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.

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.

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 margins helped offset lower market prices.

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 officials, SovEcon consultancy said.

Weekly Review: Corn perks up on US crop worries

CBOT corn futures moved to their highest levels in two months during the week, with concerns over seeding delays in the southern US Corn Belt behind some of the buying interest.The USDA’s weekly crop update sho...

ICE US Review: Coffee ends slightly higher

ICE coffee futures finished slightly higher on Thursday, as ongoing expectations of smaller Brazilian production underpinned prices.The global coffee market is now expected to see two consecutive years with sup...

ICE Canada Review: Canola ends weaker

THE ICE Futures Canada canola market finished weaker on Thursday, due to a combination of spillover pressure from US soybeans and soymeal along with some speculative selling.Some speculators likely liquidated t...

CBOT Review: Poor exports weigh on wheat

WHEAT futures in Chicago were down by 17 to 20 cents per bushel on Thursday, as poor weekly export sales and improving US crop prospects weighed on values. Chart-based selling contributed to the gains, with the...

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...

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 o...

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.

Hazelnut market shows slight dip as sellers emerge

The Turkish hazelnut market has eased marginally to TRY36.00 (USD14.00) per kilo from TRY36.5/kg earlier as a few more stockholders look to sell, a UK...

Brazil struggles to sell coffee stocks

The Brazilian government failed to attract bidders for coffee on auction from federal stocks on Wednesday, according to Brazil's crop supply agency, C...

Editorial: Can new study help reverse EU neonicotinoid ban?

A study from the University of Maryland has found that one type of the controversial neonicotinoid pesticides currently banned in the EU is not solely...

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-e...

Kraft Foods to merge with Heinz

US ketchup maker H.J. Heinz Company and Kraft Foods Group, Inc. today announced a definitive merger agreement to create The Kraft Heinz Company, formi...

Latest Futures Prices

Full list

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 ...

Kenya shipped marginally more tea in 2014

Kenya's tea output and exports rose by 3% and 1% in 2014, data from the country’s Tea Board showed.

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).

Walnuts

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.

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 ...

Switzerland: Currency troubles cause problems for exporters

The Swiss National Bank’s decision on January 15 to lift a three-year cap on the value of the Swiss franc against the Euro is bad news for the country’s exporte...

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...

Almonds

Primex sees further slide in US almond prices

The US almond market has weakened slightly over the last month, Primex International Trading Corporation observed in its latest report on the sector.

Prunes

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...

Cloves

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...