Cocoa futures’ flying start to November will soon run into thin air, as export snarl-ups are resolved, Commerzbank warned, even as New York futures fell from six-month highs, and London ones from a 21-month top. New York cocoa...
Read MoreNov 11, 2022 | News
Growth in US farmland prices slowed over the summer, and is expected to keep cooling as higher interest rates and input costs state to bite, central bank surveys showed. Prices of “good” farmland grew by 20% year on year in the...
Read MoreThe gap in wheat fortunes between the southern hemisphere’s top two growing countries widened even further as Australia’s top producing state received a harvest upgrade, while Argentina’s crop was downgraded again. In Western...
Read MoreThe cane crush in Brazil’s key Centre South region accelerated even faster than investors expected in the last half of October, and should play catch-up with last season by the end of this month. Crushers in the Centre South,...
Read MoreShould wheat buyers stick or twist? Algeria’s OAIC grain authority this week opted to hold, in terms of accepting wheat offers to its latest tender, and bought 510,000 tonnes of the grain. Sure, the $368 per tonne it paid,...
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