Spring wheat prices shrug off negative pressure

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Although the spring wheat market has fluctuated a little in recent weeks, prices have been able to stabilize somewhat, according to Erica Olson, marketing specialist for the North Dakota Wheat Commission. “For the last week or so spring wheat has been able to shrug off some of the negative market pressure it’s been dealing with,…


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

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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…


Wheat market outlook (conclusion)

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Last wheat I was talking about the wheat market, and the fact that wheat is not wheat, all in preparation for a 20 minute outlook for the wheat market at the AAEA conference in Pittsburgh. I want to finish what I started. Earlier I talked about the distinction between high and low protein, red vs.…


European wheat harvest approaches judgment day

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The wheat market is approaching judgment day over a European harvest which, while set to beat gloomy quantity estimates made during the spring drought, is raising increasing concerns over quality. Fears for the milling credentials of Europe’s production have been felt even in the US, contributing to a reinflation of premiums of harder wheat contracts…


Rice at subsidised price during Ramadan

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Gulf News Abu Dhabi: The Khalifa Humanitarian Foundation (KHF) is subsidising the price of rice across the UAE for Ramadan. “The project is as per directives from President His Highness Shaikh Khalifa Bin Zayed Al Nahyan to help relieve the increasing cost of living and support Emirati families,” Mohammad Al Khoury, director general of KHF,…


Prospects for Vietnam’s agricultural market

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A seminar on prospects for Vietnam’s agricultural market was held in Hanoi on June 17 by the Institute of Policy and Strategy for Agriculture and Rural Development. The seminar attracted international experts from the Food and Agriculture Organisation (FAO), the International Rice Research Institute (IRRI), the International Fund for Agricultural Development (IFAD), the World Bank…


Vietnam fruits find many markets ripe for plucking

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Vietnam’s fruit exports topped $US205.6 million in the first quarter, a 32.2 percent rise from the same period last year, according to the customs. With their variety and improving technologies, Vietnamese fruits are becoming popular in many new markets, sending exports soaring. The Vietnam Fruit Association said the country sold fruits to more than 50…


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