Listen to analysts from Informa’s Agribusiness Intelligence unit discuss the outlook for soft commodity markets; sugar, coffee and cocoa heading into the second half of 2018.
CBOT soy futures showed signs of bottoming out from their long slump in the past week as less favourable weather trimmed US crop ratings and traders saw more signs of cheap prices stirring import interest.
The European beef market eased back further this week, against the backdrop of a generally quiet market.
Ideas that cheap prices are stirring consumer interest combined with Malaysian’s weakening ringgit currency to lift palm oil prices off their recent near three-month lows this week.
Price Graphing & Daily Prices
Agri Data Graphs
Latest Market Data News
Grains & Softs
Cocoa processing in Asia rose 15% in the second quarter from a year earlier, data from the Cocoa Association of Asia (CAA) showed on Friday (July 20).
December corn posted a fifth day of gains, closing up 4¢ at USD3.69.
November soybeans closed higher Friday, gaining 3 1/4¢ at USD8.64 3/4.
December wheat closed higher for all three markets with Chicago up 12 1/2¢ at USD5.33.
Processed Food & Ingredients
There is currently not much stock of apples and prices of dehydrated apple are escalating, according to trader Catz International.
The proposal by the European Commission (EC) to introduce changes in current regulations to improve pest and disease control in non-EU plant imports, excludes citrus fruits and other sensitive fruit and vegetable products.
Prepared frozen foods, such as pizza and savoury bakery, continue leading the way in gaining popularity among global consumers, according to new statistics from Kantar Worldpanel.
There are currently six canneries and 30 freezing vessels registered in Papua New Guinea. Some critics analyse whether latest investments serve other interests more than the domestic tuna processing industry.
Dairy & Meat
Arla, UK's largest dairy has said any non-tariff barriers to trade and labour shortages will make it more difficult to import dairy products from Europe after Brexit, and could lead to shortages of certain foods.
Beef slaughterhouses in Brazil were helped in the second quarter of this year by the strength of the US dollar against the Brazilian real.
New Zealand's futures markets witnessed declines across all contracts for butter and anhydrous milk fat (AMF), as the ongoing global trade tensions continue increasing.
EU pig prices have eased upwards over the last week, although the market remains devoid of longer-term impetus in either direction.
All set! This article has been sent to email@example.com.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.