Grain, oilseed futures start Tuesday higher

Grain and oilseed futures were higher Tuesday morning after the Renewable Fuel Standards were raised by the EPA Monday afternoon. The total renewable fuels mandate was set at 18.11 billion gallons, while the ethanol mandate was raised 500 million gallons to 14.5 billion gallons, boosting corn futures. Still, lagging export inspections and better than expected U.S. production could limit the upside. Argentina plans to abolish the 20% corn export tax on Dec 10, 2015, the first day the new regime takes office. The dollar was a bit lower yet still remains above 100.0.


John Innes Centre and BecA strengthen their alliance

The John Innes Centre, a leader in plant and microbial research, has strengthened its alliance with Biosciences east and central Africa (BecA) to maximise the impact of JIC’s cutting edge science in Africa and to build capacity in the Nairobi-based research hub by supporting African scientists to find scientific solutions to African food security challenges.


New report from USDA ERS on climate change, water scarcity

Projected changes in climate are likely to alter growing conditions across important agricultural regions in the United States. This report from USDA's Economic Research Service explores regional patterns of change in fieldcrop production and in the intensity and extent of irrigation under various climate projections of future temperature and precipitation patterns. ERS looks specifically at changes in growing conditions and crop yields, changes in profitability due to shifting comparative advantages, and constraints on irrigation water supply.


Potash Corp working on new K+S approach

Potash Corp is preparing a fresh takeover approach for German rival K+S, which could likely come in spring next year, German investor newsletter Platow Brief reports on Tuesday, citing "rumours."


Higher temperatures delay wheat planting in India

India's wheat planting has been delayed by at least a week due to high temperatures, threatening its output of the grain yet again after hailstorms during harvest earlier this year dragged down annual production levels for the first time since 2007.


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