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PORKER
Well-known member
We need a level playing field in agriculture >>>> NOW !
nenmrancher
Well-known member
Yeah, would be nice if it would work that way but what are the chances of that happening, every time Congress, the president or any of the DC bandits get involved in anything it just becomes our nightmare.
PORKER
Well-known member
China Declares Drought Emergency as Crops Threatened (Update3)
By Feiwen Rong
Feb. 6 (Bloomberg) -- China, the world's largest grain producer, raised its drought-emergency alert to level one, the highest class, for the first time, as dry weather threatened crops, livestock and rural incomes.
About 143 million mu (9.5 million hectares) of winter wheat are in drought, more than 40 percent of the crop, and about a third of that is in a "severe" condition, according to the Office of Flood Control and Drought Relief Headquarters. Some 4.3 million people and 2.1 million large livestock have limited access to drinking water, the office said.
The dry weather may cut grain output, curb exports and hurt efforts by the government to boost farm incomes at a time when 20 million migrant workers have lost their jobs. President Hu Jintao and Premier Wen Jiabao have ordered "all-out efforts" to fight the drought, the official Xinhua News Agency has said.
The worst dry spell in 50 years may reduce the wheat harvest in summer "by 2-5 percent, or 2 million to 5 million tons," said Ma Wenfeng, a grains analyst at Beijing Orient Agribusiness Consultant Ltd. Still, China has 60 million tons stored in state-controlled warehouses and has "ample" supply, he said by phone from Beijing today.
Wheat prices jumped the most in two weeks yesterday because of the crop damage in China, the biggest grower. Wheat for March delivery was up 0.2 percent at $5.63 a bushel on the Chicago Board of Trade at 12:54 p.m. Singapore time today.
'Supportive'
"This is supportive for the Chicago market," said Takaki Shigemoto, an analyst at Tokyo-based commodity broker Okachi & Co. "But I don't think this will push the price sharply higher for now as China appears to have enough stockpiles," he said.
The State Council has earmarked a further 300 million yuan ($44 million) to a relief fund on top of the 100 million yuan already allocated. The dry conditions have affected about 155 million mu of all crops nationwide and spread to 12 provinces.
"China has ample wheat for now," Beijing Orient's Ma said. "The state reserve has the ability to control the wheat market," he said. The 60 million ton stockpile is equal to more than half of annual production, he said. China boosted its wheat output for the fifth year in 2008 to an estimated 113 million tons, according to the U.S. Department of Agriculture.
The drought is the worst to hit northern China in half a century, Xinhua said yesterday, citing a State Council meeting. Average precipitation so far in the winter wheat area is the lowest in 30 years, the China Meteorological Administration said.
Forecast Mostly Dry
Drought-hit areas of northern China will go without rain today, the administration said on its Web site. Shaanxi, Shanxi, Henan, Shandong, Anhui and Hubei provinces may get 1 millimeter to 5 millimeters of rain tomorrow and on Feb. 8, it said.
As many as 157 million mu of wheat-growing land were affected by drought in northern China, the Ministry of Agriculture said on its Web site. Almost 65 million mu in Henan, Anhui, Shandong, Hebei, Shanxi, Shaanxi, Gansu and Jiangsu provinces were "severely" affected, it said.
Wheat for May delivery dropped for the first trading day in eight on the Zhengzhou Commodity Exchange, declining 0.4 percent to 2,065 yuan a metric ton.
To contact the reporter on this story: Feiwen Rong in Beijing at [email protected]
Last Updated: February 6, 2009 00:08 EST
Well will our gov. sell the Chi Coms cut priced wheat?
By Feiwen Rong
Feb. 6 (Bloomberg) -- China, the world's largest grain producer, raised its drought-emergency alert to level one, the highest class, for the first time, as dry weather threatened crops, livestock and rural incomes.
About 143 million mu (9.5 million hectares) of winter wheat are in drought, more than 40 percent of the crop, and about a third of that is in a "severe" condition, according to the Office of Flood Control and Drought Relief Headquarters. Some 4.3 million people and 2.1 million large livestock have limited access to drinking water, the office said.
The dry weather may cut grain output, curb exports and hurt efforts by the government to boost farm incomes at a time when 20 million migrant workers have lost their jobs. President Hu Jintao and Premier Wen Jiabao have ordered "all-out efforts" to fight the drought, the official Xinhua News Agency has said.
The worst dry spell in 50 years may reduce the wheat harvest in summer "by 2-5 percent, or 2 million to 5 million tons," said Ma Wenfeng, a grains analyst at Beijing Orient Agribusiness Consultant Ltd. Still, China has 60 million tons stored in state-controlled warehouses and has "ample" supply, he said by phone from Beijing today.
Wheat prices jumped the most in two weeks yesterday because of the crop damage in China, the biggest grower. Wheat for March delivery was up 0.2 percent at $5.63 a bushel on the Chicago Board of Trade at 12:54 p.m. Singapore time today.
'Supportive'
"This is supportive for the Chicago market," said Takaki Shigemoto, an analyst at Tokyo-based commodity broker Okachi & Co. "But I don't think this will push the price sharply higher for now as China appears to have enough stockpiles," he said.
The State Council has earmarked a further 300 million yuan ($44 million) to a relief fund on top of the 100 million yuan already allocated. The dry conditions have affected about 155 million mu of all crops nationwide and spread to 12 provinces.
"China has ample wheat for now," Beijing Orient's Ma said. "The state reserve has the ability to control the wheat market," he said. The 60 million ton stockpile is equal to more than half of annual production, he said. China boosted its wheat output for the fifth year in 2008 to an estimated 113 million tons, according to the U.S. Department of Agriculture.
The drought is the worst to hit northern China in half a century, Xinhua said yesterday, citing a State Council meeting. Average precipitation so far in the winter wheat area is the lowest in 30 years, the China Meteorological Administration said.
Forecast Mostly Dry
Drought-hit areas of northern China will go without rain today, the administration said on its Web site. Shaanxi, Shanxi, Henan, Shandong, Anhui and Hubei provinces may get 1 millimeter to 5 millimeters of rain tomorrow and on Feb. 8, it said.
As many as 157 million mu of wheat-growing land were affected by drought in northern China, the Ministry of Agriculture said on its Web site. Almost 65 million mu in Henan, Anhui, Shandong, Hebei, Shanxi, Shaanxi, Gansu and Jiangsu provinces were "severely" affected, it said.
Wheat for May delivery dropped for the first trading day in eight on the Zhengzhou Commodity Exchange, declining 0.4 percent to 2,065 yuan a metric ton.
To contact the reporter on this story: Feiwen Rong in Beijing at [email protected]
Last Updated: February 6, 2009 00:08 EST
Well will our gov. sell the Chi Coms cut priced wheat?
PORKER
Well-known member
New Northern Beef Packers plant to open by summer
(MEATPOULTRY.com, February 25, 2009)
by Bryan Salvage
ABERDEEN, S.D. – The developer of a new, $40 million Northern Beef Packers packing plant being built just south of Aberdeen is optimistic it will open in August or September of 2009, according to The Associated Press. Dennis Hellwig said the plant will initially process 200 to 300 head of cattle daily, but it is designed to handle up to 1,500 head per day.
The recession and packing plants recently closing in other states should make it easier to hire workers, he added. Full production will require 500 to 550 workers.
(MEATPOULTRY.com, February 25, 2009)
by Bryan Salvage
ABERDEEN, S.D. – The developer of a new, $40 million Northern Beef Packers packing plant being built just south of Aberdeen is optimistic it will open in August or September of 2009, according to The Associated Press. Dennis Hellwig said the plant will initially process 200 to 300 head of cattle daily, but it is designed to handle up to 1,500 head per day.
The recession and packing plants recently closing in other states should make it easier to hire workers, he added. Full production will require 500 to 550 workers.
ABERDEEN, S.D. – The developer of a new, $40 million Northern Beef Packers packing plant being built just south of Aberdeen is optimistic it will open in August or September of 2009, according to The Associated Press. Dennis Hellwig said the plant will initially process 200 to 300 head of cattle daily, but it is designed to handle up to 1,500 head per day.
I really hope this works, but the history of these deal is not real good. I believe you have a better chance buying lottery tickets. Now if they can process horses 1-2 days a week.....then we may have a winner. I hope the rails are high! :wink:
Our coop hog processing plant went belly up last week!
I really hope this works, but the history of these deal is not real good. I believe you have a better chance buying lottery tickets. Now if they can process horses 1-2 days a week.....then we may have a winner. I hope the rails are high! :wink:
Our coop hog processing plant went belly up last week!
