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US Department of Agriculture (USDA)

Soyabean futures gain

December 05, 2012 US soyabean futures hit a three-week high on Monday as adverse weather threatened production in Argentina and southern Brazil, two of the world's top suppliers, but prices later slipped on spillover pressure from sinking corn and wheat prices. The first US wheat purchase by Egypt's state buyer since April fuelled early gains, but prices turned lower by midday in a profit taking setback and amid concerns that US wheat would still face stiff competition in the global…

China’s 2012-13 soyabean imports seen at six-year low

November 24, 2012 China's soyabean imports will grow at their slowest pace in six years this marketing year as sluggish demand and poor crushing margins dent purchases by the world's top buyer, a Reuters poll showed. China, which buys 60 percent of the world's traded soyabeans, is likely to import 61 million tonnes in the year to September 2013, a gain of just 3 percent from a year ago and 3 percent below a US Department of Agriculture (USDA) estimate. A slowdown in China's…

Wheat little changed

November 23, 2012 US wheat ended nearly flat on Wednesday as concerns about dry conditions underpinned the market, but corn and soyabeans slid in choppy trading the day before the US Thanksgiving holiday. Trading was light ahead of the break, leaving markets vulnerable to sudden changes. "In a thin market like this you can push it down a few cents, and then get to some technical or psychological level and ... two hours from now see it up a few cents," said analyst Bill Nelson…

US helps improve food security

November 22, 2012 KARACHI: The US Department of Agriculture (USDA) is helping farmers to increase productivity and improve food security in Pakistan by introducing disease-resistant varieties of wheat. USDA’s Wheat Productivity Enhancement Project (WPEP) has introduced 60 advanced wheat varieties in Pakistan in the first of 115 wheat trials scheduled this year at the National Agricultural Research Council (NARC) and other locations throughout Pakistan. USDA scientists, together with the…

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