Agriculture & Softs Reports
Germany's Rising Cost of Going Green
London, 26 February 2012
On 30 May 2011, in the aftermath of Japan’s Fukushima nuclear disaster two months earlier, German Chancellor Angela Merkel announced an "energy revolution" and that Germany would close all of its 19 nuclear power plants (NPPs) between 2015 and 2022, which produce about 28 percent of the country's electricity. The shortfall was to be made up with an increased emphasis on renewable energy sources. In the wake of Germany’s decision, Switzerland, Belgium, Japan, Italy, and many other nations declared, in one way or another, their intent to pursue a safer alternative.
BRICs and agricultural productivity: Report
London, 22 February 2012
BRIC countries are boosting agricultural productivity thanks to investments in plant research and entrepreneurial initiatives, according to a new Economist Intelligence Unit study. The high-growth economies of Brazil, Russia, India and China (BRICs) are investing heavily in agricultural research, offering financial backing to farmers, promoting best practices in farming, and strengthening rural infrastructure to secure their food supplies, according to a new Economist Intelligence Unit study.
Cotton production to decline 2012/13
London, February 2012
Cotton Outlook’s initial world production forecast for the 2012/13 season foresees a decline in cotton area of 3.3 percent (area expanded by 11 percent and around 7.0 percent, respectively, during each of the last two seasons) and a similar percentage reduction in output (versus growth of 13.6 and almost 7.4 percent, respectively). The area projection is 34,618,000 hectares, and the production forecast is 25,686,000 tonnes.
Rabobank Outlook for Global Dairy Industry
London, February 2012
A new report from Rabobank's global Food & Agribusiness Research and Advisory department examines the global dairy industry, forecasting growth that will be enviable but uneven, and skewed to emerging markets. In the report, titled "Global Dairy Outlook: Show me the money" Rabobank says that the global dairy market will offer strong growth prospects in the coming five years, but the uneven spread of this market expansion and an era of elevated pricing will create as many challenges as opportunities for key players along the dairy supply chain.
Average palm prices to fall after 3 years of gains
Kuala Lumpur, 18 January 2012
Average palm oil prices are set to decline in 2012 for the first time in three years, squeezed by ample supply from Southeast Asia and faltering demand as global growth weakens because of Europe's debt crisis. A median poll of 25 analysts tracking top palm oil producers Indonesia and Malaysia showed 2012 price expectations for the tropical oil stood at a median 3,000 ringgit ($960) per tonne, unchanged from a survey conducted in July.
Read more: Average palm prices to fall after 3 years of gains
Agriculture white paper to show China food security concerns
Beijing, 13 January 2011: Reuters
China's annual white paper on agriculture will focus on technology to boost food output rather than the farm income or rural development issues of previous years, underlining the country's concerns about its ability to feed itself.
Read more: Agriculture white paper to show China food security concerns
La Nina, low stocks trigger corn, soy volatility
Oxford, UK, 5 January 2012: Reuters
Global corn and soybean stocks remain low, leaving both commodities vulnerable to the threat posed by the La Nina weather phenomenon to production in Argentina and southern Brazil, U.S. Department of Agriculture chief economist Joseph Glauber said on Wednesday.
World Agriculture: Gaining Control in an Era of Scarcity
London, December 2011
Agricultural producers, agri-businesses, retailers, and trading companies face significant challenges with current market volatility, and it doesn’t appear to be letting up anytime soon. Increased world population, agricultural production, resource scarcity, and climate changes all play a part.
Read more: World Agriculture: Gaining Control in an Era of Scarcity
Major gains in efficiency of livestock systems needed
Rome, 14 December 2011: Commodities Now
By 2050 an expanded world population will be consuming two thirds more animal protein than it does today, bringing new strains to bear on the planet's natural resources, according to a new FAO report published today.
Read more: Major gains in efficiency of livestock systems needed
Top cocoa trader Olam warns of global deficit
London, 13 December 2011
Leading cocoa trader Olam International Ltd warned on Monday of a tightening global market in 2012, with supplies moving into deficit after this year's record surplus drove prices too low. Spot cocoa futures prices in New York and London surged 10 percent off their session lows after Gerry Manley, the head of Olam's cocoa division, told Reuters he expects world 2011/12 production to fall around 100,000 tonnes short of grindings. Other traders have generally seen the market as balanced.
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