Saturday , 16 December 2017

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Pulse prices tumble, under weight of soaring EU, Russian output

Pulse prices tumble, under weight of soaring EU, Russian output

It isn’t just in the wheat market that Russia is making itself unpopular with other exporting countries, after producing a bumper harvest – and pricing it competitively onto the world market. In pulse ...

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Gasc’s Romania purchase offers false dawn over kicking Russia habit

Gasc’s Romania purchase offers false dawn over kicking Russia habit

The latest tender by Gasc offers a false dawn to hopes that the Egyptian grain authority may be broadening its origins for wheat purchases. Sure, the order of 295,000 tonnes of wheat did include 60,00 ...

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Malaysia’s palm oil stocks up 16% in November

Malaysia’s palm oil stocks up 16% in November

Malaysia's palm oil stockpile in November this year grew 16% to 2.56 million tonnes from 2.2 million tonnes in October, data from the Malaysian Palm Oil Board (MPOB) showed. As for crude palm oil (CPO ...

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Abares lifts hopes for sugar futures, but cuts its cotton price forecast

Abares lifts hopes for sugar futures, but cuts its cotton price forecast

Abares raised its forecast for sugar prices – ditching expectations of them setting a 10-year low – but downgraded hopes for cotton values, citing improved expectations for world output. The official ...

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Hedge funds turn net bullish on ags – ahead of price drop to historic low

Hedge funds turn net bullish on ags – ahead of price drop to historic low

Hedge funds may wish they had had more courage in betting on agricultural commodity price falls. Managed money, a proxy for speculators, in the week to last Tuesday turned net long in futures and opti ...

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More bad news for wheat markets comes out of Canada

More bad news for wheat markets comes out of Canada

Wheat The wheat market received more bad news with the release of Canada's Production of Principle Field Crops report on Dec. 6. Wheat production was estimated at 30 million metric tons. This was 2 mi ...

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Wheat faces biggest weekly loss in 4 months as abundant supplies weigh

Wheat faces biggest weekly loss in 4 months as abundant supplies weigh

Chicago wheat futures ticked higher on Friday as the market took a breather after falling for the last four sessions with prices on track for the biggest weekly decline in four months on pressure from ...

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How global trends will affect local agriculture

How global trends will affect local agriculture

The Fourth Industrial Revolution [the current trend of automation and data exchange in manufacturing technologies] was having a marked impact on precision farming practices, and would also affect the ...

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American Robotics Unveils Fully Autonomous Drone System for Precision Farming

American Robotics Unveils Fully Autonomous Drone System for Precision Farming

American Robotics, an industrial drone developer specializing in agricultural automation, today unveiled its flagship product ScoutTM. It is a self-charging, self-managing drone system capable of auto ...

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In Estonia Parliament wants to prohibit grow GMO

In Estonia Parliament wants to prohibit grow GMO

In the Estonian Parliament has proposed legislation to prohibit the cultivation in the country genetically modified crops "Today, the Ministry of environment has not issued any permits for the introdu ...

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