Peru is poised to boost copper output as global demand outstrips supply Glencore, the commodities trader whose May initial public offering raised $10 billion, has just paid $475 million in cash to CST Mining Group for a 70% interest in Marcobre S.A.C., sole owner of...
US cattleman urges action on FTAs as competitors vie for overseas markets The US agricultural sector pressed its case for ratification of pending free trade agreements with Colombia, Panama and South Korea before the US House of Representatives Committee on...
Trade data can shed light on a low-profile company’s x-border commerce Back on April 7, we took a look at what Datamyne trade data can reveal about Colombia’s consumption of US exports. We noticed then, but didn’t comment on, the fact that three of Colombia’s top five...
The fate of GMO sugar beets is still being argued in court US growers getting ready to plant this year’s sugar beet crop have, since last year’s harvest, seen official permission to plant GMO [genetically-modified organism] beets challenged in court, rescinded,...
USDA 10-year agricultural projections concede major role to ethanol and biodiesel The US Department of Agriculture just released its long-term forecast for the farm sector. USDA Agricultural Projections for 2011-20 cover sector indicators, commodities, and trade. Key...
Corn ethanol is cast as a culprit in rising food prices (again) A Financial Times report from the Commodity Markets Council annual meeting (this week in Palm Beach) notes that Dodd-Frank financial system reforms top the list of worries for the commodities futures...
Sorting out possible causes as yet another global food crisis looms The world’s poorest are at risk of being priced out of the market for food because … we’re burning corn and other staple crops for biofuel … the rising middle classes in the BRICs and beyond are...
… recent developments in stories we’ve covered … Tug of War over PotashCorp BHP bid signals realignment in global N-P-K sector posted August 31st 2010 Update: Saskatchewan-based PotashCorp has filed suit against Anglo-Australian BHP Billiton in a U.S. district court...
A U.S. federal court ruling is a global market changer Global sugar supplies were already tightening because of the Russian drought, Pakistan’s floods, and weather delays at the ports of top exporter Brazil, when a potentially huge hit to U.S. stocks emerged from the...
WTO figures show decline in January-February, sharp rise in March The value of world merchandise trade was around 25% higher in the first three months of 2010 than in the same period of 2009, according to World Trade Organization (WTO) figures released June 2. Global...
