Archive for  January 2010
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European Union wheat plantings have come through the winter so far without major weather damage, Germany's largest grain trading house Toepfer International said on Tuesday. "There are currently very low temperatures in important wheat production
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Global palm oil prices may ease in the short term, but falls should be limited as recent Malaysian stock rises were largely due to Indonesia's new export tax, oilseeds analysts Oil World forecast on Tuesday.
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The average price of Bangladeshi teas rose by almost 1 percent to 159.28 taka ($2.30) per kg at the weekly action on Tuesday, brokers said. Nearly 1.40 million kg were sold on average at 159.28
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Spot basis bids for corn and soyabeans firmed in the eastern US Midwest on Tuesday amid slow farmer selling of both crops, while bids were pressured along the Illinois River due to rising barge freight
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Vietnamese coffee prices have dropped as farmers hold onto stocks despite a lower-than-expected harvest and international buyers shy away on delivery fears and cause a slowdown in sales, traders said Tuesday. But some concern has
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Hamburg-based oilseeds analyst Oil World said on Tuesday it raised its forecasts of soyabean crops in key South American producers Argentina and Brazil and said larger harvests could pressure prices. Argentina is now forecast to
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Handsome gain was seen on the forward cottonseed oilcake market on Tuesday, dealers said. The January vaida that closed at Rs 971.30 opened with a gain of 40 paisa at Rs 971.70, they said. The
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Steadier trend was again witnessed on the cotton market on Tuesday as demand was good despite the fact cotton production has surpassed the target of 12 million bales for the current season, dealers said. The
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Modest trading was seen on the wholesale grain and seed market on Tuesday as needy traders indulged in forward buying cereals and rice, dealers said. On the cereals side moong Sindh gained Rs 100 to
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Asian physical rubber prices firmed on Tuesday, with benchmark RSS3 grade moving closer to a 56-year high last seen in mid-2008 as Tokyo futures regained the 300 yen mark on strong oil. Copyright Reuters, 2010