African Swine flu is having a global impact on pork production and trade.
The latest WASDE (World Agricultural Supply and Demand Estimates) from the USDA provides an initial assessment of the agricultural outlook for 2017/2018. Global wheat supplies are projected to decline fractionally as higher beginning stocks are more than offset by a production decline following last year’s record. Global wheat production is now projected at 737.8 million […]
Farm prices are continuing to come under pressure across markets, the latest World Bank pink sheet data gives beef prices for August 18% down on August 2014, sheep meat prices down 21%, and soyabeans down 17%. Milk prices have also fallen again. The FAO Dairy Price Index for August was down by 9.1% on July – […]
The Chinese government is continuing to take steps to fight against a slowing economy – with an announcement to stimulate growth, by cutting the reserve requirement ratio for banks. This it hopes will boost lending by adding more liquidity into economy. The latest IMF economic outlook figures (April 2015) forecast that GDP growth in China is expected to […]