The litany of predictions that China will be a leading consumer of U.S. corn even as world prices stay historically high appears to be a case of wish fulfillment on the part of corn bulls.
Brazilian agribusiness exports amounted to US$ 95.81 billion last year, up 1 per cent from 2011, according to figures released by the Ministry of Agriculture, Livestock and Supply.
In 2012, Ukrainian agricultural export increased by nearly 40 per cent, reaching USD 17 billion, according to the Ukrainian Minister of Agrarian Policy and Food Mykola Prysyazhnyuk.
The price of major farm produce monitored by the Chinese Ministry of Commerce (MOFCOM) rose by a smaller margin in the week of 31 December to 6 January compared with that of the previous week.
US soybean futures edged lower on Tuesday, easing for five out of six sessions as expectations of near-record South American production continued to pressure the market.
The Oilseed Crop Producers Association has called on the government to provide incentives to farmers now that there is an overwhelming demand for the commodity in Zambia.
Strong seed corn sales in South America, Mexico and the United States contributed to strong results during the first quarter ended Nov. 30, 2012, at Monsanto Co.
India exported 10 million tonnes of rice last year, dethroning Thailand as the world's top rice exporter. Thailand shipped under seven million tonnes of the grain last year.
