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News From 21-Nov-2008

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China May Buy 10 Million Tons Corn to Boost Incomes (Update1) (Bloomberg)     (Cached page)
Nov. 21 (Bloomberg) -- China may buy at least 10 million metric tons of corn from local farmers to revive prices and boost rural incomes, two executives at state-owned companies said.

Corn, Soybeans Decline on Concern Global Crisis to Cut Demand (Bloomberg)     (Cached page)
Nov. 21 (Bloomberg) -- Corn and soybeans extended losses as equity markets plunged, increasing speculation that a worsening global economy will reduce demand for food, animal feed and alternative fuels. Wheat was unchanged, paring early declines.

Corn farmers fear lower prices with suspension of feed wheat tariff (Manila Standard Today)     (Cached page)
Corn farmers have expressed concerns over Malacanang’s decision to suspend the tariff on feed wheat in the next six months, saying imports will depress crop prices and dampen production.

Late start means late state corn harvest (The Courier News)     (Cached page)
This week brought the first truly chilly winds reminding us that snow shovels and slippery roads are right around the corner. That same wind reminds area farmers that their remaining days to bring in the corn crop are numbered.




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