World Agrinews

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.

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.

White sugar rose for a fifth day in London to the highest level in at least two decades on speculation a global supply shortfall will buoy demand and sustain prices.

On December 30, 2009, the National commodity exchange (Russia) provided the regular exchange auction within the bounds of the state purchasing interventions on the market of grains. The government purchased 125.685 thsd tonnes of grains at the general sum of 446.56 mln RUR, declared the media department of CJSC National commodity exchange.