Forecasts that this season’s Brazilian cane crush will extend longer than the last one began to crystalise as data showed mills’ sugar production soaring by 59% year on year, despite “consistent” rains. Mills in Brazil’s Centre...
Read MoreIs Cofco overoptimistic on Brazilian sugar? Certainly, for mills in Brazil’s Centre South to crush the 550m tonnes of cane in 2022-23 that the Chinese trader forecast on Monday looks a stretch, It is that getting it...
Read MoreOct 25, 2022 | News, Companies, Corn and coarse grains, Soybeans and oilseeds, Wheat |
Archer Daniels Midland raised its profits forecast as it reported a near-doubling in quarterly earnings, after a surge in profits at its core agricultural services business helped by Argentine farmers’ soybean-selling spree. The...
Read MoreOct 25, 2022 | News, Corn and coarse grains, Soybeans and oilseeds, Wheat |
The return of rains to much of Europe has helped winter grain sowings get off to a promising start but proved a mixed blessing for rapeseed, and came too late to revive corn and sunflower fortunes. Many regions in Europe,...
Read MoreOct 25, 2022 | Cocoa, Coffee, Corn and coarse grains, Cotton, News, Soybeans and oilseeds, Sugar, Wheat |
A hedge fund selldown in arabica coffee accelerated to the fastest pace on record as rains buoyed hopes for Brazil’s 2023 crop, while economic concerns undermined demand expectations. Managed money, a proxy for speculators, cut...
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