Agriculture & Softs Commodity News | Commodities News – Wheat, Corn, Coffee

Egypt seeks better deal for wheat imports

Source: Financial Times, 26th March 2013

NZ drought pushes milk to record

Source: Financial Times, 21st March 2013

Forward progress for food supply chains

London, 21 March 2013

If there is one word to advocate for more integrated supply chains today it is horsemeat. I am glad to see more public discussion on how to address food security and other challenges for agriculture companies, but vertical integration alone cannot fully address today’s financial and operational risks.

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Argentine farmers threaten soya supply

Source: Financial Times, 21st March 2013

Tehran's shoppers subdued for new year

Source: Financial Times, 20th March 2013

As Persian new year approaches, Tehran residents traditionally flock to the capital's grand bazaar to get festive treats at lower prices than elsewhere in the city.

FAO Food Price Index remains steady in February

Rome, 7 March 2013

The FAO Food Price Index averaged 210 points in February 2013, unchanged from January but five points (2.5 percent) below the corresponding month last year. Since November the Index has moved within a narrow 210 - 212 point range, as increases in the prices of dairy products and oils/fats were largely balanced out by declines in the prices of cereals and sugar. Meat prices were generally stable over the period. In February dairy prices increased most, followed by oils/fats whereas cereals and, especially, sugar prices fell.

Read more: FAO Food Price Index remains steady in February

Thomson Reuters Eikon expands agriculture research and analysis

London, 7 March 2013

Thomson Reuters today announced it has further extended its commodity research and forecast service on its flagship financial markets desktop, Thomson Reuters Eikon, to include key insight for the agriculture markets. This follows the addition of Thomson Reuters GFMS metals research and forecast analytics to the service last month. Thomson Reuters Eikon now enables traders and analysts focused on agriculture markets to combine rich research content and forecast analytics from Thomson Reuters Lanworth with real-time and historical news and pricing information to better inform trading decisions.

Read more: Thomson Reuters Eikon expands agriculture research and analysis

Kingsman launches new Raw and White Sugar price assessments

Lausanne, 4 March 2013

Kingsman, a specialist provider of sugar and biofuels information and analytics and a unit of Platts, today announced the expansion of its suite of price references for the global sugar market to include nearly a dozen outright price assessments for raw and white sugar exported from Brazil, Thailand and the European Union. The new outright price assessments supplement Kingsman’s existing offering of raw and white sugar premiums, which reflect the price differential between the spot cash value and front-month futures contracts.

Read more: Kingsman launches new Raw and White Sugar price assessments

IvyCap and Thomson Reuters team up for Indian farmers

Mumbai, 25 February 2013

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, and IvyCap Ventures Advisors Private Limited (IvyCap), a venture capital fund management company, today announced that the two firms have come together to support the continued development of Reuters Market Light (RML), the award-winning information service for India’s farming community.  The agreement sees IvyCap, which is backed by the IIT Alumni Network, become the lead investor in RML with Thomson Reuters remaining as a shareholder and partner in the newly formed RML Information Services Private Limited.

Read more: IvyCap and Thomson Reuters team up for Indian farmers

FAO Food Price Index remains unchanged in January

Rome, 7 January 2013

The FAO Food Price Index held steady at 210 points in January 2013 after three straight months of decline. Increases in oil and fats prices offset lower cereals and sugar quotations while dairy and meat values remained substantially unchanged. The pause in the Index's decline tallies with a significant upward revision in FAO's latest forecast for 2012 world cereal production. This is now estimated at 2 302 million tonnes - 20 million tonnes up on December's forecast.

Read more: FAO Food Price Index remains unchanged in January