News

25.02.2010 01:48

Sugar Climbs Most in Two Weeks in N.Y. on Demand Speculation

25.02.2010 01:48

Sugar futures rose the most in almost two weeks on speculation that importers will follow Pakistan in boosting purchases, tightening global supplies.

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25.02.2010 01:45

World Agrinews

Corn, Soybean Futures Rise as U.S. Midwest Farmers Slow Sales

25.02.2010 01:45

Corn and soybeans rose on signs that a drop in prices discouraged U.S. farmers from selling record crops harvested late last year, tightening available supplies for exporters and processors.

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1911 reads

25.02.2010 01:42

World Agrinews

Wheat Futures Rise as Weaker Dollar Boosts Commodities Appeal

25.02.2010 01:42

Wheat futures rose for the third time in four sessions as the dollar’s retreat increased the allure of U.S. commodities.

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25.02.2010 01:36

World Agrinews

Hogs Rise as U.S. Wholesale Pork Extends Rally; Cattle Drop

25.02.2010 01:36

Hog futures rose for the second time in three days as U.S. pork prices extended a rally, renewing concern that meat supplies are shrinking. Cattle fell.

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1748 reads

23.02.2010 15:47

World Agrinews

Corn, Soybeans Rise on Signs of Higher Fuel Demand; Wheat Gains

23.02.2010 15:47

Corn prices jumped to a five-week high and soybeans rose as gasoline costs climbed, enhancing the appeal of fuels refined from grain and oilseeds. Wheat rebounded as speculators unwound bets that futures will fall.

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23.02.2010 11:01

World Agrinews

Mexico Eyes Lower Sugar Forecast of 4.5 Million Tons

23.02.2010 11:01

Mexico, the sixth-largest producer of sugar in the world, lowered its forecast for production of the sweetener to 4.5 million metric tons because of heavy rain during the harvest, said Agriculture Minister Francisco Mayorga.

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1629 reads

22.02.2010 12:46

World Agrinews

Brazilian producers of ethanol agree to merge

22.02.2010 12:46

Two Brazilian sugar and ethanol producers yesterday agreed to merge to create what they hope will be the country's biggest biofuels company. The agreement, to create a group with total investments of R$7.3bn ($4bn) by 2012, follows a $12bn deal this month between Royal Dutch Shell and Cosan of Brazil.

It provides further evidence of the appeal of Brazil's ethanol market and of confidence that foreign markets for Brazilian ethanol will open up.

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1950 reads

22.02.2010 12:43

World Agrinews

Big Ethanol Producer in Brazil to Buy a Rival

22.02.2010 12:43

ETH Bioenergy, a large ethanol producer in Brazil, announced Thursday that it was acquiring its debt-laden rival Brenco for an undisclosed price. The move follows similar joint ventures and mergers announced in the ethanol industry over the last few months as companies pair up to share the high capital costs needed to meet ambitious expansion goals.

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1997 reads

19.02.2010 11:02

World Agrinews

Industry pitches for decontrolling sugar

19.02.2010 11:02

As the country prepares for a better sugarcane harvest next season, increasing possibility of more sugar production, industry and experts have demanded de- controlling the sector --one of the few sectors un- touched by liberalisation.

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1790 reads

19.02.2010 10:18

World Agrinews

Lower crop production forecast in parts of Australia

19.02.2010 10:18

Rain in January and February in Queensland and northern New South Wales has improved the yield potential for summer crops, but overall area planted and production is forecast to be lower than last season, commented Paul Morris, ABARE’s deputy executive director on releasing the latest Australian crop report.