You are currently browsing the Market Watch weblog archives for December, 2007.

Look for More Soybean Acres in 2008

Last fall the talk in farm circles focused on the demand for corn and how the market favored corn production. But in one short year, the tables have turned making soybeans the crop most in demand going into 2008.
Both crops, along with wheat, are likely to be profitable in 2008, but the price ratio between [...]

Record-Setting U.S. Pork Production

This year U.S. farmers will produce more pork than they ever have and will likely up those numbers again in 2008.
The U.S. will produce 22 billion pounds of pork in 2007. That’s 4 percent more than the previous year.
Pork-loving Americans aren’t the only driving force behind the increased meat production. With worries over avian influenza [...]

Record Crop Prices Prevail

With corn, soybean, and wheat prices at lofty levels, some temporary declines in prices might be expected, but there is little to suggest that prices will move significantly lower in the near term, according to University of Illinois Extension marketing specialist Darrel Good.
More acreage of all three crops may be needed in the United States [...]

Bleak Forecast for Southwest Flordia Spring Plantings

Vegetable acreage in Southwest Florida is expected to be down 5 to 10 percent  this spring, mostly due to the drought.
Last week, the U.S. Department of Agriculture declared 58 Florida counties as disaster areas because of the drought. The declaration makes low-interest loans available to cover drought-related losses, but to qualify growers must show at [...]