Australia’s sorghum shipments will set a record high by even more than had been expected, boosted by “strong” demand from China’s burgeoning pig herd, and weakened competition from the US, which recorded its lowest yield in 58...
Read MoreWhole milk powder futures fell back as investors reacted to GlobalDairyTrade auction results which showed only a small gain in dairy prices, as top importer China remained only a subdued buyer. SGX NZX whole milk powder futures...
Read MoreDec 7, 2022 | News, Soybeans and oilseeds |
Indonesia’s palm oil production will recover less than had been thought this season, although exports will beat expectations nonetheless, spurred by enhanced Chinese demand. Palm oil output in Indonesia, the world’s top...
Read MoreDec 6, 2022 | Markets expresso, Dairy |
Prices rose at the penultimate GlobalDairyTrade auction of 2022. But not by much. The 0.6% gain at Tuesday’s event left prices still well adrift – by 31% – of the 14-year high reached in March. Prices of whole milk powder,...
Read MoreThe correction in cotton prices is past its worst, Abares said, even as the bureau cut its forecast for world consumption of the fibre, citing a “sluggish economic outlook” and growing inventories. The official Australian...
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