Whole milk powder futures fell back as investors reacted to GlobalDairyTrade auction results which showed only a small gain in dairy prices, as top importer China remained only a subdued buyer. SGX NZX whole milk powder futures...
Read MoreDec 7, 2022 | News, Soybeans and oilseeds
Indonesia’s palm oil production will recover less than had been thought this season, although exports will beat expectations nonetheless, spurred by enhanced Chinese demand. Palm oil output in Indonesia, the world’s top...
Read MoreDec 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...
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