Christine's Feed
Jun 10, 2011

Red hot U.S. corn market sparks more wheat feeding

CHICAGO, June 10 (Reuters) – A red-hot corn market is
spilling over to wheat, especially in the southeastern U.S.
where hog and poultry producers are scrambling to cover their
feed needs through the summer, grain traders said on Friday.

“What we are finding is that they want and need wheat,”
said Roy Huckabay, an analyst with The Linn Group in Chicago.
“They are feeding wheat. They are going to feed a lot of it.”

May 31, 2011

Seed maker races for crops as climate changes

CHICAGO (Reuters) – A changing climate that many scientists fear will hurt global crop production means seed makers must work harder to meet food needs as world population grows by 30 percent by 2050, a top world seed executive said.

“Agriculture production is moving to the north because those climates are becoming warmer. Some of those environments are also very conducive to some good agricultural production,” Paul Schickler, president of Pioneer Hi-Bred, a unit of chemicals giant DuPont, told Reuters on Friday.

May 16, 2011

US high-protein wheat prices soar, millers nervous

MINNEAPOLIS, May 16 (Reuters) – Grain trading in the local
cash wheat market is often routine and quiet, with flour
millers and exporters taking turns to bid on the high-protein
hard red spring wheat grown in North Dakota and Minnesota.

But this spring has been anything but routine, with a
scramble clearly on among users of the grain, which is highly
sought for its flour yields and to blend with lower-protein
wheats to meet customer contracts.

May 1, 2011

U.S. agency moves closer to blowing up levee

CHICAGO (Reuters) – A U.S. government agency moved a step closer on Saturday to blowing up a Mississippi River levee to control flooding after a court decision cleared the way for it to proceed.

U.S. Army Corps of Engineers officials said they dispatched barges to the Birds Point levee near Cairo, Illinois, carrying a slurry mix that could be used to detonate the levee. The barges are set to arrive at Cairo from Hickman, Kentucky, late on Saturday.

May 1, 2011

U.S. government moves closer to blowing up levee

CHICAGO, April 30 (Reuters) – A U.S. government agency
moved a step closer on Saturday to blowing up a Mississippi
River levee to control flooding after a court decision cleared
the way for it to proceed.

U.S. Army Corps of Engineers officials said they dispatched
barges to the Birds Point levee near Cairo, Illinois, carrying
a slurry mix that could be used to detonate the levee. The
barges are set to arrive at Cairo from Hickman, Kentucky, late
on Saturday.

May 1, 2011

U.S. government moves closer to blowing up levee

CHICAGO, April 30 (Reuters) – A U.S. government agency
moved a step closer on Saturday to blowing up a Mississippi
River levee to control flooding after a court decision cleared
the way for it to proceed.

U.S. Army Corps of Engineers officials said they dispatched
barges to the Birds Point levee near Cairo, Illinois, carrying
a slurry mix that could be used to detonate the levee. The
barges are set to arrive at Cairo from Hickman, Kentucky, late
on Saturday.

Apr 30, 2011

U.S. court clears way for levee to be blown up

CHICAGO, April 30 (Reuters) – A federal appeals court
cleared the way for the U.S. Army Corps of Engineers to proceed
with plans to blow up a Mississippi River levee to control
flooding, a U.S. government official said on Saturday.

“They denied the motion by the state of Missouri so we have
permission to move forward if we need to,” said Bob Anderson, a
spokesman for the Army Corps of Engineers, Mississippi Valley
District.

Apr 30, 2011

Court clears way for levee to be blown up

CHICAGO (Reuters) – A federal appeals court cleared the way for the Army Corps of Engineers to proceed with plans to blow up a Mississippi River levee to control flooding, a government official said on Saturday.

“They denied the motion by the state of Missouri so we have permission to move forward if we need to,” said Bob Anderson, a spokesman for the Army Corps of Engineers, Mississippi Valley District.

Apr 16, 2011

U.S. farmers riding high — but how long?

CHICAGO (Reuters) – The U.S. agricultural economy is the healthiest in years as rising farm income allows farmers to pay off debt and buy land and machinery to meet booming demand for crops and livestock.

So why worry?

Because historically low interest rates and rising land values heighten concern about speculative bubbles, a debt binge and all the risks associated with seesawing commodity prices, according to one federal official.

Apr 13, 2011

Cargill profits led by grain processing

CHICAGO (Reuters) – Agribusiness and trading giant Cargill Inc CARG.UL said quarterly earnings rose 30 percent, lifted by its grain processing business.

Minneapolis-based Cargill, one of the world’s largest privately held corporations, on Wednesday reported $763 million in earnings from continuing operations for the quarter ended February 28, up from $588 million a year earlier.

    • About Christine

      "As community editor for Thomson Reuters global on-line chatroom for grains traders and analysts, the Global Ags Forum, I lead chats on the latest factors driving grains and oilseeds markets worldwide, organize chat events with expert industry sources and promote the room to potential market players. Based in Chicago, I also report on U.S. cash and futures grains and oilseeds markets."
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