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UPDATE 2-Monsanto to spend $100 mln on W. Canada corn over 10 years

2013-06-24 18:12:30| Chemicals - Topix.net

Seed developer Monsanto Co said on Monday that it would spend $100 million over the next 10 years on breeding corn for Western Canada, a move it said might change the crop makeup in a fertile region that produces big harvests of spring wheat and canola.

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$5.60 Futures Corn Price Offers Profit

2013-06-23 17:35:00| Corn & Soybean Digest

Flip a Coin on Corn Prices Are you bullish or bearish on new-crop corn prices? No matter which way you lean, the current futures price level near $5.60 a price seen at least once every month since February offers a reasonable profit margin. read more

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Corn Margins to Tighten Significantly

2013-06-21 23:40:00| Corn & Soybean Digest

Source: Rabobank Lower-than-anticipated demand and softening exports make breakeven difficult, says Rabo AgriFinance Report. As growth in demand for biofuels begins to slow and Chinese grain demand remains uncertain, U.S. corn prices could be pressured to below breakeven levels, according to a new report from the Rabobank Food & Agribusiness (FAR) Research and Advisory group. The report, AgFocus: Bracing for Tightening U.S. Grain Margins, notes softer medium-term prices could lead to a contraction of 5-6 million U.S. acres as growers look toward other crops. read more

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Weed Competition Can Decrease Corn Yield

2013-06-21 23:22:00| Corn & Soybean Digest

Source: South Dakota State University Early-season weed competition resulted in as much as 40-bu./acre yield loss according to data found in some South Dakota State University Research Plots. "Everyone knows that weeds in fields create competition for water and nutrients and can cause significant yield loss, but many neglect the effects of just early-season weeds on crop yield," says Mark Rosenberg South Dakota State University agronomy and weeds field specialist. read more

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Fuel for the corn bulls

2013-06-20 21:27:00| Corn & Soybean Digest

Corn traders are being driven by several interesting dynamics.... Grain Market Viewpoint read more

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