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Wheat, corn prices plummet on report showing larger stockpiles; other commodities also lower

Corn and wheat prices plummeted Friday after a government report showed U.S. supplies were larger than anticipated.
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Corn Gains for Second Day as Informa Cuts Outlook for U.S. Crop - Businessweek

Corn rose for a second day in Chicago, extending the biggest advance in more than a month, on speculation the U.S. crop will be smaller than forecast and demand for feed and ethanol may increase.
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Analysis: Corn export dominance to bend, not break

Analysis: Corn export dominance to bend, not break | MAIZE | Scoop.it
CHICAGO (Reuters) - For the first time in 40 years, U.S. corn exporters are not out-selling the rest of the world.Domestic ethanol is sucking up record crops.
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US: Study shows GM corn not a threat to butterflies | Grains content from Southwest Farm Press

Three years of research has show that the risk to butterflies from GM corn is negligible.
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US: Corn yields are lowered beyond trade guesses

US: Corn yields are lowered beyond trade guesses | MAIZE | Scoop.it

MINNEAPPOLIS, Minn. – There were no real shockers in the bearish crop production and world supply and demand reports issued by the U.S. Department of Agriculture.

However, there were a couple of curveballs in the Sept. 12 reports, according to Brian Rydlund, a Country Hedging grain market analyst.

Among those little surprises was world ending stocks for wheat, corn and soybeans were increased.

“A lot of that was done through better production, especially in wheat, and increased usage,” Rydlunds aid.

On the production side, the report reduced the estimated average U.S. corn yields down to 148.1 bushels per acre, 4.9 bushels less than the August estimate, “which was a little more aggressive than trade thought,” the analyst noted.

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Population has bigger effect than climate change on crop yields, study suggests - SciDev.Net

Population has bigger effect than climate change on crop yields, study suggests - SciDev.Net | MAIZE | Scoop.it
Rising population pressure will squeeze maize yields in West Africa at least as much as climate change, researchers say.

Via CGIAR Climate
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Sharing new drought tolerant maize with farmers in Yunnan Province, China

Sharing new drought tolerant maize with farmers in Yunnan Province, China | MAIZE | Scoop.it

CIMMYT has a long-term fruitful collaboration with China. Currently operating three offices - in Beijing, Sichuan (wheat) and Yunnan (maize). Drought is is the primary constraint on maize production in Yunnan and CIMMYT works closely with Yunnan Academy of Agricultural Sciences (YAAS) on development of new drought tolerant maize varietes.

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Karuturi’s First Corn Crop in Ethiopia Destroyed; Will Replant

Karuturi’s First Corn Crop in Ethiopia Destroyed; Will Replant | MAIZE | Scoop.it

Karuturi Global Ltd., the Indian food processor that earns most of its revenue abroad, said it will replant its corn crop in Ethiopia after a flood destroyed its first planned harvest in the country.

The damage was caused by flooding on the Baro and Alwero rivers in the western Gambella region, Sai Ramakrishna Karuturi, managing director of the Bangalore-based company, said in interview on Oct. 4 in Addis Ababa. A potential harvest of 60,000 metric tons of corn was lost after 12,000 hectares (29,653 acres) of land was flooded, he said.

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Uganda People News: Crops in Kayunga district dry up over disease

A disease yet to be identified has destroyed the maize crops in Kayunga district leaving the residents in total fear of famine outbreak...

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China Corn Crop Won’t Meet Demand, U.S. Grains Council Says - Businessweek

China Corn Crop Won’t Meet Demand, U.S. Grains Council Says - Businessweek | MAIZE | Scoop.it
China, the world’s second-biggest corn consumer, won’t have enough supplies to meet rising domestic demand even as farmers harvest a record crop, the U.S. Grains Council said after completing a 15th annual field tour.
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South Africa: Shopping for pap

South Africa: Shopping for pap | MAIZE | Scoop.it

South Africa might be forced into the unfamiliar role of maize importer next year after the Crop Estimates Committee revised national production downwards in its final report for the year.

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New Corn Variety Boosts Food Security Across Africa - VOA

New Corn Variety Boosts Food Security Across Africa - VOA | MAIZE | Scoop.it

Scientists in Kenya and across Africa are coming up with maize varieties that are able to produce corn with a minimal water supply.


Via CGIAR Climate
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Kenyan farmers beat drought - and then battle pests - AlertNet

Kenyan farmers beat drought - and then battle pests - AlertNet | MAIZE | Scoop.it

With drought-resistant maize varieties improving harvests, farmers are now taking on another enemy - the borers that eat stored grain... CIMMYT in collaboration with partners provides solution in form of small scale metalic silos - see the documentary run on NTV Kenya (http://youtu.be/wMHAm6ROTj4) and 30 minutes documentary explaining the metalic silos in detail (http://blip.tv/cimmyt/storing-maize-in-a-can-using-the-metal-silo-to-safeguard-harvests-4091228). 

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