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Crop Industry News By Category: Markets/Economics

13 May 2015
CME: Good Crop Plantings Cause Futures Decline
US - Crop plantings are off to an excellent start this year and this has contributed to the steady decline in corn futures prices so far this spring, write Steve Meyer and Len Steiner....
08 May 2015
Price of Chinese Farm Produce Drops Slightly
CHINA - The price of farm Chinese produce continued to fall last week according to a survey of 36 medium and large sized cities carried out by the Ministry of Commerce....
Irish Farmers Request Enquiry into EU Fertiliser Industry
IRELAND - The Irish Farmers' Association (IFA) has requested an enquiry into the EU fertiliser industry amid concerns over high prices and lack of competition....
06 May 2015
What Will Lift the Weight from the Market?
US - With only 8 weeks until the end of the old crop marketing season and the weight of large stocks is continuing to pull down grain prices. ...
05 May 2015
Volatility Takes its Toll on UK Farm Profitability
UK - A significant drop in commodity prices across the board is a major factor in causing a fall in the overall profitability of the farming sector in 2014, the National Farmers Union has said....
01 May 2015
Slight Drop in Average Price of Chinese Farm Produce
CHINA – The average price of Chinese farm produce fell slightly over the last week, according to a survey of 36 large and medium sized cities carried out by the Ministry of Commerce....
30 April 2015
Red Tape Removal Needed for Trade Talks Success
EU - During the ninth round of negotiations between the US and EU on a potential free trade agreement, european agricultural organisation Copa-Cogeca has said that red tape and technical barriers...
Urgent Need to Find Solutions in Farm Trade Talks
GLOBAL - A plea has been sent out to nations in the World Trade Organization to step up efforts to their differences on key issues blocking progress in the Doha Round farm trade talks....
29 April 2015
Cherkizovo Poultry Sales Rise
RUSSIA - Russian integrated meat and finished feed producer, Cherkizovo Group has seen meat and poultry sales rise in the first quarter of the year while pork sales have fallen....
28 April 2015
Maize to Lead Global Grain Contraction
GLOBAL – Smaller maize output will drive a ‘modest decline’ in global grain production this year....
27 April 2015
Beware of the Barley Bears
CANADA - In the latest crop report from Statistics Canada, 2015/16 planting intentions revealed a possible 10.2 per cent (0.2Mha) increase in the area planted to barley in Canada, estimated at...
24 April 2015
Australian Farmers Want Trade Deal to Centre on Agriculture
AUSTRALIA – Trans-Pacific Partnership (TTP) negotiations should be seeking “ambitious outcomes”, placing farming at the heart of an agreement, says a producer organisation....
22 April 2015
Russian Wheat Regains Competitive Edge
RUSSIA - Despite the export tax which has been imposed on it since February, Russian wheat is now looking competitive on the world market once again. ...
21 April 2015
Rise in Price of Chinese Farm Produce
CHINA - The price of farm produce in China has risen over the last week according to a survey of 36 large and medium sized cities carried out by the Ministry of Commerce....
17 April 2015
South Korea - A Changing Market for Rice?
SOUTH KOREA and US - South Korea is a small, but high-value market for the US rice industry. The US exports have averaged more than 104,000 MT of rice to Korea annually over the past six years...
Stronger Canadian Wheat Board Increases Competition
CANADA - Agriculture Minister Gerry Ritz has announced the approval of a deal reached between Canadian Wheat Board (CWB) and G3 Global Grain Group which ensures CWB becomes a fully private and...
Canada Investing in Grain Sector to Increase Exports
CANADA - Agriculture Minister Gerry Ritz has announced an investment of C$1.4 million under Growing Forward 2 for two projects being led by the Canada Grains Council (CGC) to help the grain industry...
16 April 2015
FAO Supporting Yemenis Farmers as Conflict Escalates
YEMEN - Amidst escalating conflict at a crucial time in the country’s cropping season, almost 11 million people in Yemen are severely food insecure and millions more are at risk of not meeting...
15 April 2015
Australian Delegation Meets Mohanbhai Kundariya
INDIA - With agriculture sector in sight, Australian delegation led by Colin Barnett Premier of Western Australia meet Indian Minister of State for Agriculture, Mohanbhai Kalyanjibhai Kundariya...
14 April 2015
Is EU Maize Losing its Competitiveness?
EU - EU maize has maintained its position as the most competitive EU feed grain, when compared with feed wheat and feed barley, since October....
10 April 2015
Rice Subsidies Too High in Advanced Developing Countries
US - Several key advanced developing countries have ramped up subsidies to their producers of rice, corn, and wheat, according to a new study....
Phillipines Explores Cambodia Collaboration on Rice
PHILLIPINES - The Phillipines is hoping to work with Cambodia to exchange knowledge and experience in the rice sector, helping to improve food security....
India’s Oilmeal Exports Down by 44 Per Cent
INDIA - India has recorded a drop in oilmeal exports during April 2014 to March 2015 at 2.44 million tonnes, as compared to 4.38 million tonnes exported during the same period last year....
08 April 2015
Russian Taxes Cause Wheat Export Fall
RUSSIA - Russia's wheat exports have greatly reduced since the government started taxing overseas shipments as a way to reduce local food prices, reports Bloomberg....
FAO Food Price Index Drops Further in March 2015
GLOBAL - The FAO Food Price Index averaged 173.8 points in March 2015, down 2.6 points (1.5 per cent) from its revised February value and nearly 40 points (18.7 per cent) below its level in March...
07 April 2015
USDA Plantings Report Shows Soybeans Gaining Popularity
US - The US Department of Agriculture's Prospective Plantings report indicates that farmers nationwide could be looking to soybeans as a financial safe haven in a difficult market, Purdue University...
02 April 2015
US Corn Planting Way Behind, But Should We Be Worried?
US - US corn plantings are well behind average progress for this point in the season, with very few states having begun planting, should we be concerned?...
CME: Higher Corn and Lower Soybean Plantings Than Expected
US - The USDA’s Grain Stocks and Prospective Plantings reports both pointed to larger than expected corn supplies and smaller than expected soybean supplies, write Steve Meyer and Len Steiner....
Time-out on Trade Talks and Global Negotiations Stall
GLOBAL - Talks at the World Trade Organization over food safety and animal and plant health as part of the on-going trade negotiations have come to an impasse....
01 April 2015
WTO Sets Up Disputes Panel over Russian EU Trade Tariffs
GLOBAL - The dispute settlement body of the World Trade Organisation has established a disputes panel over Russia’s tariff treatment of agricultural and manufacturing goods from the EU....
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