Rapeseed prices may dip, amid UK harvest ‘bonanza’

images1.jpg

Rapeseed prices may – for now – done enough to make up for the weak Ukrainian harvest prospects which has underpinned prices despite bumper harvests in France and, in particular, the UK. Traders reported growing signs of a tail-off in the buying spree which helped rapeseed prices nearly to E500 a tonne on the Paris…


Green Fields: Iowa farmers outproduce China, Canada in grain

zz.jpg

If Iowa wants to think of itself as an agricultural superpower, it can go right ahead, based on a study by the Earth Policy Institute showing that Iowa farmers produced more grain, in tonnage, than either Canada or China, despite fewer acres. In 2010, Iowa produced 55 million tons of grain, mostly corn, on about…


Cash corn still rising as supply tightens

541266_1.jpg

For the past three weeks, grain buyers have been aggressively bidding cash corn trying to wrest what old crop farmers still have stored in bins or at elevators. In a typical marketing year, the local corn supply gets tight. But 2011 is anything from typical. Across central Iowa, elevators have been bidding well over Chicago…


U.S. weekly Grain Market in Review for July 29, 2011

tixung10.png

Compared to last week, wheat and corn closed with slight to modest gains this week, as soybeans closed lower. This past weekend saw heavy rains across Iowa and Northern Illinois while areas south and in the Central Corn belt recorded very little if any rain. There is support from the high temperatures for the month…


U.S. grain and soy review: Renewed weather concerns boost corn

images6.jpg

U.S. grain futures surged Friday on renewed concerns about intense heat threatening the corn crop. Corn for December delivery, the most actively traded contract, ended up 12 1/2 cents, or 1.9%, at $6.85 1/2 a bushel at the Chicago Board of Trade. Soft red winter wheat for September delivery climbed 15 cents, or 2.2%, to…


Incomplete grain passports cause delivery chaos

images2.jpg

Incorrectly completed grain passports are leading to delays and even rejections of loads arriving at mills, ports and stores. This harvest, there have already been several reports of hauliers turning up at mills with loads only to be turned away because of incomplete forms. "The hauliers get frustrated because their lorries are not turning round…


Weather isn’t the only decider for corn prices

tixung7.png

Has corn’s rally run out of steam? The grain’s upswing on forecasts for hot weather, an uptick which brought Chicago’s best-traded December contract 7.5% gains last week, has certainly slowed. On Wednesday, the lot fell for the second time in three sessions. It could be that the contract has peaked for now, and could even…


Russia boosts further grain traders’ rosy outlook

tixung5.png

Russia lifted its forecast for grain shipments, heralding an even brighter outlook for merchants reaping hefty margins from the differing fortunes of export and domestic prices. Yelena Skrynnik, Russia’s agriculture minister, lifted by 1m tonnes to 18m tonnes her forecast for the country’s grains shipments in 2011-12, following improved hopes for the harvest. The forecast…


Government taking initiatives to increase grain storage facilities: Thomas

tixung7.png

New Delhi, July 22 : Food Minister K. V. Thomas said on Friday that the government is working towards opening up more grain storage facilities in various parts of the country. While presiding over a conference of the newly formed State Advisory Committees for the purpose of food grain storage, Thomas said that more grain…


Grain giant steps up: Bunge could expand further in Altona post-CWB

3298752.jpg

Bunge Ltd. is spending more than $100 million on a new canola-seed-crushing plant in Altona and may spend countless millions more on other facilities as it carves a place for itself in a post-Canadian Wheat Board world. Soren Schroeder, the head of the global grain giant’s North American operations, said in an interview Thursday Bunge…


Page 6 of 6« First...23456