Vietnam’s coffee harvest will fall short of earlier expectations, curtailed some traders believe by farmers scrimping on applications of high-priced fertilizers – although exports will remain firm. Hopes have run high for most...
Read MoreGrainCorp forecast another “large” year for its Australian grain exports, despite the “devastating flooding” hitting the current harvest, which it acknowledged would undermine both crop quality and quantity. The grain...
Read MoreWhole milk powder futures rose on Wednesday, after the “surprise lift” in prices at GlobalDairyTrade, although ASB cautioned investors against expecting a “sustained” recovery until Chinese demand revives. SGX NZX whole milk...
Read MoreNov 15, 2022 | Markets expresso, Dairy |
Prices rose by 2.4% at GlobalDairyTrade, their first gain in two months, and overcoming fears over soft demand from China, the top dairy importer. The gains were led by skim and whole milk powders, both of which appreciated by...
Read MoreNov 15, 2022 | Cocoa, Coffee, Corn and coarse grains, Cotton, News, Soybeans and oilseeds, Sugar, Wheat |
Hedge fund positioning data revealed the extent of the market surprise at the Ivory Coast port strike which sent futures soaring, showing that it spurred a record level of closing of short bets – many at a loss. Managed money, a...
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