Shares in Beyond Meat tumbled after the maker of plant-based burgers revealed it was to slash nearly one-fifth of its workers, thanks to a decision by cash-strapped consumers to switch to animal meat. The California-based group...
Read MoreThis year’s loss may be next year’s gain – at least, in terms of sugar production in Brazil’s key Centre South. The region, responsible for some 90% of sugar output in the world’s top producing country, looks to be heading...
Read MoreOct 13, 2022 | Markets expresso, Wheat
Just how big is Russia’s wheat harvest? Some commentators such as SovEcon have been raising their forecasts for the harvest, to 100m tonnes. But not the US Department of Agriculture. In its monthly Wasde report, it stuck by a...
Read MoreOct 13, 2022 | News, Soybeans and oilseeds
India’s important vegetable oil industry group urged the government to ditch an extension to reduced tariffs on palm oil, and lift a ban on futures trading, after imports surged by 18% to their highest in a year. India, the top...
Read MoreSuedzucker, unveiling a leap in profits, said it retained a “positive” outlook on the world sugar market, despite increased expectations for the world sugar surplus in newly-started 2022-23. The German-based group, which is...
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