Tag: US Department of Agriculture

• Tuesday, August 14th 2012 - 23:38 UTC

  Mercosur farmers plan to sow record soybean area; stocks drop to half from a year ago

  

  Mercosur farmers in Brazil and Argentina are forecast to plant more soybeans for harvesting this season in response to higher prices, at the expense of wheat and corn sowing, according to Oil World. Paraguay and Uruguay Agriculture ministries have also anticipated an increase in the soybeans planted areas.

• Tuesday, August 14th 2012 - 22:10 UTC

  US, France and Mexico considering G20 emergency meeting to address soaring grain prices

  

  US, France and Mexico are planning talks to consider whether an emergency meeting is needed to tackle the soaring price of grain. The three will hold a conference call at the end of this month after the worst US drought in 50 years threatens to cause a sharp rise in the cost of staple crops.

• Saturday, August 11th 2012 - 11:17 UTC

  US consumers face dearer pork, chicken and beef because of the drought

  

  Pork and chicken will join beef on the menu of expensive meats as drought and US ethanol policy combine in a corn “disaster”, the head of the world’s largest pork producer has said.

• Friday, August 10th 2012 - 08:35 UTC

  Booming agriculture sees crop land prices in Brazil soar 18% in the past year

  

  Prices of Brazilian crop land have soared 18% in the past year, to judge by data from one of the country's biggest agricultural groups, which revealed plans to take sowings nearly to 300,000 hectares, according to Agrimoney.com.

• Friday, July 1st 2011 - 15:46 UTC

  Expected bumper crop in US makes corn prices suffer its biggest fall in 15 years

  

  The price of corn suffered its biggest fall for 15 years on Thursday, prompting speculation that the high cost of food may start to ease. Corn prices dropped 10% after a US Department of Agriculture report that farmers are sowing unexpectedly large amounts of the grain.