News

India's summer oilseed output to decline - 28.09.2009

India's summer-sown oilseed output is likely to fall by more than 4 percent to 13.1 million tonnes in 2009/10 due to a drop in groundnut production, leading trader and respected analyst Govindbhai Patel said on Friday. Supplies of edible oils from summer-sown oilseeds in 2009/10 are seen at 3.7 million tonnes, marginally down from 3.8 million tonnes in the same period last year, Patel said. China formally begins probe into US chicken parts - 28.09.2009

China on Sunday formally launched an anti-dumping and anti-subsidy investigation into chicken parts imports from the US, two days after US lawmakers agreed to end a gag order that prevented the US from even considering importing Chinese cooked poultry. Ministry of Agriculture of Russia to support Russian grain exports - 25.09.2009

The Ministry of Agriculture of the Russian Federation covers the ground of supporting of Russian grain exports, declared Elena Skrynnik, the Minister of Agriculture of Russia. As a reminder, according to experts, the state support of exports will assist stabilizing of grain prices on the domestic market. China's soyabean imports set to rise - 25.09.2009

China's soyabean imports are set to rise substantially in the next few years, an executive at commodity trader Noble Group said on Thursday. Jaime Teke, global head of structured finance at the firm, which this week agreed an $850 million equity investment from Chinese sovereign wealth fund CIC, said China had little room to increase its own soyabean crop. India heading for worst drought since 1972 - 24.09.2009

The Indian monsoon is about 20 percent below strength just over a week before the end of the rainy reason, putting the country on course for its worst drought since 1972, weather data showed Wednesday. "Until September 21, for the country as a whole, the rain deficiency was 22 percent," said B.K. Bandopadhyay, a spokesman for the weather office. COFCO sees drought cutting China's corn harvest - 18.09.2009

A drought in China's main corn-growing areas may cut this year's harvest by 12 million tonnes, or 7.5 percent, from 160 million tonnes in 2008, a Chinese corn sector executive said on Thursday. "In the coming years, we don't see any need for imports. China is basically balanced in corn supply and demand," Yue Guojun, assistant president of China's largest grain trader and corn processor COFCO, told reporters on the sidelines of a conference. EU barley set for intervention, wheat close - 18.09.2009

Intervention buying will be needed this season to absorb the European Union's hefty surplus of barley, which has already fallen below the bloc's guaranteed minimum price, French analyst Strategie Grains said on Thursday. The analyst raised its estimate for this summer's EU barley crop by 800,000 tonnes to 61.5 million tonnes, contributing to a 1 million tonne increase in its forecast for available supplies this season. Georgia. Wheat harvests are poor, imports will rise - 18.09.2009

Despite optimistic predictions by the government, farmers are reporting a dismal wheat harvest that will almost certainly require a hike in imports. Drought has plagued many regions causing a return at record lows. This flies in the face of government projections that had forecast a 15 percent increase in yield over last year. Moldovan government considers situation in farming sector - 18.09.2009

The situation in the farming sector and the holding of seasonal works was discussed at a 15 September government meeting chaired by acting Prime Minister Vitalie Pirlog, the government's press service has s EU wheat mixed - 17.09.2009

Western European wheat prices were mixed on Tuesday as a sharp rebound in Chicago pushed futures higher while heavy supplies and lacklustre demand kept cash markets weak. The Chicago Board of Trade saw a surge in early US trade, fuelled by short-covering after recent lows and fears that forecast frost for next week in the US Midwest could hurt late-developing spring crops. China forecasts a decrease in soybean imports - 17.09.2009

China National Grain and Oils Information Center (CNGOIC) predicted on Tuesday that the country's soybean imports in October will fall by less than two million tons from the previous month and may make a record monthly low since September of 2007. Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44