The 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...
Read MoreDec 6, 2022 | News, Corn and coarse grains, Soybeans and oilseeds
Hopes for Brazil’s 2022-23 soybean crop took a, rare, step backwards as dryness trimmed expectations for production in Mato Grosso, the top producing state. Imea, the state research institute, downgraded by 355,000 tonnes, to...
Read MoreCoffee futures showed signs of buoyancy on Monday, after a month which cash prices chalked up their biggest loss in 14 years, led by a 14.8% plunge in values of Colombian mild arabica beans. New York arabica coffee futures for...
Read MoreDec 5, 2022 | News, Soybeans and oilseeds, Wheat
Australia lifted its wheat export forecast by nearly 3m tonnes, and hiked its forecast for canola shipments to a record high, as it lifted its harvest estimates – although issued some caution on crop quality. Abares, the...
Read MoreDec 5, 2022 | Data, Data 2023-24, Data 2023-24 Brazil, Data 2023-24 Brazil - coffee
For Brazil coffee estimates for 2022-23, click here. Brazil coffee balance sheet Analyst Arabica output Robusta output Total output Exports Date of estimate SpillingTheBeans “10-20% recovery” 50-56 December 1 2022...
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