Archive for the November 8, 2005
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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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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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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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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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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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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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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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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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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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