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US winter wheat faces make or break week

America's parched hard red winter wheat crop may face something of a make or break week, potentially receiving up to 20 inches of snow ?which it will need to protect it from a follow-up freeze. Weather models have "changed dramatically overnight", placing a "major winter storm" ...

US WHEAT: Reaches 29-Month Highs As Egyptians Protest

CHICAGO (Dow Jones)--Widespread protests in Egypt Tuesday renewed concerns about rising food prices after high costs contributed to riots in Tunisia and Jordan. Thousands of Egyptians descended on downtown Cairo's main square in the country's largest anti-regime protest in recent ...

CBOT CORN: Extends Setback From 30-Month Highs

CHICAGO (Dow Jones)--U.S. corn futures closed lower for the second consecutive day Tuesday as the market pulled back from 30-month highs. Corn for March delivery, the most-active contract, settled down 11 1/4 cents at $6.44 a bushel at the Chicago Board of Trade. Widespread ...

Corn up 2% on supply fears

US corn futures close solidly higher on renewed supply concerns. The market bounced back after falling Tuesday on general selling of commodities. Corn futures need to rise to slow strong demand and encourage US farmers to expand plantings this fall to replenish supplies, analysts ...

EU bows to Spanish call to axe grain import duties

The European Union has, temporarily, suspended import duties on feed wheat and barley, lifting the chance of the first imports from Australia in more than a decade. Officials from EU countries approved proposals to drop until June the E12 a tonne duty on feed wheat and the E16-a...

Corn, wheat and oats higher on CBOT

Corn, wheat and oats futures were higher on the Chicago Board of Trade, but soybeans fell after China canceled two orders. Corn was up 7 1/4 to up 11 1/4, soybeans were off 4 3/4 of off 9 1/4, wheat was up 18 1/4 to up 20 and oats were up 6 to up 6 3/4. Corn was up for the fourth ...

UK wheat exports double as Spanish demand rises

The UK's blistering pace of wheat exports accelerated further in November - taking them in five months above the figure that official statisticians have pencilled in for the whole cop year. UK wheat exports topped 472,000 tonnes in the month, boosted by a 144,000-tonne shipment ...

CBOT Corn: Rebounds To Close Near 30-Month High

U.S. corn futures closed near a 30-month high Friday as commodity funds re-entered the market amid expectations for prices to strengthen on long-term supply concerns. Corn for March delivery, the most-active contract, finished up 6 1/4 cents, or 1%, at $6.48 3/4 a bushel at the ...

U.S. flour production in 2010 gains 0.4%

Flour output by U.S. mills in 2010 aggregated 416,200,000 cwts, an increase of 0.4% over 414,658,000 in 2009. It was the fourth largest total on record, according to preliminary data from the U.S. Department of Commerce s Bureau of the Census. The total still was down 5,072,000 ...

US to cut soybean stocks estimate 'to 35-year low'

America's soybean stocks may be shown on their way to the lowest in 35 years after US officials later on Wednesday revise crop estimates, with forecasts for corn supplies also cut, analysts believe. Analysts on average expect the US Department of Agriculture, in its latest Wasde ...

South Africa s Wheat Crop May Be Smallest in 19 Years

South African farmers may produce the nation s smallest winter-wheat harvest in 19 years after low prices at the start of the season led to a reduction in planting and as floods and heavy rain damage crops. Farmers may reap 1.51 million metric tons of the grain this season, 3.8 ...

Many of Va.'s major crops had lower yields in 2010

RICHMOND, Va. (AP) The Virginia Department of Agriculture and Consumer Services says many of the state's major crops produced lower yields in 2010. Officials say crops like corn, soybeans, peanuts, cotton and hay yields were significantly lower than 2009. Corn for grain ...

Ukraine to increase grain export quotas

KIEV, Jan. 19 (Xinhua) -- The Ukrainian government has decided to increase the country's grain exports quotas, the agrarian policy minister said Wednesday. "Now we are revising the previous restrictions and will soon set new quotas," Minister Mykola Prysiazhniuktold reporters ...

Demand up for Australia wheat despite quality drop

Australia's wheat exports are rebounding from a Christmas lull despite the lower quality of the crop, which was confirmed in data on Tuesday showing a near-tripling in levels of feed wheat. AWB, the country's former wheat export monopoly, said that Australian wheat was "gaining ...

Quotas threaten 'collapse' in Ukraine grain output

The head of one of Ukraine's major farm operators has warned of a potential "collapse" in the country's grains production if it does not repeal quotas which could cost farmers up to $1.3bn. Eugene Leng, the chief executive of Ukrzernoprom Agro warned that a fall in sowings of ...

Australia's wheat exports off to flying start

The void left by the dearth of Black Sea wheat shipments in world supplies sent Australia's exports off to a cracking start to 2010-11 ?at least, until the worst of the flooding and soaring prices hit. Australia's wheat exports jumped 20% to 919,000 tonnes in November, the second ...

Agricultural Efficiency Crucial for Food Security

China will maintain more than 90 percent of its self-sufficiency in grains during the coming decade by developing agricultural technologies and improving land use for food production, an agricultural expert said on Saturday. In 2010, the country saw the seventh consecutive record ...

Argentine crop downgrades 'may not be the last'

Dryness in Argentina threatens further downgrades to hopes for corn and soybean harvests, even after cuts of 1.5m tonnes apiece on Wednesday, US officials said, warning that sowings may fall short of forecasts. The US Department of Agriculture, in its latest influential Wasde ...

La Nina deepens fears of poor Kansas wheat crop

Analysts at Australia & New Zealand Bank have hardened their forecast that Kansas-traded wheat risks becoming a market "flashpoint", warning that the La Nina weather pattern has increased the chances of a poor crop this year. The turn in the so-called southern oscillation index, ...

France lifts forecast for wheat exports - again

French officials have, once gain, lifted expectations for the country's wheat exports after data showed shipments from the European Union's top producer running 33% higher than a year before. FranceAgriMer, the French farm office, which a month ago lifted its estimate for soft ...
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