Dec 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...
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...
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