14-02-2013 07:45 AM
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Sainsbury Pharmaceutical Survey Introduction Letter
Letter distributed to Sainsbury suppliers asking for details of any pharmaceuticals used on farm
12-02-2013 10:44 AM
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Commitment of Traders - 12th February 2013
The S&P Agri Index fell 0.3%, reversing three weeks of gains as managed money increased its net long position in agri commodities by 56,752 contracts to 472,503 contracts. Softs and oilseed prices were stronger than grain and livestock prices.
09-02-2013 13:51 PM
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NFU Poultry Highlights for 8th February 2013
The NFU Poultry Highlights newsletter for the 8th February 2013
07-02-2013 16:30 PM
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'Over-Cornsumption' Supports Higher Corn Price Outlook
We believe price weakness in old crop CBOT Corn offers a buying opportunity as soft export demand is more than offset by US feed consumption, which appears to be running at a pace well above the level needed to reach USDA’s forecast.
· Contractions in animal numbers have been smaller than expected, with declines in cattle numbers offset by moderate increases in other sectors.
· Stocks of non-corn feedstocks in the US are at multi-decade lows, reducing the possibility to substitute away from corn in feed rations.
· Declining demand for US corn for ethanol and export will not provide enough supply to prevent the need for further rationing of feed use
· Hog and poultry producers are expected to maintain animal numbers as the profitability outlook improves into mid-2013, although nearby margins remain mixed.
02-02-2013 19:10 PM
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NFU Poultry Highlights 1st February 2013
Poultry Highlights is written by the NFU Poultry Team on a weekly basis. Please remember to quote the NFU as the source of the information if this email is forwarded on.
NFU seeks turkey farmers reports on Christmas 2012
Organic consultation launched
Review of retailer Christmas trading 2012/13
Code of conduct for odour published
Red Tractor Assurance Scheme Information available online
Highly pathogenic avian influenza found in Denmark
Central Egg Agency celebrate 35th birthday
The global compound feed market in numbers
BPC Chief Executive Steps Down
Events and Poultry Board dates
10-01-2013 13:03 PM
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Palm Reading - Record High Stocks
The Malaysian Palm Oil Board’s (MPOB) 10 January data release was bearish as higher than expected production pushed stocks to new highs for a fourth consecutive month. Malaysia’s palm oil production for the month of December was a record high of 1.78 million tonnes—up 19% YOY and slightly above average trade estimates. Fresh fruit bunch (FFB) yields fell more than 6% MOM to 1.85 tonnes per hectare but were the highest level ever reported for the month of December. Stocks rose 28% above year-ago levels to a record high 2.63 million tonnes—4% above average trade estimates.
04-01-2013 10:29 AM
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Chavereys Monthly Farming Update - January
This month's update includes: Defra publishing a discussion paper to consider the merger of the Environment Agency and Natural England. The Rural Development Programme for England has launched a £5 million dairy fund which will allow groups of dairy farmers to apply for £25,000 minimum grants and other issues.
17-12-2012 14:09 PM
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Commitment of Traders Report - 17/12/2012
The S&P Agri Index fell 2.1% as managed money reduced its net long position by 51,821 contracts to 522,793 contracts. Grains were the biggest contributor to the decline while net long positions in softs and livestock also fell.
03-12-2012 16:21 PM
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Commitment of Traders Report
The S&P Agri Index rose 1.8% as managed money continued to build its net long position in the agri commodity complex. Net long positions grew 40,218 contracts to reach 525,555 contracts for the week. Increases were concentrated in the grains and livestock complexes while net long positions in the softs complex were tempered.
28-11-2012 14:32 PM
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Commodity Outlook 2013
Agricultural markets are faced with the challenge of rebuilding global stocks next season given precariously balanced fundamentals. In order to achieve a build in stock levels in 2013, we expect prices - particularly in grain and oilseed markets - will need to move higher in Q1 to slow demand from its current pace. Higher prices during this period should also encourage increased global production, resulting in a rebalancing of fundamentals and a weaker price outlook for 2H 2013. The soft commodity markets offer more of a mixed bag in 2013, with a relatively neutral to bearish outlook for prices. Using the S&P Agri Index as a proxy for our commodity forecasts, we expect a decline in agricultural prices of around 10% between Q1 and Q4 2013. However, it is the lack of buffer stocks which leaves the market exposed to another season of extreme uncertainty and high volatility.