Australia's monopoly wheat exporter AWB Ltd on Tuesday welcomed a government inquiry into its contracts in Iraq after a United Nations report named it as having been involved in kickbacks to the former regime of

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Taiwan importers will be seeking shipments of US soyabeans and wheat this week, while corn purchases remain muted as fears of bird flu continue to stymie demand, traders said on Tuesday. Buyers in key East

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Vietnam, the world's second-largest coffee producer after Brazil, said higher global oil prices this year have pushed up its production cost by 20-25 percent to around 10,000 dong (63 US cents) per kilograms of beans.

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South Africa's gold production for the first half of 2005 declined by 12.4 percent to 147.9 tonnes from the same period last year, with total sales revenue also falling, the department of minerals said. Sales

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The Thai grains trade is expected to remain sluggish over the next week with importers not keen on buying with domestic poultry demand weak following new bird flu outbreaks, traders said on Tuesday. Argentine high-protein

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The Karachi Port handled 46,568 tonnes of cargo including 35,980 tonnes import and 10,588 tonnes export cargo including 1,264 containers during last 24 hours ending at 0700 hours on Tuesday. The cargo comprised of 42,368

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China's biggest shipping and ports firm, Cosco Group, will take a stake in the second phase of Shanghai's $12 billion deepwater port and more than double container shipping capacity by 2010, its top executive said

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Corn futures at the Chicago Board of Trade closed lower on Monday and new contract lows were set amid harvest of a big US corn crop, traders said. "The yield reports are still good and

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South African maize prices fell on Tuesday on the promise of good rains, a trend set to dominate the market in coming months as the country's grain heartland heads into the summer wet season, traders

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Rising biofuel demand means EU rapeseed oil imports are likely to rise more strongly than expected this season while the EU will increasingly use soyaoil for fuel, Hamburg-based oilseeds analysts Oil World forecasts. The EU

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