IGC raises global grain outlook to record high

Grains harvest

Global grain supplies will reach historic highs in the 2015/16 season, the International Grains Council (IGC) said on Thursday (August 27).

CBOT Review: Soybeans gain as economic concerns ease

SOYBEAN futures at the Chicago Board of Trade closed higher Thursday as many global stock markets rallied.  On Monday Chinese stocks plummeted, sinking other stocks, but by Thursday the economic outlook improve...

Canada Review: Canola up with soyoil

CANOLA contracts traded on the ICE Futures Canada platform were up at Thursday’s close, as gains in CBOT soyoil provided some spillover support.Advances in crude oil and the North American equity markets added ...

ICE US Review: Coffee rebounds With positive data

ICE coffee futures made strong advances Thursday, as large investors bought up futures in the wake of robust economic data coming out of the US.A new federal report shows the US grew 3.7 percent in the second q...

Egypt buys Russian wheat despite export “freeze”

Cargo freight ship in shipyard Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), purchased 60,000 tonnes of Russian wheat in its latest tender regardless of claims this week that the country had halted its grain...

South African peanut exporters withhold offers

It is currently very difficult to obtain any offers out of South Africa on peanuts, Aldebaran Commodities reports.

Weekly Review: Cocoa values dip through lack of buying

Ice cocoa futures were lower for the week ended August 26, as a lack of fresh data about the harvest in West Africa and ideas of reduced demand proved bearish.“Demand ideas took a hit with the Chinese stock mar...

Russian grain crop sees upgrade: SovEcon

Russia’s wheat harvest is set to climb to its third-largest grain crop in post-Soviet history this year, leading Russian consultancy SovEcon to upgrade its forecast.

Market Report: Rapeseed prices fall to three-month low

Harvest pressures and the impact of the Chinese stock market slump on the international economy have put an end to rapeseed and canola’s winning strea...

Excess rains push guar gum prices higher

Guar gum prices have shown strong gains of late, Mayfair Investments/Mayfair Commodities reports.

Hazelnut arrivals still limited despite some better weather

The weather is improving in the Akcakoca region of Turkey but remains wet in the Black Sea regions, a UK trader reported today in connection with the ...

Uncertainly looms over Turkish sultana and raisins prices

Continued ambiguity dominates this year’s Turkish sultana and raisin crop which in turn is impacting prices.

Mozambican firm plans cashew processing unit

Mozambican company Beira-Boi plans to build a cashew processing unit in the Nhamatanda district of Sofala province in the next few years, reports the ...

Analysis: German and Scottish GM cultivation 'opt-outs' could be first of many

Germany will utilise new EU rules to ban the cultivation of genetically modified (GM) crops on its territory - and other member states look set to fo...

Besana to forge links with hazelnut growers in Croatia

Besana Group, a leading European producer and processor of nuts and dried fruits, is coming to Croatia with the aim of establishing hazelnut productio...

High protein and yields for Canada’s barley crop

High protein levels could prove a challenge for Canadian maltsters this year, but the quality of the country’s malt barley crop is generally looking b...

Oregon on track for increase in hazelnut output

Oregon’s hazelnut crop is projected to hit 39,000 tonnes this autumn, an 8% increase over 2014, according to the USDA’s National Agricultural Statisti...

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Higher quality wheat likely in store for Canada

Western Canadian farmers are seeing higher quality wheat crops this year, which will meet pent up demand within the market. However, producers might not reap th...

Brazil coffee forecast downgraded

Brazil’s 2015/16 coffee crop forecast was lowered in trading house Volcafe’s a quarterly report on cautioning that global arabica stocks will be minimal at the ...

Canadian wheat output forecasts deemed “too low”

Statistics Canada’s first survey-based production estimates for wheat were at the lower end of expectations for the 2015/16 crop year.

India: Higher soybean crop raises meal export hopes

Indian soymeal exporters are hopeful that a larger 2015 bean crop will reinvigorate the country's exports.

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...

Biotech plant culture

Agbiotech company makes strides with crop field trials

Over the past eighteen months, BioConsortia, a California and New Zealand-based agbiotech company, has made considerable progress in its field crop trials aroun...

Bulgaria: Honey market receives needed boost

Grain and livestock orientated Bulgaria is looking to capitalize more on its honey trade with its government set to provide compensatory payments to local apiar...

Further signs of strong rise in Indian sesame seed output

Indian spices manufacturer and exporter Virdhara International is the latest company signalling the likelihood of a favourable new sesame seed crop in the Asian...

Turkish hazelnut arrivals start to pick up

Turkish hazelnut arrivals from the new crop have started to pick up slightly following indications of improving weather at origin.

Economic downturn in China impacts DFN trading

The problems with the diminishing economic growth in China are also adversely affecting the business of dried fruits and nuts, Catz International observed in a ...

Guar gum prices seen returning to more attractive levels

Good monsoons in the Indian subcontinent are reducing the price of guar gum, making it an even more attractive hydrocolloid, Dhruv Bhatti of Mayfair Investments...