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Archive for the November 8, 2005

    • News Desk
    • Nov 8th, 2005
    • Comments Off on German grain offers reach 704,000 tonnes

    A total of 704,000 tonnes of German grain has been offered into intervention since the new European Union purchasing season started on November 1, officials at German agricultural agency BLE said on Monday. Some 347,000

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Indian firms keen on Posco’s mini-mill

    Posco, the world's fifth-largest steel maker, may sell one of its two mini-mills to India as it shifts focus to high-end steel production, an official from the South Korean steel company said on Monday. Essar

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Low price threatens to slow Ivorian cocoa purchases

    Ivory Coast's cocoa farmers may hold beans back from the market if farmgate prices continue to fall on healthy crop forecasts and relative calm in the world's top cocoa grower, industry sources said on Monday.

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on US Midwest corn and soyabean basis firmer

    Soybean basis bids continued to rise in the US Midwest on Monday and spot corn bids were steady to firmer, reflecting slow farmer sales, grain dealers said. Farmers were selling small amounts of freshly harvested

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on De Beers in Namibia sees future in the sea

    Namibia's biggest diamond producer Namdeb is gearing up to expand output of gems from the seabed, which this year will overtake production from increasingly lower-grade land mines, a top official said. Marine-based output at Namdeb

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on China sells 40,000 tonnes copper futures

    China's State Reserves Bureau is believed to have sold 40,000 tonnes of copper on the Shanghai Futures Exchange, dealers said on Monday. Dealers said the SRB sale had weighed on prices. "They sold 8,000 lots

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Romania reaps 9.06 million tonnes maize

    Romania has reaped 9.057 million tonnes of maize from 90 percent of 2.7 million hectare so far, Agriculture Ministry data quoted by state news agency Rompres showed on Monday. EU-candidate Romania, one of the major

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  • Spot basis values for hard red winter wheat were steady to firmer on Monday, with some spot demand seen propping up prices, merchants said. The basis was 2 cents higher in Salina, Kansas, on mill

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on CIF Gulf corn and soya steady, freight holds

    US CIF Gulf corn and soyabean basis values were mostly steady on Monday, with traders keeping an eye on low water on the lower Mississippi River. Traders said no grain elevators in Indiana and Kentucky

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    • News Desk
    • Nov 8th, 2005
    • Comments Off on Singapore bunker fuel prices fall

    Singapore bunker prices were lower on Monday but bunker premiums held steady at above $6 a tonne amid thin activity, traders said. Prices for 380-centistoke (cst) bunker fuel were pegged at $301-$303 a tonne, down

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