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Tampilkan postingan dengan label wheat production. Tampilkan semua postingan

Wheat Futures December Rose

Written By mine on Minggu, 21 Oktober 2012 | 03.24

Wheat futures for December 2012 delivery rose 0.5 percent to settle at $8.725 a bushel at 2 p.m. on the Chicago Board of Trade. The price has gained 34 percent this year and rose 1.8 percent this week. Wheat futures climbed for a third day on signs that Ukraine will limit exports, and on speculation that dry weather in the southern U.S. Great Plains will curb production. Corn advanced, while soybeans fell.

Ukraine’s wheat exports will reach 5 million metric tons by Nov. 15, Volodymyr Klymenko, the head of the country’s Grain Association, said today. That may prompt the government to introduce shipment limits, he said. Parts of Kansas, the biggest U.S. producer of winter varieties, have received little rain in the past month, National Weather Service data show.

Wheat Production Argentina in 2012

Written By mine on Sabtu, 20 Oktober 2012 | 10.14

Wheat production in Argentina may drop to 11.5 million tons. Argentina wheat production is set to dip by 17 percent in 2012. The farmer's shift to other lucrative crops and export curb by govt. has caused the fall.

It may boost wheat price in global market. Area coverage under wheat in Argentina is 3.7 million ha. lower by 20% from last year.

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