Palm oil forecast: Deficit not enough to lift prices

Palm oil prices will not necessarily  lead to a recovery in crude palm oil futures over the coming months, as world production lags consumption, according to The Public Ledger’s latest forecast.

ADM to acquire European edible oil bottler AOR

US commodities giant Archer Daniels Midland Company (ADM) announced today that it has reached an agreement to acquire AOR N.V., a privately held edible oil bottling company based in Antwerp, Belgium.

Record lentil area likely in Canada

Canadian lentil acres are expected to rise considerably this spring, with most of the increase in red lentils, according to industry participants. While the acres are going up, the opposite is likely in prices.

Canada drops wheat price projections

The CWB, formerly known as the Canadian Wheat Board, has lowered its price projections for Winter Pool wheat and durum marketed during the current 2014/15 crop year its latest report, as export demand backs awa...

Argentine strike unlikely to affect key grains port

Port workers at the Argentine grains hub of Rosario will hold a 24-hour strike on Tuesday (March 31) in solidarity with a general work stoppage throughout the country on the same day over tax policy.

CBOT Review: Soybeans down with pre-report positioning

SOYBEAN futures at the Chicago Board of Trade were down by six to seven cents per bushel on Friday, as expectations for large US plantings this spring weighed on values and traders positioned themselves ahead o...

ICE Canada Review: Canola Declines Following Soy, Fund Liquidation

THE ICE Futures Canada canola market finished weaker on Friday, largely due to spillover pressure from the US soy complex as well as some funds which decided to liquidate their positions.Values dropped well bel...

ICE US Review: Coffee down as Brazilian currency softens

ICE coffee futures finished lower on Friday, as Brazil’s currency weakened, encouraging an increase in farmer selling, analysts said.Profit-taking ahead of the weekend, as traders await fresh news about the sta...

Analysis: Walnut market shows no signs of declining soon

The world walnut market looks set for favourable supply this year but that does not mean that prices will come crashing down any time soon.

IGC forecasts lower global grain production for 2015/16

The International Grains Council (IGC) has forecast global corn and wheat production to fall in 2015/16, leading to a drawdown in stocks.

Vietnam sees coffee exports slip in March

Vietnam, the world's top producer of robusta beans, will ship an estimated 130,000 tonnes, or 2.17 million bags, of the commodity in March, down 52.6%...

Louis Dreyfus posts higher 2014 profits

Global trading group Louis Dreyfus Commodities reported a rise in full-year profit on Thursday (March 27) as increased volumes and healthy processing ...

Canadian durum prices falling as new crop emerges

Durum prices in Western Canada are under pressure, as the new crop is just around the corner and end users are well covered.

Russia may remove wheat tax in July

Russia is not likely to extend a tax on wheat exports, imposed until June 30, if optimism over lower inflation and a large crop persists among officia...

Analysis: South-South trade becomes the new norm for global agriculture

Global agricultural trade patterns have changed dramatically over recent decades, particularly with the emergence of developing country exporters such...

Turkish sultana crop relatively unscathed after frost

Moderate frost in the sultana and raisin growing areas last weekend, caused some damage to the buds but as it is still relatively early the vines do h...

Ivory Coast maintains fargamte cocoa price

Ivory Coast will maintain a cocoa farmgate price of XOF850 (USD1.42) per kilo for the mid-crop season beginning next month, a government spokesman sai...

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Ukraine spring grain sowing 30% complete

Ukrainian farmers have sown 744,000 hectares of early spring grain for 2015 harvest as of March 24, or 30% of the initial sowing area, the agriculture ministry ...

Nigeria expecting smaller cocoa crop

Nigeria's cocoa production will likely fall about 50,000 tonnes this season because dry weather hindered the development of mid-crop beans, the head of the coun...

EU predicts decline in crop yields

EU crop yields are expected to decline in most member states this year despite generally favourable conditions across the bloc, according to a new report from t...

EU compound feed production down last year

Compound feed production in the EU fell to its lowest level since 2011 last year, according to the European Compound Feed Manufacturers’ Federation (Fefac).

Mixed spices

Global spice prices still prone to upward pressure in 2015

A comprehensive report from Rotterdam trader Catz International indicates that a number of key spices look set for continued firm prices this year.

Interview: "Managing risk and reputation are key, now more than ever"

Commodities trading companies have increasingly moved to become vertically integrated in recent years, with many of them also having plantations and production ...

Thailand: Rice export reign to continue

Thailand is set to keep its crown as the world’s leading rice exporter this year, though deteriorating prices are still likely to hinder their never-ending stoc...

Analysis: Indian spice exports on track to cross USD2 bln mark

India’s spice exports have shown an upward trend in the fiscal 2014/15 year, with the four main money-spinner – chilli, cumin, turmeric and pepper – all doing f...


Argentine peanut crop in very good shape after heavy rains

Heavy rains have hampered Argentine peanut harvesting operations in recent weeks, agricultural experts have reported.


Chilean prune producers keen to promote export growth

The Chile Prunes Association has seen significant export expansion over the last three years, under its marketing campaign designed to boost international sales...


Touton highlights bullish tone in global clove leaf oil market

Clove leaf oil prices look set to remain quite firm as the sector is closely correlated to developments in the clove bud market, French trader Touton noted in a...