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Global Grain & Oilseed Markets: Corn & soy, hurricanes and red herrings
With no additional corn or soy in sight, the market is getting spooked. Should you buy on a market correction or wait a while longer? Does corn or soy have better medium-term fundamentals?
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2012-13 world wheat production forecast down 5% on-year
The International Grains Council's (IGC) forecast of world wheat production for 2012-13 was lowered by three million tonnes to 662 million tonnes from its July projection of 665 million tonnes, and down 34 million tonnes, or 5% from a record 696 million tonnes in 2011-12.
Russia issues tougher restrictions on US meat firms
Russia has issued tougher restrictions on meat supplies from US companies, including Tyson Foods and Triumph Foods.
EU beef and sheep meat imports decline
EU meat imports are expected to decline throughout 2012, with beef down 6% and sheep meat down 34% for the first six months of 2012.
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Southeast Asia's animal feed production up 5-6% annually
Over the next few years, Southeast Asia's animal feed production will continue to grow consistently by at least 5-6% annually, with an expanding aquaculture sector playing a crucial role.
India's shrimp exporters face losses on ethoxyquin detection
The detection of ethoxyquin in the shrimps exported to Japan has badly affected India's export prospects to that country wherein more than 10 consignments of shrimps have already been rejected by Japan in the recent weeks, causing heavy losses to exporters and shrimp farmers.
Thailand's 2012 feed wheat imports may increase five-fold
As it seeks to replace pricey rice in animal rations, Thailand is likely to import 1.5 million tonnes of feed wheat this year, a five-fold increase from 2011.
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China faces higher inflation due to rising pork prices
China is expected to face a higher level of inflation in 2013, due to rising pork prices amid declining domestic supply.
China crushers compelled to accept costly US soy due to declining supply
China's crushers are compelled into receiving costly US soy cargoes, due to fears of declining US soy supplies.
China's pork production rise 116% for first half of 2012
China's fresh and frozen pork imports reach 272,700 tonnes during the first half of 2012, a 116% increase on-year.
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Alnylam, Monsanto collaborate on advanced agricultural technology
A strategic alliance to advance biological technologies in the field of agriculture has been formed between Monsanto Company and Alnylam Pharmaceuticals, Inc.
Cargill to operate broiler production plant in China
US agribusiness firm, Cargill, announces plans to operate one of China's major broiler production plants by the middle of 2013, thus elevating its status in the country.
CP expands agricultural operations in northern Laos
CP Laos Co Ltd plans to increase operations next year in the northern provinces of Bokeo, Luang Prabang and Xayaburi in Laos in its bid to increase business opportunities.
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September 4, 2012: Livestock 2012
September 5, 2012: XXIV International Agroindustrial fair "AGRO-2012".
September 5, 2012: Shanghai International Frozen & Refrigerated Food Exposition 2012
September 6, 2012: XVIIIth International Conference Black Sea Grain and Oilseeds 2012/13
September 6, 2012: Agriculture Investment Summit Europe
For more events, click here