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Crop Industry News By Category: Economics

24 December 2013
Cotton and VAT Tax in Mexico's Maquiladora Industry
MEXICO - Mexico continues to make strides in its production and commercial capacity. Currently, Mexico is one of the leaders in cost effective manufacturing, along with China and India....
Growing Adaptation Program to Fund Water Infrastructure Projects
CANADA - Under Growing Forward 2, Canada and Manitoba are partnering to fund a new program, Growing Adaptation, which will help farmers and food processors build water infrastructure and prepare...
23 December 2013
Jim Wyckoff's Morning Report: Quiet Pre-holiday Markets
GLOBAL - It’s a quiet, pre-holiday trading environment Monday morning. With the Christmas holiday on Wednesday look for thin volumes and lackluster trading conditions for most of this week...
World's Largest Ag Research Partnership Doubles Funding to $1 Billion
GLOBAL - Consultative Group on International Agricultural Research (CGIAR) the world's largest agriculture research partnership, has announced its funding has doubled from $500 million in 2008...
20 December 2013
Wyckoff's Morning Report: Corn Lower Overnight
GLOBAL - The March NASDAQ 100 was higher overnight and is poised to extend the rally off Wednesday's low. Stochastics and the RSI are bullish signaling that sideways to higher prices are possible...
Implementation of Common Ag Policy Announced
UK - Farming, wildlife, rural businesses and the wider economy in England are set to benefit from £15 billion from the next Common Agricultural Policy (CAP)....
19 December 2013
Jim Wyckoff's Morning Report: Markets Slightly Higher Overnight
GLOBAL - The highly anticipated U.S. Federal Reserve Open Market Committee (FOMC) meeting, statement and press conference by outgoing Fed Chairman Ben Bernanke are over, and in the aftermath...
More Than £100k Given Out to Promote Farming in 2013
UK - Projects across the country benefitted from more than £124,000 from NFU Scotland’s Centenary Trust during 2013. ...
18 December 2013
Wyckoff's Report: US Federal Reserve Open Market Committee Meeting Wraps Up
GLOBAL - Today is the day. The highly anticipated U.S. Federal Reserve Open Market Committee (FOMC) meeting ends in early afternoon with a statement and then a press conference from outgoing...
Webinar to Give 2014 Financial Insight to Ag Managers
US - Farmers and others in agribusiness will get a better handle on the financial outlook for 2014 by participating in a webinar on Thursday (19th December) led by experts in Purdue University's...
17 December 2013
Canada, BC Fund Agrifood Innovation & Sustainability
CANADA - The governments of Canada and British Columbia are investing more than C$2 million in agricultural projects that support business development, innovation, food safety, and sustainability....
16 December 2013
Wyckoff's Weekly Grain Forecast: China Bird Flu Rumours Affect Soy Market
ANALYSIS - Reports of a bird flu outbreak in China is limiting buying interest in the US soybean markets, reports Jim Wyckoff....
Cargill Strengthens Russian Footprint with Stake in Black Sea Port Terminal
RUSSIA - Cargill has acquired a minority shareholding in a deep sea port terminal in Novorossiysk on the Black Sea in south west Russia. The company has purchased a 25 per cent plus one share...
USDA, DOE Fund Bioenergy Feedstock Projects
US - The U.S. Departments of Agriculture (USDA) and Energy (DOE) have announced $8 million in research grants to develop non-food feedstocks that can be used for bioenergy....
11 December 2013
Wyckoff's Weekly Grain Outlook: Grains Weaker Following USDA Report
ANALYSIS - Grain prices reacted to a mildly bullish USDA supply and demand report for December this week, reports Jim Wyckoff. ...
10 December 2013
Wyckoff's Closing Grains: Corn Closes Lower
US - March corn futures closed down 1 1/2 cents at $4.36 1/2 Tuesday. Prices closed near mid-range and hit a fresh three-week high early on. Corn bulls could get no traction from a mildly bullish...
Grains Mostly Weaker in Aftermath of USDA Supply and Demand Report
ANALYSIS - Corn futures moved lower at midday Tuesday, after seeing a slight bounce following a mildly bullish USDA supply and demand report for December. ...
06 December 2013
Autumn Statement: A 'Positive Effect' on Farming
UK - The NFU believes that several of the announcements made in the Autumn Statement could have a positive effect on farming, according to chief economist Phil Bicknell....
Support for Canadian Grain Industry
CANADA - The Government of Canada is making strategic investments in market development that will help Canadian grain growers access new global markets and increase sales abroad. ...
05 December 2013
Call for Fair Practices All Along Food Chain
EU - At a major workshop "A fair food chain for all" held in the European Parliament, Copa-Cogeca stressed the need for fair practices all along the food chain, to the benefit of everyone. ...
04 December 2013
CME Group Announces Approval of CME European Trade Repository
US - CME Group has announced that the European Securities and Markets Authority (ESMA) has approved the CME European Trade Repository as a Trade Repository (TR) under the European Market Infrastructure...
03 December 2013
Jim Wyckoff's Morning Report: Markets Mixed Overnight
GLOBAL - This is a big week for economic data, highlighted by the European Central Bank’s monthly monetary policy meeting on Thursday and the U.S. jobs report on Friday. ...
02 December 2013
Wyckoff's Weekly Grain Forecast: Corn Bears Maintain Advantage
ANALYSIS - Corn market bears still maintain the solid overall technical advantage as we start the week, reports Jim Wyckoff for TheCropSite....
Web Tool Helps Raise Rice Yield and Income
PHILIPPINES - Launched last week in the Philippines, Rice Crop Manager puts the power of technology into action to help farmers manage their rice crops better and earn more....
28 November 2013
Auditors Find Criteria for EU Farm Aid Abused
ANALYSIS - European regulations designed to pay assistance to farmers farming in difficult and less favoured areas are being abused by a number of EU states, writes Chris Harris....
China Reports Slight Drop in Farm Produce Prices
CHINA - According to monitoring by MOFCOM in 36 medium and large sized cities, price of agro-foodstuff saw a rise by small margin and the price of material for production fell slightly last week...
27 November 2013
Jim Wyckoff's Morning Report: Marketplace Quieter in Thanksgiving Lead-up
GLOBAL - It’s a somewhat quieter market place so far Wednesday, in a pre-holiday trading atmosphere. ...
Winter Irrigation Workshop Offers Water Use, Economic Reports
US - Crop producers and agribusiness professionals can learn more about irrigation systems during a December 13 winter irrigation workshop hosted by the Michiana Irrigation Association and co-sponsored...
26 November 2013
Canada’s Government Supporting Growth of Organic Sector
CANADA - The Canadian organic industry is updating its standards and pursuing new domestic and international markets with a C$500,000 investment by the Government of Canada. ...
Grants Extend Production Season, Income Opportunities for America's Farmers
US - Agriculture Secretary Tom Vilsack has announced the availability of nearly $10.5 million in US Department of Agriculture (USDA) grants to help agricultural producers enter into value-added...
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