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18 ianuarie - 12:16 am
Summary of the hearing of Dacian Ciolos – Agriculture and rural development
The future of the Common Agricultural Policy after 2013 and its budgetary aspects, the use of direct payments, the volatility of prices in the food markets and ongoing international negotiations were among the topics raised by MEPs during the hearing of the Romanian Commissioner-designate for agriculture and rural development, Dacian Ciolos. (mai mult…)
15 ianuarie - 2:26 pm
Dacian Ciolos: My top priority is to redefine CAP after 2013
The European Commissioner for Agriculture and Rural Development Romanian MEP Dacian Ciolos on Friday said in Brussels before the experts’ commission of the European Parliament (AGRI) that his main priority was to redefine the Common Agricultural Policy (CAP), after 2013. Ciolos appreciated that the future common agricultural policy must be robust and balanced, with the rural development policy needing to highlight the diversity. AGERPRES
14 ianuarie - 12:53 am
Opinion: few winners from wheat-sowing slump
The gap isn’t quite a century. But it still sounds historic – the lowest US winter wheat plantings since 1913, the year that stainless steel was invented and the first crossword published. (mai mult…)
14 ianuarie - 12:50 am
Oil World sees slowdown from UkrAgroConsult-BlackSeaGrain
Soybean prices declined sharply Tuesday after the release of the January Crop report giving final production numbers for 2009. The USDA lowered harvested soybean acres by 212,000 but a sharp increase in yield more than offset the lower acres. (mai mult…)
14 ianuarie - 12:49 am
Corn Falls to Two-Month Low as Record Harvest Adds to Stocks
Corn futures fell to the lowest in more than two months in Chicago and soybeans extended their decline to the longest in almost a year as record U.S. crops added to stockpiles.
World stocks of corn, soybeans, rice and wheat will rise 8.3 percent to 482.3 million metric tons this year, according to the U.S. Department of Agriculture. Farmers around the world lifted production in response to record prices in 2008, and the U.S. corn and soybean harvests were all-time highs last year, the USDA said yesterday.
“There’s certainly still plenty of stocks of corn globally,” said Michael Pitts, director for commodity sales at National Bank of Australia Ltd. in Sydney.
Corn for March delivery fell 4.4 percent to $3.7525 a bushel on the Chicago Board of Trade at 2:14 p.m. Paris time after sliding as low as $3.7275, the lowest level since Nov. 2. March-delivery soybeans slipped 0.3 percent to $9.75 a bushel, down for a sixth day and the longest losing streak for the most- active oilseed contract since February 2009.
Record corn and soybean crops in the U.S., the world’s largest grower and exporter, may extend a slump in prices this month to more than 20 percent before the next harvest in September, said Roy Huckabay, executive vice president at Linn Group, a Chicago-based commodity broker and researcher.
Corn futures for December delivery may drop 28 percent to $3 a bushel by September from $4.175 yesterday, Huckabay said. Soybeans for November delivery may decline 22 percent to as low as $7.50 a bushel from $9.65 yesterday, he said.
“The fundamental story has changed dramatically, and that means a long-term bear market in prices,” Huckabay said.
Wheat for March delivery fell 1.1 cents to $5.30 a bushel. Milling wheat for March delivery traded on Liffe in Paris slipped 0.8 percent to 128.50 euros ($187.28) a ton. (Bloomberg)
14 ianuarie - 12:43 am
Romania. Price of wheat not to go up in next three months – Rompan
President of the Rompan Romanian Employers’ Association in Milling and Bread Making Industry in Romania Aurel Popescu said on Friday, at the end of the talks with Minister of Agriculture Mihail Dumitru that it was out of the question to change the costs of wheat in the first quarter of 2010. (mai mult…)
14 ianuarie - 12:42 am
Ukraine slightly ups barley export
In December, Ukraine exported 382,100 tons of barley against 354,300 tons in November, the Ukragroconsulting analytical center informs. In total, since the season start, export made up 3.825 million tons.
14 ianuarie - 12:40 am
Wheat export 10% up in December in Ukraine
According to data of the Ukragroconsulting analytical center, wheat export grew by 10% in December. In December, Ukraine exported 1.057 million tons of wheat against 949,400 tons in November. Since the start of the season, export of this product made up 6.878 million tons.
13 ianuarie - 2:51 am
Easing farm gloom to help Syngenta, says UBS
UBS analysts have raised their target on Syngenta stock to SFr320, and made it one of their “key calls”, citing the prospect of a share buyback and dissipating gloom over Europe’s wheat sector. (mai mult…)
13 ianuarie - 2:23 am
Corn price slumps after US forecasts record crop
Washington has surprised traders by raising its estimate for America’s corn production to a record 13.2m bushels (334.1m tonnes), despite the lengthy delays to harvesting which have left a chunk of the crop in the field. The data sent corn limit down in Chicago. (mai mult…)
13 ianuarie - 2:22 am
Cash curbs and winterkill hit Ukraine grain hopes
Ukraine’s grain output will fall this year despite a rise in plantings as rates of winterkill near-double and tight finances dent farm spending on sprays, UkrAgroConsult has said. (mai mult…)
13 ianuarie - 2:21 am
Egypt seeks Uganda land to boost wheat supplies
Cairo is poised to send a delegation to Uganda to identify farmland for growing wheat in Egypt’s latest move to shore-up supplies of the grain, of which it is the world’s biggest importer. The move comes amid a controversial grab for farmland by many importing nations, with popular protest crushing plans by South Korea’s Daewoo Logisitics last year to corral some 1.3 hectares of Madagascar. (mai mult…)
13 ianuarie - 12:16 am
Milea: Chemical fertilizer plants don’t have enough to help them function at maximum capacity
Fertilizer industry is facing a new issue in the beginning of the year, – lack of domestically produced gas needed for fertilizer production, producers say. “Chemical fertilizer plants don”t have enough to help them function at maximum capacity”, said Marian Milea, the president of the national professional association Nitrofosfor. (mai mult…)
12 ianuarie - 3:50 am
Cargo transshipment at SCPI of Ukraine fell 13,8% – to 16.3 million tons last year
Cargo transshipment at the state-run Illichevsk Commercial Seaport “(SCPI, Odessa region, Ukraine) decreased over 12 months, 2009 by 13,8% compared with 2008 – to 16.286 million tones. According to port authorities, cargo handling for December amounted to 1 million 198 thousand tons, while in comparison with the previous year, turnover of SCPI for December of this year decreased by 7.
12 ianuarie - 3:48 am
Corn Rises, Caps Third Weekly Gain on Concern for Crop Damage
Corn rose, capping a third straight weekly gain, on speculation that snow and rain during the past two months damaged crops in the U.S., the biggest grower and exporter. About 95 percent of the corn crop was harvested as of Dec. (mai mult…)
