Wheat U.S. drought in Latin America and raised market speculators

December 28. The fundamental picture of the market has not changed - offer plenty of wheat in the world, in general, and weak demand for U.S. wheat in particular. The ongoing drought in Argentina and Brazil not affect the yield of wheat, but "hits" on the yield of corn and soybeans. But this factor heats all grain markets and oil in the United States. Private analysts have started to revise forecasts of corn and soybeans in Latin America for a downgrade. Price rally Tuesday at the U.S. sites was of wheat also purely speculative - the players continued to cover short positions before Read more [...]
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Scientists have brought a new variety of wheat that can grow in salty soil

March 11. Australian biologists have brought a new durum wheat varieties that can grow in salty soils of Australia and other continents, and successfully grew the first crop of "salt-tolerant" cereal, according to an article published in the journal Nature Biotechology. To date, only a small part of land - about 10% - is used to grow a variety of crops. The current estimate of the UN, only 23% of the total land area can be successfully used for agricultural purposes, the remaining areas are not suitable for this purpose because of the harsh climatic conditions or soil composition. The Read more [...]
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