food prices Archives - Page 12 of 31

Cereals, Grain Markets, International news, News

Egypt to spend $1.6 billion on local wheat purchases

March 28, 2013

cairo / reuters / Egypt’s government has allocated 11 billion pounds ($1.6 billion) to buy 4.5 million tonnes of wheat from local farmers this year, state media said March 24 as the most populous Arab country struggles to ensure supplies. Economic turmoil and a weakening local currency has made it harder for the government to

Crops, Grain Markets

CME expects volume to return in time

By Mark Weinraub March 28, 2013

Reuters / CME Group’s plan to scale back its trading day for grain contracts will likely provide a boost to volume and liquidity, but traders said it will take time for investors to return to the market. “I think if they compress the hours again… it serves the needs of the customers who actually use

Cereals, Crops, International news

German flour mills fined for anti-competitive behaviour

March 16, 2013

Hamburg / Reuters /German cartel agency BKA has imposed 41 million euros ($54.7 million) in fines on 22 flour mills and the German flour mills association for anti-competitive behaviour. BKA said it levied the fines for agreements in the marketing of flour. The investigation started in 2008 with searches of flour mills, and previous fines

News, Opinion

Land and water ‘grabbing’ affects 62 countries

By Science Daily March 7, 2013

As world food and energy demands grow, nations and some corporations increasingly are looking to acquire quality agricultural land for food production. Some nations are gaining land by buying up property — and accompanying water resources — in other, generally less-wealthy countries. Sometimes called “land grabbing,” this practice can put strains on land and water

Crops, News

French bank suspends agricultural fund

February 22, 2013

Reuters / BNP Paribas, France’s No. 1 listed bank, has suspended a 160-million-euro ($214-million) agricultural commodities fund after international aid group Oxfam criticized French banks for speculating on food prices. “We are suspending subscriptions,” a spokeswoman for BNP said of its Parvest World Agriculture fund, explaining the move as part of the bank’s policy on

Crops, News

Glencore director questions corn-based biofuel

February 15, 2013

dubai / reuters / A director of commodity trading giant Glencore is questioning the conversion of corn into ethanol biofuel, saying it can contribute to higher prices. Critics of using foodstuffs to make fuel say the process can drive up food prices by reducing available supplies, hitting the world’s poorest people hardest. Responding to a

Dairy cattle, Opinion

Talking turkey over energy

December 6, 2012

The pre-American Thanksgiving decision by the U.S. Environmental Protection Agency to deny the meat industry requests for a waiver on that country’s renewable fuel standard did little to calm the rhetoric between the livestock and ethanol sectors over who should have access to limited corn supplies this year. Shortly after the announcement, the National Turkey

Cereals, Crops, Grain Markets, News, Oilseeds

Bigger U.S. soybean crop eases tight world supply

By Charles Abbott November 21, 2012

The U.S. soybean crop is much bigger than expected, helping to ease a worldwide supply squeeze, thanks to late-season rains that offset the impact of the worst drought in half a century, the government said Nov. 9. In an report on crops around the world, the U.S. Agriculture Department raised its forecasts of global soybean,

News

Huge crop losses in southern Haiti from storm

By Susana Ferreira November 9, 2012

As Hurricane Sandy barrelled toward the U.S. East Coast Oct. 29, the full extent of the storm’s havoc on Haiti was just beginning to emerge. Extensive damage to crops throughout the southern third of the country, as well as the high potential for a spike in cases of cholera and other water-borne diseases, could mean

News

More trade could end African food shortages

By Lesley Wroughton November 9, 2012

Reuters / Africa could avoid food shortages if it reduces the tangled web of rules, fees and high costs strangling regional food trade and by putting large swathes of uncultivated land to productive use, according to a World Bank report. Just five per cent of Africa’s cereal imports are now provided by African farmers, according

Daily Network News

Canadian Agricultural HR Council gets federal funds for workforce development tools

Farm groups call on agriculture minister to pause federal research cuts

Feed grains weekly: Prices bump up

Tag Archives food prices