ICCO expects 38,000-tonne cocoa deficit

The International Cocoa Organization on Friday raised its forecast for an expected global cocoa deficit in 2014/15 to 38,000 tonnes from a previous projection of 17,000 tonnes.The upward revision was driven by lower anticipated global production of 4.17 millio...

Turkish vine fruit prices settle as weather improves

Turkish sultana and raisin crops are reported to be recovering well following vines damaged by frost seen earlier this year.However, the market continues to be plagued by rumours concerning the quantity of frui...

Russia approves wheat tax for new season sales

Russia has approved a new wheat export tax for the 2015/16 marketing year, which is seemingly designed to prevent exports should the value of the rouble drop steeply.

Brazil soy area should expand

Farmers are likely to expand the area planted with soybeans in Brazil for a ninth consecutive year, local analysts and farm groups said, even with prices of the country's main export crop down by a quarter from...

US peanut plantings pace ahead y-o-y

US peanut plantings have continued to edge slightly ahead of year-ago levels with an average of 68% of the crop now planted across the eight key states, up from 64% in the same period of 2014 and from the five-...

Analysis: Nigeria moves to boost cocoa processing

Nigeria is quietly moving towards the status of a key global chocolate producer. This may surprise many, especially considering that the West African nation does not have a strong cocoa processing capacity and ...

Canadian pool return outlooks for Canola raised

The CWB, formerly known as the Canadian Wheat Board, increased its 2015/16 pool return outlooks (PROs) for canola and durum, while wheat remained unchanged, according to the company’s latest projections.

Chile records successful season on DFN exports

The 2014 season for Chilean nut exports drew to a successful close thanks to the increase in export volume, the rise of the dollar, favourable weather conditions and extensive promotional work overseas, especia...

EU sees drop in wheat and barley licences

EU soft wheat export licences were at their lowest weekly level for seven weeks in the seven days ending May 27 and the fourth lowest for the 2014/15 ...

Tight Canadian lentil market watching weather

Old crop large green lentils saw a jump in price over the past week, but actual supplies are few and far between with most market participants turning...

Interview: Competitive EU wheat prices likely to stay

The 2014/15 marketing year has already seen EU wheat exports reach a record high and the bloc has overtaken the US as the world's leading exporter of ...

ICE US Review: Sugar corrects off six-year lows

ICE SUGAR futures settled with small gains on Thursday, as the market saw some consolidation after hitting its lowest levels in six years on Wednesday...

CBOT Review: Soybeans down with large global supplies

Chicago soybean futures were one to five cents US per bushel weaker on Thursday, as the large global supply situation continued to overhang values. Ge...

ICE Canada Review: Canola down with soybeans, technical selling

The ICE Futures Canada canola market ended weaker on Thursday, taking some direction from a softer Chicago soybean market.Technical based selling was ...

Russia and Romania seal Egyptian wheat tender again

Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) purchased 240,000 tonnes of Russian and Romanian wheat in its latest te...

Weekly Review: Sugar tumbles to six-year low

ICE sugar futures fell to their lowest levels in six years during the week ended May 27, as burdensome supply projections and weakness in Brazil’s cur...

IPA 2015: Chile sees benefits of 'beautiful' prune crop

Chile is expected to achieve a decent increase in prune output this year to 76,945 tonnes from an estimated 65,899 tonnes in 2014, Pedro Pablo Diaz of...

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US winter wheat condition better than trade expectations

US winter wheat ratings held steady at 45% good/excellent in USDA’s latest Crop Progress report, while the first ratings of the season for corn put 74% of the c...

Brazilian coffee crop pegged to increase

Brazil's 2015/16 coffee harvest now under way is expected to yield 47.28 million 60 kilo bags, unchanged from the previous estimate in February, coffee exporter...

Palm rallies to highest in two weeks

Malaysian palm oil futures rallied to a two-week high on Thursday as traders took advantage of a falling ringgit, supported by gains in competing markets and si...

Global Grain North America: Falling feed prices benefits US livestock

Tumbling feed prices have helped generate a mini-revival for the livestock sector in the US, though consumption habits are not expected to return to record leve...

Cumin seed

Analysis: Spice industry looks to regain credibility after product recalls

The issue of food safety has become increasingly challenging for everyone in the supply chain over recent years and 2015 is shaping up to be a particularly tric...

Interview: Chinese demand remains key to global oilseed trade

Global trade and production in oilseeds hit record highs in the 2014/15 marketing year but factors such as political unrest in major producers, the falling pric...

Global Grain North America: Canadian oil sector now key to grains

Since the breakup of the Canadian Wheat Board (formerly known as CWB), the country has seen its grains market been both negatively and positively affected, with...

Black pepper

IPC sees pepper prices holding strong over the last week

Global pepper prices continued to be stronger at most origins, except that for black pepper in Sarawak, the International Pepper Community (IPC) observed in its...

Cashews

Guinea-Bissau apprehends cashew nut smugglers

Guinea-Bissau’s fresh campaign against rampant cashew nut smuggling over the country’s land border with neighbouring Senegal has yielded its first results.

IPA 2015: Australia aims for controlled expansion

The Australian prune industry has set its sights on expansion in the years ahead and this growth will be achieved in a controlled, sustainable way, Grant Delves...

Gum Arabic

Gum Arabic shows further price gains

Upturns in the price of Talha grades of gum Arabic are helping in turn to push up the price of the Hashab and Kordofan grade one products.