Agriculture News Results

  • Mighty river to muddy trickle: South America's Parana rings climate alarm

    Gustavo Alcides Diaz, an Argentine fisherman and hunter from a river island community, is at home on the water. Now the 40-year-old looks out on a trickle of muddy water. The Parana, South America's second-largest river behind only the Amazon, has retreated this year to its lowest level since its record low in 1944, hit by cyclical droughts and dwindling rainfall upriver in Brazil.

  • Vegetables pricier than pork worry Chinese consumers as costs swell

    Vegetable prices are surging in China after heavy rain swamped crops this month, fuelling concern over food prices at a time when consumers must brace for a hike in energy costs in the run-up to winter. Unusually heavy rains drenched northern swathes of China in September and early this month, flooding the top vegetable-growing province of Shandong.

  • Indian Morning Briefing: Asian Markets Decline

    GLOBAL MARKETS DJIA 35756.88 15.73 0.04% Nasdaq 15235.71 9.01 0.06% S&P 500 4574.79 8.31 0.18% FTSE 100 7277.62 54.80 0.76% Nikkei Stock 28929.82 -176.19 -0.61% Hang Seng 25628.29 -409.98 -1.57% Kospi 3026.47 -22.61 -0.74% SGX Nifty* 18283.50 -50.0 -0.27%* Oct contract USD/JPY 114.03-04 -0.10 Range 114.22 114.03 EUR/USD 1.1598-601 +0.03 Range 1.1606 1.1591 CBOT Wheat Dec $7.522 per bushel Spot Gold $1791.25/ oz -0.1% Nymex Crude $84.63 $0.87 US STOCKS.

  • ICE Review: Canola Sets Fresh Contract Highs

    WINNIPEG--The ICE Futures canola market was stronger Tuesday, setting fresh contract highs as bullish chart signals provided support. Canola had started the day on the defensive, but the early profit-taking quickly faded and speculators returned to the buy side. Tight supplies and the need to ration demand contributed to the firmer tone in canola.

  • ICE Canola Turns Higher After Early Losses

    WINNIPEG--The ICE Futures canola market was holding onto small gains at midday Tuesday, as early profit-taking selling pressure subsided. "The chart looks friendly," said a trader on the speculative buying interest in the market. He noted that canola had broken above the session highs hit on Monday and was now very close to hitting fresh contract highs.

  • ICE Canada Morning Comment: Canola Easing Off

    Intercontinental Exchange canola futures were taking a step back Tuesday morning. There were declines in European rapeseed, as well as in the Chicago soy complex. Tempering further losses were small gains in Malaysian palm oil, tight canola supplies, lackluster production this year and concerns about dryness in the coming year.

  • ADM profit more than doubles on strong crush margins, vegoil demand

    Global grain trader Archer-Daniels-Midland Co (ADM) said on Tuesday its third-quarter profit more than doubled, as strong oilseed crushing margins and rising vegetable oil demand boosted its core agricultural services and oilseeds unit.

  • Indian Morning Briefing: Asian Markets Mixed; Earnings in Focus

    GLOBAL MARKETS DJIA 35741.15 64.13 0.18% Nasdaq 15226.71 136.51 0.90% S&P 500 4566.48 21.58 0.47% FTSE 100 7222.82 18.27 0.25% Nikkei Stock 29101.31 500.90 1.75% Hang Seng 26078.71 -53.32 -0.20% Kospi 3040.54 20.00 0.66% SGX Nifty* 18221.00 23.0 0.13%* Nov contract USD/JPY 113.93-94 +0.20% Range 113.94 113.69 EUR/USD 1.1598-601 -0.09% Range 1.1615 1.1598 CBOT Wheat Dec $7.594 per bushel Spot Gold $1,803.17/ oz -0.2% Nymex Crude $83.47- $0.29 US STOCKS.

  • ICE Review: Canola Nears Contract Highs

    WINNIPEG--The ICE Futures canola market was stronger on Monday, boosted by spillover from gains in Chicago Board of Trade soyoil and Malaysian palm oil. Bullish chart signals contributed to the gains, as prices neared major upside resistance. Tight supplies remained another supportive influence, although demand is already being rationed at current price levels, according to participants.

  • ICE Canola Futures Strengthen With Outside Markets

    WINNIPEG, Manitoba--The ICE Futures canola market was stronger at midday Monday, taking some direction from outside vegetable oil markets. Chicago Board of Trade soyoil futures were posting solid gains, seeing a recovery after profit-taking weighed on values late last week. Malaysian palm oil and European rapeseed futures were also higher.

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