Australia’s Heat Wave Scorches Wheat Belt, Stokes Supply Fears
AustraliaÕs worst heat wave on record is scorching the countryÕs Wheat Belt and hurting the cropÕs prospects for the year.
AustraliaÕs worst heat wave on record is scorching the countryÕs Wheat Belt and hurting the cropÕs prospects for the year.
Prices are high and supply is tight but a rebound for U.S. corn exports even at lower prices may not materialize.
Land unfit for food crops could produce an estimated 5.5 billion gallons of ethanol in the U.S. Midwest alone.
ArgentinaÕs agricultural ministry further cut its estimate for this yearÕs wheat yield citing extreme weather.
AustraliaÕs worst heat wave on record is scorching the countryÕs Wheat Belt and hurting the cropÕs prospects for the year.
Prices are high and supply is tight but a rebound for U.S. corn exports even at lower prices may not materialize.
Land unfit for food crops could produce an estimated 5.5 billion gallons of ethanol in the U.S. Midwest alone.
With commodity volatility and inflation and higher food prices, grain producers and processors may act as a long term inflation hedge.
Monsanto agreed to waive two years of royalties on its RoundUp Ready soybean seeds for farmers who forego a patent dispute.
With commodity volatility and inflation and higher food prices, grain producers and processors may act as a long term inflation hedge.