01/11/12: Australia wheat deregulation pushed through; Rain in Argentina; US winter wheat

Hello, 

• Plans for wheat deregulation in Australia have been afoot for sometime now but were delayed due to political wrangling.  However, yesterday the bill finally passed through parliament after the Labor party, Greens and independents joined forces to vote in favour of full deregulation. Read more...

• How times change.  Last week Argentina was touted as the answer to the world corn shortage.  Today, we learn that the continued wet weather may cut corn acreage.  Back to square one. Read more...

• Winter wheat crops in the USA are in the worst condition since the government started monitoring in 1985, according to Bloomberg.  In the first USDA crops assessment of the season, 40 percent of winter wheat was rated good or excellent, compared to 46 percent last year. Read more...

Soil Health: Soybeans Planted into Winter Wheat Stubble (Photo credit: NRCS Soil Health)