Energy crops

As producer sentiment holds steady, farmers weigh in on rising input prices and farmland values

Retrieved on: 
Tuesday, August 3, 2021

The Index of Current Conditions was down 6 points to a reading of 143, primarily as a result of weakened principal crop prices.

Key Points: 
  • The Index of Current Conditions was down 6 points to a reading of 143, primarily as a result of weakened principal crop prices.
  • "Producers' sentiment regarding their farms' financial condition was more optimistic when prices for corn, soybeans and wheat were surging last fall, winter and early spring.
  • Still, recent sentiment readings suggest farmers remain cautiously optimistic about financial conditions on their farms."
  • Farmers remain optimistic about farmland values, although recent value increases could make some producers more cautious about where land values are headed in the next one to five years.

Summit Agricultural Group Announces Acquisition of Prairie Horizon Agri-Energy, LLC and Development of North America's Largest Wheat Protein Ingredients Production Facility

Retrieved on: 
Monday, July 12, 2021

ALDEN, Iowa, July 12, 2021 /PRNewswire/ -- Summit Agricultural Group, through its investment affiliate Summit Ag Investors (collectively "Summit"), is pleased to announce the acquisition of Prairie Horizon Agri-Energy ("Prairie Horizon"), a biorefinery in Phillipsburg, Kansas.

Key Points: 
  • ALDEN, Iowa, July 12, 2021 /PRNewswire/ -- Summit Agricultural Group, through its investment affiliate Summit Ag Investors (collectively "Summit"), is pleased to announce the acquisition of Prairie Horizon Agri-Energy ("Prairie Horizon"), a biorefinery in Phillipsburg, Kansas.
  • Summit will construct a state-of-the-art wheat protein ingredients facility and retrofit the existing corn-based ethanol plant to produce ethanol from wheat starch.
  • The ingredients plant will be operational within two years and will be the largest wheat protein facility in North America.
  • Summit Carbon Solutions, a separate portfolio company of Summit Agricultural Group, is pioneering the development of the world's largest carbon capture and storage infrastructure project.

Barchart Increases U.S. Crop Production Forecast and Releases Initial Canadian Outlook

Retrieved on: 
Tuesday, July 6, 2021

Canadian Spring Wheat Production - Forecast at 881.0M bu with a yield of 55.1 bu/ac.

Key Points: 
  • Canadian Spring Wheat Production - Forecast at 881.0M bu with a yield of 55.1 bu/ac.
  • Canadian Soybean Production - Forecast at 228.1M bu with a yield of 43.0 bu/ac.
  • To sign up for free semi-monthly estimates for Canadian Crop Production, please click here .
  • Crop production forecasts from Barchart help users stay ahead of the curve throughout the 2021 growing season.

BFree Launches U.S. Online Store for its Popular Gluten-Free, Allergy-Free Bakery Products

Retrieved on: 
Tuesday, July 6, 2021

"Our focus has always been on making our products easily accessible to everyone," says Chloe Twomey, advertising and promotions manager at BFree Foods.

Key Points: 
  • "Our focus has always been on making our products easily accessible to everyone," says Chloe Twomey, advertising and promotions manager at BFree Foods.
  • BFree products are vegan and free from all major allergens, including gluten, wheat, dairy, eggs, nuts and soy, providing great taste and nutrition without compromise.
  • BFree set up their bakery in 2011, their mission is to give the world delicious, top quality gluten and wheat free bread and bakery products to enjoy every day.
  • BFree products are free from allergens, gluten, wheat, dairy, egg, nuts and soy, and are also vegan-friendly, non-GMO and high-fiber.

Bioheuris partners with GDM to develop crop management system in soybeans using gene editing

Retrieved on: 
Tuesday, June 29, 2021

ROSARIO, Argentina, June 29, 2021 /PRNewswire/ -- Bioheuris , an agbiotech startup that uses synthetic biology and gene editing for improved crop management, and GDM , a leading global soybeans genetics powerhouse, today announced a collaboration agreement to develop high yielding varieties using gene editing technology.

Key Points: 
  • ROSARIO, Argentina, June 29, 2021 /PRNewswire/ -- Bioheuris , an agbiotech startup that uses synthetic biology and gene editing for improved crop management, and GDM , a leading global soybeans genetics powerhouse, today announced a collaboration agreement to develop high yielding varieties using gene editing technology.
  • Through this collaboration, both companies will be engaged to precisely modify soybean genes to obtain elite varieties with a novel crop management system.
  • "Partnering with GDM to improve elite soybeans is an important step towards bringing farmers access to more integrated crop protection solutions on high yielding varieties."
  • Bioheuris is an Argentine-born biotechnology company committed to developing sustainable weed management systems in corn, soybeans, cotton, rice, sorghum, and alfalfa.

FBN Releases 2021 U.S. Acreage Report, Projecting Key Crop Planting

Retrieved on: 
Wednesday, June 23, 2021

Acreage Report found that strong prices and good planting weather likely helped push the corn acreage number above the USDA's March reading of 91.1 million acres (MA).

Key Points: 
  • Acreage Report found that strong prices and good planting weather likely helped push the corn acreage number above the USDA's March reading of 91.1 million acres (MA).
  • Soybean planting, which was estimated at 87.6 MA acres in March, FBN projects now could drop to 86.5 million -- potentially indicating a razor thin carryout crop.
  • Spring wheat acres planted increased minimally and likely won't put downward pressure on prices, with farmers in Montana expanding this planting of this crop.
  • Substantial yield losses for the spring wheat crop, meanwhile, are nearly assured given the dismal crop ratings.

World Food Feedstuffs and Beverages Commodity Forecasts Report 2021-2022 - ResearchAndMarkets.com

Retrieved on: 
Friday, June 18, 2021

The "World Commodity Forecasts Food Feedstuffs and Beverages" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "World Commodity Forecasts Food Feedstuffs and Beverages" report has been added to ResearchAndMarkets.com's offering.
  • The Economist Intelligence Unit expects its food, feedstuffs and beverages (FFB) price index to increase by 25% in 2021, owing to the huge rise in prices of grains, oilseeds and sugar.
  • Demand for livestock feed and a strong stocking cycle has boosted Chinese imports of US wheat and maize.
  • A number of other markets, including for grains such as rice, are also beginning to tighten, which will support price growth in this sub-index in 2021.

Barchart Forecasts Cut to USDA Corn Yield and Production Figures in Initial 2021 Production Estimates

Retrieved on: 
Wednesday, June 2, 2021

Free semi-monthly crop production and yield estimates for the U.S. and major production areas are available through our U.S.

Key Points: 
  • Free semi-monthly crop production and yield estimates for the U.S. and major production areas are available through our U.S.
  • "Throughout the 2020 growing season, we provided commodity buyers, ag lenders, and crop marketers with timely U.S. production and yield forecasts before each official USDA crop production forecast each month," says Barchart CEO Mark Haraburda.
  • "Our initial 2021 forecasts suggest potential downside for both corn and soybean production relative to USDA numbers, and we're pleased to provide these insights to the public."
  • To receive Canadian Crop Production and Yield Forecasts starting in July, sign up for our free Canadian Crop Production Report .

Global Organic Wheat Derivatives Market Report 2021-2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, June 1, 2021

The "Organic Wheat Derivatives Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type and Application" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Organic Wheat Derivatives Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type and Application" report has been added to ResearchAndMarkets.com's offering.
  • Organic wheat derivatives are the final or by-products, such as starch, gluten, bran, DDGS, and maltodextrin, obtained from organic wheat processing.
  • The COVID-19 pandemic has drastically altered the status of the organic wheat derivatives industry and has negatively impacted the growth of the market.
  • The disruptive value chain has restricted the raw material supply, which, in turn, is impacting the growth of the organic wheat derivatives market.

Organic Outlook: Organic Corn and Soy Import Trends Shift Drastically

Retrieved on: 
Wednesday, April 28, 2021

According to the report, organic imports shifted drastically over the first half of MY 2020/21.

Key Points: 
  • According to the report, organic imports shifted drastically over the first half of MY 2020/21.
  • Since the start of 2020/21 imports of organic whole and cracked corn, as well as organic soybeans have slowed significantly while organic soybean meal imports have dramatically increased.\nMercaris estimates U.S. organic whole and cracked corn imports will decline 25% this marketing year, reaching their lowest levels since 2014/15, while organic soybean imports will decline 33% compared to 2019/20.\n\xe2\x80\x9cThe decline in organic corn imports appears to be in response to a large 2020 harvest and weaker U.S. organic corn prices over the first half of the MY.
  • In contrast, the decline in organic soybean imports appears driven by global logistical challenges and a massive increase in organic soybean meal imports,\xe2\x80\x9d says Ryan Koory, Director of Economics for Mercaris.
  • organic corn production reached an estimated 45.6 million bu for the 2020/21 MY, up 11% year over year.\n2020/21 U.S. organic soybean production is estimated to be 8.2 million bu, up 9% year over year.\nU.S.