Interview: How to tackle African veg oil deficit

Africa has a current edible oil deficit in the range of 6 million metric tons and this is expected to exceed 10 million MT by 2025. To produce this 10 million MT in Africa, an investment of US$20bn is required and the good news is that critical factors are alr...

CBOT Review: Soybeans stronger on positive export report

SOYBEAN futures at the Chicago Board of Trade closed stronger on Thursday as a US export report supported prices. Numbers from the US Department of Agriculture’s weekly export report week ending July 23 were be...

ICE Canada Review: Canola up, but fails to break through C$500/tonne

Canola contracts on the ICE Futures Canada trading platform ended higher on Thursday, underpinned by rumours that China made a fresh purchase of Canadian canola earlier this week, analysts said.Weakness in the ...

Market Report: Optimal conditions keep corn rallies at bay

Improving weather and crop conditions in the US continue to dictate the corn market, leaving little chance for an upturn in export prices this month.

Analysis: Cameroon on track to meet ambitious cocoa target?

As the international price of cocoa continues to climb largely due to the lower than expected production in the 2014/15 season in Ghana, and poor weather conditions threatening yield in the other major producin...

Ukraine's walnut crop shows good progress

Ukraine’s forthcoming walnut crop has been progressing very well so far, QFN Trading & Agency said in a report today.

Weekly Review: Pre-harvest lull prompts Canola futures drop

ICE Futures Canada canola contracts moved sharply lower during the week ended July 29, and more downside is possible for the market in coming weeks.

New season offers emerge for Turkish raisins

As the harvest of both sultanas and raisins in Turkey approaches, packers are becoming a little more optimistic and new season offers are beginning to emerge.

Market Report: Top-quality Kenyan tea prices climb to new high

Prices for good –quality Kenyan tea have gone from strength to strength in recent months thanks to a shortfall in production, but Sri Lanka continues ...

US almond prices have recovered 'lost ground'

US almond prices have rebounded again after the latest crop estimate came in lower than the previous forecast, Primex International Trading Corporatio...

Canada lowers pulse crop ending stocks

Canada lowered its 2015/16 ending stocks projection for pulse and specialty crops, according to Agriculture and Agri-Food Canada’s latest supply and d...

Analysis: Brazil aims to reclaim cocoa crown

Brazil is poised to regain its status of a major cocoa exporter in the global market over the next 10 years, as cocoa production in the country is set...

German wheat and barley exports to see declines this season

As the EU faces a fall in its wheat exports this season, Germany in particular, looks set to be faced with lower international demand, according to AD...

Argentina soybean crush hits record in 2015

Argentine crushing plants processed a record 18.5 million tonnes of soybeans in the first six months of the year, 0.9% more than in the same period of...

Palm rebounds from 3-month low though China outlook caps gains

Malaysian palm oil futures rebounded on Wednesday (July 29) following gains overnight in US soy oil, snapping five sessions of declines, although conc...

Canadian oat prices move lower near harvest

Canadian oat prices have moved lower in recent weeks, and with harvest edging closer, some producers may stockpile crops and wait for better prices, a...

Canadian canola council welcomes expanded Israel trade deal

An expansion and ‘modernization’ of the Canada-Israel Free Trade Agreement (CIFTA), which was announced on July 21, was welcomed by the Canola Council...

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Crop damage in southwest Manitoba after violent storm

Damage reports are coming in from southwestern Manitoba after a violent storm ripped through the area Monday night.

Vietnam coffee premiums steady as exports drop

Premiums of Vietnamese coffee to global robusta futures were unchanged as exporters rejected lower prices while slow sales in recent months have led to a declin...

Hot, humid weather rapidly advances Manitoba crops 

Hot and humid weather conditions during the week ended July 27 helped Manitoba crops advance at a rapid pace, the latest Manitoba Agriculture, Food and Rural De...

AAK’s profits continue to rise

Swedish ingredients firm AarhusKarlshamn (AAK) reported further profit growth in the second quarter of 2015, thanks to improvements across all its business segm...

Analysis: Iranian nuclear deal may benefit agricultural trade

An historic breakthrough in relations between Iran and the West might well bring long-term benefits for agricultural traders. It is also set to significantly bo...

World peanut industry set for plentiful supply

The global peanut industry looks assured of ample supply this year, Anupam Jindel, president of edible nuts and peanuts at Olam International, told FOODNEWS ear...

Market Report: Rapeseed and canola prices might have peaked

After rallying further at the beginning of the month and setting new contract highs, rapeseed and canola futures might be past their peak for now, but with expe...

India to promote north east spices to global markets

The Indian Spices Board has decided to promote organic spices from the north eastern states of the country to global markets.

Pecan market set for season of good supply

The world pecan market looks poised for a good level of supply over the 2015/16 season,with the outlook for the forthcoming US crop being a favourable one.

Heat slashes raisin output in Malaga

High temperatures have almost halved the production of raisins and muscat grapes in Spain’s province of Malaga, according to the Axarquía Bureau of Raisins, an ...

Low demand helps drag guar gum prices downwards

Indian guar gum prices have shown a weaker tendency of late due to low demand and views that the crop will be favourable following the arrival of a decent level...