn News: Corn Prices Advance In Thursday Trading
Department of Agriculture reported weekly export sales on Thursday morning, showing corn sales of approximately 1.51 million metric tons. While the drop in inventories marked the third consecutive decline, it was much smaller than the decrease of 1.5 million barrels expected by analysts. However, prices dropped later on Wednesday after the Department of Energy's weekly report showed that crude oil inventories fell by 800,000 barrels. Prices moved higher in the morning, reaching as high as...
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