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Crop Industry News By Category: Economics

13 May 2013
Jim Wyckoff's Monday Closing Grains: Corn Sharply Higher
ANALYSIS - July corn futures closed up 19 1/4 cents at $6.55 1/4 Monday. Prices closed nearer the session high today on short covering and on planting delays in the US Corn Belt. ...
Jim Wyckoff's Morning Report: US Dollar Surge Impacts Markets
GLOBAL - In overnight news, the US dollar has surged on the world foreign exchange market the past couple trading sessions, which in turn has impacted several other markets. ...
US Corn Futures Market Sees Selling Pressure in Wake of Bearish USDA Report
US - Corn futures were lower in the wake of the latest U.S. Department of Agriculture monthly supply and demand report issued late Friday morning, writes Jim Wyckoff for TheCropSite....
10 May 2013
Payments by US Farm Safety Net Program: Differences by Crop
US - An important aspect of the on-going debate over the new farm bill is the proposed elimination of direct payments. This proposal differentially impacts the program crops, prompting a debate...
09 May 2013
Jim Wyckoff's Thursday Closing Grains: Corn Closes Higher Ahead of USDA Report
US - July corn futures closed up 17 cents at $6.50 Thursday. Prices closed nearer the session high today on short covering and position evening ahead of Friday’s USDA report. ...
NFU Joins European Coalition to Demand Fair Treatment
UK - The NFU has joined a coalition of farmers’ organisations from Germany, France, the Netherlands, Belgium, Finland and Denmark to fight against CAP proposals that could result in significant...
08 May 2013
Jim Wyckoff's Wednesday Closing Grains: Corn Closes Lower
July corn futures closed down 7 cents at $6.33 Wednesday. Prices closed near mid-range. The key “outside markets” were bullish for the corn market today, as the US dollar index was lower...
Business Summit Aims to Help Farmers
UK - Major banks, farming charities and farming representatives will meet today (8 May) at a landmark summit called by Environment Secretary Owen Paterson....
07 May 2013
Jim Wyckoff's Tuesday Closing Grains: Corn Closes Higher
US - July corn futures closed up 3 1/4 cents at $6.39 3/4 Tuesday. Prices closed near mid-range and saw tepid short covering. ...
05 May 2013
Time for Change: Sustainability Events for Businesses
GLOBAL – As companies become more focused on sustainable practices, an innovative proposition for businesses has emerged that offers unique global insight into business sustainability and hands-on...
03 May 2013
CME Group Respond to Data Leak Claims
US - CME Group Inc. has responded to an article in the Wall Street Journal (WSJ) earlier this week, claiming that a data leak by the group, exposed details of derivatives trading that were intended...
EC to Recover €230M of CAP Expenditure from Member States
EU - A total of €230 million of EU agricultural policy funds, unduly spent by Member States, is being claimed back by the European Commission under the so-called clearance of accounts procedure....
02 May 2013
Wyckoff's Thursday Closing Grains: July Corn Closes Higher
ANALYSIS - July corn futures closed up 14 cents at $6.60 3/4 Thursday. The better investor risk appetite in the market place supported the corn market, as did sharply higher crude oil prices...
Jim Wyckoff's Morning Report: Traders Await Outcome EU Central Bank Meeting
GLOBAL - Traders and investors were awaiting the outcome of the European Central Bank meeting Thursday to discuss EU monetary policy....
01 May 2013
Wyckoff's Wednesday Closing Grains: July Corn Closes Lower
ANALYSIS - July corn futures closed down 3 1/2 cents at $6.46 3/4 Wednesday. A weaker raw commodity sector, in general, Wednesday, led by sharp losses in crude oil, limited buying interest in...
Fairer Finance for Aussie Farmers
AUSTRALIA - The Gillard Government will boost support and assistance to farmers struggling with acute levels of debt with a new package of measures to support the rural sector....
Cuba's Food, Sugar Production Below Expectations Despite Reforms
ANALYSIS - Obtaining food remains a cause for daily concern in Cuban homes because of insufficient domestic food production despite agricultural reforms and plans of President Raúl Castro’s...
30 April 2013
Jim Wyckoff's Tuesday Closing Grains: Corn Hits 4-Week High, Falls Back
US - July corn futures closed down 9 3/4 cents at $6.50 Tuesday. Prices hit a fresh four-week high early on and then fell back on a corrective pullback from Monday’s limit gains, writes Jim...
29 April 2013
Jim Wyckoff's Monday Closing Grains: Corn Closes Limit Up
US - July corn futures closed up the 40-cent limit at $6.59 3/4 Monday. Prices hit a fresh four-week high as the first major “weather market” of the US planting and growing season has been...
Jim Wyckoff's Morning Report: Italian Bond Yields Fall to Two-year Low
GLOBAL - In overnight news, Italian bond yields fell to a 2.5-year low at the latest 10-year bond auction as investors embraced the new Italian coalition government. ...
Grain Hedge: Lack of Fundamental News Lead Grains Sideways
US - There was not been much by way of fundamental news for the markets to trade last week. As a result, corn, soybeans and wheat traded in their respective ranges. ...
GeoGrain: Grain Basis Slips Due to River Flooding
US - Cash grain markets felt pressure last week from river flooding and the inverse carry in the futures market. ...
Wyckoff's Weekly Forecast: May 10 Is Critical Planting Date
ANALYSIS - Prices hit a fresh four-week high as the first major “weather market” of the US planting and growing season has been uncorked. ...
Barley Bred in Alberta is a Win for Prairie Growers
CANADA - The first malt barley bred by Alberta Agriculture and Rural Development is now to be commercially contracted for malt. Canterra Seeds and Canada Malting made the announcement that Alberta-bred...
26 April 2013
P80 Million Granted to Support to Polillo Farmers, Fishermen
PHILIPPINES - The Department of Agriculture is allotting an initial P80 million for various agricultural and fishery projects to further increase the productivity and incomes of small farmers...
24 April 2013
Grains: Where are the Stops? Wednesday, April 24
US - Below are today’s likely price locations of buy and sell stop orders for the active corn, soybean and soft red winter wheat futures markets. ...
Borrowing Survey Shows Farmer Confidence Remains Strong
GERMANY – Farmer confidence remains strong and has led to a rise in planned investments, according to a survey of economic and agricultural investment barometers....
CAP Budget Cuts Require Rethink of Spending
UK - Common Agricultural Policy (CAP) budget cuts for the next seven years means an urgent rethink of spending is needed, said the National Farmers Union Council, speaking on the future implementation...
23 April 2013
Jim Wyckoff's Tuesday Market Update: Grains Close Lower
US - July corn futures closed down 8 1/4 cents at $6.15 3/4 Tuesday, writes Jim Wyckoff for TheCropSite. ...
22 April 2013
Jim Wyckoff's Morning Report: Gold Prices Begin to Lift
GLOBAL - Strong demand has surfaced for physical gold (bars, coins, jewelry) in the wake of this month’s collapse in prices....
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