Arabica coffee futures “may have further to fall”, Fitch Solutions warned, even as prices hit their lowest in 16 months, but restated a forecast for prices to stage some recovery in 2023. The analysis group stood by a forecast...
Read MoreNov 18, 2022 | Analysis, Corn and coarse grains, Soybeans and oilseeds |
US corn export commitments have made a slow start to the season “as feed inflation is exacerbated by a strong US dollar”, Rabobank said this week. (This as the bank unveiled a “bearish call” on the grain’s 2023 price outlook.)...
Read MoreOptimism is high among Brazilian coffee and sugar producers. Take evidence from fertilizer purchasing behaviour. Nutrient deliveries by Fertilizantes Heringer, one of the country’s top fertilizer distributors, overall fell by...
Read MoreNov 18, 2022 | News, Corn and coarse grains, Wheat |
European Union wheat production prospects for 2023 will be undermined by an easing in sowings, but face a potential boost from a yield recovery from this year’s disappointing levels, Strategie Grains said. The French-based...
Read MoreNov 17, 2022 | News, Corn and coarse grains, Soybeans and oilseeds, Wheat |
Wheat futures represent the best bet among grains for 2023, Rabobank said, even as futures tumbled, undermined by the renewal of the UN-brokered Ukraine export deal. The bank said that wheat prices will remain “well supported”...
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