Australian wheat export surge ‘slows considerably’

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Is Australia’s golden period of wheat exports losing its lustre? The southern hemisphere’s top exporter of the grain continued its run of increased grain shipments in July, as merchants continued to sell down stocks left over from last year’s record crop. However, at 1.7m tonnes, exports were only 5% higher than a year before, a…


Export apple vote a ‘missed opportunity’

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Nelson pipfruit growers are demanding to know why key exporters did not back a plan to send apples to Australia using rules designed to promote orderly marketing. The results of a postal ballot released yesterday show that while 73 per cent of growers with 72 per cent of the export crop voted to support adopting…


Vietnam likely to export 163,000 tonnes of cashew nuts in 2011

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The Ministry of Agriculture and Rural Development (MARD) has forecast that the country’s exported cashew nut volume will reach 163,000 tonnes in 2011, a total worth USD 1.32 billion. These figures represent a 17.6 percent decrease in volume but a 16 percent increase in value compared to the same period last year. According to MARD,…


Cashew export prices on the up

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The quantity of cashew nuts exported from Viet Nam in the first seven months of this year is reported to have reached 84,000 tonnes with a turnover of US$656 million, according to Nguyen Thai Hoc, chairman of the Viet Nam Cashew Association (Vinacas). However, volume dec-lined 16 per cent but the value was up 14.8…


Foreign firms granted licence to export rice

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Four foreign-invested enterprises have been given a licence to export rice, Industry and Trade Deputy Minister Nguyen Thanh Bien said. The foreign companies joined the list of 44 that met the criteria to export rice under Government Decree 109 on the management of rice exports. Speaking in Ho Chi Minh City, Bien said five more…


Vietnam to export more rice to cash in on surging demand

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HANOI (Commodity Online) : World’s second largest Riceexporter Vietnam said it will export more rice to cash in on the demand boom for the commodity. Vietnam Food Association said country’s rice exports rose 26 percent year-on-year in the first seven months as importers looked for new suppliers in anticipation that Thailand will raise its prices.…


Farm export value falls below targets

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Some key farm export products are struggling to reach targets this year due to a lack of raw materials and disadvantages on the world market, the Ministry of Agriculture and Rural Development has said. The ministry has reduced expectations in export value for seafood, coffee and rubber. Export prices on the world market were expected…


Huge opportunities for India in export of cereals

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MUMBAI (Commodity Online): The huge demand for cereals in the global market has triggered the price raise, creating an excellent environment for the export of Indian cereals. According to a recent report by Rabobank, the average Wheat prices raised nearly 15% from US$ 6.51 per bushel in the third quarter of 2010 to US$ 7.48…


Some key export farming products to fall export value against targets

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Some key farm export products struggled to reach targets this year due to a lack of raw materials and disadvantages on the world market, the Ministry of Agriculture and Rural Development said. The ministry has reduced expectations in export value for seafood, coffee and rubber. Export prices on the world market were expected to fall…


Wool, dairy prices boost NZ export returns

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Strong dairy prices and rocketing wool prices helped lift the terms of trade to a 37-year high in the June quarter. Export volumes are also at their highest levels since 1990 when the statistics series began, but import volumes have been falling. Statistics New Zealand figures show the terms of trade up 2.3 per cent…


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