World Agrinews

21.01.2010 02:31

Soybean-based biodiesel production in the U.S. has come to a halt after Congress allowed a $1-per-gallon government tax incentive for the industry to expire on Dec.31, National Biodiesel Board spokesman Michael Frohlich said Tuesday.

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21.01.2010 00:15

Wheat prices fell to a three-month low on signs of slack demand for grain from the U.S., the world’s biggest shipper, and rising global inventories.

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21.01.2010 00:12

White sugar climbed to the highest price in at least two decades in London on speculation that India, Pakistan and other importers will purchase more of the sweetener as a supply deficit looms.

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20.01.2010 18:28

The European Commission has approved 13 programmes in 11 Member States to promote milk and milk products in the European Union. The total budget of the programmes, running for a period of three years, is € 35.8 million of which the EU contributes € 17.9 million. This was one of a set of measures proposed by the Commission in July 2009 to address the difficult market situation faced by the dairy sector (see IP/09/1172 ). The Commission committed itself to adopt an additional round of dairy product promotion programmes on the internal market.

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19.01.2010 00:13

White sugar rose for the first time in three days in London on speculation buyers will seek to add to stockpiles because of expectations for a supply shortfall.

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17.01.2010 20:58

Wheat fell, marking the biggest weekly loss in 13 months, on concern that increased global production will boost inventories and curb demand for exports from the U.S., the world’s biggest shipper.

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15.01.2010 09:21

Wheat fell as government reports showed demand remains low for exports while inventories are rising in the U.S., the world’s biggest shipper of the grain.

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13.01.2010 20:37

France’s wheat stocks at the end of the current season will be higher than previously forecast on falling exports and as livestock breeders switch to cheaper barley to feed their animals, crops office FranceAgriMer said.

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13.01.2010 13:32

For the first time, in 2009, Kazakhstan supplied 2.2 mln tonnes of flour on foreign markets, which totaled over 3.1 mln tonnes in grain equivalent. The country takes the first place in the world rate of flour exporters for the third time, declared the press-cutting service of the Ministry of Agriculture of the Republic of Kazakhstan.

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05.01.2010 17:28

Soybean farmers in Brazil, the world’s biggest producer after the U.S., may harvest about 5 percent more than previously forecast in the current season as rain boosts yields, a government official said.