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Agri News

September, 2015

  • 9 September

    French July wheat exports outside EU hit four-year high

    France, the European Union’s biggest wheat exporter, shipped 683,513 tonnes of soft wheat outside the EU in July, up 58 percent compared with July last year and the biggest July volume since 2011, customs data showed on Tuesday. The wheat exports in July, the first month of the marketing year, …

  • 9 September

    European palm oil prices little changed

    European palm oil prices were little changed on Monday as slim trade and a holiday in the United States subdued the market. Asking prices for crude palm oil (CPO) were broadly steady, with some positions gaining between $2.50 and $5 per tonne. The front position remained unchanged, while November-December stocks …

  • 9 September

    China’s August soya imports up 29 percent

    China, the world’s top soya buyer, imported 7.78 million tonnes of the oilseed in August, up 29 percent from a year earlier, but down 18.1 percent from July’s record shipments as cheap supplies from South American producers petered out, official customs data showed on Tuesday. Imports in the first eight …

  • 9 September

    Palm oil hits one-month high on weak ringgit

    Malaysian palm oil futures reached a one-month high on Tuesday, buoyed by a weak ringgit currency and higher demand from refiners on improving margins. The benchmark November contract on the Bursa Malaysia Derivatives exchange closed higher by 2.1 percent at 2,090 ringgit ($481.68) a tonne after reaching 2,100 ringgit, its …

  • 8 September

    Palm oil rebounds slightly to near three-week high

    Malaysian palm oil futures hit a near three-week high on Monday after a drop in early trade helped by exports and a weaker ringgit. The benchmark November contract on the Bursa Malaysia Derivatives exchange closed higher at 2,048 ringgit ($473.25) a tonne, up 0.8 percent from yesterday’s closing price. It …

  • 8 September

    Fauji Fertilizer wins awards

    FFC Annual Report 2014 has been awarded top position in Corporate Reporting and Sustainability Awards jointly organised by the Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountants of Pakistan (ICMAP). FFC Annual Report 2014 was adjudged Sector Best, Overall First and also First in …

  • 8 September

    Fertilizer industry terms imported gas unfeasible for urea production

    The local fertiliser industry has reportedly termed imported gas unfeasible for urea production due to its high cost, reveals official documents obtained from Ministry of Industries and Production (MoI&P). Fertilizer industry gave these views at a meeting of Fertilizer Review Committee to plan availability of fertiliser for Kharif season (April-September, …

  • 8 September

    Sharp decline in sales: Paapam demands launch of tractor subsidy schemes

    A delegation of Paapam led by Senior vice Chairman Mumshad Ali called upon Federal Minister for National Food Security & Research Sikandar Hayat Bosan and appraised the minister about the critical situation the tractor part makers are facing due to the delay in the launch of the provincial tractor subsidy …

  • 8 September

    Low water still troubles Rhine, Danube river

    Low water levels persist on the Rhine and Danube in Germany and cargo vessels cannot sail fully loaded on the German sections of both rivers, traders said on Monday. The Rhine is too shallow to allow vessels to sail with full loads south of Cologne and Duisburg, traders said. Water …

  • 8 September

    India’s summer crop sowing up two percent

    Indian farmers have so far cultivated summer-sown crops on 99.87 million hectares, up 2 percent from a year ago, as good rainfall in June accelerated sowing. Planted crops in some southern and western states are under stress due to poor rains in July and August. Crop yields could fall as …