ABU DHABI/CAIRO, April 10 (Reuters) - Two wheat cargoes purchased by top global wheat buyer Egypt are stuck at Russia's Novorossiisk port, after the trade house selling the grain had problems opening the importer's letters of credit, traders said.
CME Group is faulting technical issues for the need to halt action in more than two dozen contracts including corn, wheat , cattle, and hogs. The stock is unfazed, remaining +1.8% on the session. Post your comment!
* Some traders sceptical about minister's drying proposal
April 7 (Reuters) - The following are selected highlights from a report issued by a U.S. Department of Agriculture attache in Australia:
* ICE Futures US raises soybean margins by 2.6 percent to $2,000 per contract from $1,950
acquisitions and internal efficiencies. The business is on track to become the lowest-cost producer in some of its categories. Wheat , oil, and dairy commodity input prices are volatile and it is often difficult for the company to fully recover agricultural
Luciano tells FT . ADM is committed to Australia, the COO says, noting that Australia is one of the world’s top exporters of wheat and is relatively close to fast-growing markets in Asia, making the country important to ADM’s efforts to diversify sources
Primarily, these vessels transport iron ore and grains, i.e., wheat , corn and soybeans, which are especially vital goods for China ..... 3 billion fed, China needs to import millions of tonnes of wheat , corn, rice and soybeans. As this demand is recognized
* ICE Futures US lowers FCOJ (OJ)initial margins by 3.8 percent to $1,250 per contract from $1,300
SYDNEY (Reuters) - Climate models show an increased chance of a 2014 El Nino weather event, said Australia's bureau of meteorology, leading to possible droughts in Southeast Asia and Australia and floods in South America, which could hit key rice, wheat and sugar crops.