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Western farmland values leap as urban prices tumble

Western states like Arizona and California are reporting more land is being utilized for farming. Since 2006, USDA figures indicate land values in rural America have jumped by 20 percent or more. "It would be fair to say there is a farming renaissance under way as available crop acreage is in high demand,” says Dr. Charles Gilliland, research economist at the Texas A&M University.

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  • Feb. 7, 2012
    News
    Southwest Farm Press

    Divorce pending for corn and wheat

    Higher 2012/13 marketing year corn stocks are expected to complete the divorce of wheat and corn prices. Expected higher 2012/13 marketing year wheat stocks should have a negative impact on wheat prices. The result is that 2012/13 marketing year wheat prices will probably average $6.25 compared to $7.20 during the 2011/12 wheat marketing year. Corn prices should be significantly lower than wheat....More
  • Feb. 7, 2012
    News

    Pecan industry cracking global market

    The United States produces more than 80 percent of the world’s pecans, and the overseas market for U.S. pecans is growing. U.S. pecan exports reached more than 50,000 metric tons in just the first 11 months of 2011. Hong Kong, Mexico and the European Union are the three largest export markets, representing more than 70 percent of the overall world market for U.S. pecans....More
  • Feb. 6, 2012
    News

    Attractive but unbalanced dairy growth creating challenges

    Solid market growth, supply constraints and a structural shift in the costs of producing milk may sustain high milk and dairy commodity prices over the medium term. But this won't translate to increased profits for all. The unprecedented leap in farm gate milk prices in recent years has caused the position of dairy farmers to generally improve, but less than many outsiders might imagine....More
  • Feb. 6, 2012
    News
    Delta Farm Press

    US drought and Chinese reserves key for cotton market

    Cotton exports may be up slightly this coming season. The increase would come largely as a result of the drop anticipated in planted acres in China and around the globe because of strong soybean and corn prices. China may concentrate more acres on grain crops, because they’re still trying to get a better hold on their food supply situation....More
  • Feb. 6, 2012
    News

    Rockefeller’s riches made riding coattails of commodities 1

    John D. Rockefeller, the richest man in history, was once a young fellow who cut his business teeth on grain, hay and meats — agricultural commodities....More
  • Feb. 3, 2012
    News

    Wheat groups call for open border with Canada

    The United States is routinely Canada's top wheat export market, but Canada's open market changes could affect the ways wheat moves into the United States....More
  • Feb. 2, 2012
    News

    International Trade Symposium focuses on global agriculture market

    The International Trade Symposium at the 2012 World Ag Expo focuses on preparation for the future in a global marketplace, exploring the best export markets for agricultural equipment, export compliance and regulatory overview, gaining small business capital, and foreign buyer matchmaking....More
  • Jan. 31, 2012
    News

    Soymilk a booming $1.3 billion business

    The increasing popularity of dairy alternative beverages, including soymilk, has contributed $1.33 billion in revenue for the industry segment in 2011. Soymilk remains the most popular dairy alternative beverage....More
  • Jan. 31, 2012
    News

    Booming global dairy market nearing $500 billion

    Dairy products market to reach $494 billion by 2015. Global dairy products industry continues to be one of the most dynamic markets worldwide. High competition and high market fragmentation is leading to increased consolidation in the dairy industry....More
  • Jan. 30, 2012
    News

    Biodiesel cracks 1-billion-gallon mark

    The biodiesel industry's success in 2011 comes after Congress reinstated the fuel's $1-per-gallon tax credit in December 2010 and as the EPA's RFS program for biodiesel completed its first full year of implementation. The U.S. biodiesel industry reached a key milestone by producing more than 1 billion gallons of fuel in 2011, according to year-end numbers released by the EPA....More
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