Ukraines Share In World Pea Production Declines 4% in 2019

Peas were one of the most profitable pulse crops in Ukraine in 2015-2016. However, following a 2017 peak in production, their profit margin plunged to a negative value in 2018 – only sugar beet cultivation was more loss making then.Pea production started declining from 2018. Export potential of the record 2017 crop was not realized […]

Weekly Silver Review: COMEX Futures Tank To Four Month Low

COMEX Silver futures stayed weak on broad demand concerns. Industrial sector worries are playing a role in keeping the metal under check. Germanys industrial production decreased 1.7% on a monthly basis in October, bigger than the revised 0.6% fall logged in September, data from Destatis revealed. On a yearly basis, industrial output declined sharply by […]

Agri Buzz: Rabi Acreage Up More Than 1%

According to data released by the Agriculture Ministry as against 413 lakh hectares (lh) sown in the same week in the previous year, farmers across the country covered 418 lh as on 6th December 2019, recording a small rise of 1.24% year-on-year. Area under Wheat surged 4.29% to 202.54 lh while the total acreage under […]

Goldman says case to diversify with gold ‘as strong as ever’

By Yvonne Yue Li Goldman Sachs Group Inc. said investors should diversify their long-term bond holdings with gold, citing “fear-driven demand” for the precious metal. “Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever,” Goldman analysts including […]