Optimism 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”...
Read MoreMaybe the Ukraine export rollover deal wasn’t so momentous after all. At least, so markets are suggesting. While wheat futures prices initially tumbled, as might be expected after Russia and Ukraine agreed an extra 120-day...
Read MoreNov 17, 2022 | News, Cocoa, Coffee, Corn and coarse grains, Cotton, Dairy, Soybeans and oilseeds, Sugar, Wheat
Coffee, cattle and wheat futures look poised to outperform in 2023, which will be marked by “acute volatility” in agricultural commodity markets braving a “cocktail of prevailing headwinds”, Rabobank said. The agricultural...
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