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News, Insights and Stories on Ag Commodities

Morocco's Wheat and Barley Production, Imports to Fall Amidst Severe Drought

Morocco's wheat and barley production is expected to plummet in the 2024/25 marketing year due to ongoing drought conditions, according to the latest report by the United States Department of Agriculture's Foreign Agricultural Service (FAS). The report highlights the severe drought affecting most of Morocco&
Morocco's Wheat and Barley Production, Imports to Fall Amidst Severe Drought

Cotton Futures Rise as Planting Progresses and Market Awaits Fed Decision: PCCA

Cotton futures experienced a modest rebound the past week, with the July contract gaining 47 points to settle at 81.08 cents per pound, according to the latest report by Plains Cotton Cooperative Association (PCCA). The report highlights the recent uptick in certificated stocks, reaching 178,147 bales, indicating increased

Brazil Sugar Production Hits Record High: Reuters

Brazil's sugarcane crop for the 2024/25 season is expected to decline slightly from the previous year's record high, while sugar production is projected to reach an all-time peak, according to a report by the Brazilian government agency Conab cited by Reuters. Conab forecasts the total

Latin American Farmers Join the Cocoa Rush, FT Reports

Cocoa farmers in Latin America are rapidly expanding their operations as prices for the key ingredient in chocolate hit record highs due to a global supply shortage, according to a report by the Financial Times. The report highlights the surge in cocoa planting in countries such as Ecuador, Brazil, Peru,
Latin American Farmers Join the Cocoa Rush, FT Reports

India's Sugar Consumption Heats Up Amidst Election Fever and Scorching Temperatures

India's sugar consumption is expected to reach record highs this year as a confluence of factors, including a blistering heat wave and ongoing elections, drive up demand, according to a report by the Economic Times. The report highlights the significant role of summer weather in boosting sugar consumption

Egyptian Corn Imports Projected to Rise Amidst Feed Industry Recovery, USDA Reports

Egypt's corn imports are expected to increase in the 2024/25 marketing year as the country's feed industry recovers from recent challenges, according to a report by the United States Department of Agriculture (USDA) released on Tuesday. The report attributes the projected rise in corn imports
Egyptian Corn Imports Projected to Rise Amidst Feed Industry Recovery, USDA Reports

Egypt's Wheat Imports Expected to Rise as Economy Stabilizes: USDA

Egypt's wheat imports are forecast to climb in the 2024/25 marketing year as the country's economy stabilizes and access to foreign currency improves, according to a report by the Foreign Agricultural Service of the US Department of Agriculture (USDA) released on Tuesday. The report cites
Egypt's Wheat Imports Expected to Rise as Economy Stabilizes: USDA

Cocoa Prices Soar Amidst Production Decline in Major Growing Nations

The global cocoa market is experiencing a significant surge in prices, driven by a substantial decline in production from the top two cocoa-producing countries, Côte d'Ivoire and Ghana. According to the International Cocoa Organization's (ICCO) latest monthly report, prices have skyrocketed by 47% in London and
Cocoa Prices Soar Amidst Production Decline in Major Growing Nations

Cotton Futures Plummet, Dampening Growers' Hopes | Cotton Grower

As reported by Cotton Grower, cotton futures prices have taken a nosedive, falling below 82 cents per pound. In the past 12 trading days, December 2024 futures have lost over 5 cents, closing at just over 79 cents on April 17. Don Shurley of Cotton Grower notes that while export

Philippines Ample Sugar Stocks May Eliminate Import Need | Philstar

The Philippines may not import sugar in 2025 due to ample stocks from previous imports and steady production, according to the United States Department of Agriculture-Foreign Agricultural Service (USDA-FAS) in Manila, as reported by The Philippine Star. USDA-FAS Manila projects the country will produce 1.85 million metric tons of