Brazil 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...
Read MoreAug 18, 2022 | News, Companies, Soybeans and oilseeds
Indonesia’s large palm oil stocks, swollen by export restrictions, will “continue to weigh” on prices for now, Sipef said, while stressing that values are already particularly competitive amid a “tight” world vegetable oil...
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