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World wheat production is to jump by 23m tonnes next season, the International Grains Council said, lifting its estimate for world sowings of the grain ?and counting on better Russian weather. The influential intergovernmental group, in its first forecast for wheat output in 2011...
A trade delegation from China is expected to sign agreements on Thursday to import an unspecified amount of US new-cropsoybeans, Reuters reported. US grain analysts expect China to buy up to 2 million tons of the staple for the 2011/2012 marketing year. Don Roose, president of US ...
Historically tight levels of farm commodity supplies have left the US on course for one of its toughest ever "battle for acres", as crops fight for an increased weighting in farmers' sowing plans. The US Department of Agriculture left growers with even more of a mountain to climb ...
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 ...
Wheat market tightness, evident in the pressure on French and UK inventories, means European prices of the grain may break with a historic trend of falling ahead of the harvest period, a leading analyst has said. Europe's wheat prices usually start a seasonal drop in early March, ...
The dynamics of crop consumption and the forthcoming acreage battle both favour corn prices over soybean values, a leading academic has said, forecasting an "extended bull market" in the grain. Soybean buyers are already feeling the pinch from higher prices, Darrel Good, ...
History, weather and the allure of high cotton prices suggest that American farmers did not turn to winter wheat as enthusiastically as many believe, a veteran US analyst has said, on the eve of one of the key days in the farm commodities calendar. Market-watchers on average ...
Economists across the world are expressing concern about rising food prices. The United Nations Food and Agriculture Organization recently released its Food Price Index. The list showed that a number of foods cost more than during the world food crisis of two thousand eight. The ...
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 ...
The knock-on effects for agriculture of Queensland's floods will extend from "highly competitive" agriculture markets, and further strength in livestock prices, to changes in pesticide use, Elders said, as farmers counted the cost of fresh inundations. The Australian rural ...
The winter wheat crop in Kansas looks increasingly a market "flashpoint" in the making thanks to the dry start to the season, which has left its condition already well below average with a freeze on its way. The decline in the condition of the winter crop in America's top wheat...
Estimates for American corn inventories look set to be the most likely to throw up a surprise on Wednesday when US farm officials publish a slew of estimates on domestic and global crops. On the headline American corn yield estimate that the US Department of Agriculture will ...
There may be more than holiday weakness behind soft US crop exports revealed on Thursday, with high prices likely to tempt importers to wait for South American supplies to come onstream. US weekly export sales unveiled on Thursday fell behind analysts' forecasts for crops, with ...
The consolidation which has marked Russia's dairy sector is spreading to neighbouring Ukraine, where Milkiland voiced an appetite for acquisitions, while Danone has latched on to Astarta's expansion plans. Milkiland, unveiling 37% growth in underlying earnings said it "closely ...
Vietnam s rice exports set a dual record for 2010 in terms of both volume and value. The Ministry of Agriculture and Rural Development s statistics showed that the country exported 6.88 million tonnes of rice worth US$3.23 billion in 2010, up 15.4 percent and 21.2 percent in ...
As northeast Japan trembled through aftershocks from the March 11 earthquake, uncertainty about the effects on trade drove commodity markets into a one-day plunge on March 15. The main theme again today was de-risking, said Jim Warren, an analyst at the Country Hedging Kansas ...
MT. VERNON, INDIANA, U.S. Cargill announced on Dec. 29 that it is significantly upgrading its Mt. Vernon, Indiana, U.S., grain operations through construction of four new grain storage bins totaling 3.4 million bushels of storage capacity. Cargill is also adding a fifth truck ...
Corn-based ethanol is the renewable fuel environmentalists love to hate. But as turmoil in the Middle East and North Africa has sent oil prices soaring, U.S.-made ethanol is making a comeback. Plants mothballed during the economic downturn are reopening. Domestic ethanol ...
France boosted its claim to second place in the world wheat exporters' table by adding 290,000 tonnes to its estimate for shipments this season, thanks to bumper demand from the Middle East and North Africa. The European Union's top wheat grower will export nearly 19.2m tonnes of ...
The squeeze in Europe's rapeseed supplies, which drove prices to a record high, may extend into 2011-12, thanks to significant levels of winterkill damage to crops in Germany and Poland. "Heavy black frosts" in late February, which drove temperatures in eastern Germany to -15 ...
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China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
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