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Archive for the May 14, 2017

    • News Desk
    • May 14th, 2017
    • Comments Off on Rice buyers turn to Vietnam as prices firm in Thailand, India

    Buyers of Asian rice turned to Vietnam this week as prices remained firm in Thailand and India, traders said on Thursday. Thai benchmark 5-percent broken rice edged up to $387-$392 a tonne, free-on-board (FOB) Bangkok,

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    • News Desk
    • May 14th, 2017
    • Comments Off on Cotton market: trade activity may gain momentum on incentives news

    The volume of business was firm on the cotton market on Saturday following the announcement of incentives' package by the government for growers, dealers said. The official spot rate was unchanged at Rs 6700, they

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  • ICE Canadian canola futures slipped on Thursday, weighed down by a lack of buyers and lower US crop markets. Crusher demand seen dropping off after running ahead of year-ago pace, pressuring the July contract, a

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    • News Desk
    • May 14th, 2017
    • Comments Off on US natural gas futures jump to highest since January

    US natural gas futures jumped to their highest since January on Thursday on a smaller-than-expected storage build and worries a key pipeline may be delayed, possibly cutting output growth this year. The US Energy Information

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  • Spot cash bids for hard red winter (HRW) wheat firmed at the US Gulf Coast on Thursday while the basis held steady elsewhere in the southern Plains and farmer selling remained thin, grain merchandisers said.

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  • Chicago Board of Trade corn futures closed lower on Thursday, pressured by disappointing weekly export sales data and forecasts for warmer weather in the US Midwest, traders said. CBOT July corn futures closed down 4-1/2

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    • News Desk
    • May 14th, 2017
    • Comments Off on China’s 2017-18 corn planting area to fall 2.5 percent

    Chinese farmers are expected to sow 35.84 million hectares of corn this year, down 2.5 percent from last year, the agriculture ministry said on Wednesday, as Beijing looks to boost alternative crops to reduce its

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    • News Desk
    • May 14th, 2017
    • Comments Off on Conab raises Brazil’s soyabean crop view to 113 million tones

    Brazil's agricultural statistics agency Conab, for the fifth time this year, raised its estimate on Thursday for the country's 2016/17 soyabean crop to 113 million tonnes. The agency had previously estimated the soyabean harvest, which

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  • Chicago Board of Trade July wheat futures closed 2 cents higher on Thursday at $4.33-3/4 per bushel, lifted by technical buying and short-covering, analysts said. K.C. July hard red winter wheat closed up 1-1/2 cents

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    • News Desk
    • May 14th, 2017
    • Comments Off on Asia’s naphtha cracks at two-session high

    Asia's naphtha crack was at a two-session high of $67.28 a tonne, supported by firm demand from North Asia, while the gasoline crack was a two-week high of $10.47 a barrel with a sharp drawdown

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