The dryness which has ravaged Argentina’s wheat crop, and prompted farmers to scrap sowings of early corn, is affecting soybeans too, slowing plantings of the oilseed to less than half the usual pace. While Argentine growers...
Read MoreInvestors should be wary of being too bearish on rapeseed prices. The oilseed has had a dismal run this month, falling by 12.6% in Paris on a spot contract basis. Its canola variant has fared even worse, diving by 14.5% in...
Read MoreSales of soybeans by Argentine farmers have slowed markedly, amid expectations that the country is poised to reintroduce its “soy dollar” programme offering an improved exchange rate for deals. Argentine producers sold 165,500...
Read MorePalm oil futures will fall further next year than investors are factoring in, Fitch Solutions said, as it cut its price forecasts, citing the recovery in Malaysia’s ringgit and worsened world economic prospects. The analysis...
Read More“Favourable” conditions have encouraged a jump in Romanian winter crop sowings for the 2023 harvest, and a recovery in UK rapeseed area to a four-year high, the owner of the Agrii agronomy chain said. Romanian plantings of its...
Read MorePalm oil prices will be supported by Indonesia’s reintroduction of a palm oil levy, Sime Darby said, but admitted its own output will be curtailed by a shortage of workers, the group’s treatment of which has earned it a ban on...
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