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Crop Industry News By Category: Markets/Economics

22 September 2014
Jim Wyckoff's Morning Report: Markets Mainly Lower Overnight
GLOBAL - In overnight news, China’s finance minister said his nation will not offer a more stimulative domestic monetary policy or other economic stimulus measures despite some recent weak...
Escorts Launches Two New Tractors in Bangladesh
BANGLADESH - India’s leading tractor brand, Escorts has launched two new series of tractors in Bangladesh....
NABARD Launches $820 Million Long Term Rural Credit Fund
INDIA - To increase long term credit in agriculture sector, the National Bank of Agriculture and Rural Development (NABARD) has launched an $820 million rural credit fund....
Myanmar Rice Production Forecast at a Good Level
MYANMAR - Harvesting of the 2014 main (wet) season rice crop, which accounts for about 80 percent of annual production, is expected to start at the beginning of October and continue into December....
19 September 2014
Market Analyst: Grain Pressure Continues
ANALYSIS - Grains are continuing to feel selling pressure from both currencies in the outside markets as well as the impending increase in supplies, reports Mike Zuzolo for Global Commodity Analytics....
India Plans $131 Billion Credit To Farmers During 2014-15
INDIA - To provide farmers with credit support, Indian government has planned $131 billion credit support for agriculture sector during 2014-15 financial year....
Wyckoff's Closing Grains: Corn Closed Lower
US - December Corn closed down 3 1/2-cents at 3.38 1/4. December corn closed lower on Thursday as forecasts for dry weather that should help the corn crop mature into harvest. ...
18 September 2014
Japan Cereal Production Expected to Remain High
JAPAN - Harvesting of the 2014 paddy crop is currently underway and will continue into November....
Export Customers Commit to Buy $2.3 Billion of US Soy
US - Buyers from China at the second-annual, soy-checkoff-funded US Global Trade Exchange have agreed to buy $2.3 billion of US soy totaling 176 million bushels of US soybeans, marking the second...
Wyckoff's Closing Grains: Corn Closed Lower
US - December Corn closed down 2-cents at 3.41 3/4. December corn closed lower on Wednesday. ...
17 September 2014
Jim Wyckoff's Morning Report: Investors Await Interest Rates Decision
GLOBAL - The December NASDAQ 100 was lower overnight as investors await the Federal Reserve's decision regarding interest rates. ...
India’s Oilmeals Export down 36 Per Cent
INDIA - India’s oilmeals export has posted a 36 per cent negative growth during April to August at 864,929 tonnes....
Wyckoff's Closing Grains: Corn Closed Higher
US - December Corn closed up 3/4-cents at 3.43 3/4. December corn closed fractionally higher due to short covering on Tuesday. ...
16 September 2014
Argentina Cereal Production to Reach New Record
ARGENTINA - Harvesting of the 2014 maize crop is virtually concluded, early estimates point to a higher than expected crop due to higher yields as a result of favourable weather during the season....
Efforts Made to Reduce Government-imposed Trade Barriers
EU - American Farm Bureau Federation President Bob Stallman is leading a delegation of the organization’s leaders to Europe this week to discuss efforts to increase trade through comprehensive...
Wyckoff's Closing Grains: Corn Closed Higher
US - December Corn closed up 4 1/2-cents at 3.43. December corn closed higher due to short covering on Monday triggered by wild scale frost across the upper portion of the Corn Belt over the...
15 September 2014
Jim Wyckoff's Morning Report: Corn Lower Overnight
GLOBAL - The December NASDAQ 100 was lower overnight and posted its lowest level since August 22nd. ...
CME Report: 74 Per Cent of US Corn Crop Rated Good/Excellent Condition
US - 74 per cent of the US corn crop was rated in good/excellent condition, unchanged from the previous week and 20 points better than year ago and the five year average for this week, write...
12 September 2014
What Has Supported Corn, Soybean and Land Prices?
ANALYSIS - Matt Roberts, agricultural economist at The Ohio State University, said global soybean demand from China has increased soybean acreage by 30 million acres, and US ethanol demand has...
Jim Wyckoff's Morning Report: Rare Upbeat Economic Data
GLOBAL - In overnight news, there was a rare upbeat economic report from the European Union. ...
EU Adopts Proposals to Improve Health, Tackle Antimicrobial Resistance
EU - The European Commission has adopted proposals on veterinary medicinal products and medicated feed, to improve the health and well-being of animals, to tackle antimicrobial resistance (AMR)...
FAO Food Price Index Drops to Four-year Low
GLOBAL - FAO's monthly food price index registered another drop in August, continuing a 5-month downward run and reaching its lowest level since September 2010....
Wyckoff's Closing Grains: Corn Closed Lower
US - December corn futures closed down 4 1/4 cents at $3.41 1/2 Thursday....
11 September 2014
Market Analyst: Corn, Soybeans Hit Four-year Low
ANALYSIS - December corn and soy prices have made four-year lows this week as record harvests are expected, reports Mike Zuzolo for Global Commodity Analytics....
Wyckoff's Closing Grains: Corn Closed Higher
US - December corn futures closed up 2 cents at $3.46 1/4 Wednesday. ...
10 September 2014
Will Scotland's Independence Vote Impact Agriculture?
ANALYSIS - Scotland’s First Minister Alex Salmond addressed international agricultural journalists at a conference in Scotland on Sunday evening saying, “There is a debate going on as part...
Do 1 September Corn Stocks Estimate Matter?
US - Corn prices continue to be dominated by expectations of a very large US harvest, writes Darrel Good. ...
Forecast Frost Expected to Reduce Canada Yield
CANADA - A weather and crop specialist with CWB says the frost that's expected this week will result in reduced crop quality and lost yield, especially in the later seeded crops, Bruce Cochrane...
09 September 2014
Wyckoff's Weekly Grain Outlook: Record Corn, Soy Harvest Likely
ANALYSIS - Grain market bears are still in full command at the start of the week, with a record corn and soybean harvest predicted, reports Jim Wyckoff for TheCropSite....
Beware of the Trojan Horse Labelled COOL ‘Reform’
US - National Farmers Union (NFU) President Roger Johnson argues in a recent Politico op-ed that the opponents of Country-of-Origin Labelling (COOL), having lost their battles on both the ideological...
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