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17 April 2014
Quarterly Sales of Poultry Meat, Sunflower Oil Rise for MHP
UKRAINE - Agri-food company, MHP reports higher poultry meat and sunflower oil production by 30 and 37 per cent, respectively, in the first quarter of 2014 than in the same period last year while...
Mexico: A Positive Year Ahead but Full of Challenges
MEXICO - Mexico’s economic growth is gradually improving, but food consumption remains vulnerable to income and price effects, according to a report from Rabobank – "Mexico Agribusiness Outlook...
Wyckoff's Closing Grains: Corn Closed Lower
US - May corn futures closed down 6 1/2 cents at $4.97 1/4 Wednesday. ...
16 April 2014
Indian Soymeal Exports Down 17 Per Cent last year
INDIA - India’s soymeal exports has recorded a negative growth of 0.59 million tonnes or 17.27 per cent at 2.84 million tonnes during the April 2013 to March 2014 financial year, writes Jagdish...
Vietnamese Oilseed Production Continues to Drop
VIET NAM - Viet Nam’s oilseed production continues to fall well below demand from the food industry and the livestock and aquaculture feed sectors due to low yield and strong competition from...
Ecuador's Total Sugar Production Forecast to Rise
ECUADOR - FAS Quito forecasts Ecuador’s total sugar production in marketing year (MY) 2014/15 (May/April) reaching 615,000 metric tons (MT), up some 38,000 MT or 6.5 per cent from our MY 2013/14...
China's Tame Inflation Provides Ample Policy Room
CHINA - Increased food prices drove China's inflation at retail level to rise at a faster pace in March than the previous month, but the inflation pressure still remained subdued and gave policymakers...
15 April 2014
Jim Wyckoff's Morning Report: Russia-Ukraine Dominant Market Theme
GLOBAL - The Russia-Ukraine crisis is the dominant market theme this week. ...
Agriculture's Greenhouse Gas Emissions on the Rise
GLOBAL - New FAO estimates of greenhouse gas data show that emissions from agriculture, forestry and fisheries have nearly doubled over the past fifty years and could increase an additional 30...
Total Mexican Cotton Production Forecast to Rise
MEXICO - The Post/New MY 2014/15 total Mexican cotton production is forecast to increase approximately 16 per cent due to an expected increase in planted area....
Wyckoff's Closing Grains: Corn Closed Lower
US - May corn futures closed up 4 cents at $5.02 1/2 Monday....
14 April 2014
West African Milled Rice Production Continues to Rise
WEST AFRICA - Despite delayed rains and prolonged dry spells that affected the MY 2013/14 (Oct 2013-Sept 2014) cropping season in most selected countries, milled rice production continues to...
11 April 2014
Cotton Incorporated: Prices Outside China Flat to Lower; CC Index Lower
GLOBAL - Prices outside China were flat to lower last month, while the CC Index decreased in early April....
Venezuelan Grain Production Drops; Strong Imports Expects
VENEZUELA - Venezuela is a net importer of agricultural products and depends on food imports for about 70 per cent of its food supply....
Nigerian Demand for Wheat-based Foods Large, Growing
NIGERIA - Nigeria plays a pivotal role in the regional economy from being the largest market in West Africa....
10 April 2014
Overall Moroccan Grain Crop in Good Condition
MOROCCO - The overall grain crop for MY 2014/2015 season is reported to be in good condition with an average yield of 79.5 kg/HA compared to national standard of 77 kg/HA, with very low impurity...
Indian Oilseed Production Forecast to Drop
INDIA - India’s total oilseed production, to include soybeans, rapeseed, mustard, peanuts, sunflower seed, cottonseed, and copra is forecast at 37.4 MMT in MY 2014/15 (Oct-Sep), a 2.5 per cent...
China Corn Production Forecast to Rise
CHINA - Wheat production in marketing year (MY) 2014/15 is forecast stable at 122 million metric tons (MMT). MY 2014/15 wheat imports are forecast at 4 MMT, down 3 MMT from the previous year,...
09 April 2014
USDA Supply, Demand Report: Friendly for Corn, Soybeans; Bearish for Wheat
ANALYSIS - The April USDA supply and demand report contained no major surprises. However, the latest government data was deemed a bit bullish for corn and soybeans, and modestly bearish for wheat,...
Indian Sugar Production Down Seven Per Cent in Last Year
INDIA - India’s sugar production output has recorded a 1.6 million tonnes or seven per cent decrease at 21.5 million tonnes during the April 2013 to March 2014 fiscal year, writes Jagdish Kumar....
Wyckoff's Closing Grains: Corn Closed Lower
US - May corn futures closed up 7 1/2 cents at $5.06 3/4 Tuesday....
08 April 2014
Wyckoff's Weekly Grains Outlook: Mixed Picture Across Markets
ANALYSIS - There's a mixed bag across the grain markets this week, reports Jim Wyckoff....
Favourable Prospects for Indonesia 2014 Rice, Maize Crops
INDONESIA - Harvesting of the 2014 main (wet) season paddy crop, which accounts for about 95 percent of annual production, began in early-March and is expected to continue until mid-June. ...
Wyckoff's Closing Grains: Corn Closed Lower
US - May corn futures closed down 2 1/2 cents at $4.99 1/4 Monday. ...
07 April 2014
Jim Wyckoff's Morning Report: Asian, EU Markets Pressured
GLOBAL - Asian and European stock markets were pressured Monday following Friday’s losses in the U.S. stock market that were led by the Nasdaq index dropping sharply. ...
FAO Food Price Index up Sharply for Second Consecutive Month
GLOBAL - The FAO Food Price Index averaged 212.8 points in March 2014, up 4.8 points, or 2.3 per cent, from February and the highest level since May 2013....
04 April 2014
Jim Wyckoff's Morning Report: Awaiting US Employment Report
GLOBAL - Arguably the most important economic data point of the week and of the month is on deck Friday: the March U.S. employment report from the Labor Department. ...
Thai Soybean Consumption Expected to Rebound in MY 2013/14, MY 2014/15
THAILAND - Soybean consumption is expected to rebound in MY 2013/14 and MY 2014/15 in line with rising demand for soybean meal. The increase is being driven by Thailand’s growing livestock...
Spain Cotton Has Critical Implications
SPAIN - Spain and Greece are the only two EU member states that grow cotton. In Spain, the large majority of cotton production is concentrated in Andalucía, especially in the provinces of Cadiz...
Thai Cotton Yarn Production up from Previous Year
THAILAND - Cotton imports in Marketing Year (MY) 2012/13 increased 19 per cent to 1.5 million bales as spinning mills experienced greater demand for cotton yarn and the Thai economy improved....
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