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,...

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...

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...

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...

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...

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...