He said that domestic prices were half the international prices, so most growers in Pakistan were not bringing wheat into the market, thinking that they can sell it at a better price across the border. Farmers in Pakistan, the world s sixth-largest wheat consumer, will harvest 24 million tons of the grain in the marketing year that started on July 1, up 3 per cent from last year s record of 23. In the international market, wheat price has been rising since mid-summer when it became...

After losing early corn and wheat crops to a late Easter freeze, farmers now are harvesting cotton crops often producing less than one-half their normal yields. Moore said this year's overall statewide cotton production is estimated to reach just 780,000 total bales, down 44 percent from last year. HUNTER nhunter@jacksonsun.com Tony Williamson pulled the few strands of cotton fiber from a heat-cracked boll and shook his head in disgust. Lower cotton yields throughout Tennessee could...

Although some can offer convincing arguments that global demand growth is outstripping our ability to produce some commodities, the short answer to the question is we have not entered a new era of permanently higher commodity prices and prices will fall, but probably not to previous levels because production costs have risen. Although some can offer convincing arguments that global demand growth is outstripping our ability to produce some commodities, the short answer to the question is we...

A United Nations expert has condemned the growing use of crops to produce biofuels as a replacement for petrol as a crime against humanity. But the trend has contributed to a sharp rise in food prices as farmers, particularly in the US, switch production from wheat and soya to corn, which is then turned into ethanol. It was, he said, a crime against humanity to divert arable land to the production of crops which are then burned for fuel. Within that time, according to Mr Ziegler,...

NAGPUR: India's edible oils imports may cross 12 million tonnes by 2015 from 5.5 million tonnes now, if oilseeds production in the country is not raised, a trade industry member said on Saturday. But stagnating local production would mean more imports would be needed, Jain added. India's edible oil demand is likely to touch 20 million tonnes by 2015, up from the current demand of about 13 million tonnes as population rises, said Davish Jain, chairman of Central Organisation for Oil...