China’s dairy imports may, to judge by a strong New Zealand export pace, show for September their first growth in seven months, pulling out of a slide attributed to Covid lockdowns and economic slowdown. Customs data this week...
Read MoreSep 22, 2022 | News, Corn and coarse grains, Wheat
Russia’s wheat harvest received a double upgrade within minutes when the International Grains Council hiked its estimate by nearly 6m tonnes – only to be eclipsed by SovEcon, which reported a 100m-tonne crop. The IGC lifted its...
Read MoreSep 22, 2022 | News, Coffee, Companies, Corn and coarse grains, Soybeans and oilseeds, Sugar, Wheat
Louis Dreyfus Company trumpeted its “market intelligence” and the worldwide scope of its operations as it unveiled a leap in half-year earnings, amid “enhanced market volatility and continuing price increases”. Michael Gelchie,...
Read MoreSep 22, 2022 | News, Corn and coarse grains, Soybeans and oilseeds, Wheat
The third bout of La Nina looks like being more severe than last year’s, the Rosario grains exchange said, as it slashed hopes for Argentina’s wheat harvest to a seven-year low, and cut its corn expectations too. The equatorial...
Read MoreBrazil has chosen a good time for a record wheat crop. It is of course a boon for any net importer – as Brazil is of wheat – to reduce its requirements, as the country will in 2022-23 thanks to a record harvest. Conab, the...
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