Tag: wheat

• Friday, August 13th 2010 - 06:39 UTC

  Argentine wheat farmers slash land sown to a 111 year low, says FT

  

  British newspaper “The Financial Times” has run a story focusing on Argentina's wheat production, explaining that due to export limits and taxes, “farmers have slashed the land sown with wheat to a 111-year low” and cereal exports “have been halved over the past five years.”

• Thursday, August 12th 2010 - 20:31 UTC

  Russian drought and fires catches the US with record crops of corn and soybeans

  

  Russian President Dmitri Medvedev says a full one-quarter of Russia's grain crops have been destroyed by weeks of drought and wildfires, leaving many Russian farmers close to bankruptcy.

• Friday, August 6th 2010 - 03:01 UTC

  Wheat futures soar as drought-stricken Russia halts grain exports

  

  Wheat futures soared on Thursday after the world’s number three exporter the Russian Federation said it would temporarily halt grain shipments. The worst drought on record have devastated crops in parts of Russia and caused international grain prices to spike as markets anticipate a drop in global supplies.

• Tuesday, August 3rd 2010 - 15:04 UTC

  Wheat prices at 22 month high; fears about drought and fires in Russia

  

  International wheat prices hit a 22-month high Monday after a severe drought and ensuing wildfires in Russia devastated crops. Chicago Board of Trade (CBOT) wheat for September delivery broke through the $7-a-bushel level in US trade for the first time since September 2008 but have since falling back.

• Saturday, July 31st 2010 - 19:26 UTC

  Egypt to sign free trade agreement at Mercosur summit in Argentina

  

  Egypt will be signing a free trade agreement with Mercosur during the group’s presidential summit scheduled for next August 3 in Argentina, announced Friday the Egyptian trade minister on Friday.