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Farmland Forecast

Farmers Seeking Heat Relief Signal Brazil Climate Peril

Brazil may see a mass migration of crops and farm workers from huge swaths of currently tillable lands to more temperate zones as global warming takes hold, according to leading climate experts in the country.

Longtime Brazilian climate researcher Hilton Silveira Pinto points to the drought that’s cutting grain and coffee output this year as an indicator that rising global temperatures may already ...
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The New Era of Agriculture

(AgriNews) John Deere’s chief economist believes the world is entering a new age in agriculture — one unlike anything the industry has seen before.

An era of precision farming is at hand, and many technologies will be used to make managing farms a more exact science.

J.B. Penn spoke at Purdue University’s annual James C. Snyder Memorial Lecture. The event is put on by the Agricultural Economics Department in memory ...
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Increasing Crop Prices Main Factor in Rural Economy Turnaround

The rural economy has been growing for two straight months after falling below growth neutral in February. Uncertainty over when the Federal Reserve will increase interest rates has attributed to the decline of farmland values and equipment sales, which declined to their lowest levels since 2009.

The Rural Mainstreet Index (RMI), ranging between 0 and 100 with 50.0 representing growth neutral, increased to 53.2 from a 50.1 in March. After falling below growth neutral in February, the RMI ...
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China rejections of GMO U.S. corn cost up to $2.9 billion

(Reuters) China's rejections of a banned variety of genetically modified U.S. corn have cost the U.S. agriculture industry up to $2.9 billion, a grain group said on Wednesday in the first estimate on losses from the trade disruptions.

The National Grain and Feed Association (NGFA) estimated in a report that rejections of shipments containing Syngenta AG's Agrisure Viptera corn resulted in losses of at least $1 billion, based on an economic analysis that included data supplied ...
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Picture of the Week: Ukranian Planting Underway

The picture below is something most farmers would not recommend. A farmer from Ukraine is out harrowing his field… In the rain… In his van?

One of the many advantages that US agriculture has over other countries, is the sophistication of its farmers. The most advanced farming techniques help American farmers produce more grain than any other country in the world. As the weather forecast improves allowing farmers to begin planting, we wish farmers good luck on this year's crop, and when you get into your field we ask that you leave the family van in the garage.


Source: Twitter @JustinBruch

Remember, we are always looking for agricultural pictures from anywhere in the world. Submit pictures to farmlandforecast@colvin-co.com

USDA Weekly Exports: Ukrainian Unrest Catapults Wheat Sales

Wheat sales rebounded from a marketing year low on the news that civil unrest in Ukraine has split the country. Reports explain that pro-Russian Ukrainians have taken control of several eastern cities, prompting a military response from the Ukrainian government. Global diplomats are fearing Ukraine may fall into a civil war, which would heavily disrupt the production and exportation of their crops, affecting global supply.

Soybean sales continue to decline but ...
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How is Ukraine Unrest Affecting Grain Markets?

(TheCropSite) On Monday UK feed wheat futures were more than £2 per tonne higher than the Friday figures nearly reaching £170 per tonne according to figures from the UK’s Home Grown Cereals Authority, part of the Agricultural and Horticultural Development Board.

New crop 14 November London wheat was up by £3.50 a tonne to £158.55 a tonne.

In Paris on Monday wheat closed €4.25 a tonne higher at €214.00 a ...
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Canada’s Climate Warms to Corn as Grain Belt Shifts North

(Bloomberg) The snow is piled waist-deep outside the Southern Manitoba Convention Centre as more than 400 farmers gather to consider the once-unthinkable: growing corn on the Canadian prairie.

At one end of the packed auditorium last month in Morris, home of the Red River Wild hockey club, an Ohio farmer brought in by DuPont Co. is making a presentation with a slide that reads “Ear Count 101.” At the other end, Deere & Co. is showing ...
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Commodities Rally to Highest in Six Weeks on Ukraine

(Bloomberg) Commodities climbed to the highest level in almost six weeks on concern that tension between Russia and Ukraine will curb supplies of nickel to wheat.

The Standard & Poor’s GSCI gauge of 24 raw materials rose as much as 0.8 percent to 657.2232, the highest since March 4, and was at 653.659 at 12:08 p.m. in London. Nickel increased as much as 2.8 and palladium rose to the highest since ...
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Billionaire’s Quest to Reinvent Agriculture

(Forbes) On one of the windiest days in recent memory Harry Stine, the richest man in Iowa, cranes his neck to examine the elevator shaft inside the 110-foot steel observation tower next to his garage. “The cables look awfully frayed. Who knows if it will last one more time?” he chuckles. Nonetheless, we hop into the elevator cab, he flips the switch to get it moving, and up we go as the ... << MORE >>