Tuesday, November 30, 2010

Agriculture booms while oil traders suffer: Trading houses


Trading houses: Agriculture booms while oil traders sufferBy Javier Blas

To an outsider, the commodities market has just had a great year: higher prices for most raw materials, relatively low volatility and falling inventories. >>> More

India Likely To Allow More Sugar Exports If Output Over 24.5M Tons

Published on November 30, 2010 by admin   ·   No Comments Another sugar crisis in offing as rates hit Rs 100 per kg
India is likely to allow more sugar exports if its output exceeds the government’s estimate of 24.5 million metric tons in the current marketing year, a senior food ministry official said.>>>> More

NA body asks minister to resolve PARC chairman issue with PM

Published on November 30, 2010 by admin   ·   No Comments NA body asks minister to resolve PARC chairman issue with PM 
By Ijaz Kakakhel
ISLAMABAD: Like its previous three meetings regarding seeking the status of PARC incumbent chairman Dr Zafar Altaf, whose tenure expired on August 11 this year — the NA committee on Food and Agriculture has once again asked the Federal Minister for Food and Agriculture to take up the said issue with the Prime Minister (PM).>>>> More

Monday, November 29, 2010

Agriculture income exempted but inputs taxed: RGST


Agriculture income exempted but inputs taxed

IT is to some extent true that RGST is not a new tax rather a reformed form of General Sales Tax, which had already been in place for the last 20 years and the government is only trying to reform and extend its scope, but the positive aspect of these reforms still go wasted, as agri income will not come under tax net despite the claim of the government that all sectors, which were previously exempted from the GST, will now be included in the tax network.>>>> More

Saturday, November 27, 2010

Cotton Has Biggest Weekly Drop Since 2009 on China’s `Tough Love’ Policy

Published on November 27, 2010 by admin   ·   No Comments China Curbs Speculation in Agriculture Futures as Prices Surge to Records
Cotton futures tumbled in New York, capping the biggest weekly drop since February 2009, as China broadened efforts to curb speculative trading in farm products and cool inflation. Orange juice also fell. >>>> more

Tuesday, November 16, 2010

Nine PhD scholarships within agriculture, innovation and development

Published on November 15, 2010 by admin   ·   No Comments PhD scholarships within agriculture, innovation and development
Agricultural Transformation by Innovation (AgTraIn) is a three-year world-class Joint Doctoral Programme offered by a consortium of six European partner institutions, which all have significant experience in research-based agricultural development.>>>>

Commodities Retreat On Worries Of China Rate Hike

Published on November 15, 2010 by admin   ·   No Comments Commodities Retreat On Worries Of China Rate Hike
Commodities tumbled across the board, part of a wider market selloff as worries grow that China will take additional actions to slow its surging economy.
Data from China released Thursday showed inflation rising faster than anticipated, which could force China’s central bank to raise interest rates or take other steps to slow growth. Grains and metals had risen on the report Thursday but they backtracked Friday along with crude oil and equities markets. Cotton and sugar, which fell from multi-year highs earlier this week, saw additional declines.>>>

Bullish onion and red chilli markets


Bullish onion and red chilli markets
WHILE Sindh’s new crops of onion and red chilli have started arriving in local markets, their prices are not coming down.
The prices of vegetables including onions shot up after the floods, which damaged tens of thousands of acres under onion crop in the province. Meanwhile, red chilli crop also suffered huge loss in lower Sindh due to recent winter rains and shortage of water at the time of sowing. >>>>>>

Friday, November 12, 2010

World’s first robot milker unveiled


World's first robot milker unveiled

THE world’s first robotic rotary dairy which maximises milk production while minimising labour is to be unveiled in NSW.
The prototype is being hailed as revolutionising Australia’s dairy industry, with the potential to significantly increase productivity and change the lifestyle of farmers.>>>>> More

Shareholder demands to shape modern agriculture

Shareholder demands to shape modern agriculture

By Laura MacInnis
(Reuters) – Increasing investor demand for agricultural land and the funneling of big money into farms is raising questions about whether small, family-sized operations can survive. >>>> More

Gold, Agriculture Are `Safest Long Positions


China Curbs Speculation in Agriculture Futures as Prices Surge to Records
Precious metals and agricultural commodities may extend gains in the coming months as tight supplies and a declining dollar boost demand, according to Deutsche Bank AG. >>>>>> More

UN Concludes Workshop to Strengthen ICTD Education in the Asia-Pacific


UN Concludes Workshop to Strengthen ICTD Education in the Asia-Pacific 
UN Information Communication Technology Hub for Asia-Pacific looks to strengthen coverage of Information and Communication Technology for Development (ICTD) in Higher-Learning Institutions
Incheon, Republic of Korea (UN ESCAP Information Services) – Over seventy governments and higher-learning institution participants from the Asia-Pacific region concluded a curriculum enhancement workshop organized by the United Nations Information Communications Technology (ICT) capacity development hub. >>>>> More

Thursday, November 11, 2010

USDA estimates to push up global cotton prices


USDA estimates to push up global cotton prices
By Seshadri Ramkumar
The United States Department of Agriculture (USDA) on Tuesday, November 9th projected lower global cotton production, consumption and ending stocks for 2010/11. The supply constraint was greeted by the market with a 500 point upward rally in the New York ICE Futures for December shipment. The New York ICE Futures settled at $1.512/pound with an increase of 5 cents since last settlement. >>>>> More

GRAINS-U.S. wheat drops on dollar, weather outlook


Commodity Technicals
* Wheat falls to near one-week low on dollar, weather
* Soy down 0.4 pct, falls from 26-month peak
* Corn extends losses, down 0.7 pct to a two-week low
* EU wheat weaker, follows U.S. down
(Adds European session, updates prices, dateline pvs SINGAPORE)
By Michael Hogan
HAMBURG, Nov 10 (Reuters) – Chicago wheat futures slid almost one percent on Wednesday to a near one-week low as a firmer tone for the dollar and an outlook for rains in U.S. winter crop areas weighed on the market. >>>>> More

Wall Street bets on commodities trader


Grain Storage

By Gregory Meyer in New York
George Soros and other Wall Street investors are backing a US commodity merchant that is clawing its way into the ranks of the industry’s top trading houses. >>>>>> More

Commodities Soar As Surging Demand Meets Dwindling Supplies


Prices Inching Towards 2008 Highs

A broad array of commodities hit multiyear highs as producers of metals and agricultural goods are finding it increasingly more difficult to meet robust demand. >>>>> More

Soft Commodity Technicals by Reuters

Published on November 10, 2010 by admin   ·   No Comments Commodity Technicals 

WHEAT
SINGAPORE, Nov 10 (Reuters) – The CBOT wheat December contract is expected to retrace further to $6.90 per bushel as the sharp drop on Tuesday is likely to continue. >>>>>> More

Agricultural Futures Climb On USDA Report, Led By Soybeans, Cotton


Agricultural Futures Climb On USDA Report, Led By Soybeans, Cotton
U.S. soybean futures surged to a 26-month high Tuesday as federal forecasters cut estimates for this year’s harvest in a crop report that showed tightening supplies across agricultural commodities. >>>>>>> More

Wednesday, November 10, 2010

Gold hits record in rush to commodities

Gold hits record in rush to commodities

SOFTS HIT HIGHS
Raw sugar futures on ICE set a 30-year high on Tuesday while arabica coffee climbed to a 13-year peak. The sugar market has surged in recent months, with prices more than doubling since May, as expectations for a rise in output failed to materialize due to bad weather, sparking concern over low stocks.
March raw sugar futures on ICE rose to a peak of 32.68 cents a lb, a 30-year high for the benchmark front month, before easing back to 32.63 cents. >>>>>> More

Agriculture, farmland attracting “impact investors”


Agriculture, farmland attracting
* Impact investing standards developed
* Africa a key area of investment interest
By Carey Gillam
BOSTON, Nov 8 (Reuters) – Investors eyeing  agriculture in Africa, Latin America and other global markets are increasingly merging their pursuit of profits with a philanthropic zeal that promoters say will pay benefits over the long term. >>>> More

Pro Farmer’s After the Close 11/8/10


CME Market Research
Soybean futures favored a weaker tone today as traders evened positions ahead of tomorrow morning’s USDA reports. Soybeans closed 7 to 9 cents lower, with meal and soyoil seeing spillover support. Strength in the dollar also supplied pressure to the market, but gold posted a new all-time high today, giving the outside markets a mixed influence today. >>>>> More

Director Market Research-Financial Services

Director Market Research-Financial Services
Chicago, IL (United States) – Permanent
Description
Overview:
The CME Market Research team provides insights into a variety of enterprise issues through a combination of large scale studies, utilizing research partnerships and analyzing internal customer intelligence. Market Research needs to become more integrated with strategic decision making across the organization. To accomplish this, we need a Director of Market Research to be fully dedicated and immersed in the business.
>>>>>>>>>>>>>>>>> More

Monday, November 8, 2010

Scenes from the Obama Visit: Agricultural Exposition

Scenes from the Obama Visit: Agricultural Exposition

Jonathan Weisman, The Wall Street Journal’s White House reporter, is traveling with U.S. President Barack Obama and First Lady Michelle Obama during their three-day India visit. Here is his reporting from Mr. Obama’s visit on agricultural innovations in Mumbai. >>>>>> More

Suddenly, Corn Costs More. Why Not Corn Flakes?

Suddenly, Corn Costs More 
The price paid to farmers for a bushel of corn averaged $4.78 in October, up from $3.61 in the same month last year.
For months, prices paid to farmers for corn, wheat and soybeans have been shooting up. But so far, grocery prices have held steady for consumers. >>>>>>>>>> More

Soft Commodity Technicals by Reuters

Commodity Future Trade 
WHEAT
SINGAPORE, Nov 8 (Reuters) – A bullish target at $7.61-¼    for the CBOT wheat December contract has been established, as an upward wave “c” is progressing.  >>>>>>>>>>>> More

Increase in DAP prices

Increase in DAP prices

WITH the advent of the wheat sowing season, di-ammonium phosphate price has started rising. Over the last two weeks, its price jumped by around Rs700 per bag from Rs2,500 to Rs3,200.

Growers may have to take an estimated hit of Rs14 billion for 20 million bags on the DAP head alone.
Coupled with this burden is a steep rise of Rs5 per litres in diesel price. Diesel is used during November when wheat sowing starts. According to farmer bodies’ estimates, the consumption is around two billion litres.>>>>>> More

Friday, November 5, 2010

Wheat Advances as Dry Weather Threatens


Higher wheat target set despite floods 

Wheat Advances as Dry Weather Threatens U.S. Crop Development
Nov. 3 (Bloomberg) — Wheat futures advanced as dry weather in the growing regions of the U.S. threatened crop development in the world’s largest exporter. more >>>>>>>>>>>

Need to examine causes of mango death syndrome highlighted


causes of mango death syndrome

Pakistan, Oman, Brazil and South Africa are facing similar problem of severe crop losses due to mango sudden death syndrome disease which needs collective and constant efforts to examine and identify the genetically resistant germplasm as in Pakistan it is grown on an area of 164,000 hectare with a production of 1.80 million tones.   more >>>>>>>

Asia Grain Outlook: Prices Inching Towards 2008 Highs


Prices Inching Towards 2008 Highs

SINGAPORE (Dow Jones)–Food prices are gradually moving towards record highs of 2008 due to tight supply, weather concerns in major exporting countries, strong demand in China and a continuing ban in India on wheat and non-basmati rice exports.  more >>>>>>>>>>>

Agriculture becomes the next big thing


Agriculture becomes the next big thing
What might Canada’s next great growth industry be? Smart phones, oil sands technology, aerospace, alternative energy, nuclear power, biotech? Each of those industries has a “been there, done that” feel about them, even if a couple of them could keep thriving for years to come. Agriculture is the one industry you might not even consider putting on the list. more >>>>>>>>>>>>