Robusta futures narrowed further their discount against arabica ones, amid concerns of a squeeze on Vietnam’s supplies which have driven local prices to a four-year high. London robusta futures for September on Friday stood at...
Read MoreBrazil ditched expectations of a rise in sugar output this season, as it slashed hopes for its cane harvest to an 11-year low, citing damage from lingering weather upsets, and a switch by farmers to growing corn and soybeans....
Read MoreDeere & Co shares eased after the agricultural machinery giant unveiled worse-than-expected results and cut its earnings hopes for 2022, citing logistical hiccups and higher factory costs. The US-based group, the maker of...
Read MoreAug 18, 2022 | News, Corn and coarse grains, Wheat |
The International Grains Council became the latest commentator to slash forecasts for Europe’s corn harvest as it warned that world grain stocks would shrink to an even smaller eight-year low than previously expected. The...
Read MoreMarex, the commodity broker which shelved an IPO last year because of “challenging” market conditions, flagged its own ability to ride out volatility, as it unveiled record half-year results. The London-based group, which is...
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