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Crop Industry News By Category: Markets/Economics

12 January 2015
US Soybean Exports Stay Strong
US - Latest USDA figures show that 1.7Mt of US soybeans were exported in the week ending 1 January. ...
NFU Joins Coalition To Promote Normalised Relations With Cuba
US - The National Farmers Union (NFU) has joined other prominent members of the US food and agriculture community in the launch of the new US Agriculture Coalition for Cuba (USACC), a group aiming...
Exit From EU Poses Risk to Farming
SCOTLAND - The EU referendum is the biggest threat facing British farming, Scotland’s Rural Affairs Secretary Richard Lochhead has warned. Leaving the EU could see UK farmers lose Common Agricultural...
Food Price Index Declines in December 2014
GLOBAL - 2014 is third consecutive year of falling prices as all commodity groups except for meat decline....
09 January 2015
US Should Have Goal of Reducing the Trade Deficit
US - National Farmers Union President Roger Johnson argues in a POLITICO Pro guest column that all future US trade agreements should be negotiated with the goal of reducing the US trade deficit,...
Cargill’s Karnataka Milling Unit to Open in June
INDIA - In order to tap huge potential of maize grown in the stateof Karnataka, Cargill’s milling plant is expected to start operations from June 2015....
08 January 2015
Agriculture Commissioner Vows to Tackle Supply Chain Profit-Taking
IRELAND - The Commissioner for Agriculture and Rural Development, Phil Hogan, said he plans to reduce the amount farmers pay on agricultural inputs. ...
Greenhouse Gas Calculator Wins Science Award
UK - A greenhouse gas calculator developed at Aberdeen University is this year’s winner of the Practice with Science Award run by the Oxford Farming Conference....
07 January 2015
Tighter Market Projected for Global Sugar Industry
GLOBAL - Rabobank has issued a new report on the global sugar industry, forecasting a tighter market than expected based on recent supply and demand conditions. ...
06 January 2015
Lower Grain Prices Help US Ethanol Stocks to Swell
US - The latest data in relation to ethanol production and stocks suggests that US ethanol producers are continuing to take advantage of relatively inexpensive grains, despite five-year low gasoline...
India’s Rabi Sowing Down at 55.28 Million Hectares
INDIA - India has recorded a drop in rabi sowing as on January 2, 2015 at 55.28 million hectares, as per the data released by the directorate of economics and statistics, agriculture ministry....
Chinese Food Prices Rise Slightly
CHINA - Chinese farm produce prices rose slightly last week according to a survey of 36 large and medium sized cities by the Ministry of Commerce....
05 January 2015
NFU President: Government Must 'Embrace Optimism'
UK - In his first New Year message as NFU President, Meurig Raymond has urged government to embrace a sense of optimism for the longer-term future and to help our industry grow and reverse the...
02 January 2015
Chinese Food Prices Rise Slightly
CHINA - The prices of major farm produce in China rose slightly last week according to a survey of 36 large and medium-sized cities by the Ministry of Commerce....
Slide in Ruble to Hit Chinese Agricultural Exports
CHINA - The falling ruble and the financial troubles in Russia are putting trade links between Russia and China at risk....
31 December 2014
Farmers Need to be Encouraged to Invest
UK - The British government needs to embrace farmers and growers’ optimism for the longer term future to help grow the industry and reverse the country’s declining self-sufficiency....
IFES 2014: Crop and Livestock Price Prospects for 2015
US - As indicated a year ago, the transition from the extremely high prices resulting from the drought of 2012 to lower prices now being experienced has occurred differently for corn, soybeans,...
China Set to Advance Modernisation of Agriculture
CHINA - China is to push forward with a programme of agricultural modernisation through reform and innovation....
30 December 2014
Model Shows Wheat Harvest May Fall with Global Warming
GLOBAL - New research in the UK using models predicts a six per cent reduction in global wheat harvest for each 1°C of global warming....
SOPA Hails Import Duty Hike on Edible Oils
INDIA - Indore based Soybean Processors Association of India (SOPA) has welcomed the hike in Import duty on edible oils, both crude and refined by five per cent....
World Cotton Prices Forecast to Remain Flat
GLOBAL - An analyst at Texas A&M University is forecasting cotton prices to remain flat heading into 2015 due to a large world supply....
29 December 2014
Mississippi Ag Values Set to Top $7 Billion
US - Despite low prices for many commodities, the overall projected totals for Mississippi’s crop values should top $7 billion for the third straight year and essentially match the record set...
Cargill to Pursue Feed Acquisitions But Not Nutreco
GLOBAL - Cargill says it is no longer pursuing the acquisition of Nutreco. ...
24 December 2014
Albania Set to Resume Meat and Agricultural Exports to Russia
ALBANIA - Exports of meat and agricultural products could restart between Albania and Russia following top level talks between between Deputy Head of Rosselkhoznadzor Alexei Saurin and Secretary...
23 December 2014
Demand Keeping Up Support for Oilseed Prices
US - While the grains market has been undergoing a period of volatility recently, the general trend for oilseed prices is that of support....
18 December 2014
Chinese Farm Produce Prices Rise Slightly
CHINA - Farm produce prices rose slightly in the first week of December, according to a Ministry of Commerce survey of prices in 36 large and medium sized cities....
16 December 2014
Oilseed Prices Take a Tumble on US Crush Data
US - Chicago soyabean prices moved lower at yesterday’s close after the US National Oilseed Processors Association (NOPA) published their latest crush data....
Corn Price Strength Continues
US - March 2015 corn futures traded to a high of $4.115 on December 15, the highest level since July 10 and $0.80 above the low reached on October 1, writes Darrel Good. ...
15 December 2014
Russian Export Concerns Diminish
GLOBAL - Markets have re-traced off the recent high as concerns over the threat of Russian export restrictions diminish, writes David Sheppard, Gleadell’s managing director....
12 December 2014
Survey: Market Volatility Taking Toll on Farmers
UK - After the last two NFU survey results revealed a largely positive outlook within agriculture, latest results show a marked dip in short term confidence among farmers and growers....
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