Ukraine 'to limit grain exports due to drought'
Monday 30th of August 2010 10:42:45 AM
Posted by admin / Under Wheat Grass Juicer
| KIEV — Ukraine is set to limit wheat and barely exports to 3.5 million tonnes from now until the end of the year due to the impact of a severe drought, the agricultural policy ministry said on Tuesday. "We are proposing to allow the export of 2.5 million tonnes from now until the end of the year," said Agricultural Policy Minister Mykola Prysyazhnyuk, adding that one million tonnes currently held in ports would also be exported. He said that the issue would be discussed at a cabinet meeting on Wednesday, the Interfax-Ukraine news agency reported. The quota would come into... |
Wheat rally will not lure China, India to dump stocks
Monday 30th of August 2010 10:42:45 AM
Posted by admin / Under Wheat Grass Juicer
| Fears of food inflation and tighter global supply make China and India, holders of nearly half the world's wheat reserves, reluctant to send large volumes to market despite surging prices that offer a huge opportunity. The world's most populous nations, China and India are estimated to finish the 2010/11 crop year with a combined stockpile of around 78 million tonnes, 44 percent of the world total of 175 million, the U.S. Department of Agriculture says. But they will probably defend that stockpile in the face of rising consumption. "I don't think China will be an exporter because of increasing domestic... |
Foreign Demand For U.S. Wheat to Rise 36%
Monday 30th of August 2010 10:42:45 AM
Posted by admin / Under Wheat Grass Juicer
| The drought decimating Russia's grain crop is helping put more money into the pockets of U.S. farmers and leaving the world more dependent on the U.S. harvest. The U.S. Agriculture Department said Thursday it expects U.S. wheat exports to soar 36% amid higher prices, and in a rare move raised its one-month-old harvest forecasts and price forecasts for several major U.S. crops, including wheat, corn, and soybeans at the same time. "The U.S. is an island of supply in a year of very big demand," said Daniel W. Basse, president of AgResource Co., a Chicago commodity forecasting concern. Higher prices... |
ANALYSIS-Grain price rise may fuel Mideast, Europe unrest
Monday 30th of August 2010 10:42:45 AM
Posted by admin / Under Wheat Grass Juicer
| LONDON, Aug 11 (Reuters) - Rising grain prices from Russia's drought and fires will pressure populations already hit by the financial crisis and could stoke unrest -- particularly in the Middle East, North Africa and parts of Europe. Wheat prices have risen by nearly 70 percent since June after Russia suffered its worst drought in 130 years and are at their highest since 2008, when the last major food price rally sparked protests and riots in a string of emerging nations. |
American Kulaks (Wickard v. Filburn)
Monday 30th of August 2010 10:42:45 AM
Posted by admin / Under Wheat Grass Juicer
My friend the Crazy Uke is a mortgage guy; he’s getting me another refi. Years ago - oh, decades - we sat up all night in the back booth of a college restaurant and argued politics; now we sit around the kitchen table of the house he helped us buy, sign endless forms and documents, then pour a drink and agree about politics. I changed. He didn’t. As the son of Ukrainian DPs, he had anti-Soviet and anti-statist ideas poured into his marrow as he grew up, and his accounts of his parents’ lives during the famine and the war...
Wildfires Highlight Dysfunctional Russia
Monday 30th of August 2010 10:42:45 AM
Posted by admin / Under Wheat Grass Juicer
| As forest wildfires blaze across western Russia, levelling homes and villages and leaving Moscow, the capital, swathed in acrid smog, an anonymous blogger has captured the mood of many. “Under the communists ... we had three fire ponds, there was a bell people rang if a fire started and ... a fire engine – one between three villages, it’s true, but there was one,” railed the blogger, from the rural Tver region north-west of Moscow. Today, he said, the ponds and fire engine were gone and the bell had been replaced by a telephone that had never been connected. The... |
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