Thu, 23 Feb 2012 04:10:00 +0400
Stock exchange news, corn. February forecast of US Ministry of Agriculture on world corn production during the season 2011/12 has dropped by 3.95 mln. tons to 864.11 mln. tons, which still remains a record high figure. Till next crop global stocks of corn in Northern hemisphere will be lower than expected, as dry weather has destroyed a part of crop in South America.
The largest production growth is observed in the EU (by 210 ths. tons up to 64.52 mln. tons). At the same time Argentine’s production has dropped by 4 mln. tons to 22 mln. tons, whereas in China the figure remained at the point mentioned in January forecast – 191.75 mln. tons. Despite the fears of experts, corn crop is Brazil is expected to be at the point of previous month – 61 mln. tons, which considerably exceeds last year’s result (57.5 mln. tons).
During the season of 2011/12 global corn export is expected to amount to 94.93 mln. tons, just as predicted in January. However, in this reference, US export may rise by 1.27 mln. tons up to 43.18 mln., and in Ukraine it may rise by 2 mln. tons up to 14 mln. tons. However, Argentine’s export will drop by 4.5 mln. tons up to 14 mln. tons.
The forecast on global ending stocks of corn has dropped by 2.79 mln. tons to 125.35 mln. tons. This is the lowest point since the season of 2006/07 when ending stocks amounted to 110.217 mln. tons. The shortage of stocks will mostly happen due to the USA (by 1.14 mln. tons to 20.35 mln. tons). EU countries will experience considerable rise of ending stocks (by 0.71 mln. tons up to 5.91 mln. tons).
Experts have already called this February forecast on corn as neutral, for global and US ending stocks have approved higher than expected by experts and traders.
Last week corn and wheat have dropped in price after USDA report, which predicted sufficient world stocks of grain despite non-favourable weather conditions in South America and Black Sea region.
According to the analysts of the Department of Derivatives Trading within Masterforex-V Academy, farmers may lose an opportunity to sell corn by the price that is higher than historic norms. Strongly set dollar favours price drop.
You are free to discuss this article here: forum for traders and investors
If to believe the edition named The Verge, this week Nokia is going to decide the fate of its brand. This is going to happen within the scope of the forthcoming conference named Slush, which is to take place in Finland in a couple of days. This conference gathers Finnish startups.
Google introduced the first 3 smartphones within the scope of the program called Android One in September 2014. Those devices do not stand out from the crowd in terms of their tech specifications. Still, they are powerful enough to perform basic functions, including browsing the web and communication in social networks, Market Leader reports.
According to some online sources specializing in hi-tech news, BlackBerry, once a major player in the international industry of mobile devices, is reported to be working on a new smartphone. This one is said to be called BlackBerry Rio. This is probably going to be a premium-class device, Market Leader reports.
When you trade binary options on any underlying asset, including Forex or stocks, you belong to a growing international army of successful and well-off traders. Why? This is because more and more traders switch to binary options since they are more convenient, faster, more intuitive, simpler and easier to trade and handle. This concerns multiple aspects, from risk management to building strategies. that is why binary options traders can see their financial performance improving drastically since they have come to this environment.
Beats Music, a music streaming service recently purchased by Apple, is going to become an inseparable part of iOS, The Financial Times reports. If to believe the information provided by the reputable edition, this is going to happen in early 2015, Market Leader reports.
Oil prices are reported to be growing amid positive US economic performance seen recently, Market Leader reports.
First of all, it should be noted that many people associate Mozilla and its Firefox browser with Google. Indeed, Google has invested a lot of money in Mozilla's products over the last couple of years. The sum was really huge - at least $100 000 000 a year. This was the fee for Google's privilege of remaining the default search engine in Mozilla Firefox.
As the time goes by, Microsoft keeps on getting rid of any mentioning of Nokia regarding Microsoft's business. The tendency started from the popular Lumia series of mobile devices (smartphones). Now, the corporation seems to have switch to their gadgets, Market Leader reports. The thing is that many mobile devices created by Nokia, including Series 40 and Series 60 as well as Symbian-powered smartphones and the Nokia X / Nokia Asha series still have the access to the Nokia Store, which shouldn't be the case.
Mobile payment systems have been around fro a while and are still getting increasingly popular worldwide. with that in mind, the world's biggest tech giants are trying to get into the niche, which is expanding at an unprecedented rate. It is not accidental since payments with mobile devices via touch-to-pay terminals are convenient and secure.
7 month later, after Nokia sold its mobile business to Microsoft, the Finnish tech giant Nokia is entering the market of consumer electronics again. On November 18th, Nokia introduced its first tablet powered by Android 5.0. it is named Nokia N1.