The American corn drowns
By Denis Delbecq • June 11th, 2008 in 11:26 · Category: Actuality
When the weather forecast mingles, agroindustrial industry is in a cold sweat. The floods of rain which beat down since the end of the winter on the Illinois, Ohio and Indiana threaten seriously the harvest of corn. This region, which forms the basics of Corn belt of the United States, gives the half of the American production of corn. She knows one of the most humid never recorded springs, making the farmers postpone seedling, or determine the deterioration of the already germinated young plants.
In some places, the producers are already in their third try of seedling, grains there going rot fast. Only 60 % cultures of the corn belt were undamaged this week, a figure which goes down from day to day. In the Illinois, the rate of harmed cultures would attain 50 % According to the American weather forecast, Middle West accepted in the course of two last months four times more water than seasonal normal. About two million hectares were still not planted, on 27 millions dedicated to the corn in the United States. But to defer too much, the farmers will have to accept a bad harvest, that is to refrain from seeding and from hoping for subsidies to be able to stand.
This bad harvest announced in the United States — fall could exceed 10 %—cause a tension on the courts of the corn. They augmented by almost 30 % last week, and follow from now on the level of haste who water the loft with American corn. The cereal is worth practically twice as a lot that last year at the same time. More in the North, in Canada, many farmers turned to the soya and the winter wheat, because of better benefits, and the production of corn should fall of 12 % this year.
However, news is not very also bad on the forehead of the corn. Brazil, third worldwide producer, announces a production in increase. In China, the harvest should give 2 % of better than that of 2007, in spite of a light fall of planted surfaces — some farmers turning to the soya, more profitable although the corn. China counts 27,8 million hectares of corn and gives 20 % worldwide productions, twice less than the United States.
Picture: © Denis Delbecq - on 2008
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