19. Weiqiao Textile Announces 2006 Annual Results HONG KONG--(BUSINESS WIRE)--Weiqiao Textile Company Limited ( the Company or Weiqiao Textile ) and its subsidiaries, collectively the Group ) (HKEX: 2698), the largest cotton textile producer in China, today announced its annual results for the period ended December 31, 2006 (the Period ) HONG KONG--(BUSINESS WIRE)--Weiqiao Textile Company Limited ( the Company or Weiqiao Textile ) and its subsidiaries, collectively the Group ) (HKEX: 2698), the largest cotton textile producer in China,...
Source • Business Wire (press release),CA •
20. Malawi: tobacco industry going up in smoke The southern African country is a major tobacco exporter in the world, accounting for five percent of the world's total exports and two percent of world's total production. Tobacco prices and production levels are dropping amid pressure from the anti-smoking lobby and the general downturn in agricultural produce markets. Green gold is the term that Malawians use for the country's tobacco. The nation derives up to 70 percent of its foreign exchange earnings from the crop and 80 percent of...
Source • Africa News,Netherlands •
21. WEEKEND COMMODITIES REVIEW Despite the market's penetration of prior resistance and breaking through 50% price resistance, this remains a market that is overbought and deep into a dead cat bounce that is likely to see a severe selloff. At this point, however, it is not worth the risk of a major price spike overnight from issues with Iran, and therefore selling premium should be limited to very deep out of the money options (selling $90 June crude calls for $300 would fall into that category and be a steal at current...
Source • FXstreet.com The Futures Market,Spain •
22. Tennessee farmers to plant 42% more corn in 2007 Favorable price forecasts are one driver behind the increase and shift from cotton to corn. Some concerns over tight corn seed supply and increasing input costs for fertilizer and fuel are holding back the corn acreage increase from rising higher. The 42 percent increase in corn acreage, much of which is also being driven by the expected demand from growth in alternative fuels, is the largest year-over-year increase since 1986. Corn acreage in Tennessee is expected to increase to its...
Source • 3/29/2007 •
23. What 07 corn rush means to you The price of ethanol generally follows the price of gasoline, which in turn is tied to the price of oil, economists say. However, increased corn acreage will help moderate grain prices, and that keeps livestock farms and ethanol distilleries financially healthy, Hart said. Friday's numbers were welcome news to livestock producers, although they'll be watching nervously to see if farmers grow as much as they've told the Department of Agriculture they will. Barring bad weather, that's good...
Source • The Des Moines Register •
24. Economic Outlook: Competition from China squeezes developing countries By Helen Murphy, Christopher Swann and Mark Drajem Bloomberg News Published: April 2, 2007 E-Mail Article Listen to Article Printer-Friendly 3-Column Format Translate Share Article Add to Clippings Text Size BOGOT : Three years ago, the textile plant that Freddy Romero Ramirez runs in Bogot exported 234,575 meters of fabric for suit linings, enough for about 156,000 suits. By Helen Murphy, Christopher Swann and Mark Drajem Bloomberg News Published: April 2, 2007 E-Mail Article Listen to...
Source • International Herald Tribune •
25. Record US Corn Crop That will be welcome news for Australia's cotton growing industry which is battling low returns caused by the impact of drought forcing production cuts. Why has this happened? The doubling in the corn prices over the past year and increasing yields means farmers get more from the grain than from other crops: the surge of demand from the ethanol industry has amplified this situation. It seems some speculators misread the market and were caught off guard when it became apparent the size of...
Source • Asia Corporate News Network (press release),Australia •
26. Vintage polos at vintage prices So when my daughter, Emily, announced during March break she really needed a new long-sleeved Lacoste shirt for spring the new clothes she got for back-to-school last fall will be just right if the Don River floods in the next few weeks there was only one answer. If you're talking shirts, preppy is synonymous with Lacoste, and acquiring a new polo shirt with its classic green crocodile logo means spending upwards of $115. That's a lot of weekly allowance payments for a teen growing faster...
Source • Toronto Star,Canada •
27. Cotton under pressure from WTO, competition The WTO negotiations pit America, which complains of excessive tariffs on its agricultural exports, against developing countries who complain of heavy governmental subsidization of the U. cotton is exported, and critics say a farm bill proposed by the U. The goal of such a move would be to harness market forces in assessing risk at given crossings and coming up with more innovative ways of protecting the public. Africa has 15 million cotton farmers. While the company put a good face on it,...
Source • The Decatur Daily,AL •
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