Archive for April 1st, 2011

U.S. March all wheat up 20¢ at $7.63 a bushel

WASHINGTON, D.C., U.S. — The preliminary national average price received by farmers for all wheat in March was $7.63 per bushel, up 20¢ from $7.43 in February, mainly the result of a surge in spring wheat prices, and up $2.93 from $4.70 in March 2010, the U.S. Department of Agriculture (USDA) said in its latest Agricultural Prices report.

The average price paid for winter wheat in March was $6.82 a bushel, down 21¢ from $7.03 in February 2011 but up $2.37 ...

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Agri. Minister calls on society to…

‘Beware of LCDS detractors’
– during Regional Technical meeting on Refrigeration 

AGRICULTURE Minister Robert Persaud has encouraged participating countries to protect their environs in contributing to sustainable development as they seek to comply with protectionary measures for the ozone layer. He was at the time addressing a Regional Technical meeting on Refrigeration at the Grand Coastal Inn, Le Ressouvenir, East Coast Demerara which attracted participants from Haiti; Suriname; Guyana; Trinidad and Tobago; Grenada; Barbados; Bahamas; Antigua and the CARICOM Secretariat.

Guyana in ...

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GHL turns around with $425m boost

Local insurance group Guardian Holdings Ltd has turned itself around and back into profitability.

The group’s net profit after tax for its year ended December 31, 2010 stood at $425 million.

This was its best performance since 2004, GHL chairman Arthur Lok Jack said in the company’s published financial statements yesterday.

“This impressive turnaround compares to (2009’s) loss of $824 million, which was driven primarily from the loss on disposal of Zenith Insurance Company,” he said.

Zenith was GHL’s motor insurance subsidiary, based in ...

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