News and Media
UAE company plans to buy 988,000 acres of farmland in Middle East, East Africa and Far East—The National
Tuesday, September 02, 2008
Saudi Arabia buying the farm—Economist; Arab countries look overseas for food security—World Politics Review
Tuesday, September 02, 2008
"WHILE Saudi Arabia sets up its first sovereign wealth fund, ordinary Saudis are more preoccupied with the rising price of food. This is prompting the Saudi government to consider a new direction for foreign investment: buying farms in the poorer parts of the world."
As food becomes the new oil, Russia plans to seize control—Newsweek
Tuesday, September 02, 2008
Cosan, Brazil’s biggest sugar and ethanol maker, forms new land buying company with $150 million from U.S. investors; plans to invest $370 million—Reuters
Tuesday, September 02, 2008
Promoters roll out ag investment plays, as prospects for future returns diminish—Financial Times
Tuesday, September 02, 2008
"Pity the poor fund marketing men, afflicted by what I call “delayed momentum disorder”. They can’t help but launch new funds investing in the latest “hot” sector – only to find that by the time they’ve gone through the time- consuming regulation and due diligence, their once hot sector is looking decidedly “overcooked”."
Kentucky 2008 custom machinery rates—Univ. of Kentucky
Tuesday, September 02, 2008
Water right lost for non-use in Kansas—Iowa State Univ.
Tuesday, September 02, 2008
"In many of the states west of the Mississippi River, water is owned by the state and a landowner must receive a permit from the state before water can be used for agricultural or other beneficial purposes. That permit typically sets limits on the amount of water that can be used and may limit the point of diversion of the water. In addition, water laws in these states may also specify that if the right to appropriate water is not used for a statutorily prescribed amount of time, the holder of the right can lose the water right. That was the issue presented in this case."
Even after Farm Bill “fix”, all CRP payments must be reported as ordinary income—Iowa State Univ.
Tuesday, September 02, 2008
Best farm economy since 1970s comes with expense risk—Bloomberg
Tuesday, September 02, 2008
"U.S. agricultural income is the highest in three decades after corn and soybeans rose to records. The risk for farmers is that costs are rising even faster, increasing concern of a profit squeeze."
Net farm income forecast up 10% in 2008 to record $96 billion. Value of crop harvest may top $189 billion, 25% above 2007 record—USDA
Tuesday, September 02, 2008
"Net farm income is forecast to be $95.7 billion in 2008, 10 percent above the $86.8 billion farmers earned in 2007 and 57 percent above its 10-year average of $61.1 billion. Net cash income, at $101.3 billion, is forecast to be $13.9 billion (16 percent) above 2007, which was the previous record. Net cash income is projected to rise more than net farm income because of the carryover of 2007 crops being sold in 2008."
Recent Posts
- UAE company plans to buy 988,000 acres of farmland in Middle East, East Africa and Far East—The National
- Saudi Arabia buying the farm—Economist; Arab countries look overseas for food security—World Politics Review
- As food becomes the new oil, Russia plans to seize control—Newsweek
- Cosan, Brazil’s biggest sugar and ethanol maker, forms new land buying company with $150 million from U.S. investors; plans to invest $370 million—Reuters
- Promoters roll out ag investment plays, as prospects for future returns diminish—Financial Times
- Kentucky 2008 custom machinery rates—Univ. of Kentucky
- Water right lost for non-use in Kansas—Iowa State Univ.
- Even after Farm Bill “fix”, all CRP payments must be reported as ordinary income—Iowa State Univ.
- Best farm economy since 1970s comes with expense risk—Bloomberg
- Net farm income forecast up 10% in 2008 to record $96 billion. Value of crop harvest may top $189 billion, 25% above 2007 record—USDA
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