Agriculture & Softs Reports
Yield trumps acres for 2011 corn & soy crops
Chicago, 4 March 2011
The prevailing historically high grain prices are expected to provoke an aggressive supply-side response in 2011 as farmers try to capitalize on the strong economics of crop production. Indeed, the U.S. Department of Agriculture has projected the highest corn planted acreage total since 1944 and record high soybean seedings to take place this spring.
IGC Grain Market Report
London, 24 February 2011
Grain and oilseed prices continued their upward march in early February, with some values nearing the peaks seen in 2008. However, in renewed day-to-day volatility, markets then fell back sharply, partly on concerns about the impact of political turmoil in parts of North Africa and Near East Asia.
Reducing poverty by growing fuel and food: FAO Study
Rome, 17 February 2011
New FAO study shows integrated food and energy crops work for poor farmers: Producing food and energy side-by-side may offer one of the best formulas for boosting countries' food and energy security while simultaneously reducing poverty, according to a new FAO report.
Read more: Reducing poverty by growing fuel and food: FAO Study
Food / Fuel Debate: US resolute on Ethanol
Washington, February 2011
As world food prices reach new highs, a handful of U.S. politicians and hard-hit corporations are readying a fresh effort to forestall the use of more U.S. corn and soybeans as motor fuel. They are likely doing so in vain, say experts.
Global Timber Products Market: Update
London, 7 February 2011
Global trade of wood chips was up in 2010 after a sharp decline in 2009 with China becoming a major importer, reports the Wood Resource Quarterly Global trade of wood chips was up 25 percent in 2010 because of increased production of pulp and paper products worldwide. China showed the greatest growth in chip imports with an increase over 400 percent in the past two years, as reported in the Wood Resource Quarterly. Australia continues to be the major exporter and shipped 11 percent more in 2010 than in the previous year.
Agriculture Leads Index Gains in January
London, 3 February 2011
Led by strength in agriculture, the S&P GSCI increased 3.05% in January as the background of tight global supplies and strong demand was augmented by political that sparked fears over hoarding agricultural products. The S&P GSCI Agriculture Index increased 5.89% on the back of strong rallies in wheat, cotton and corn.
Ag price poll shows analyst outlook divided
Chicago, 31 January 2011
The main take away from the 2011 Reuters grain market poll is that relatively high crop prices look here to stay. But the poll also reveals startling variation in crop price projections among the analysts surveyed, which either suggests that high price volatility may be in store on all fronts, or that U.S. grain market forecasters simply don't know what these markets are going to do.
Business leaders launch strategy to boost global food security
Davos, 29 January 2011
The “New Vision for Agriculture” aims to simultaneously improve food security, environmental sustainability and economic opportunity: A coalition of business, governments and farmers today launched a strategy to significantly increase food production while conserving environmental resources and spurring economic growth. The approach is already being implemented in two countries, Tanzania and Vietnam. Led by 17 global companies, the strategy sets ambitious targets for collective action to increase production by 20%, decrease greenhouse gas emissions per tonne by 20%, and reduce rural poverty by 20% each decade.
Read more: Business leaders launch strategy to boost global food security
High food prices may be necessary evil
Chicago, 26 January 2010
Violent protests in Tunisia and Algeria this month announced that food inflation has reared its ugly head again. But, while rising food prices may be universally unwelcome, especially in low-income regions, they may be a necessary evil if global food production is to rise to the sustainably high levels required to feed the planet's growing population.
FAO: Policy guide for countries hit hard by high food prices
Rome, January 2011
FAO has called upon countries to carefully examine the implications of high food prices and not to take any policy actions that might appear useful in the short term but could have harmful, longer-term effects or even aggravate the situation.
Read more: FAO: Policy guide for countries hit hard by high food prices
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