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Commodity markets moved mostly higher Thursday morning

Corn futures backed away from early highs. Surging equity markets reflect renewed optimism about the global economic & political outlook, which in turn seems bullish for grain demand prospects. Corn futures rallied significantly in early morning action, but have slumped a bit in the wake of the mediocre result on the weekly USDA Export Sales report. March corn futures rose 2.5 cents at $4.1075/bushel late Thursday morning, while July added 2.5 to $4.2575.


DuSolo signs purchase agreement for natural fertilizer facility

DuSolo Fertilizers Inc., (DSF) announced that it has entered into an agreement whereby DuSolo will acquire 100% ownership in the Direct Application Natural Fertilizer ("DANF") facility currently under lease and in operation at the Bomfim Project.


Wheat is again leading the crop markets higher

Renewed economic optimism is boosting most markets. Concern about the global economic & political situation and underlying demand has weighed on corn futures lately. However, yellow grain prices rallied in early trading as the energy and equity sectors led markets higher. Surging wheat futures likely contributed to the corn gains. March corn futures rallied 5.25 cents at $4.135/bushel Wednesday night, while July added 5.25 to $4.285.


iConcept unveils remote sensing application

iConcept is excited to unveil its Remote Sensing application, a tailor-made solution especially for agribusiness enterprises. The solution helps enterprises capture, analyze and share crop acreage and crop production data.


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