International market prices of agricultural products continued to rise

 2010 the international market in the second half of wheat, corn, soybeans, cotton and other major agricultural prices rise, wheat, soybean prices rose to two years high, cotton, sugar rose to a record high. Recently, a strong international market prices of agricultural products continued to run, compared with early January, wheat, corn, soybeans, cotton, both the rise in the cotton futures prices hit a record high. From the latter perspective, corn, soybeans, cotton, sugar and other agricultural products still face greater upward pressure.

food: since January 2011 to accelerate some of the major importing countries import wheat, heavy rains in eastern Australia, the international market, wheat prices continued to rise, breaking the second half of 2010 to the highest level in two years. January 24, U.S. hard wheat spot, soft red winter wheat futures prices were $ 328 / ton, 307 U.S. dollars / tons, the highest since August 2008 prices, compared with early January were up 5.8%, 5.2%.

by the international oil prices and the U.S. Department of Agriculture reported in January lowered the global corn production and other factors, international market since January maize prices continue to rise. January 24 the U.S. market corn cash and futures prices were $ 248 / ton, 257 U.S. dollars / ton, up 5.0% early, 4.1%.

soybean: by the weak dollar, the U.S. Department of Agriculture in January reported substantially lower production and ending stocks of soybeans, soybean prices rose to 2 ? years to a new high. January 24, U.S. soybean spot and futures prices were $ 489 / ton, 516 U.S. dollars / ton, respectively, increased by 2.7% in early, 2.6%.

Cotton: In mid-December 2010 rose to a historic high of international cotton prices, down slightly from a high level by the end of December, the United States since January 2011 the main cotton producing area appears dry weather, the market for cotton production concerns re- aggravated promotion of cotton prices continue to rise, futures prices hit a record high. January 24, the United Kingdom and the United States Cotton Outlook Index futures prices were 185.7 cents / lb, 162 cents / lb, respectively, than the early levels increased by 9.2%, 13.8%, of which the historical highest spot price is slightly lower from the previous month 0.3 %, the futures price is the highest in 150 years.

sugar: late December 2010 the international price of sugar rose to record highs, the recent high is still lingering. January 24, 2011, the New York raw sugar futures price is 32.31 cents / pound, up by 4.2% in early, lower than the record level of about 6%.

1 month, Algeria bidding 60 million tonnes of wheat in eastern Australia, heavy rain continued to delay the wheat harvest; and concern of the U.S. Department of Agriculture January report will be significantly reduced global corn production 470 tons, the soybean crop reduced by 225 million tons, ending stocks are lowered 184 million tons, with international oil prices exceeded 90 dollars a barrel mark; cotton market, the U.S., strong demand from China, the United States and other places in Texas abnormal dry weather, wheat, corn, soybean, cotton market more favorable to form, leading to international markets since January agricultural prices continue to rise. From the latter, the recent Australia, Brazil, two of wheat, cotton, subjected to heavy rains in major producing countries, the market for wheat, cotton production has not yet subsided concerns; second-largest sugar producer in India, poor harvests, and may limit the post- sugar exports; and short-term U.S. Department of Agriculture report on soybean, corn production is still difficult to eliminate the impact of reduction. Overall, post-international agricultural prices will continue to face greater upward pressure.

of: Zhu Xianfeng