Vietnam’s coffee crop may start early on weather, ABN Amro says

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Harvesting of the 2011-12 coffee crop in Vietnam, the largest producer of the robusta variety, may start a month earlier than usual due to favorable weather, according to ABN Amro Bank NV and researcher VM Group. The Southeast Asian will produce 21.5 million 60 kilogram (132.3 pound) bags of robusta beans next season and 400,000…


Corn, Soybean Rally as Adverse Weather Eroding Prospects for U.S. Harvests

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Corn rallied to an 11-week high and soybeans touched the highest price since February on speculation that dry weather during the next two weeks will erode yields in the U.S., after a July heat wave damaged plants. The next two weeks will have less rain than normal from Nebraska toIndiana, leaving about a third of…


Corn, soybeans surge on weather concerns

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Soybeans for November delivery, which prices the crop in the field now, rose 32 cents per bushel to $14.25 in morning trading on the Chicago Board of Trade on concerns that the dry weather in the heart of the soybean belt in Iowa and Illinois will hurt yields. Corn prices meanwhile jumped unexpectedly by 24…


Evening markets: weather fears boost corn and soybean prices

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Grains closed higher, but by the close of play it wasn’t wheat which was making the running. Sure, there was still some bullish news around on wheat, with the fears for quality spreading to Russia, besides mounting in Germany, besides the general help from benign conditions on external markets, where crude rebounded to stand 2.3%…


USDA Lowers Production Estimates Due to Difficult Weather

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The USDA updated the U.S. and World balance sheet estimates for major agricultural commodities in the World Agricultural Supply and Demand Estimates (WASDE) report today. WASDE reports in the summer are a barometer of overall world demand, forecasted production, and inventory adjustments. In August, U.S. ending stocks for 2011/12 were revised lower for corn and…


Harvest roundup: Awaiting return of dry weather

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Harvest remains on hold across much of the country today (8 August), following heavy rain over the weekend. In Kent, Bill Harbour was busy ploughing and subsoiling ground for oilseed rape at Gosmere Farm, Sheldwich, while the weather dried out. His Gallant milling wheat yielded over 10t/ha (4t/acre) at 83kg/hl, and 13-13.3% protein, but Solstice…


Weatherwatch: the British weather and salad growing

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There is a logical and increasingly popular argument in favour of sourcing as much of our food as possible locally. The success of farmers’ markets and "veg box" rounds partly depends upon it. However, three years ago a study by Exeter University left Riverford, the Peterborough based veg box suppliers, with a difficult ethical problem:…


Weather, policy dent south hemisphere wheat hopes

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Hopes for wheat output in the top southern hemisphere producers has taken a knock thanks to weather setbacks in the region’s biggest grower, Australia, and an unpopular export policy in Argentina. Commonwealth Bank of Australia cut by 700,000 tonnes to 23.5m tonnes its forecast for Australia’s 2011-12 wheat crop, citing the dry conditions which mean…


RPT-Australia wheat crop hit by cold dry weather – CBA

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Aug 3 (Reuters) – Australia’s 2011/12 wheat crop is suffering from cold dry weather in the key eastern grain producing state of New South Wales, which may cut output, the Commonwealth Bank of Australia said in a report on Wednesday. Offsetting the deteriorating outlook in New South Wales is an improved outlook for Western Australia,…


Excessive rain and heat affecting farmers

As customers dwindle at the end of the day at Eichelberg Farms, a sign looms over the produce from the barn door, describing the farmer’s hardship this season. “This has been the most challenging time in 32 years of farming,” reads the sign. “Killer rain in April and May and drought in June and July.…


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