Paris/Singapore | Reuters –– Chicago wheat futures rose on Monday, snapping a two-session fall, as dry weather in some U.S. and European wheat belts stirred concern in a market that […] Read more
U.S. grains: Wheat rises on dry weather worries
U.S. grains: Wheat rises for a second day on short-covering
Singapore/Paris | Reuters, 7:01 a.m. CT –– Chicago wheat futures prices rose for a second session on Friday with short-covering ahead of the Labour Day holiday weekend supporting prices, although […] Read more
China’s farmers switch to soy amid corn market reform
Reuters — Wang Zhonghai, a 49-year-old farmer in China’s top corn producing province of Heilongjiang, plans to switch 80 per cent of his land to cultivate soybeans this year as […] Read more
El Nino has emerged, Asia braces for crop damage
Singapore | Reuters –– In 2009, the El Nino brought the worst drought in four decades to India. It razed wheat fields in Australia and damaged crops across Asia. Food […] Read more
China expected to boost imports of protein-rich wheat
Beijing/Singapore | Reuters — Chinese wheat buyers are likely to step up imports of higher quality grains to meet a domestic shortfall even though total overseas purchases are forecast to […] Read more
Asia’s mills eye Canada’s wheat as Australian supply slows
Singapore | Reuters — Asian flour millers are looking at buying Canadian spring wheat for shipment early next year as supplies from drought-hit Australia are likely to remain slow, traders […] Read more
Australian farmers hold back wheat sales as dryness curbs yields
Reuters — Australian farmers are holding back wheat crop sales as dryness in parts of the country’s eastern grain belt cuts yields, raising the likelihood for a boost to global […] Read more
China’s Cofco to pay $1.5B for stake in Noble agribusiness
Singapore/Hong Kong | Reuters — Cofco Corp. has agreed to pay US$1.5 billion for a majority stake in Noble Group’s agribusiness, its second acquisition in less than two months, as […] Read more
Frost, rains hit Australia’s wheat crop, drag on quality
Unseasonal rains in Western Australia and frost on the country’s east coast have hit wheat crops in the world’s No. 2 exporter of the grain, dragging down quality and reducing […] Read more
Dryness threatens Australia wheat supply as seeding kicks off
A lack of soil moisture in Australia’s eastern grain belt could hit wheat production in the world’s second largest exporter as farmers start seeding the 2013-14 crop. Concerns over Australia’s […] Read more