The corn market seemingly continued its December decline Monday morning, with disappointment with the pace of export sales being the main driver of those losses.
Marine Harvest has sold its 31.3 percent stake in breeding company Aquagen to Aquagen’s majority owner EW Group GmbH for NOK 173 million (USD 31.3 million, EUR 23.6 million).
The Vietnam Association of Seafood Exporters and Producers (VASEP) announced that currently around 160 pangasius exporters operate in the country, a decrease of 30 percent compared to 2011.
Spanish retail sales dropped 7.8 percent year-on-year in November, data showed on Friday, marking 29 months of straight falls in a recession-hit country where the consumer outlook is grim.
Zambia is considering re-introducing price controls on its staple maize meal to protect consumers from food inflation, state radio quoted President Michael Sata as saying on Friday.
Price of major farm produce in 36 medium and large sized cities in China rose last week compared to the previous week and the price of material for production has risen for teh past for two weeks
UK-based department store chain John Lewis reported a 26.5% increase in revenues to £157.8m for the Christmas week as compared to corresponding period of 2011.
UK-based supermarket chain Waitrose has recorded a 7.7% increase in like-for-like sales for the seven day Christmas shopping period ending 24 December 2012.
March Corn finished down 11 at 693 1/4, 13 off the high and 1 up from the low. May Corn closed down 10 1/4 at 696 1/2. This was 1 1/4 up from the low and 12 1/4 off the high.
Prawns were the most popular big-ticket item on Christmas dinner tables across Australia this year with abundant supplies and discount pricing making them more accessible than ever.
With the CME Group corn, soybean and wheat markets closed, overnight, due to the Christmas Holiday, the farm markets are expected to advance slightly higher Wednesday.
Forget gas prices, the cost of a gallon of milk could double early next year if the agriculture bill gets swept up in fiscal cliff negotiations, CNN Money reports.
Russian wheat prices, finishing this year with a more than 75 percent gain, are expected to hit new highs next year thanks to tight supply and worsening prospects for the 2013 winter crops.
Australia’s principal rice grower group, SunRice, has announced a good financial result for the first six months to 31 October 2012, with group profits up 24% on the same period last year.
While Australian grassfed beef exports are likely to finish the year well above year ago levels, grainfed volumes are likely to finish 2013 well below previous year levels.
