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Agriprods News headlines February 09, 2010

World Edition News

News: February 08, 2010

US Major Funds Go For Commodities

Even as commodity markets turned bearish, following other markets into a state of jitters about Europe’s economies, the second-largest of the largest US public pension funds announced it was considering investing in them. The

Full story...

News: February 03, 2010

Porkers Bring Home The Bacon At Cranswick

Porkers are in – Cranswick has just come out with third-quarter trading statement to prove it. The market thought it was a tasty morsel, too, and the pork meat supplier’s share price soared 45p to 800p, a new 12-month high. The

Full story...

News: February 01, 2010

Potash Pulls In Bids, Bankers And Bulls

Fertilisers were where it was all happening last week, as supplies started to run low and the world’s two largest mining groups announced plans to spend a total of US$4.9 billion on acquisitions in the market. Vale is to buy a 16

Full story...

News: January 28, 2010

Putting A Cork In It – The Russian Wine Ripoff, Or What A Kremlin Sobriety Will Cost

Russia’s anti-trust buster, the Federal Antimonopoly Service (FAS), has established a record of making much ado about little; and of regulating only those corners of the Russian market where no oligarch-sized interest is

Full story...

News: January 25, 2010

Soaring Prices Sweeten Sugar Markets

Soaring sugar prices are brightening prospects for Europe’s sugar businesses and attracting Chinese corporate buyers. Germany’s Sudzucker announced a 68 per cent rise in operating profits as sugar prices traded at 29 year highs

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News: January 20, 2010

Gensler Still Out For More Control Of Commodity Traders

Traders beware – the head of the US commodity trading regulator is still hard on the heels of anything that smacks of unbridled speculation. The US regulator’s new stance may not be as tough as feared, in case trade is driven

Full story...

News: January 18, 2010

Contangos Bedevil Commodity Futures Funds

Futures-based funds may not be the best way of making money in commodities, even though they are among the fastest growing fund sector, warned international investment research group Morningstar last week. In 2009 exchange traded

Full story...

News: January 13, 2010

New Russian Import Rule Takes The Stuffing Out Of US Poultry Exports

The Russian Trade and Inspection Agency (Rospotrebnadzor) has initiated new chlorine limits for poultry processing, commencing this month. The effect will be to cut imports well below the quota levels announced last month,

Full story...

News: January 11, 2010

Not The Chinese But BPH Billiton Now Threatens Potash Prices

Potash was the agriculture story of last week as BHP Billiton shook the fertiliser industry with news that this could be a great diversification for the mining giant’s portfolio. It is drilling test shafts for potash at

Full story...

News: January 07, 2010

Whistling In The Woods?

Are they whistling to keep their spirits up, or will international wood, pulp and woodland markets really climb out of the trough in 2010? There are price increases being posted by a few US producers, at least. The US Engineered

Full story...

News: January 04, 2010

Will 2010 Repeat 2009’s Trend For Softs? The Ingredients Are There.

Commodities overall posted the biggest annual gain in four decades in 2009 – a reflection on Asian demand and uncertainty about returns in capital markets. The S&P GSCI Index of 24 raw materials rose 50 per cent, the most since

Full story...

News: December 30, 2009

An End To The Party In Shipping?

Just as top industry figures were warning caution about shipping’s rally, rates have started to slide. Not all, but the Capesize vessels – large bulk carriers which are focused on long-haul coal and iron ore - in particularly

Full story...

News: December 29, 2009

Two Heavy-Weight IPOs Signal Another Bullish Year For Softs

A good omen for 2010 – two heavies in the commodity world seemed confident enough last week that there is a lot of money around to confirm IPOs. Mega trader Glencore is said to plan one that could value it at US$60 billion-plus

Full story...

News: December 23, 2009

Hilary Benn Fails To Defend Our Inshore Fishing Fleet Against The EU: Where Now For Food Security?

What a weak team of Ministers are being fielded by Gordon Brown in the dying days of the Labour Government. He tries to prance around on the world stage in order to distract attention from the financial problems at home, while

Full story...

News: December 21, 2009

Sugar Prices Rise On Fears Of Production Shortfall: Coffee May Follow

Do market run-ups ahead of the year-end give clues for the coming months? Many traders are saying major themes for 2010 were already clear last week.

Full story...

News: December 15, 2009

Minemakers Intends to Start Exporting High Grade Rock Phosphate Next Year To The INdo Pacific Region..

The stated aim of ASX listed Minemakers is to acquire, control and develop a number of major mineral deposits on the basis that mankind will consume as much minerals in the next 23 years as it has in all its history provided 3

Full story...

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