Agriculture, Energy and Metal Information
The United States and European nations are taking steps to acquire or manufacture H5N1 bird flu vaccines that could be used to protect poultry and dairy workers, veterinarians, and lab technicians who are at risk of exposure to the virus. This move by government officials is aimed at curbing the threat of a potential pandemic. […]
The Ukrainian Grain Traders Union (UGA) has revised down its forecast for Ukraine’s combined grain and oilseed harvest in 2024 to 74.6 million metric tons, from the previous outlook of 76.1 million tons. According to the UGA’s statement, the revised 2024 harvest estimate could include 25.5 million tons of corn, 19.1 million tons of wheat, […]
According to two sources with knowledge of the arrangement, Ghana’s cocoa regulator, COCOBOD, will borrow up to $1.5 billion by September to finance cocoa purchases for the 2024/25 season. This is a significant increase from the $800 million syndicated loan that COCOBOD secured for the current 2023/24 season. The world’s second-largest cocoa producer after Ivory […]
According to Egypt’s Planning Minister, the country is targeting a wheat planting area of 3.5 million feddans (1.47 million hectares) for the 2024/2025 fiscal year, up from 3.2 million feddans in the current 2023/2024 fiscal year. This represents a 9% increase in the planned wheat cultivation area. The increased wheat planting is part of Egypt’s […]
The Queensland state government in Australia has blocked a carbon capture and storage (CCS) project proposed by global commodities giant Glencore, citing the risk of irreversible harm to the groundwater resources used by farmers. Glencore’s pilot project aimed to pump 330,000 metric tons of liquefied carbon dioxide from a coal-fired power plant in southern Queensland […]
The Indian government has announced that its wheat purchases from farmers in the current 2024 season have surpassed the previous year’s procurement level of 26.2 million metric tons. According to a government statement, state-run agencies have so far bought 26.25 million tons of new-season wheat from domestic farmers. This increased procurement is aimed at replenishing […]
Heavy rains and flooding have continued to disrupt field work and impact crop operations in Brazil’s southernmost state of Rio Grande do Sul, according to the state’s crop agency, Emater. As of this week, soybean farmers have harvested 91% of their area, up from 85% the previous week. However, this still lags the historical average […]
The condition of French soft wheat declined slightly last week, remaining at a four-year low, while maize planting slowed, according to data from the French farm office FranceAgriMer. This comes as rain returned to crop belts, reversing the warm, sunny spell that had helped crops and soil dry out after a damp growing season. As […]
Malaysian palm oil futures rose on Thursday, driven by a weakening Malaysian ringgit and expectations of improved demand as the tropical oil started trading at a discount to rival soft oils. The benchmark palm oil contract for August delivery on the Bursa Malaysia Derivatives Exchange closed up 24 ringgit, or 0.62%, at 3,892 ringgit ($827.73) […]
Chicago Board of Trade (CBOT) wheat futures have surged to their biggest premium over corn since 2022, stoking demand for cheaper alternatives that could help reduce large global corn supplies. The benchmark CBOT wheat contract Wv1 soared to a premium of $2.39-1/2 per bushel over corn Cv1 on Tuesday, the largest difference since October 10, […]