GFM Network News


G20 ag ministers slam protectionism, pledge WTO reforms

Buenos Aires | Reuters — Agriculture ministers from the G20 countries criticized protectionism in a joint statement on Saturday, and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the food trade system. In the statement, they said they were “concerned about the increasing use

Smallest ag markets biggest winners in commodities rout

New York | Reuters –– Some of the smallest niche agricultural commodities were the biggest winners this year as weather and disease raised concerns about tightening supplies, spurring a buying spree as an exodus of institutional cash punished oil, metals and grains markets. Cocoa, cotton, sugar and frozen concentrated orange juice on ICE Futures U.S.




When gas prices drop, people buy chocolate

Twenty per cent of gas bar customers also stock up on treats

U.S. chocolate demand may have received an extra boost from an unlikely source this Halloween: the U.S. shale revolution. With an abundance of crude oil due to the country’s fracking boom pushing average U.S. retail gasoline prices to their lowest in four years, consumers have spare change to buy sweets at gas station stores, Hershey