News
15.01.2016 15:38
USDA releases bullish corn, soybean data
15.01.2016 15:38
The U.S. 2015 corn and soybean crop sizes did not increase as much as the trade expected, and the amount of those crops being stored did not build as much either, according to the USDA Tuesday.As a result, the CME Group’s corn, soybean, and wheat markets have spiked higher. At the close, the March corn futures settled 5 cents higher at $3.56 3/4. March soybean futures closed 13 1/4 cents higher at $8.74.
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23.12.2015 16:52
Wheat market sees more price action
23.12.2015 16:52
Wheat saw a pick-up in price action last week, with another drop to test major supports that quickly reversed back up - then followed by a strong day that then saw prices erode back to unchanged. Plenty of action but not much direction. World wheat prices continue to erode, with prices slogging down to the summer’s lows.
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22.12.2015 13:38
World Trade Organization strikes 'historic' farming subsidy deal
22.12.2015 13:38
Developed countries agreed to stop the subsidies immediately and developing nations must follow by the end of 2018. The WTO, which represents 162 countries, called it "the most significant outcome on agriculture" since the body's foundation in 1995. But longstanding talks on other trade barriers were left unresolved at the end of the summit in Kenya.
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22.12.2015 10:30
Soybeans finish week strong thanks to brazil's dryness
22.12.2015 10:30
Beans ended a wild week of trading on a positive note as dryness issues in Brazil and follow through buying from yesterday’s reversal propelled the market higher. The center/north areas in Brazil, Mato Grosso and Goias, have seen drier than normal conditions since planting but the news wires were talking it up in a big way this week. These two states account for 42% of Brazil's soybean production.
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15.12.2015 10:54
USA corn crop second largest ever in 2016
15.12.2015 10:54
U.S. farmers will harvest 13.9 billion bushels of corn, the second-largest crop ever, and 3.785 billion bushels of soybeans next year, USDA said in its first projections of the new crop. The new crops would follow three years of bumper crops since the searing 2012 drought.
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11.12.2015 14:21
Can the world produce enough food for 2 bln more people?
11.12.2015 14:21
With the world population rising, demographers are grappling with one of the most pressing issues of the century - will there be enough food for an extra two to four billion people?
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09.12.2015 13:07
Food prices fall in November amid robust global inventories
09.12.2015 13:07
Major food commodity prices fell in November, reversing about half their rise in the previous month, as the cost of internationally-traded staples, except for sugar, fell across the board.The FAO Food Price Index averaged 156.7 points in November, down 1.6 percent from its revised October average, and 18 percent below its value a year earlier.
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08.12.2015 17:18
Wheat market sees choppy price action
08.12.2015 17:18
Volume is down and volatility is up. All three wheat markets pushed into new lows last week, but Chicago was the only one that managed to get back into its range late in the week after the dollar was sharply lower. KC and Minn. bumped back into the range but couldn’t hold. After a couple of weeks with Chicago losing to KC and Minn., it appears to be reasserting it strength against those two markets.
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21.10.2015 12:35
Louis Dreyfus Commodities Acquires 5-Hectare Land Plot in Odessa
21.10.2015 12:35
Louis Dreyfus Commodities announced today the acquisition of a 5-hectare land plot in Odessa from LLC EuroTerminal,through its wholly owned subsidiary Louis Dreyfus Commodities Ukraine. The land plot is strategically located near the multi-commodity terminal through which LLC Brooklyn-Kiev and Louis Dreyfus Commoditiesoperate in Odessa.
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21.09.2015 10:20
The ambitious Allseeds Black Sea: Going forward!
21.09.2015 10:20
The Allseeds Black Sea flag says – Going forward! The company team explain this motto as being in advance, not giving up and staying strong in the pursuit of your goals! And much is achieved since the company "reincarnated" in 2010.
The evidence of this is a grand opening of an oil-extracting plant on July 16, 2015 in Yuzhny port, Odessa - a modern enterprise designed and provided with an up-to-date equipment and built in just 18 months-involving Alexei Pavlenko, Minister of agrarian policy and Mikheil Saakashvili, Governer of Odessa region.
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