Soybeans rose to the highest level in more than two weeks on speculation that China will boost imports of U.S. crops after ending the yuan’s linkage to the dollar.
Sugar futures gained the most in almost two weeks on speculation that importers will increase purchases.
UkrAgroConsult Analytical Center has developed and is offering a new tool for forecasting capital markets and assessing the value of agricultural companies – Ukrainian agricultural aggregated index-UAIndex.
Ukraine planted spring grains on 7.48 million hectares, or just over 98% of the planned total area, to June 8, the agriculture ministry reported Thursday.
The U.S. is producing more ethanol than expected and, as a result, the industry is buying up more corn to make the fuel, the U.S. Department of Agriculture said Thursday.
Corn futures are little changed, set for the first weekly gain in three weeks, after the U.S. pared its forecast for the nation’s inventory of the grain to the smallest since 2007 on higher demand from ethanol producers.
The United Nation's incoming chief on climate change cautioned Wednesday it could take until 2050 to build the machinery that will ultimately tame greenhouse gases.
The French government has confirmed its estimate for soft wheat production in 2009-10 at 36.5 million metric tons, data from the Agriculture Ministry's statistics arm show Wednesday.
The China National Grain and Oils Information Center said Wednesday that it expects the country's corn output in 2010 to rise 2.5% to 168 million metric tons on the back of increased planted area.
The U.S. Department of Agriculture is expected to trim its forecast for the 2010-11 U.S. winter wheat crop from last month, with analysts projecting a drop in hard red winter wheat production.