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Archive for  February 2005

    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Number of US farms down for 6th straight year: USDA

    The number of US farms declined for the sixth straight year to 2.11 million last year, down about 1 percent from 2003, due to consolidation and an aging population, the US Agriculture Department said on

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on New York coffee higher in switch-based trade

    Benchmark arabica coffee futures closed fractionally higher on Monday in switch-oriented trading that was dominated by local brokers, dealers said. Although trading was choppy, coffee prices managed to hold near the high end of a

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on New York cocoa lower on speculative sales

    New York cocoa futures settled lower on Monday, extending on Friday's losses as fund and speculative selling pressured prices amid fund rollover ahead of March cocoa's first notice day, sources said. At the New York

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  • Thai soyameal trade was active on Tuesday with importers seeking to cover February and March shipments. Argentine high-protein soyameal was at $245-247 per tonne, cost-and-freight, C&F for March shipment, unchanged from last week. Argentine low-protein

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on China skipping March soya cargoes on high US prices

    China, the world's top soya importer, is shunning high-priced March cargoes from the United States as persistent talk of bird flu in the south douses hopes for a strong recovery in poultry demand. Traders said

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Vietnam says China car policy to hit rubber sales

    Vietnam has told rubber exporters to be cautious this year as top buyer China is trying to slow the rapid growth of its car industry, the Trade Ministry said on Tuesday. It gave no details

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Global soya demand shifts from US to South America

    Global demand for US soybeans is switching to cheaper supplies in Brazil and Argentina led by top importer China, whose purchases from the United States this season have topped initial estimates, traders said on Monday.

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  • The amount of rubber used to make tyres in Japan rose 6.3 percent in December from a year to 109,480 tonnes, data released by the Japan Automobile Tyre Manufacturers' Association showed on Tuesday. Tyres shipped

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  • Chicago Board of Trade rough rice futures closed higher on Monday as end-of-the-month short covering helped values rebound from last week's slide to contract lows, traders said. March rice settled up 11-1/2 cents at $6.67

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Tokyo rubber dips on profit-taking

    Tokyo rubber futures slipped on Tuesday hit by profit-taking after the key contract touched a roughly 2 1/2-month high the previous day. The benchmark July rubber contract on the Tokyo Commodity Exchange closed down 1.1

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