Argentine dryness worries continue to lift soya bean and corn futures. Soya bean futures for March rose 1.4% to $9.83/bushel in Chicago, jumping back above 50-day and 200-day moving averages.
Beijing looks set to lift its embargo on British beef imports within the next six months. The embargo came in about 20 years ago in the wake of the BSE crisis. The move could be worth £250m to British farmers in the first five years.
A record 2.6bn tonne world grain crop, up 1.3%, will mean a bigger supply cushion at the end of the 2017/2018 marketing year, according to the FAO. The increase was driven by higher maize output in China. The stocks-to-use ratio is expected to rise to its highest level in 16 years.
ADVERTISEMENT
The FAO’s dairy price index fell by 2.4% on the month, driven by lower international prices for butter and cheese. This was spurred by abundant supplies in the northern hemisphere and Australia.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Argentine dryness worries continue to lift soya bean and corn futures. Soya bean futures for March rose 1.4% to $9.83/bushel in Chicago, jumping back above 50-day and 200-day moving averages.
Beijing looks set to lift its embargo on British beef imports within the next six months. The embargo came in about 20 years ago in the wake of the BSE crisis. The move could be worth £250m to British farmers in the first five years.
A record 2.6bn tonne world grain crop, up 1.3%, will mean a bigger supply cushion at the end of the 2017/2018 marketing year, according to the FAO. The increase was driven by higher maize output in China. The stocks-to-use ratio is expected to rise to its highest level in 16 years.
The FAO’s dairy price index fell by 2.4% on the month, driven by lower international prices for butter and cheese. This was spurred by abundant supplies in the northern hemisphere and Australia.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS