GFM Network News

(Giuseppe Carotenuto photo courtesy FAO)

Food commodity prices seen stable over next decade

Paris | Reuters –– Higher agricultural productivity and slightly larger crop areas in the coming decade will cover rises in food demand, leading to stable prices and a period of more restrained agricultural markets, the FAO and OECD said Monday. In their annual Agricultural Outlook report, the Food and Agriculture Organization and the Organisation for […] Read more

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USDA sees reduced U.S. plantings of corn, soy, wheat in 2015-16

Washington | Reuters –– U.S. farmers will plant fewer acres of soybeans, corn, wheat and cotton in the 2015-16 marketing year in response to falling prices, the U.S. Department of Agriculture said on Thursday. At its annual Agricultural Outlook conference, USDA forecast lower prices for most major U.S. crops following bumper harvests in 2014-15. “Consecutive […] Read more