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Crop Industry News By Category: Economics

01 July 2014
Global Grain & Feed Forum: India Needs More Silos
INDIA - With millions of tonnes of food grains wasted every year and 1.25 billion people to feed, India needs to set up more silos to cut down wastage, writes Jagdish Kumar for TheCropSite....
30 June 2014
USDA Reports Hammer Grain Futures Prices Lower
ANALYSIS - Soybeans led a downside price surge in grain futures Monday, in the wake of mostly bearish supply and demand data released by the US Department of Agriculture at midday Monday, writes...
27 June 2014
Chinese Farm Product Prices Fall Slightly
CHINA - The prices of major farm products fell slightly last week following a market survey of prices in 36 large and medium-sized cities carried out by the Ministry of Commerce (MOFCOM)....
26 June 2014
Two Million Hectare Shortfall in UK Land Possible by 2030
UK - A University of Cambridge Institute for Sustainability Leadership (CISL) study has revealed that by 2030, the UK could require up to seven million hectares of additional land to meet a growing...
25 June 2014
Jim Wyckoff's Morning Report: Iraq Civil War Important Market Factor
GLOBAL - There were no major developments on the world market place overnight. ...
24 June 2014
Jim Wyckoff's Morning Report: 'Market Mover' Reports Due for Release
GLOBAL - There is a heavy slate of U.S. economic data due for release Tuesday, including the weekly Goldman Sachs and Johnson Redbook retail sales reports, the S&P/Case-Shiller home price index,...
US Ethanol Production Reaches Record High
US - US ethanol outputs have hit a record high as plants prepare for the increasing seasonal demand and positive margins....
23 June 2014
Wyckoff's Weekly Grain Outlook: Is 'Market Scare' on the Way?
ANALYSIS - All eyes are on the corn belt this week as irrational weather systems continue to pass through, reports Jim Wyckoff....
Jim Wyckoff's Morning Report: Markets Firmer Overnight
GLOBAL - In overnight world developments, the China HSBC preliminary manufacturing purchasing managers index came in at 50.8 in June versus 49.4 in May. ...
20 June 2014
Jim Wyckoff's Morning Report: Iraq Civil War Keeps Markets in Check
GLOBAL - The civil war in Iraq remains a major market factor and continues to prompt risk aversion among traders and investors. ...
Gleadell Market Report: US Markets Continue Decline
GLOBAL - US markets have mainly continued their recent decline, as a bearish USDA report added to the negative sentiment, writes David Sheppard, Gleadell’s Managing Director....
Indian State Hikes Agriculture Budget
ANALYSIS - In a view to boost the agriculture sector, Odisha state will be increasing agricultural spend to $335 million during the 2014-15 budget year....
Wyckoff's Closing Grains: Corn Closed Higher
US - July Corn closed up 9-cents at 4.50 1/2. July corn closed higher due to short covering on Thursday....
19 June 2014
Wyckoff's Closing Grains: Corn Closed Higher
US - July corn futures closed up 1 3/4 cents at $4.40 1/2 Wednesday. ...
18 June 2014
Jim Wyckoff's Morning Report: Markets Await Federal Reserve Open Market Committee Briefing
GLOBAL - The big economic data point of the week and maybe the month occurs Wednesday: The U.S. Federal Reserve Open Market Committee meeting that began Tuesday and ends Wednesday afternoon,...
Record Global Soybean Year Forecast
GLOBAL – Analysts are predicting another record global soybean crop for 2014/15....
Does Flood Funding Recognise the Value of Agriculture?
UK - The National Farmers Union (NFU) is calling for Defra to act on the recommendations of the Efra Select Committee’s report into this winter’s flooding which severely hit farmland across...
US-EU Trade Discussions Take Place in Europe This Week
US & EU - US Agriculture Secretary, Tom Vilsack, is meeting Agriculture Ministers and other EU leaders in Brussels, Luxembourg, Paris and Dublin this week to discuss the role of agriculture in...
Wyckoff's Closing Grains: Corn Closed Lower
US - July corn futures closed down 2 cents at $4.39 Tuesday. ...
17 June 2014
Wyckoff's Weekly Grain Outlook: Focus On Weather This Week
ANALYSIS - Focus is again on corn belt weather this week, reports Jim Wyckoff for TheCropSite. ...
Jim Wyckoff's Morning Report: Iraq Civil War Remains Main Concern
GLOBAL - The civil war in Iraq remains on the front burner of the market place Tuesday. ...
India's National Bank Reduces Rates by 20 Basis Points
INDIA - Mumbai-based National Bank for Agriculture and Rural Development (NABARD) has reduced rate of interest by 20 basis points (bps) on their long-term refinance facility to banks with an...
Wyckoff's Closing Grains: Corn Closed Lower
US - July corn futures closed down 6 cents at $4.41 Monday....
16 June 2014
Jim Wyckoff's Morning Report: Eastern Tensions Affect Marketplace
GLOBAL - It’s a modest “risk-off” day in the market place Monday, as the situation in Iraq deteriorated during the weekend. ...
MillerCoors Saves 1.1 Billion Gallons of Water in Supply Chain
US - From 2011 to 2013, MillerCoors saved more than 1.1 billion gallons of water as a result of its use of short interval controls and improved efficiencies throughout its brewing and packaging...
13 June 2014
Maharashtra Records Agri Growth
INDIA - The Economic Survey of Maharashtra for 2013-14, which was tabled in the legislature recently said that state recorded four per cent growth in agriculture sector....
India’s Oilmeals Export Down by 21 Per Cent
INDIA - India’s oilmeals export during April to May 2014 has recorded a 21 per cent decrease at 390,596 tonnes according to the Solvent Extractors’ Association of India (SEAI)....
Wyckoff's Closing Grains: Corn Closed Higher
US - July corn futures closed up 4 cents at $4.45 Thursday....
12 June 2014
CEREALS: HGCA Celebrates Ten Years of Exports Success
UK - HGCA Exports Chairman Mike Hambly and Environment Secretary Owen Patterson celebrated the 10th anniversary of HGCA’s ukp and uks wheat export classifications yesterday, on the first day...
Jim Wyckoff's Morning Report: Iraq Calls on US Government for Military Aid
GLOBAL - Iraq is back in the news headlines again, as civil war has broken out in that country amid escalating violence. ...
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