Food Price Increases Threaten World Stability

[sharon sanders]

European wheat tracks weather gains in Chicago

Thu Oct 18, 2012 8:25am EDT
PARIS, Oct 18 (Reuters) - European wheat futures rose on Thursday as
spillover support from weather-driven gains in U.S. prices offset strength in
the euro.

snip

Chicago wheat futures rose for a second straight session as concerns
returned about dry conditions in U.S. and Australian wheat belts and as the
dollar eased amid improving economic sentiment.

snip

Britain is on track to become a net wheat importer in the 2012/13 season,
for the first time in more than a decade, following a poor harvest this summer,
with customs data showing imports far outstripped exports in August.

more...

http://www.reuters.com/article/2012/10/18/markets-grain-europe-idUSL5E8LID1K20121018

 

[sharon sanders]

Re: Food Price Increases Threaten World Stability

Soybeans Rise for Third Day as Chinese Demand May Be Sustained
By Luzi Ann Javier and Rudy Ruitenberg - Oct 18, 2012 6:53 AM ET


Soybeans rose for a third day in Chicago as signs of a stabilizing economy in China, the world?s biggest importer of the oilseed, fueled speculation demand from the country may be sustained. Wheat and corn climbed.

more...

http://www.bloomberg.com/news/2012-...-as-supply-set-to-fall-after-u-s-harvest.html