Industry prices Crop production Global supply China cotton daily news. |
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2. Uganda: Govt to Stop Cotton Exports THE government is considering instituting a ban on cotton exports as a measure to rejuvenate local cotton markets in the country. We can even ban exports to provide ready markets for our people especially the cotton farmers across the country. However, several of the MPs expressed concern about the move, saying the textile industry had attracted the least investors for the last 20 years and that there is a need for urgent government intervention to help Uganda grow into a textile giant and...
Source • AllAfrica.com,Washington •
3. WASDE: Lower Cotton Production, Higher Exports In contrast, exports are projected to rise nearly one third to 17. While the planted area reported in Prospective Plantings was more than 20 percent below last season, the proportion of acres harvested is likely to rise due to favorable soil moisture conditions in the Southwest. The world 2007/08 projections show consumption increases outstripping production, resulting in a stocks decline of 8.5 percent. The yield per harvested acre is projected at 820 pounds, reflecting the most recent...
Source • CattleNetwork.com,KS •
4. Rising rupee bruising India's commodity exports But it has also risen as investors sold dollars for the local unit to tide over a squeeze in the money market intended to trim price pressures in the economy. NEW DELHI (Reuters) - Indian exporters of major farm commodities, including rice, soymeal, sugar and cotton, are being hit by a rising rupee, and traders urged the government to intervene to protect their margins. A spokesman for India's trade minister said last week he had written to the prime minister seeking measures to limit the...
Source • Reuters India,India •
5. India may surpass US in cotton exports to China Kishorilal Jhunjhunwala, president of the East India Cotton Association, said that India s exports to China in the seven months from October 2006 stood at 2.5 million bales (one bale equals 170 kg), slightly lower than 2.6 million bales sold by the US to Beijing. NEW DELHI: India may overtake the US as the largest cotton exporter to China, the world s top consumer, this year but a recent surge in rupee s value against the dollar could halt its march in becoming the market leader....
Source • Economic Times,India •
6. DTN , a leading business-to-business provider of real-time market, news and weather information services, today ... DTN will provide QuickFarm's customers with advanced DTN agribusiness marketing tools, as well as real-time commodity and futures information, in-depth market analysis and real-time, localized weather information. Minneapolis, Minnesota May 17, 2007 Acquisition offers customers access to marketing tools as well as real-time futures and commodity information, market analysis and weather information. The products are designed to help agribusinesses enhance communications with customers and...
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