Grains, Seeds, Vegoils & Meals

Dec 15 - Strategie Grains cuts export forecasts for EU wheat, barley  

Strategie Grains lowered its monthly forecast for EU soft wheat exports this season as it factored in stiff competition on world markets and very slow shipments from Germany and Poland. The analyst firm projected 2017/18 soft wheat exports from the European Union at 22.3 million tonnes, down from 22.9 estimated last month and 24.1 exported in 2016/17.Click here to read full stories.

Dec 15 - Argentine drought could reduce 2017/18 soy planting area -exchange  

A drought that has blighted Argentina's Pampas farm belt since November could provoke a cut in estimated 2017/18 soybean planting area, the Buenos Aires Grains Exchange said on Thursday. The exchange's soy area estimate is 18.1 million hectares, 1.1 million hectares of which were sown over the previous seven days, the exchange said in its weekly crop report. Click here to read full stories.

Dec 15 - Egypt's agriculture ministry updates policy to end ergot confusion  

Egypt's agriculture ministry has officially brought its policy on common grain fungus ergot into line with other government agencies, in a move traders hope will end long-running confusion over import requirements at the world's biggest wheat buyer. "We want to reassure our suppliers," Hamed Abdel Dayem, spokesman for the ministry, told Reuters on Thursday, confirming its new decree. Click here to read full stories.

Dec 15 - Missouri issues first fines over misuse of farm chemical in 2016  

Missouri has issued its first fines over the misuse of a farm chemical in 2016 that went on to be linked in different formulations to widespread U.S. crop damage this year, the state said on Thursday. Authorities fined eight people a total of $145,125 for improperly spraying the chemical known as dicamba, used to kill weeds, in what Missouri called "the first wave of civil penalties issued to applicators," according to a statement. Click here to read full stories.

Dec 15 - NOPA November soybean crush seen at 163.191 mln bushels -survey  

U.S. soybean processors likely notched their most active November crushing pace on record, fueled by ample supplies of the oilseed following a record-large U.S. harvest, analysts said. The National Oilseed Processors Association's monthly report is expected to show a November soybean crush of 163.191 million bushels, according to the average of eight estimates given in a Reuters survey. Click here to read full stories.

Dec 15 - Brazil beef exporters see volumes up 10 pct in 2018  

Brazilian beef exporters see shipments growing 10 percent in 2018 after rising an estimated 9 percent this year despite corruption and food safety scandals that temporarily closed off major markets. Trade group Abiec on Thursday said Brazil, the world's largest beef exporter, would likely sell 1.68 million tonnes of beef abroad next year, up from 1.53 million tonnes in 2017. Revenue is expected to rise about 11 percent to $6.9 billion in 2018, after a 13 percent rise this year to $6.2 billion. Click here to read full stories.

Dec 15 - Ukraine's wheat exports to the Middle East jump 46 pct 

Ukraine has increased wheat exports to Middle Eastern countries by 46 percent in the first four months of the current 2017/18 season to 829,100 tonnes despite strong competition from Russia, analyst APK-Inform said on Thursday. Ukraine exported 569,400 tonnes of wheat to the region in the same period of the 2016/17 season, it said in a report. Click here to read full stories.

Dec 15 - Midwest lawmakers to consider biofuel proposals, but pledge to protect RFS  

U.S. lawmakers from states that produce corn for ethanol plants said on Wednesday they would consider proposals from Senator Ted Cruz of Texas to help the oil refining industry cope with the nation's biofuels regulation, but would never agree on anything that diminishes the program. The price of U.S. renewable fuel credits sunk to their lowest levels in two months amid ongoing efforts by President Donald Trump's administration to mediate talks between the rival oil and corn industries over the Renewable Fuels Program. Click here to read full stories.

Dec 15 - Asian Palm Oil Turns Sharply Higher by the Close (Dow Jones)
Asian palm-oil futures rebounded to end sharply higher in active trading, tracking gains in rival soyoil. Expectation of improved exports later this month following a slight reduction in export taxes should "spur short-term demand," said David Ng at Philip Futures in Kuala Lumpur. He adds production is expected to fall this month, potentially reducing stockpiles in Malaysia, the world's second-largest producer of the tropical oil. Benchmark February futures on the Bursa Malaysia Derivatives Exchange jumped 2.6% to MYR2,515/ton.

Dec 15 - Indonesia Palm-Oil Supplies Jumped in October (Dow Jones)
Indonesian palm-oil supplies continued to grow in October as production rose and exports slowed, according to data released by the country's palm-oil association. Stockpiles jumped 16% from September to 3.4 million metric tons as output increased 3%. That's not cutting into prices at the moment; the Bursa Malaysia benchmark contract is up 0.2% at MYR2,456/ton.

Dec 14 - Brazil decree allows wheat imports from Russia  

Brazil's government on Wednesday published a decree laying out procedures importers will have to follow to be able to buy and unload Russian wheat in Brazil, a step aimed at improving trade ties with Moscow. The decree, which takes effect immediately, outlines the documents importers will have to submit to bring Russian wheat to be processed in Brazil, which had not been previously allowed. Click here to read full stories.

 

Dec 14 - Algerian wheat purchase raises U.S. farmer hopes for exports  

Falling prices have lured a big buyer to U.S.-grown, low-protein wheat, raising the prospect for farmers of more exports and the hope that the market for low-protein wheat may have reached its nadir. U.S. wheat prices have tumbled 60 percent since reaching a four-year high in 2012 as large harvests around the world have reduced export demand.  Click here to read full stories.

Dec 14 - Heavy palm oil stocks overshadow tightening in vegoil markets –Braun  

Malaysian palm oil stocks have hit a two-year high, up 50 percent over last year on back-to-back months of near-record production and a slowdown in exports. Meanwhile, global inventories of other vegoils, particularly soybean oil, are likely to drop to multiyear lows in 2018.  Click here to read full stories.

Dec 14 - U.S. Midwest lawmakers will consider biofuel changes to help refiners  

U.S. lawmakers from states that produce corn for ethanol plants said on Wednesday they would consider proposals from Senator Ted Cruz of Texas to help the oil refining industry cope with the nation's biofuels regulation, but would never agree on anything that diminishes the program. The price of U.S. renewable fuel credits sunk to their lowest levels in two months amid ongoing efforts by President Donald Trump's administration to mediate talks between the rival oil and corn industries over the Renewable Fuels Program. Click here to read full stories.

Dec 14 - Argentina to levy 8 pct tax on biodiesel exports  

Argentina will put an 8 percent tax on biodiesel exports starting next year, the government said in its official gazette on Wednesday, just days after the United States accused the South American country of subsidizing the fuel. The U.S. International Trade Commission (ITC) said this month that biodiesel imports from Argentina and Indonesia harm U.S. producers. It announced that anti-dumping and anti-subsidy duties would remain for at least five years.  Click here to read full stories.

Dec 14 - Brazil trade group says reopening of Russian market to pork imminent  

The reopening of the Russian market for Brazilian pork exports is imminent, Francisco Turra, head of Brazilian trade group ABPA, told a news conference on Wednesday. Russia imposed a temporary ban on Brazil's beef and pork exports late last month after traces of feed additive ractopamine were found in some shipments. Click here to read full stories.

Dec 14 - FranceAgriMer cuts wheat export forecast again as competition bites  

Farm office FranceAgriMer cut its outlook for French 2017/18 soft wheat exports outside the European Union on Wednesday for the second month in a row to take account of intense competition on world markets. In its monthly supply-and-demand report for the European Union's largest grain producer and exporter, the office put French non-EU exports at 9.5 million tonnes, down from 9.9 million tonnes estimated last month. Click here to read full stories.

Dec 14 - Zimbabwe orders illegal settlers to vacate farms  

Zimbabwe's new agriculture minister on Wednesday ordered illegal occupiers of farms to vacate the land immediately, a move that could ultimately see some white farmers who say they were unfairly evicted return to farming. Perrance Shiri, a military hardliner who was head of the air force before being picked for the critical land and agriculture ministry this month, called for "unquestionable sanity on the farms", the government-owned Herald newspaper reported. Click here to read full stories.

 

Dec 13 - U.S. soybean, wheat ending stocks up as exports fall - USDA 

Stockpiles of U.S. soybeans and wheat are expected to rise due to lower export demand amid heightened competition from rival global suppliers, government data on Tuesday showed. In a monthly supply and demand report, the U.S. Agriculture Department (USDA) raised its ending stocks forecast for domestic wheat and soybeans, and trimmed its supply view for corn due to rising usage from the ethanol sector. Click here to read full stories.

Dec 13 - EU renews approval for herbicide glyphosate for five years 

The European Commission said on Tuesday it had renewed for five years the licence for the weed-killer glyphosate, a key ingredient in Monsanto Co's top-selling Roundup, following a heated debate over whether it causes cancer. A sufficient majority of EU countries voted at the end of November to clear the licence extension, but opposition to the herbicide remained, including from a citizens' initiative wanting it banned and demanding greater transparency in future. Click here to read full stories.

Dec 13 - Louis Dreyfus to sell Australian fertiliser unit to Agrium 

Global commodity trader Louis Dreyfus Company has agreed to sell its fertiliser business to Canada's Agrium Inc. as it continues an overhaul in response to tough agricultural markets. Louis Dreyfus is to sell Macrofertil Australia Pty Ltd, which has annual sales of around $120 million, to Agrium's Australian unit Landmark Operations Ltd in a deal expected to close in the first quarter of 2018, the companies said on Tuesday. Click here to read full stories.

Dec 13 - Brazil Senate passes bill to boost ethanol, biodiesel use 

Brazilian senators passed on Tuesday a bill proposing sharp increases in the use of biofuels such as ethanol and biodiesel in the country in coming years, as a way to help cut carbon emissions. The bill would create a program called RenovaBio, mandating fuel distributors gradually increase the amount of biofuels they trade every year. Click here to read full stories.

Dec 13 - Weekend rains seen relieving parched Argentine soy and corn areas 

Rains expected this weekend in Argentina's main soy and corn growing areas will provide some relief to drought-stricken areas in the country's central farm belt, holding out hope that crop losses may yet be minimal, meteorologists said on Tuesday. Argentina is the world's top exporter of soymeal used in livestock feed and the No. 3 corn supplier. Click here to read full stories.

Dec 13 - France sees more rapeseed sowings, record sugar beet crop 

French farmers have sown much more rapeseed for next year's harvest while keeping wheat sowings steady and cutting back on winter barley, the farm ministry said on Tuesday. In its first estimates of sowing trends for 2018 in the European Union's biggest crop producer, the ministry put the area sown with winter rapeseed at 1.537 million hectares, up 9.5 percent from the previous year. Click here to read full stories.

Dec 13 - Brazil 2017 soy exports go up as China demand strong-Abiove 

Brazil's association of oilseed processors Abiove on Tuesday raised its projection for the country's soybean exports in 2017 to a record 67.8 million tonnes, as demand from China remained heated. Fábio Trigueirinho, Abiove secretary general, said exports picked up in the final months of the year, leading to a revision of the forecast. Click here to read full stories.

Dec 13 - India's bumper cotton output to fall short of record high 

India's cotton output is set to rise 9.3 percent in 2017/18 but won't be the record high predicted by industry analysts as bollworm had caused damage in some regions, a government official said on Tuesday. Overall production by India, the world's biggest cotton producer, could touch 37.7 million bales in the year that began in October, Kavita Gupta, India's textile commissioner, told a news conference. Click here to read full stories.

Dec 13 - Thriving French organic food market needs domestic supply boost - study 

Farmers need to boost organic food production in France to meet fast-growing demand or consumers will turn to imports at the expense of some environmental benefits, credit insurer Coface said on Tuesday. Organic food sales are expected to reach 8 billion euros ($9.4 billion) in 2017, up 14 percent on last year, and the pace of growth should continue at 10-15 percent for the foreseeable future, it said. Click here to read full stories.

Dec 13 - Asian Palm Oil Likely to Remain Under Pressure as Stocks Build (Dow Jones)
Asian palm oil prices are likely to remain under pressure after data released from the Malaysian Palm Oil Board on Tuesday show that stocks built strongly last month as exports fell. Not helping is that early estimates indicate shipments of palm oil have continued to fall in December. The Bursa Malaysia benchmark palm oil contract is currently trading down 1 ringgit at 2,471 ringgit a ton.

Dec 13 - Drought Dampens West Africa Cotton Prospects (Dow Jones)
West Africa cotton output is seen falling 4% this season to 2.8 million bales due to drought and pest infestation, says the USDA's bureau in Senegal. Burkina Faso and Chad are the main factors, with yields in Burkina Faso--the continent's biggest grower--possibly hitting a 22-year low of 1.3 million bales. It's a setback for a region whose cotton output has been trending higher in recent years, boosted by farmland expansion. West Africa growers export the fiber mainly to Asian markets.

Dec 13 - Support Looms for Palm-Oil Prices (RHB Research - Dow Jones)
Palm-oil prices have fallen to 5 1/2-month lows of late, but further declines are liable to be limited, says RHB Research. That as the broker boosts its projected 2018 average 6.3% to MYR2,550/tonne and 2019's call 8% to MYR2,700 on anticipation of output-growth slowdowns in both Malaysia and Indonesia. Both countries, the world's two-biggest palm-oil producers, are set to post double-digit increases for this year.

Dec 12 - Monsanto offers cash to U.S. farmers who use controversial chemical  

Monsanto Co will give cash back to U.S. farmers who buy a weed killer that has been linked to widespread crop damage, offering an incentive to apply its product even as regulators in several U.S. states weigh restrictions on its use. The incentive to use XtendiMax with VaporGrip, a herbicide based on a chemical known as dicamba, could refund farmers over half the sticker price of the product in 2018 if they spray it on soybeans Monsanto engineered to resist the weed killer, according to company data.Click here to read full stories.

 

Dec 12 - Bakers, farmers struggle to make any dough on poor wheat crop  

Chicago's iconic sandwiches - Italian beef heroes dripping with gravy, and hot dogs loaded with pickles and hot peppers - wouldn't be such culinary institutions without the bread. But this fall, bakers faced a crisis getting the right kind of bread to delis and sandwich shops locally and across the United States. Click here to read full stories.

Dec 12 - France set for first hard wheat shipment to Saudi Arabia  

A vessel is expected in France's Atlantic ports this week to load a first shipment of French hard wheat for Saudi Arabia, port data showed, with more expected later in the season as traders take advantage from high quality levels this season. The ship, called Red Sakura and chartered by trading house InVivo, is expected to load 55,000 tonnes of hard wheat, split between the port of Nantes and the nearby port of Montoir. Click here to read full stories.

Dec 12 - Russian wheat prices unmoved by global benchmark fall  

Russian wheat export prices were flat last week despite a fall in Chicago wheat, supported by buyers building up stocks before Russia's long New Year holiday, analysts said. Russian wheat prices remain competitive after the decline of recent months, the analysts said. Click here to read full stories.

Dec 12 - Ukraine's 2017 winter grain crops in good state - analyst  

Most of Ukraine's winter grain crops are in a good or satisfactory state, thanks to favourable weather, analyst UkrAgroConsult said on Monday. Ukraine completed winter grain sowing for the 2018 harvest, leaving some area unsown because of bad weather. Click here to read full stories.

Dec 12 - Netherlands confirms highly pathogenic bird flu outbreak - OIE  

The Netherlands confirmed an outbreak of highly contagious bird flu in the Flevoland province that led to the culling of nearly 16,000 ducks, the World Organisation for Animal Health (OIE) said on Monday. The highly pathogenic H5N6 strain was discovered on a duck fattening farm in Biddinghuizen on Dec. 7 where it killed 40 birds, the Dutch Ministry of Economic Affairs said in a report posted on the OIE website. Click here to read full stories.

Dec 12 - Australia lifts beef export forecast as ranchers capitalise on La Nina boost  

Australia on Tuesday raised its forecast for beef exports by 5 percent as farmers increase slaughterings to capitalise on strong Asian demand ahead of a La Nina weather event that will provide near perfect seasonal conditions. Beef exports from the world's fourth largest seller will total 1.145 million tonnes this season, the Australian Bureau of Agriculture, Resource Economics and Rural Sciences (ABARES) said, up from its previous estimate in September estimate of 1.09 million tonnes. Click here to read full stories.

Dec 12 - More New Zealand cattle farms test positive for disease  

Cattle at four more New Zealand farms have tested positive for mycoplasma bovis, which can seriously affect animal health, the nation's Ministry of Primary Industries said on Tuesday. That brings the total number of affected farms in the world's biggest dairy exporter to 12, with one more property suspected of harbouring the disease. Click here to read full stories.

 

Dec 12 - Asian Palm Oil Gains on Rival Oil Strength (Dow Jones)
Malaysian palm-oil price futures reversed Monday's losses to end a bit higher today, supported by rival soybean-oil prices. Analysts say the strength is temporary since bearish market factors including rising inventories and dropping export demand has cast a gloom on investor sentiment. "It will take a little while for the markets to gain stability," says David Ng, a trader based in Kuala Lumpur with Philip Futures brokerage. He says prices will remain within the range of 2,450 ringgit (US$600) a ton and 2,550 ringgit a ton. The benchmark palm-oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended up MYR12, at MYR2,471/ton ($603).

Dec 11 - White House pressures Big Corn to meet on U.S. biofuels policy  

President Donald Trump's administration called two lawmakers from the U.S. corn belt to convince them to join talks about potential changes to biofuels policy to ease the burden on oil refineries, according to a spokesman for one of the lawmakers and a source briefed on the matter. The effort is the clearest sign yet Trump is seeking to mediate the long-running dispute between the U.S. oil industry and corn growers over the Renewable Fuel Standard (RFS), a law requiring refiners to blend increasing volumes of biofuels like corn-based ethanol every year into the nation's fuels.Click here to read full stories.

 

Dec 11 - EU regulators to warn Bayer about Monsanto bid - source  

EU antitrust regulators are set to warn Bayer its planned purchase of U.S. seed maker Monsanto may hurt competition, a person familiar with the matter said on Friday, a move that would force Bayer to offer concessions to address the concerns. The $66 billion deal would make Bayer the world's largest pesticides and seeds company, an outcome already facing strong criticism from environmentalists and some farm groups. Click here to read full stories.

Dec 11 - Brazil forward soy sales lag behind 2016, historical levels  

Brazil's soybean forward sales have lagged, consultancy Safras & Mercado said in a statement on Friday, as prices remained low and producers preferred to wait before making sales commitments. Farmers have sold 26.7 percent of the soybeans planted in the current 2017-18 crop cycle, representing some 30.575 million tonnes of a 114.7 million tonne output forecast, Safras said. Click here to read full stories.

Dec 11 - How Monsanto's GM cotton sowed trouble in Africa  

In 2000, farmers in Burkina Faso, Africa's top cotton grower, were desperate. Their cotton fetched top prices because its high-quality fibre lent a luxurious sheen to clothing and bedsheets. But pests – bollworms – were threatening the crop. Even when you dropped the bollworm larvae into a bucket of poison, farmers said, they kept swimming. Click here to read full stories.

Dec 11 - U.S. soy processors build new capacity at fastest rate in 20 years  

U.S. agricultural cooperatives are building new soybean crushing plants at the fastest rate in two decades as farmers in the world's top producer prepare to sow another record area with soy. The growth worldwide in the number of consumers with income to spend on pork and chicken has led to a rapid rise in demand for food to raise animals. Crushing plants produce high-protein soymeal feed for livestock and soyoil for food and fuel.Click here to read full stories.

Dec 11 - ED&F Man reviews physical grains trading, may exit business  

ED&F Man said on Friday it is reviewing its physical grains trading operations after a challenging year and may partially or entirely exit the business. The company said it would not be taking new positions in physical grains during the review, which is the latest leg of restructuring at the more than 230-year-old commodities firm, which last month saw the ouster of its chief executive officer and managing director of its commodities division. Click here to read full stories.

Dec 11 - Chinese beer-makers tap into Canadian barley after pint-sized Australia crop  

China has more than doubled its purchases of Canadian barley, taking advantage of bargain prices for the beer ingredient due to abundant high-quality supplies in Canada. The extra sales come at the expense of Australia and Europe, the world's two biggest barley-exporting areas, where harvests were disappointing due to a mix of drought and excessive rains. Click here to read full stories.

Dec 11 - California avocados hit with triple whammy of fire, wind and ash  

The wildfire that roared through the orchards ofCalifornia's Ventura County destroyed much of the region's avocado crop not just with flames, but also with fierce Santa Ana winds and a thick blanket of ash. With the so-called Thomas Fire just 10 percent contained by Friday afternoon, after blackening more than 132,000 acres across Ventura County and destroying some 400 homes and other structures, it is too soon to know the extent of the damage to the upcoming avocado harvest. Click here to read full stories.

Dec 11 - Argentine biodiesel imports hitting EU rapeseed crushers  

Imports of cheap Argentine biodiesel, which the EU permitted this autumn, are starting to cause problems for European rapeseed crushing mills and may force them to cut production, a leading German industry executive said on Friday. "The outlook for crushing mill production in the new year is looking uncertain in the EU,” said Thorsten Tiedemann, chief operating officer at Germa. Click here to read full stories.

 

Dec 11 - Asian CPO Ends Down on Sluggish Export Demand (Dow Jones)
Asian crude palm oil price futures ended Monday's trading session lower pulled down by lackluster export performance. Adding to the pressure was a stronger ringgit. Investors have been wary of rising production and waning demand. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended down MYR22 at MYR2,457/ton ($603).

Dec 08 - Asian Palm Oil Extends Run of Declines (Dow Jones)
Asian palm oil futures fell further today amid persistent investor concerns about rising supplies and slowing demand. Malaysia, the world's No. 2 grower after Indonesia, will have higher-than-expected inventories of the tropical oil, says a Kuala Lumpur-based trader. February futures on the Bursa Malaysia Derivatives Exchange fell 1% to MYR2,477/ton.

Dec 08 - China soybeans imports surge in Nov as port backlog clears  

China, the world's largest soy buyer, imported 8.68 million tonnes of beans in November, rebounding 48 percent from the prior month as a backlog of shipments from the United States arrived at ports, customs data showed on Friday. The November figures were also up 11 percent on year, thanks to robust demand in the world's top buyer of the oilseed, according to data from the General Administration of Customs. Click here to read full stories.

Dec 08 - U.S. soy export forecast seen holding despite slow start  

U.S. soybean exporters have shipped at a slower pace this crop year than in previous years, casting doubt on whether the industry will reach government forecasts for exports and potentially putting more strain on brimming storage facilities. The United States is the world's second-largest soybean exporter and is facing stiff competition in top market China from cheaper producers in South America such as Brazil and Argentina. Click here to read full stories.

Dec 08 - From Poles to Filipinos? UK food industry needs post-Brexit workers  

Britons who voted for Brexit in the hope of slashing immigration seem set for disappointment. In the farming and food industries at least, any exodus of Polish and Romanian workers may simply be followed by arrivals of Ukrainians and Filipinos. From dairy farms to abattoirs, employers say not enough Britons have an appetite for milking cows before dawn or disembowelling pig carcasses - jobs often performed by workers from the poorer, eastern member states of the European Union. Click here to read full stories.

Dec 08 - Trump open to biofuel policy reform, senators say after meeting  

U.S. President Donald Trump is open to reforming the country's biofuels policy if it can be done in a way that protects jobs in both the refining and agriculture industries, senators said on Thursday after a meeting with Trump on the issue. Nine lawmakers had requested the meeting to argue that the Renewable Fuel Standard, or RFS, a law requiring refiners to blend increasing amounts of biofuels like corn-based ethanol into the fuel supply every year, was threatening to put refineries in their districts out of business. Click here to read full stories.

Dec 08 - Antibiotics sales for use in U.S. farm animals dropped in 2016 - FDA  

The sale and distribution of antibiotics approved for use in food-producing animals in the United States decreased by 10 percent from 2015 to 2016, a U.S. Food and Drug Administration (FDA) report said on Thursday. It was the first decline in year-to-year sales since the FDA began collecting the data in 2009, according to food and consumer health groups. Click here to read full stories.

Dec 08 - JBS says listing of U.S. unit remains a priority despite setbacks  

Brazilian meatpacker JBS SA said listing a subsidiary in the U.S. remained a priority, even as two controlling shareholders in the company remain in jail for insider trading and their role in a corruption scandal. The long-planned initial public offering of its processed food subsidiary JBS Foods International BV was postponed in October on fallout from corruption scandals that hurt investor demand. Click here to read full stories.

Dec 08 - U.S. finds Canada lumber harms U.S. producers, duties to remain  

The U.S. International Trade Commission said on Thursday it made a final finding that exports of softwood lumber from Canada injure U.S. producers, virtually ensuring that hefty duties on imports of the building material will remain in place for five years. The decision will impose anti-dumping and anti-subsidy duties affecting about $5.66 billion worth of lumber and comes amid increasingly acrimonious talks on renegotiating NAFTA, the trilateral trade pact between the United States, Canada and Mexico. Click here to read full stories.

Dec 08 - Evicted white Zimbabwean farmer told he's going home  

A white Zimbabwean farmer kicked off his property at gunpoint in June has been told he will be going home within days, the first signs of the post-Robert Mugabe government making good on promises to respect agricultural property rights. Rob Smart, a 71-year-old farmer from the eastern district of Rusape, said he understood his case had been taken up by new President Emmerson Mnangagwa, who heard of Smart's violent eviction while at an investment conference in Johannesburg. Click here to read full stories.

 

Dec 08 - Asian Palm Oil Rangebound Ahead of Production Data (Dow Jones)
Asian palm oil prices remain rangebound ahead of a slew of data on Monday. Market focus will largely be on the release of production data for November out of Malaysia on Monday as investors look to see whether production remains above expectations. The Bursa Malaysia benchmark palm oil contract is currently trading up 13 ringgit a ton at MYR2,515 a ton.

Dec 08 - Whole-Milk Powder Supported by Latest Auction (Dow Jones)
Whole-milk-powder futures remain supported by the price gains in this week's Global Dairy Trade auction as nervousness remains about dry conditions in New Zealand. But High Ground Dairy notes that production remains strong in Australia and that there are reports China and Europe remain well-stocked. As a result, it thinks price gains could be limited. The NZX 3-month whole-milk-powder contract is up 0.2% at $2,940/ton.

Dec 08 - USDA's India Cotton Forecast Cut Due to Pests (Dow Jones)
India's cotton production for the year through July should fall short of prior forecasts because of a pest infestation, says the USDA. "Trade sources indicate a high incidence of pink bollworm and sucking pests for the first picking in certain districts in Telangana." Even so, the USDA expects output to rise from the prior season, with the agency's local office now expecting production to hit 29.8 million bales. Output last season was 27 million.

Dec 08 - Aussie Wool Prices Hit Fresh Record High (Dow Jones)
Australian wool prices hit their 11th record high of the year in local currency amid across-the-board demand, says farmer group Australian Wool Innovation. "The strong demand for prompt and nearby shipment almost singularly created the strengthening market." It adds that the willingness of overseas users to pay spot prices augers well for next week. The ASX Eastern Market Indicator, the global benchmark for wool, ended the week up 1.4% at A$16.99/kilogram; in greenbacks it climbed 0.8% to $12.82.

Dec 07 - Monsanto will prevail in Brazil patent dispute, S. American CEO says  

U.S. seeds company Monsanto Co is confident Brazilian courts will uphold its Intacta RR2 PRO soy seed patent despite a challenge from grain growers in the state of Mato Grosso, the company's chief of South American operations said on Wednesday. The Brazilian patents office, known as INPI, had conducted a rigorous analysis before granting the technology patent protection, Rodrigo Santos, chief executive officer of Monsanto's South American operations, said on Wednesday.Click here to read full stories.

 

Dec 07 - Canadian farmers reap surprisingly big canola, wheat harvests  

Canadian farmers harvested larger crops than expected this autumn, reaping record-large canola output and a surprisingly big wheat crop, a Statistics Canada report showed on Wednesday. A late harvest in Western Canada made the size of crops in the world's biggest canola exporter uncertain, but autumn weather was generally dry and beneficial for big yields. Click here to read full stories.

Dec 07 - U.S. soy exports falter in October while Brazil's shine -Braun  

The market is closely watching U.S. soybean exports to see whether the 2017-18 campaign will stumble amid record global supply, and October's data raises a red flag. U.S. corn and wheat demand is also staring down a global supply glut and stiff international competition, and October export volumes were some of the smallest in recent decades. Click here to read full stories.

Dec 07 - NZ's Fonterra cuts milk payout to farmers as global prices drop  

New Zealand dairy co-operative Fonterra cut its forecast payout to farmers for the 2017-18 season by NZ$0.35 to NZ$6.40 per kilogram of milk solids on Wednesday, citing volatility in global dairy markets. Chairman John Wilson said in a statement on Wednesday that strong European production and high levels of skim milk powder stockpiles as a result of European Union intervention had put downward pressure on global prices. Click here to read full stories.

Dec 07 - Brazil to decree trade terms for grains, oilseeds with Russia  

Brazil will issue a decree on Friday laying out terms of grains and oilseeds trade with Russia, particularly wheat and soybeans, which could help reopen the Russian market for Brazilian meat, agriculture minister Blairo Maggi said on Wednesday. Maggi said the decree will detail conditions for possible imports of Russian wheat by Brazil, as well as exports of Brazilian soybeans to Russia. The minister said talks continue to lift restrictions on Brazilian meat imports by Russia and the United States. Click here to read full stories.

Dec 07 - Argentine drought threatens to wallop late-planted corn and soy  

Juan Graneros does not remember the last time he saw rain fall on the soy and corn fields he leases in Argentina's bread-basket province of Buenos Aires, and he and fellow farmers are starting to doubt they can recover investments made in this year's crops. A drought that set in around the start of the Southern Hemisphere springtime on Sept. 21 in parts of the central farm belt threatens late-season soy and corn planting and the development of already sown crops. Click here to read full stories.

Dec 07 - Russia to continue sending grain aid to Syria - deputy PM  

Russia is likely to continue deliveries of grain crops to Syria as part of humanitarian aid supplies, irrespective of the military situation, Deputy Prime Minister Arkady Dvorkovich said on Wednesday. Russia, one of the world's largest wheat exporters, supports Syrian President Bashar al-Assad in the long-running civil war in Syria and has previously helped his government with wheat aid. Click here to read full stories.

Dec 07 - Farming startup Indigo raises $203 mln with help from Dubai fund  

Farming technology startup Indigo has raised more than $200 million from investors to fund its efforts to reform how crops including wheat, soybeans, cotton and corn are grown around the world. The Boston-based company announced on Wednesday an additional $47 million investment led by the Investment Corporation of Dubai, a state-owned sovereign wealth fund, bringing its latest financing round to $203 million. Indigo is valued after the latest round at $1.4 billion, Indigo's President and Chief Executive David Perry said in an interview. Click here to read full stories.

Dec 07 - Norway predicts higher seafood exports to China as tariffs drop  

China's finance ministry has announced cuts in seafood import tariffs, including for frozen salmon, which will likely give Norwegian exports to the country a significant boost, Norway's Industry and Fisheries Ministry said on Wednesday. "This is fantastic news," Fisheries Minister Per Sandberg said in a statement, adding that lower Chinese tariffs would be important to the Norwegian seafood industry. Click here to read full stories. 

 

Dec 07 - Malaysia Palm Oil Hits Lowest Level Since July (Dow Jones)
Malaysia palm oil prices continue to lose ground and is currently trading at its lowest level since early July. OCBC says ongoing strength in the Malaysia ringgit has been pushing prices lower. A slight fall in the ringgit in early trading may limit losses during the session. The Bursa Malaysia benchmark palm oil contract is currently trading down 26 ringgit at 2,509 ringgit a ton.

Dec 06 - Brazil soy farmers rely on barter for funding this season  

Soy farmers in Brazil's grain frontier state of Mato Grosso are relying more on barter then on their own capital to secure crop financing, growers association Aprosoja told Reuters on Tuesday. Based on data compiled by Mato Grosso-based research agency Imea, Aprosoja's director general, Wellington Andrade, said self funding represented only 19 percent of crop financing in the 2017-18 crop cycle, the lowest in almost a decade.Click here to read full stories.

Dec 06 - Deja vu for soybean market over Argentine dryness - Braun  

There is something about Argentina's weather that gives soybean traders short attention spans. And sure enough, the recent dryness is causing a stir. Concerns that Argentina’s soybean output is genuinely in danger are premature as the crop is only half-planted and the crucial development period is still months away. Click here to read full stories.

Dec 06 - Malaysia Nov palm oil stocks seen rising to near 2-year high  

Palm oil inventories in Malaysia are forecast to rise to the highest in nearly two years at end-November, as a fall in exports outpaces a decline in production, a Reuters poll showed. Stockpiles are expected to swell 11.4 percent to 2.44 million tonnes from end-October, which would be the highest level since December 2015 and mark a fifth consecutive month of gains, according to a median of nine planters, traders and analysts polled by Reuters. Click here to read full stories.

Dec 06 - Egypt wheat reserves at 3.4 mln tonnes, enough for 4-1/2 months - minister  

Egypt has 3.4 million tonnes of wheat reserves, enough for more than four-and-a-half months, the supply minister said on Tuesday. Egypt, the world's largest wheat buyer, said last month it expects to buy about 7 million tonnes of wheat during the fiscal year that began in July. Click here to read full stories.

Dec 06 - India's rapeseed output to drop 10 pct as farmers trim plantings -trade body  

India's rapeseed and mustard output is set to drop by at least 10 percent for the 2017/18 crop year as scanty rains and high temperatures prompted farmers to switch to other crops despite a recent hike in the import duty on edible oils, trade officials said. Rapeseed is typically processed into canola oil and is the main winter-sown oilseed crop in India.  Click here to read full stories.

Dec 06 - France's Lactalis to pay $600 mln for Brazil's Itambé - source  

Groupe Lactalis SA on Tuesday announced plans to buy Brazilian dairy company Itambé Alimentos SA in the first half of 2018, as the French group expands in Latin America's largest economy with its second major acquisition in recent years. Lactalis will pay about $600 million to the cooperative that owns Itambé, according to a person with direct knowledge of the deal, asking for anonymity because the discussions are private. Click here to read full stories.

Dec 06 - Agriculture adds jobs, helps lead Brazil economic recovery push - CNA  

Agriculture has been the only sector of the Brazilian economy to add jobs this year, a farm lobby said on Tuesday, helping the country recover from its worst recession in a century even though a meat processing scandal has weighed on agribusiness as a whole. Brazilian agriculture and agribusiness contributed 23.5 percent to the country's gross domestic product in 2017, the highest in 13 years, according to an estimate released on Tuesday by the farm lobby CNA. Click here to read full stories.

 

Dec 06 - Indonesia Palm-Oil Output to Rise Solidly (Dow Jones USDA)
The USDA predicts Indonesia's palm-oil production this season should rise 7% to 38.5 million tons. Furthermore, it adds due to the strong pace of sales in 2017 and expectations for plentiful supplies and competitive prices through 2018, palm oil exports for 2016/17 and 2017/18 were revised up to 27.5 and 28 million tons, respectively.

Dec 06 - Asian Palm Oil Ticks Up With Soybeans (Dow Jones)
Asian palm-oil prices are up modestly, rebounding from Tuesday weakness and helped by an overnight gain in oilseed prices. The Bursa Malaysia benchmark palm-oil contract is up 0.4% at MYR2,572/metric ton.

Dec 05 - Brazil's soy crop view raised as rains boost yields, says FCStone 

Brazil's 2017/18 soy crop could reach 107.6 million tonnes, broker and analyst INTL FCStone said on Monday, raising its forecast from 106.1 million tonnes previously as favorable weather is seen boosting agricultural yields. "The improvement on the projection for the crop, which is in the final stage of planting, is a result of revising upwards our yield numbers," Ana Luiza Lodi, INTL FCStone grains analyst in Brazil, said in the report. Click here to read full stories.

 

Dec 05 - China to phase out more pesticides in push to improve food safety  

China plans to eliminate another 12 highly toxic pesticides from use within five years, state media reported late on Monday, as the government looks to improve the safety of its farm produce. That comes amid an ongoing campaign to improve the environment and, in particular, tackle severe soil pollution.  Click here to read full stories.

Dec 05 - Cargill may partner on $4.3 bln rail project, Brazil chief says  

The Brazilian unit of Cargill Inc is in talks to form a consortium to bid for a $4.3 billion railway project that would unite grain-growing regions in central Brazil with northern ports, the business head said on Monday. Cargill's prospective partners to bid for the Ferrogrão railway project include rival grain traders Archer Daniels Midland Co, Bunge Ltd, and Brazil's Amaggi, said Luiz Pretti, president of Cargill in Brazil, on the sidelines of an American Chambers of Commerce event in São Paulo. Click here to read full stories.

Dec 05 - India fines Monsanto for delays in answering anti-trust questions  

India's anti-trust regulator has fined Monsanto Co 15 million rupees ($233,000) for being too slow in replying to questions in a competition probe into the U.S. seeds company. The Competition Commission of India (CCI) last year ordered an investigation into whether Monsanto had abused its dominant position as a supplier of genetically modified (GM) cotton seeds.  Click here to read full stories.

Dec 05 - Environmentalists say they'll try to sue German, EU authorities over glyphosate  

Environmentalist groups said on Monday that Germany and the European Union had broken the rules when assessing the safety of the weed-killer glyphosate and that they would try to bring legal actions against the institutes involved. Global 2000 and the Pesticide Action Network (PAN) said they had registered legal complaints with prosecutors in Vienna and Berlin, with lawsuits in France and Italy to follow. It was not clear how long it would take for the complaints to proceed, particularly as one body is pan-European and the other domestic, meaning they would potentially go through different courts. Click here to read full stories.

Dec 05 - Egypt aims to increase wheat cultivation to 3.74 mln acres  

Egypt, the world's largest wheat importer, is looking to plant 3.74 million acres of the crop this season, up from 3.11 million last year, the agriculture ministry spokesman said on Monday. Egypt's wheat harvest typically runs from about April through July and cultivation is currently underway, with about 1.66 million acres already planted, the spokesman said. Click here to read full stories.

Dec 05 - Russian wheat export prices stable amid high stocks, flat benchmarks  

Russian wheat export prices were broadly stable last week amid flat Chicago wheat prices, a global benchmark for the market, and high grain stocks in Russia despite strong export demand, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content for December delivery were $191 a tonne free on board (FOB) at the end of last week, up $0.5 from a week earlier, agriculture consultancy IKAR said.  Click here to read full stories.

Dec 05 - Australia's 2017/18 wheat output forecast to fall further to 20.3 mln T  

Australia's 2017/18 wheat production is expected to decline further, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) said on Tuesday, after recent storms damaged the crop and following a severe drought earlier in the season that reduced yields. The world's fourth-largest wheat exporter is forecast to produce 20.3 million tonnes of wheat this year, the agency said, down more than 6 percent from its September forecast of 21.64 million tonnes and 42 percent below last year's record crop of more than 35 million tonnes. Click here to read full stories.

Dec 05 - Australian wheat farmers at risk as La Nina declared  

The tropical Pacific Ocean has reached La Nina temperature levels, although climate models suggest the weather event will be weak and short-lived, Australian weather officials said on Tuesday. La Nina events are triggered by a drop in sea surface temperatures in the central Pacific Ocean, generally bringing stormier, colder winters to the northern hemisphere and warmer, wet summers in the southern hemisphere. Click here to read full stories. 

 

Dec 04 - Asian Crude Palm Oil Edge Lower on Worries of Rising Stocks (Dow Jones)
Malaysian palm oil futures swung between gains and losses to end weaker Monday amid worries over increasing inventories. "Production for November is expected to be higher, which might put pressure on stocks," says a Kuala Lumpur-based trader. Palm oil prices are expexted to trade in a range between MYR2,550/ton and MYR2,680/ton, says David Ng of Phillip Futures brokerage. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended down MYR20 at MYR2,583/ton ($636).

Dec 04 - Three years too short to replace glyphosate, French farmers say  

President Emmanuel Macron's promise to rid France of controversial weedkiller glyphosate within three years has left some farmers in the European Union's largest grain producing country on edge. After intense debate, the EU this week cleared U.S.-developed glyphosate for another five years despite concerns that the most widely used pesticide in the world can cause cancer. Click here to read full stories.

 

Dec 04 - Funds bought CBOT corn last week despite price slide - Braun  

Speculators seem ready to put extreme pessimism toward Chicago-traded corn behind them, chipping away at their once-record short position last week despite another sag in futures near contract lows. In the week ended Nov. 28, money managers cut their bearish bets in CBOT corn futures and options to 196,763 contracts from 210,466 in the prior week, according to data from the U.S. Commodity Futures Trading Commission. Click here to read full stories.

Dec 04 - Trump plans to meet oil industry reps on US biofuel policy - sources  

U.S. President Donald Trump has agreed to meet with representatives of the oil refining industry and their legislative backers to discuss the nation's biofuels program, according to two sources briefed on the matter. The White House meeting could set the stage for negotiations over possible legislation to overhaul the U.S. Renewable Fuel Standard - a 2005 law that requires refiners to blend increasing amounts of biofuels like ethanol into the nation's gasoline each year, the sources said, asking not to be named. Click here to read full stories.

Dec 04 - Brazil corn production to fall nearly 17 pct this season - Safras  

Brazil's corn production will drop by almost 17 percent in the 2017/18 crop cycle, consultancy Safras & Mercado said on Friday, reflecting a reduction in estimated planted area and lower prices for the grain. Corn output will total 90.52 million tonnes compared with a Safras estimate of 108.87 million tonnes for production in the 2016/17 crop season, the consultancy said. Click here to read full stories.

Dec 04 - EU raises wheat, maize crop estimates, cuts rapeseed  

The European Commission increased its monthly estimate of 2017/18 usable production of common wheat in the European Union by 1 million tonnes to 142.5 million tonnes, official data showed. The EU's executive also raised its estimate of this season's maize (corn) production in the 28-country bloc, to 62.2 million tonnes from 58.5 million previously, the data posted on its website showed. Click here to read full stories.

Dec 04 - China set to approve more French pork, speed up beef access - French minister  

China, the world's top consumer of pork, is set to approve more imports of French pork, processed meat and infant formula, French Finance Minister Bruno Le Maire said in Beijing on Friday, after Beijing agreed to publish the results of plant inspections carried out two years earlier. China requires every plant that exports meat products to the country to first pass inspections by its quarantine officials. Inspections had been carried out in France in 2015 but not yet published, preventing the French firms from exporting their product to China. Click here to read full stories.

Dec 04 - French soft wheat sowing 99 percent complete by Nov 27 - farm office  

French farmers had virtually finished sowing soft wheat for next year's harvest by Nov. 27, with 99 percent of the expected area sown, data from farm office FranceAgriMer showed on Friday. Sowing of durum wheat, the variety used to make pasta, was also in its latter stages, with 86 percent of the expected area sown by Monday, the weekly data showed. Click here to read full stories.

Dec 04 - Italy needs to do more against olive tree disease - EU health chief  

The EU's top health official called on Italy to do more to contain a bacterium that has ravaged olive groves in part of the country and for which no treatment currently exists. The Puglia region in southern Italy was the first area in the European Union to be hit by the Xylella fastidiosa pathogen in 2013, also dubbed "olive tree leprosy".
Click here to read full stories.

 

Dec 04 - Asian Palm Oil Helped by Bargain-Hunting (Dow Jones)
Asian palm-oil prices are slightly higher amid some likely bargain-hunting following its recent slide. There's also concerns about possible La Nina impacts, including potential heavy rain. The Bursa Malaysia benchmark palm-oil contract is up 0.7% at MYR2,622/ton.

Dec 04 - Sime Darby Plantations a Good La Nina Proxy (Dow Jones)
Sime Darby, the world's largest plantation company by planted area, is a good proxy to trade on a potential La Nina, says Nomura. That's because such a weather cycle occurring would drive 2018 average crude-palm-oil prices up 7% on reduced output. Sime Darby's plantations produce around 4% of world palm-oil supply. Australia's Bureau of Meteorology most recently said there's a 70% chance of a La Nina forming in the next few months.

Dec 04 - Aussie Wool Prices Gain Amid Pre-Christmas Demand (Dow Jones)
Australian wool prices are back on the rise amid strong demand for near-term shipments. "Some mills are still in need of raw-wool requirements prior to the Christmas recess in order to keep production flowing and fabric and garment orders fulfilled into the New Year," notes the Australia Wool Innovation. The farm body adds that the top 3 or 4 buyers continuing to dominate the purchasing weakened somewhat last week. The Eastern Market Indicator, the global benchmark for wool prices, rose 0.4%.

Dec 01 - After drought, monster storm threatens Australia's wheat crop 

Heavy rains in eastern Australia forecast to intensify over the weekend are threatening to wipe out or damage up to 4 million tonnes of wheat due to be harvested soon, with many grain storage sites forced to close. Most of the state of Victoria and parts of the states of South Australia and New South Wales were facing a "major weather event" in coming days from torrential rains, forecasters said.Click here to read full stories.

 

Dec 01 - Cheap global supplies put kink into Chinese corn reform: Braun  

China’s 2016 effort to reform its corn market through eliminating price supports and stockpiling has apparently worked to some extent. But the results may not be exactly what Beijing was looking for as foreign imports could ramp up amid cheap global prices. Over the past month, China has reportedly purchased up to 700,000 tonnes of primarily U.S. corn for delivery early next year. This trend is expected to continue since the import prices are much more attractive than those for the domestic product. Click here to read full stories.

Dec 01 - U.S. EPA ups biofuel targets slightly, draws scorn from refiners 

The U.S. Environmental Protection Agency said on Thursday it will require fuel companies to blend slightly more biofuels into the nation's gasoline and diesel next year, angering oil refiners who view them as a competitive threat. The announcement follows weeks of lobbying by Midwestern lawmakers and representatives of the corn industry who wanted the agency to reject recent proposals from the oil industry to water down the U.S. biofuels mandates. Click here to read full stories.

Dec 01 - Fonterra to pay Danone lower than expected $125 mln over contamination scare 

New Zealand dairy firm Fonterra has been ordered to pay French company Danone SA 105 million euros ($125 million) over a contamination scare, a smaller than expected sum, though it prompted Fonterra to cut its earnings forecast. An arbitration tribunal made the ruling on Friday in a dispute between Fonterra, the world's biggest dairy producer, and Danone over a scare involving a Fonterra ingredient used by the French food manufacturer in 2013, which led to a recall based on erroneous information. Click here to read full stories.

Dec 01 - Argentina beef exports to rise 35 pct yr/yr in 2017 - industry group 

Argentina will export close to 320,000 tonnes of beef in 2017, up 35 percent from the prior year due largely to greater demand in China, the head of the Argentine Beef Promotion Institute (IPCVA) said on Thursday. The South American country, once one of the world's largest beef exporters, has sought to reposition itself as a leader in the global beef market since President Mauricio Macri eliminated export taxes and restrictions shortly after taking office in December 2015. Click here to read full stories.

Dec 01 - Onion prices rally in Asia as India restricts exports  

Asian countries like Bangladesh and Malaysia are struggling to secure supplies of onions after the world's biggest exporter India restricted overseas sales amid limited availability in the global market. Onions, an essential part of the diets of millions of Asians, are likely to remain expensive and scarce for at least two months until India lifts curbs on exports, traders said. Click here to read full stories.

Dec 01 - Russia's winter grain sowings in worse condition y/y - weather forecaster 

Russia's winter grain sowings are in a worse condition than a year ago, but snow and rains may help in December, the head of the weather forecaster Hydrometcentre said on Thursday. Russia, one of the world's largest wheat exporters, harvested a record grain crop this year mostly due to favourable weather in spring and early summer. Click here to read full stories.

Dec 01 - Armyworm has infected 50 pct of Malawi's planted maize 

Half of Malawi's maize has been infected by crop-munching armyworms, a senior government official said on Thursday. The pest has infested 35,870 hectares, or 50.3 percent, of the planted irrigation maize by October, Albert Changaya, an official in Malawi's agricultural department told a U.N. Food and Agriculture Organisation meeting in Johannesburg. Click here to read full stories.

Dec 01 - Canada canola, wheat harvests bigger than expected -trade  

Canadian farmers harvested the biggest canola crop on record, slightly larger than was expected in September, a Reuters survey of 15 traders and analysts showed ahead of a key government report. Wheat production is also seen higher than earlier expectations, as favorable weather produced big yields. Click here to read full stories.

Dec 01 - EU awards 16,790 T wheat imports under tariff-rate quotas 

The European Union awarded this week 16,790 tonnes of wheat imports under its tariff-rate quotas, official data showed on Thursday. This included 16,750 tonnes of wheat under a reduced-tariff quota open to all origins except the United States, and 40 tonnes under a tariff-free quota for Canadian wheat, the data showed. Click here to read full stories. 

 

Dec 01 - Malaysian Cash Market Prices for Palm Oil Unavailable due to Prophet Muhammad's Birthday holiday.

Nov 30 - Asian CPO Ends Stronger on Gains in Rival Oils (Dow Jones)
Malaysian palm oil futures ended Thursday's trading session higher in line with rival soy oil prices. The recent fall in prices of the tropical oil attracted bargain buyers, says David Ng of Philip Futures in Kuala Lumpur. He expects prices to trade between MYR2550/ton and MYR2650/ton. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended MYR41 higher at MYR2,604/ton. ($636.2)

Nov 30 - Another bumper Russian grain crop likely in 2018 – consultancy 

Russia, a major global wheat exporter, is expected to produce another large grain crop in 2018 following a record crop this year and increasing pressure on prices, leading agriculture consultancy SovEcon said on Wednesday. In the first major estimate for 2018, SovEcon said Russia's grain harvest could amount to 128.2 million tonnes next year after this year's record 134 million tonnes.Click here to read full stories.

Nov 30 - Ballooning corn, soy crops will raise stakes for U.S. demand: Braun 

The U.S. government clings to a relatively optimistic view on domestically grown soybeans for the long term, though the prognosis for corn is less encouraging. Soybeans, however, could find themselves in the same boat as corn if this year's projected soy demand proves too lofty.Click here to read full stories.

Nov 30 - Brazil soybean outlook may rise as climate fears wane - analysts  

Brazilian analysts are likely to raise their soybean output forecasts in coming weeks as climate fears have subsided and the crop is developing well, four consultancies told Reuters this week. Brazil, the world's largest exporter of the oilseed and the No. 2 producer after the United States, is currently expected to harvest 109.43 million tonnes of soy in the 2017/18 cycle, based on an average of forecasts compiled in a recent poll.  Click here to read full stories.

Nov 30 - China's Hunan Dakang aims to expand Brazil business from soy to beef  

China's Hunan Dakang International Food and Agriculture Co, which has acquired controlling stakes in two Brazilian soy companies, is next looking to enter the beef business in the country, its chairman told Reuters on Wednesday. Since 2016, Dakang has gained capacity to handle around 5 million tonnes of grains per year by partnering with two firms that barter goods and services for soybeans and corn in the two largest producing states in the country, Mato Grosso and Paraná. Click here to read full stories.

Nov 30 - Qatar builds dairy industry in desert as it defies Arab boycott  

Deep in the Qatari desert, a herd of cows stands in a vast shed, cooled by fans and jets of mist - each animal a key player in a plan to defy a trade boycott and make the kingdom self-sufficient in milk by next year. The black and white Holstein cattle are among the first members of a 14,000-strong herd that farming company Baladna is expecting to build up in coming months, its chief executive John Dore told Reuters in an interview. Click here to read full stories.

  

 

Nov 30 - Asia Palm-Oil Prices Rebound From 4-Month Low (Dow Jones)
Asian palm-oil prices have bounced back slightly in early trading after hitting 4-month lows yesterday. OCBC says much of the pressure has come from the rallying Malaysian ringgit. Focus today will likely be on the month's palm-oil export estimates. The Bursa Malaysia benchmark palm-oil contract is up 0.6% at MYR2,578/ton.

Nov 30 - Malaysia Stocks Edge Up Amid Regional Declines (Dow Jones)
Malaysia stocks are up slightly, bucking regional softness, even as bank stocks eased. The FBM KLCI was up 0.1% at 1722 even as lenders Hong Leong and Public fell 0.5% and 0.3%, respectively. Meanwhile, Sime Darby resumes trading, jumping 24% from its adjusted price after its breakup. But Sime Darby Plantation falls 1.6% and Sime Darby Property slumps 17% from their reference prices.

Nov 29 - China buys up to 700,000 T of corn for import as domestic prices rally 

China has bought around 10 to 12 cargoes of mainly U.S. corn in the past month and is set to step up purchases as a record gap between domestic and international prices encourages buyers to seek out cheap imports, three trade sources said. Overseas purchases by the world's second-largest corn consumer had plunged in the second half of last year, after domestic supplies became much cheaper following an overhaul in farm policy. Click here to read full stories.

 

Nov 29 - India's wheat, pulses output seen rising, to curb imports-trade 

India's production of wheat and pulses is expected to jump in 2018 as a hike in the government's assured purchase prices and ample rainfall have prompted farmers to plant more of the winter crops, industry officials told Reuters. Higher production will help the south Asian country reduce imports of pulses in the 2018/19 fiscal year starting April 1 and and could allow it to avoid buying overseas wheat for the first time in three years. Click here to read full stories.

Nov 29 - USDA sees record-high U.S. soy acres, more corn in 2018-19  

U.S. farmers are likely to plant a record amount of land with soybeans in 2018 and will also boost the area devoted to most other major crops, the U.S. Agriculture Department said on Tuesday. If the forecasts are borne out, then another year of bumper supply could prolong a global glut of grains that has kept prices of soybean and corn depressed for years. Low prices for basic grains have hurt farmers' incomes worldwide. Click here to read full stories.

Nov 29 - Sizable fund shorts still hang over CBOT grain market: Braun 

There is simply too much supply in the world to shake speculators from their tremendously bearish view of Chicago-traded grain futures and options, and their hefty short stance still looms over the market. Combining net positions through Nov. 21 in CBOT corn and wheat, K.C. wheat, and Minneapolis-traded wheat futures and options, money managers hold a short position in grains twice as large as they did one year ago, which had been near record for the time of year.  Click here to read full stories.

Nov 29 - Canada opens WTO case against United States over lumber duties  

Canada on Tuesday formally opened a case against the United States at the World Trade Organization over a recent Commerce Department decision to impose duties on Canadian lumber exports, the foreign ministry said. A ministry statement said Canada would forcefully defend the lumber industry against the "unfair, unwarranted and deeply troubling" decision. Click here to read full stories.

Nov 29 - Merkel scolds ally to shield coalition talks from weedkiller row 

German Chancellor Angela Merkel scolded a minister on Tuesday in a bid to shield talks on forming a coalition government from a dispute between cabinet colleagues over an EU licence for a weedkiller. Conservative Agriculture Minister Christian Schmidt angered the centre-left SPD on Monday by breaking protocol to back a European Union proposal to extend the use of glyphosate in the bloc for another five years, a measure opposed by the SPD. Click here to read full stories.

Nov 29 - Minerva expects Brazil to resume beef exports to U.S. in Q1 

Minerva SA, Brazil's fourth-largest listed meat company by sales, expects the country will resume fresh beef exports to the United States in the first quarter of 2018, Chief Executive Fernando Galletti said on Tuesday. The United States had halted the import of fresh Brazilian beef in June after a high percentage of shipments failed to pass U.S. Department of Agriculture safety checks. The USDA said the suspension would remain until Brazil's Agriculture Ministry took corrective action.  Click here to read full stories.  

 

Nov 28 - Asian Crude Palm Oil Falls on Weaker Demand, Higher Production (Dow Jones)
Asian crude palm oil price futures continue to be lower due to sluggish exports. "Weakening demand could further weigh on prices," says a Kuala Lumpur-based trader. An improvement in production and weakness in related oils also contributed to the decline in palm oil prices. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended down MYR2 at MYR2,587 /ton. ($630.4)

Nov 28 - Germany swings EU vote in favour of weed-killer glyphosate  

Germany defeated its key EU ally France in a very tight vote on Monday to clear the use of weed-killer glyphosate for the next five years after a heated debate over whether it causes cancer. After months of indecisive votes among the 28 member states in Brussels, Germany, whose Chancellor Angela Merkel has yet to form a new coalition after a September election, came off the fence after abstaining in previous meetings. It said it backed a European Commission proposal against the wishes of France.Click here to read full stories.

 

Nov 28 - EU crop monitor lifts 2017 maize, sugar beet yield estimates  

The European Union's crop monitoring service on Monday slightly raised its monthly yield estimates for grain maize and sugar beet in 2017 and said winter grain sowings ahead of the 2018 harvest were developing well in most countries apart from Spain. The MARS service estimated grain maize yields in the EU at 6.92 tonnes per hectare (t/ha), up from 6.91 t/ha but 3.2 percent below last year's yield. Click here to read full stories.

Nov 28 - Louis Dreyfus to buy Chinese oilseed firm from Golden Agri  

Global trading house Louis Dreyfus Company is to buy an oilseed crushing and vegetable oil refining business in China from Singapore-based Golden Agri-Resources, extending its presence in the world's biggest oilseed importing country. A Louis Dreyfus subsidiary is to buy Sinarmas Natural Resources Foodstuff Technology (Tianjin) Co. from a subsidiary of Golden Agri-Resources on the basis of an enterprise value of $111 million, Golden Agri-Resources said in a filing on Monday.The final price is subject to adjustment, the filing said. Click here to read full stories.

Nov 28 - Scarce rains to complicate Argentina soy and corn planting - meteorologists  

Below-average rain in the first two weeks of December will complicate planting of late-sowed corn and soy in most of Argentina's central grains belt, meteorologists told Reuters on Monday. After abundant rains in the first half of the year, the southern hemisphere spring - which began in September - has brought lower-than-normal precipitation to the world's No. 3 corn and soybean exporter. While that has benefited flooded farms, dryness could spell trouble for the 2017-18 harvest. Click here to read full stories.

Nov 28 - Russian wheat export prices down on competition with US, EU wheat  

Russian wheat export prices fell slightly last week due to stronger competition with wheat from the United States and the European Union, analysts said on Monday. Chicago wheat futures, a benchmark for the global market, slipped on Friday and continued their decline on Monday due to weak U.S. wheat export data also dragging the Paris wheat price down. Click here to read full stories.

Nov 28 - China's COFCO International sees growth after digesting deals - FT  

Chinese grain trading group COFCO International aims to expand rapidly after focusing this year on integrating overseas acquisitions, its CEO told the Financial Times. COFCO International (CIL) spent more than $3 billion to buy Dutch trader Nidera and Noble Agri, the soft commodities arm of Noble Group. But it has faced an arduous integration process after inheriting losses at Nidera. Click here to read full stories.

Nov 28 - Minerals miner K+S settles with conservationist group  

German potash miner K+S has agreed to cut waste water discharge volumes by a million cubic metres over the next four years in a settlement deal with German conservationist group BUND, which dropped a lawsuit in return. K+S has been trying to come to terms with local communities and environmentalists, who are fighting its practice of injecting salty waste water - a byproduct of processing potassium ore into fertiliser products - into porous layers of rock.
Click here to read full stories.

 

Nov 28 - Asian Palm Oil Gets Some Bargain-Hunting Support (Dow Jones)
Asian palm-oil prices tick up amid some bargain-hunting. But pressure remains as Malaysian export estimates continue to show demand falling this month. The Bursa Malaysia benchmark palm-oil contract is up 0.3% at MYR2,598/ton.

Nov 27 - WH Group woos Chinese eaters with spicy pork, sticky rice sausages  

WH Group, the world's top pork producer, is adding new varieties of packaged foods to counter slowing Chinese pork demand and woo the expanding middle class of the world's most populous nation that is embracing a wider diet of meats.Drawing on the expertise of its Smithfield business in the United States, WH's domestic unit Shuanghui Development is launching products that meet regional flavours and satisfy the demand for snacking and convenience, while also boosting its range of premium fresh chilled meats. Click here to read full stories. 

Nov 27 - China to hold cotton auctions from March 2018 - state planner  

China will hold a round of cotton auctions from March 12, 2018, the National Development and Reform Commission (NDRC) said on Monday.A daily total of 30,000 tonnes of cotton will be available for bidding in the auction, which is provisionally set to run until August, according to a brief statement from the NDRC, China's top economic planner. Click here to read full stories.

Nov 27 - Argentina permits new soybean seed as EU debates weed-killer glyphosate  

Argentina authorized on Friday the use of genetically modified soybean seeds resistant to herbicides other than glyphosate, as the European Union (EU) debates whether to extend the license of weed-killers containing the ingredient.The EU debate comes amid concerns the active ingredient in Monsanto Co's popular weed-killer Roundup causes cancer. That has caused concern in the South American country, the No. 1 exporter of soybean meal and soybean oil and No. 3 raw soybean exporter, that its exports to the EU could be in jeopardy. Click here to read full stories.

Nov 27 - French maize harvest finished, soft wheat sowing almost over  

French farmers finished harvesting this year's grain maize crop in the week to Nov. 20, data from farm office FranceAgriMer showed on Friday.The grain maize harvest was 100 percent complete by Monday after being 99 percent done a week earlier, FranceAgriMer said in a weekly crop report. Click here to read full stories.

Nov 27 - Soyoil prices likely to fall on India tariff hike - Argentine exporters  

World soyoil prices will fall as a consequence of India's decision last week to raise an import tax on edible oil to the highest level in more than a decade, Argentina's export industry chamber said on Friday.The tax hike, announced on Nov. 17, put India, the world's top soyoil importer, at odds with No. 1 exporter Argentina. Click here to read full stories.

Nov 27 - Danish pork exports to China fall after spike in local supply  

The world's largest pork exporter Danish Crown said on Friday its sales to China had fell in the year 2016/2017 after a temporary spike in Chinese supplies prompted by the forced closure of some farms due to tighter environmental rules.But the firm said it expected to increase sales to China as demand returns from local consumers for Danish meat, which it said already offered high quality and safety standards. China accounts for about 5 percent of Danish Crown's total sales. Click here to read full stories.

Nov 27 - China to subsidise grain transportation and storage facilities  

China plans to subsidise grain transportation and storage facilities in the latest push by Beijing to modernise the world's largest agriculture sector.Beijing will subsidise projects upgrading or building facilities to load and receive grains along main railways and ports for major waterways including the Yangtze and Pearl rivers, a document issued by China's National Development and Research Commission (NDRC) said on Friday. Click here to read full stories.

Nov 27 - French court suspends two Dow pesticides over potential harm to bees  

A French court suspended on Friday the licence for two pesticides made by Dow Chemical, citing uncertainty over environmental risks including their effects on bees.The preliminary ruling by an administrative court in the city of Nice overturned a decision by France's health and environment agency ANSES in September to grant a permit for the Closer and Transform crop chemicals, which contain the insecticide sulfoxaflor. Click here to read full stories.

 

Nov 27 - Asian Palm-Oil Prices at 3-Month Low (Dow Jones)
Asian palm-oil prices hit their lowest level since August as Malaysia export data from cargo surveyor Intertek indicates that demand has fallen off this month. Exports fell 8.4% for Nov. 1-25 from the same period last month. The Bursa Malaysia benchmark palm-oil contract is down 1.1% at MYR2,600/ton.

Nov 27 - Aussie Wool Prices Fall as Supplies Stay Ample (Dow Jones)
Australian wool prices ended last week slightly lower due to large volumes being available and reports that some buyers are having issues accessing finances, says farmer group Australian Wool Innovation. This as there's just 3 weeks of auctions left to sell at before the Christmas recess. "The weaker (price) trend is sure to encourage some absent buyers back into the market given they can find the cash." The Eastern Market Indicator, the global benchmark, fell 0.8% to A$16.69/kilogram.

Nov 24 - Asian CPO Ends Higher in Line with Crude Oil Prices, Rival Oils (Dow Jones)
Malaysian palm oil futures recover from Thursday's losses to end higher, guided by gains in crude oil and slight improvement in soy oil prices. Investors are waiting for export estimates forNov. 1-25 which is due on Saturday before taking fresh trading positions. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended up MYR17 at MYR2,626/ton. ($637.7)

Nov 24 - Monsanto says Mexico revokes permit to market GMO soy in 7 states 

Monsanto Co said on Thursday that Mexico's agriculture sanitation authority SENASICA had revoked its permit to commercialize genetically modified soy in seven states, criticizing the decision as unjustified.Monsanto said in a statement that the permit had been withdrawn on unwarranted legal and technical grounds. The company said it would take the necessary steps to safeguard its rights and those of farmers using the technology, but did not elaborate. Click here to read full stories.

Nov 24 - IGC raises forecast for 2017/18 global corn crop 

The International Grains Council (IGC) on Thursday raised its forecast for global corn (maize) production in 2017/18 by 6 million tonnes to 1.04 billion tonnes, in part reflecting an upward revision for the U.S. crop.The U.S. Department of Agriculture raised its forecast of the U.S. corn crop earlier this month as harvest yields came in at record levels. Click here to read full stories.

Nov 24 - Brazil's Anec sees more corn exports, 2017 still tough for traders 

Brazilian grain exporters association Anec revised upward its forecast on Thursday for corn exports this year, but commodities traders operating in the country may still see their worse performance in a decade as margins are squeezed amid a bumper harvest.Sérgio Mendes, director general at Anec, said during an industry event in São Paulo that the association sees Brazil exporting 33 million tonnes of corn this year due to a drought in Eastern Europe. That estimate rose from a forecast of 30 million tonnes released earlier in November. Click here to read full stories.

Nov 24 - India cotton exports to drop as pink bollworms eat crop

India is likely to export nearly one-fifth less cotton than previously estimated as pink bollworms are set to eat into the south Asian country's output which was expected to hit a record, industry officials told Reuters on Thursday.Lower exports from the world's biggest producer will help its rivals like the U.S., Brazil and Australia to raise their exports to Asian buyers like Pakistan, China and Bangladesh. Click here to read full stories.

Nov 24 - Canada's peas acreage set to fall as top buyer India imposes tariff

India's decision to impose a steep tariff on pea imports could jeopardize $1 billion worth of pulse trading with Canada, which may cause farmers there to trim their pea acreage by nearly one-third.Earlier this month, India imposed a 50 percent import tax on peas, as pulse prices fell below their government-set support levels because of record output. Click here to read full stories.

Nov 24 - Asia Palm Oil Aided by Broad Commod Strength (Dow Jones)
Asian palm oil price are like to remain supported by broad strength in commodities, including rising oil prices. Markets will be keen to see whether the next round of Malaysia palm-oil-export estimates will show a pickup from the slight decline seen for Nov. 1-20.

Nov 23 - Asian CPO Ends Down on Higher Output Worries (Dow Jones)
Asian crude palm oil price futures returned to losses Thursday amid concerns about an increase in production. "Fears of rising production and waning demand have cast a gloom on investors, with most staying on sidelines," says a Kuala Lumpur-based trader. A stronger ringgit also weighed on sentiment, he adds. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended MYR36 lower at MYR2,608/ton ($634).

Nov 23 - Brazil pushes back decision on Bayer-Monsanto tie-up 

Brazilian antitrust agency Cade on Wednesday extended its deadline to review the takeover of Monsanto Co by Bayer AG by 90 days to late March, potentially spoiling plans to wrap up the $66 billion tie-up by the end of the year. A spokesman said Cade had approved the extension at a session on Wednesday.Bayer and Monsanto declined to comment on the decision. Click here to read full stories.

Nov 23 - Bunge widens exec takeover payout scheme after Glencore approach 

Grain merchant Bunge Ltd has sweetened compensation packages for top executives in the case of a takeover, according to the company's regulatory filings, around six months after rebuffing an approach by commodity trading giant Glencore PLC. Bunge and its rivals have seen profits fall as several years of oversupply in global grains markets have cut the trading margins that merchants can make for buying and selling corn, soy and wheat. Bunge has said conditions in the sector could trigger consolidation.  Click here to read full stories.

Nov 23 - China's pig farmers go north, upending world's top meat, grain market

China's largest pig farming companies and new entrants are racing to build vast, modern hog farms in the north-eastern cornbelt, expanding the world's biggest pork market and upending traditional trade flows in meat and grain. At least eight listed companies have announced or confirmed plans to produce around 17 million pigs annually in the north-east in coming years.  Click here to read full stories.

Nov 23 - Brazil's BRF appoints Drummond as CEO to kick-start results 

The board of food processor BRF SA has tapped veteran Brazilian executive José Aurélio Drummond Jr to lead a turnaround after a string of losses. Drummond will take over as chief executive officer from Pedro Faria on Dec. 22, according to a securities filing on Wednesday. Click here to read full stories.

Nov 23 - Malaysia, Indonesia say EU palm resolution will affect millions 

Millions of people running small-time oil palm plantations will suffer if the European Parliament goes ahead with "unfair" measures that could curb palm oil use, the world's two largest palm oil producers said on Wednesday. In April, the European Parliament backed a call for greater vetting of palm and other vegetable oils used in biofuels to prevent the European Union's renewable transport targets for post-2020 leading to deforestation. Click here to read full stories.

Nov 23 - Deere's shares surge after earnings beat estimates 

Deere & Co's shares surged on Wednesday after the equipment maker beat quarterly earnings estimates and predicted further improvements in the coming year, amid strong sales in South America and higher demand in the United States and Canada. The Moline, Illinois-based company forecast net sales for fiscal 2018 to jump 19 percent, translating into sales of $35.39 billion, and earnings to rise to about $2.6 billion. Click here to read full stories.

Nov 23 - Iranian government ends seasonal rice import ban - IRNA 

Iran's government on Wednesday ended its seasonal import ban on rice which was imposed to support local prices during the harvest season, state news agency IRNA reported.Rice imports will be permitted until July 22, 2018, IRNA said, citing the Ministry of Industry, Mine and Trade. Click here to read full stories.

Nov 23 - Asian Palm Oil to Stay Range-Bound for Now (Dow Jones)
Asian palm-oil prices are likely to remain range-bound as the market looks for any news on production in Malaysia and Indonesia. Output was better than expected in October, pressuring prices that have remained strong due to concerns that supplies will tighten going into 1Q. Click here to read full stories.

Nov 22 - Asian CPO Ends Higher on Gains in Rival Soy Oil (Dow Jones)
Malaysian palm oil futures ended Wednesday's trading session higher in line with strength in competing soy oil. The recent sell down also attracted buyers, notes David Ng of Philip Futures in Kuala Lumpur. Fresh export estimates for Nov. 1-25, which will be released later this week, is expected to give a new trading direction. Ng expects prices to trade within the range of MYR2,600/ton and MYR2,700/ton. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended up MYR22 at MYR2,644/ton ($643).

Nov 22 - Soggy corn raises costs for U.S. grain exporters 

Wet corn is piling up in the U.S. Midwest, boosting premiums for dry grain and raising costs for exporters who already have been undercut in global markets by cheaper Argentine supplies, traders said on Tuesday.The slowest U.S. corn harvest in three years was beset by rains and cool weather during the past two months that prevented later-planted crops from drying naturally in the fields. Corn supplies going into the harvest were the largest since 1988 and space in on-farm storage and dryers is at a premium.  Click here to read full stories.

Nov 22 - Agribusiness firms discouraged by Saudi mills sale terms 

An unwieldy sale process and onerous ownership rules are discouraging some potential investors from bidding for Saudi Arabia's state-owned grain mills, sources close to the firms say, in a potential snag for the kingdom's economic reforms.Crown Prince Mohammed bin Salman wants to modernise Saudi Arabia and reduce its dependence on oil. The kingdom is selling assets worth about $300 billion to fund the plan and potential foreign investors and bankers are watching the sales closely. Click here to read full stories.

Nov 22 - Russia ban on Brazil meat exports may soon be reversed - ABPA

A temporary ban imposed by Russia on Brazilian beef and pork exports may be reversed soon, potentially minimizing the impact on local producers, an industry group and a market analyst told Reuters on Tuesday.Russia's agriculture safety watchdog Rosselkhoznadzor said on Monday it would place temporary curbs on pork and beef imports from Brazil starting Dec. 1, after the feed additive ractopamine was found in some shipments. Click here to read full stories.

Nov 22 - Dynamic soy market stomps on USDA’s long-term projections - Braun 

U.S. soybean fundamentals are not getting any easier to predict, at least judging by the government’s annual long-term forecasts.Market participants will soon take their first peek at U.S. supply and demand figures for the 2018/19 crops, and a sizable revision could be in store for soybeans given last year’s missed forecast. Click here to read full stories.

Nov 22 - Australia's weather bureau issues La Nina alert 

Australia's Bureau of Meteorology has issued an alert for a La Nina weather event starting next month, saying the chance it would take place was triple the normal likelihood.The weather occurrence La Nina is triggered when sea surface temperatures in the central Pacific Ocean drop to lower-than-normal levels. It generally implies stormier and cold winters in Asia's northern hemisphere and warm but wet summers in the southern hemisphere. Click here to read full stories.

Nov 22 - What's your beef? Europe, Latin American trade talks falter 

A battle over beef between the European Union and Argentina and Brazil could push trade talks beyond a year-end deadline and lead to further years of delay.On-off trade talks between the EU and the Mercosur group of Argentina, Brazil, Paraguay and Uruguay have spanned 17 years. Click here to read full stories.

Nov 22 - Dairy Prices Fall as Global Production Firms (Dow Jones)
Dairy prices fell more than expected at the overnight global auction, which ASB Bank senior rural economist Nathan Penny says reflects improved global output. "In particular, EU production is now running well ahead of this time last year. And more recently, NZ nationwide production has rebounded from very-wet weather, posting a 2.9% lift" last month versus a year earlier. The Global Dairy Trade price index ended down 3.4%.

Nov 21 - Asian Crude Palm Oil End A Bit Higher on Bargain Hunting (Dow Jones)
Malaysian palm oil price futures swung between losses and gains to end a bit higher Tuesday as weakness in prices attracted bargain hunters. But the price rise may well prove to be temporary. "Anticipation of weak export demand and rising production will put a lid on gains," says a Kuala Lumpur-based trader. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended up MYR7 at MYR2,635/ton. ($636.9)

Nov 21 - Australia's GrainCorp posts bumper profit but cloudy outlook hits shares 

Australia's biggest grain handler GrainCorp Ltd said on Tuesday its annual underlying profit nearly tripled on the back of a record wheat crop, but warned of a shrinking harvest and volatile energy costs ahead, sending its shares sharply lower.The negative reaction to GrainCorp's best result in four years underscored its exposure to the effects of weather on crop volumes, with the company making efforts to diversify its business into related areas. Click here to read full stories.

Nov 21 - Russian wheat export prices stable in quiet trade 

Russian wheat export prices were broadly stable last week due to quiet trade, although Egypt, the world's largest wheat importer, agreed a large purchase of Russian wheat, analysts said on Monday.Egypt's state grain buyer GASC bought a total of 240,000 tonnes of Russian wheat in an international tender on Nov. 16 for Jan. 1-10 shipment.  Click here to read full stories.

Nov 21 - Egypt has filed legal complaint against zero ergot wheat decision - official 

Egypt has filed a legal complaint against a court ruling issued last week that effectively reinstated zero tolerance of the common grain fungus ergot in wheat shipments, Supply Ministry spokesman Mamdouh Ramadan said on Monday. The government will retain an ergot tolerance of 0.05 percent in shipments, a common international standard, while the complaint is considered, Ramadan said. Click here to read full stories.

Nov 21 - Ukraine 2017 winter grain crops in better condition than in 2016 

Ukrainian winter grain crops are in a better condition than at the same date last year thanks to favourable weather, analyst UkrAgroConsult said on Monday."Topsoil moisture content is higher than a year ago. Even underdeveloped crops at the emergence stage featured simultaneous growth," the consultancy said in a statement. Click here to read full stories.

Nov 21 - India's biggest tax hike in a decade may cut palm oil imports 

India's palm oil imports are likely to drop until the end of the year after the world's largest edible oils buyer raised import taxes to the highest in more than a decade, importers and dealers said.India announced late on Friday that it raised its import tax on crude palm oil to 30 percent from 15 percent, while the duty for refined palm oil has been raised to 40 percent from 25 percent.  Click here to read full stories.

Nov 21 - Russia to restrict Brazilian pork and beef imports from Dec. 1 

Russia will place temporary restrictions on imports of pork and beef products from Brazil from Dec. 1, the country's Rosselkhoznadzor food safety watchdog said on Monday.Russia said last week it was considering a ban on all pork and beef imports from Brazil after finding the feed additive ractopamine in some shipments, an allegation Brazilian meat industry groups denied.  Click here to read full stories.

Nov 21 - South Korea buys about 118,900 tonnes rice in tender 

South Korea’s state-backed Agro-Fisheries & Food Trade Corp. purchased about 118,900 tonnes of rice in a tender which closed on Monday, European traders said.The majority of the rice was purchased from China with some also coming from Vietnam, Australia and the United States, they said. Click here to read full stories.

Nov 21 - New Zealand's Fonterra's churns out more milk in Oct, could drag on dairy prices 

New Zealand dairy group Fonterra said on Tuesday that its domestic milk output rose 3 percent in October from the year before as wet weather subsided towards the end of the month.The surprise jump in production in the world's top dairy exporter could drag on international dairy prices that have already been under downward pressure in recent months. Click here to read full stories.

Nov 21 - Asian Palm Oil Edges Up Amid Bargain-Hunting (Dow Jones)
Asian palm-oil prices tick up after the past week's sharp declines. But analysts says solid production estimates for October continue to cap any gains as expectations are that supplies won't tighten as much as some had anticipated. The Bursa Asia benchmark palm-oil contract is up 0.2% at MYR2,633/ton.

Nov 21 - Profit Slide at Malaysia's Hap Seng Plantations a Minor Hiccup (Dow Jones)
An uninspiring 39% profit drop at Malaysian palm oil planter Hap Seng Plantations is just a minor hiccup, Hong Leong Investment Bank says. Stronger fresh fruit bunch production going forward should result in lower unit output costs and improved margins, Hong Leong says. Fresh fruit bunch production has already shown an uptick in October, it adds. Hong Leong maintains a buy rating with an unchanged target price of MYR2.89. The stock last closed at MYR2.58.

Nov 21 - Aussie Beef Prices to be Driven by Restocking (Dow Jones)
Australian beef prices are likely to continue being driven by whether farmers continue to restock farms or if dry conditions result in cows being sent to slaughter, says NAB economist Phin Ziebell. But he notes Aussie prices can't remain detached from global fundamentals forever. "With the US cattle herd rebuilding, grain remaining very cheap globally and South American producers improving their position, we see price pressures in Australia as downward." He continues to see the Eastern Young Cattle Indicator, the benchmark for Australian beef prices, falling to A$5/kilogram. But he admits it's hard to say when that will occur. The index is at A$5.775.

Nov 21 - Australia Now Puts La Nina Chance at 70% (Dow Jones)
The odds of weather phenomenon La Nina making an appearance by year's end and disrupting weather patterns is increasing. The Australian weather bureau now says there's a 70% chance of such an event. But it adds that climate models suggest any occurranc would likely be weak and short-lived, meaning the impact probably would be very different from that seen during the very strong La Nina of 2012-4. La Nina brings cool, wet weather to parts of Asia and can cause significant flooding.

Nov 20 - Asian CPO Falls to 2-Month Low on Poor Export Demand (Dow Jones)
Asian crude palm oil futures dropped to an almost 2-month low as market sentiment weakened on India's decision to increase import tax on vegetable oils. India, the world's biggest edible oils importer, has raised its import tax on crude palm oil to 30% from 15%, and refined palm oil to 40% from 25%. The sharp rise in import taxes sparked a sell off, notes David Ng of Philip Futures in Kuala Lumpur. Investment sentiment also weakened as export demand for the first 20 days of November in Malaysia fell 6.25% on month at 891,926 metric tons, according to cargo surveyor Intertek Agri Services. The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended down MYR84 at MYR2,630/ton.

Nov 20 - India raises import tax on edible oils to highest in a decade

India has raised import tax on edible oil to the highest level in more than a decade, the government said in an order, as the world's biggest importer of edible oils tries to support its farmers. The duty increase will lift oilseed prices and their availability for crushing in thedomestic market, helping the country in capping edible oil imports in the 2017/18 marketing year, which started on Nov. 1. Click here to read full stories.

Nov 20 - Funds nurse corn hangover with record bearish bets: Braun 

Speculators have never been more bearish on Chicago-traded corn futures and options than they were last week as it became apparent that burdensome global supplies would not be shrinking anytime soon, at least not following the nearly concluded U.S. harvest. The U.S. Department of Agriculture (USDA) on Nov. 9 pegged U.S. corn yield at an all-time record, stunning just about every participant in the corn market, and that hangover continued in the days after. Click here to read full stories.

Nov 20 - Corn producers in Brazil's Mato Grosso to see 18.75 pct drop - Imea

Corn producers in Brazil's Mato Grosso state should harvest 25 million tonnes of corn in the second harvest of the 2017-18 season, an 18.75 percent drop from the same period a year ago, research agency Imea said in a report on Friday. Imea said that because of low prices for corn in 2017 and planting problems with soybeans, which directly impacts the size of the corn crop that will be planted, it expects Mato Grosso, Brazil's biggest grain-producing state, to have 4.25 million hectares of planted corn in the next cycle. Click here to read full stories.

Nov 20 - U.S. soybeans escape yield losses after signs of chemical damage - BASF

A weed killer blamed for damaging millions of acres of U.S. crops this summer did not reduce yields for most of the soybeans checked by BASF SE, which makes a version of the herbicide, the company said on Friday. BASF, the world's third-largest maker of crop chemicals, investigated 787 complaints involving soybeans that showed signs of damage linked to sprayings of the herbicide that contains a chemical known as dicamba, according to the company. Click here to read full stories.

Nov 20 - Bunge scraps deal for controlling stake in Grupo Minsa 

U.S. agricultural commodities trader Bunge Ltd said Friday it has terminated a deal for a controlling stake in Mexican corn miller Grupo Minsa SAB de CV, an acquisition that would have made Bunge the top grain miller in Mexico. The deal would have given Bunge control of four corn mills in Mexico and two mills in the United States. Minsa could not immediately be reached for comment. Click here to read full stories.

Nov 20 - S.Korea confirms H5N6 bird flu at duck farm, raises bird flu alert level 

South Korea on Sunday said it had confirmed an outbreak of highly pathogenic H5N6 bird flu at a duck farm in the south west of the country and raised its bird flu alert level to the highest ranking. The virus was discovered on a farm on Saturday with some 12,000 ducks in Gochang county, over 270 km (167.77 miles) southwest of Seoul. All of the ducks were slaughtered after the discovery, the agriculture ministry said in a statement. This was the country's first such outbreak since June this year. Click here to read full stories.

Nov 20 - Yara buys Vale fertilizer complex in Brazil for $255 million

Norway's Yara International ASA, a global producer and distributor of fertilizers, has reached an agreement to buy Vale SA's fertilizer complex in Cubatão, Brazil, for $255 million in cash, the company said on Friday. The deal, which Yara expects to be completed by the second half of next year, will give the Norwegian company the ability to produce in Brazil nitrogen-based fertilizers such as ammonium nitrate, largely used in sugar cane cultivation. Brazil is the world's largest cane producer and processor. Click here to read full stories.

Nov 20 - Asia CPO Hit by Reports Of Bumper October Harvest (Dow Jones)
Asian palm-oil prices were under pressure last week amid reports of bumper October harvests in the 2 largest producers, Malaysia and Indonesia. The month "usually represents the peak in annual production, but beneficial rains could mean that output will be strong again in November," says Capital Economics. But it adds that the La Nina weather phenomenon is gaining strength, which can bring flooding to Southeast Asia, possibly holding back future output.

Nov 20 - Only Short-Term Gains Loom for NZ Dairy Prices (Dow Jones)
Improved dairy production in New Zealand, the world's largest exporter, is likely to cap any potential underlying improvement in dairy prices, says ASB Bank. But they could "drift higher in the short-term as production volumes" are on a seasonal downslide.

Nov 17 - Asian Palm Oil Lower Tracking Fall in Soy Oil (Dow Jones)
Asian palm oil prices ends lower, mirroring falls in soy oil prices overnight. However, analysts expect palm oil prices to rise going forward with OCBC predicting that palm oil prices will reach 3,000 ringgit a ton by the year end. The Bursa Malaysia February palm oil contract closed down 21 ringgit a ton at 2,717 ringgit ($652.8) a ton.

Nov 17 - Egypt's GASC buys 240,000 tonnes of Russian wheat in tender

Egypt's state grain buyer GASC bought a total of 240,000 tonnes of Russian wheat in an international purchase tender held on Thursday, the agency said, amid lower than usual turnout and renewed uncertainty over the state's import policies. GASC was seeking the wheat for Jan 1.-10 shipment. Click here to read full stories.

Nov 17 - FranceAgriMer cuts wheat export forecast on lagging shipments

FranceAgriMer on Thursday lowered its forecast of French soft wheat shipments outside the EU in 2017/8 as the farm office factored in a sluggish export pace so far this season. France, the European Union's biggest cereal producer, has been facing strong competition overseas from Black Sea grain suppliers such as Russia, reducing its export prospects despite a much improved French harvest this year. Click here to read full stories.

Nov 17 - Informa raises U.S. 2018 corn plantings forecast, trims soy

Private analytics firm Informa Economics raised its forecast of U.S. 2018 corn plantings to 91.415 million acres, from 90.460 million acres previously, according to an Informa client note dated Thursday and obtained by Reuters. The firm trimmed its U.S. 2018 soybean plantings forecast to 89.627 million acres, from its month-ago projection of 90.347 million acres. Click here to read full stories.

Nov 17 - Brazil groups deny problems with beef shipments to Russia

Brazilian meat industry groups denied on Thursday problems with beef and pork shipments to Russia, after reports that food safety bodies there were evaluating possible irregularities that could lead to an import freeze. Reuters reported on Wednesday that Russia's agriculture safety watchdog was mulling a ban on all pork and beef imports from Brazil after finding the feed additive ractopamine in some shipments. Click here to read full stories.

Nov 17 - Iraq says buys 90,000 tonnes of U.S. rice in direct deal

Iraq's trade ministry said on Thursday it had bought 90,000 tonnes of U.S. rice in a direct deal outside of the tender process. The deal was signed with ADM at the price of $648 a tonne, Mohammed Hanoun, a spokesman for the ministry, said. Click here to read full stories.

Nov 17 - Strategie Grains cuts EU soft wheat area estimate for 2018 crop

Difficult sowing conditions in northern Europe prompted consultancy Strategie Grains to cut its monthly estimate for the area sown with soft wheat for the 2018 crop, with farmers also put off by low prices. Strategie Grains on Thursday projected ongoing soft wheat sowings in the European Union would reach 23.5 million hectares, compared with the 23.8 million estimated last month and 23.7 million sown ahead of the 2017 harvest. Click here to read full stories.

Nov 17 - La Niña strength nears six-year high as ocean temps plunge - Braun

La Niña is finally asserting itself once again following its hugely lackluster performance last year, making it more likely that global weather patterns follow the expected trends over the next several months. The surface waters in the equatorial Pacific Ocean last week plunged to the coolest relative levels since Feb. 1, 2012. Click here to read full stories.

Nov 17 - Asian Palm Oil Prices Tad Lower As Soy Oil Weakens (Dow Jones)
Asian palm-oil prices are a touch lower following a softening in soy oil overnight. But they remain range-bound as the market waits for more information about production in Malaysia and Indonesia and whether seasonal factors have started to impact output. The Bursa Malaysia benchmark palm-oil contract is down 0.2% at MYR2,715/ton.

Nov 16 - Low soyoil yield raises concern over U.S. soy crop quality

U.S. soybean processors last month squeezed the lowest amount of soyoil from each bushel of beans in two years, according to an industry report on Wednesday, raising concern about the 2017 soy crop's overall oil content. Less oil per bushel of beans would mean tighter supplies and higher prices for the vegetable oil used by food and biofuel producers, but could bolster margins for processors such as Archer Daniels Midland Co, Bunge Ltd and Cargill Inc, traders and analysts said. Click here to read full stories.

Nov 16 - Argentina says to reduce cost of docking services in Rosario ports

Argentina's government will cut the cost of docking services in the ports of Rosario, the country's main agricultural hub, by 30 percent when it implements a maximum rate for entry and exit guide services in December, an official told Reuters on Wednesday. The official decision is part of President Mauricio Macri's crusade to lower the costs of producing and exporting grains to boost economic growth in the world's No. 3 soy and corn exporter. Click here to read full stories.

Nov 16 - Are U.S. soybean exports meeting market expectations? -Braun 

Although robust world soybean demand and competitive advantages have allowed the United States to surpass early-season export forecasts for four years in a row, market-watchers wonder if this is the year that will break the mold as world supply continues to hit new records. The U.S. Department of Agriculture’s weekly soybean export figures – which include port inspections and sales – have consistently met or exceeded analyst estimates so far in the new marketing year that began Sept. 1, implying that the U.S. shipping campaign is on schedule. Click here to read full stories.

Nov 16 - Glencore says grain M&A hunt goes on after it passes on several targets

Commodities giant Glencore has made unsuccessful moves for three or four smaller targets in the grain sector this year as it seeks acquisitions to grow upstream, the head of its agricultural arm said. "We have looked at three or four possibilities in our core area already this year but couldn't reach agreement with the seller," Chris Mahoney, chief executive of Glencore Agriculture, told the Global Grain conference in Geneva. Click here to read full stories.

Nov 16 - Monsanto, U.S. farm groups sue California over glyphosate warnings

Monsanto Co and U.S. farm groups sued California on Wednesday to stop the state from requiring cancer warnings on products containing the widely used weed killer glyphosate, which the company sells to farmers to apply to its genetically engineered crops. The government of the most populous U.S. state added glyphosate, the main ingredient in Monsanto's herbicide Roundup, to its list of cancer-causing chemicals in July and will require that products containing glyphosate carry warnings by July 2018.  Click here to read full stories.

Nov 16 - China's COFCO seeks larger Canadian canola volumes

 State-owned Chinese agribusiness COFCO Corp looks to buy 2.5 million tonnes of Canada's canola crop next year, a boost of more than one-third over its expected purchases this year as its Canadian office gets established, said the company's global head of softseeds on Wednesday. COFCO opened its Winnipeg, Manitoba, Canadian trading office in late 2016. It buys canola from export companies at ports, and has no plans to build crushing plants or country elevators in Canada that would allow it to buy directly from farmers, said Felix Mueller, who is based in Geneva for COFCO. Click here to read full stories.

Nov 16 - China import crackdown, war on smog seen boosting soybean crushers' margins

China's crackdown on genetically modified (GMO) soybean imports and its intensifying war on smog this winter will boost soymeal prices and inflate crushers' margins, extending an unexpected windfall for the oilseeds sector, executives said on Wednesday. Crushers in the world's top importer returned to profit in August, after months of losing cash, as the soymeal glut depleted due to strong demand from the livestock industry. Click here to read full stories.

Nov 16 - Court fungus ruling casts shadow over Egypt grain imports

Egypt's agriculture ministry said on Wednesday it was awaiting a cabinet ruling after a court reinstated a ban on wheat imports containing the common ergot fungus, renewing uncertainty over a policy that has disrupted trade. The world's largest wheat buyer stunned grain markets last year when it imposed a zero tolerance level on ergot, prompting a supplier boycott of state tenders until Egypt adopted a tolerance of 0.05 percent, a common international standard. Click here to read full stories.

Nov 16 - Bunge reorganizes management team in cost-cutting drive

U.S. agricultural trader Bunge Ltd reorganized its management team on Wednesday as part of a cost-cutting drive that comes as the world's biggest crop handlers are grappling with a global grain glut that is hurting earnings. Four years of bumper grain and oilseeds harvests have squeezed profits for Bunge and its main rivals Archer Daniels Midland Co, Cargill Inc and Louis Dreyfus Co. Traders expect more of the same next year, prompting cost cuts and talk of consolidation.  Click here to read full stories.

Nov 16 - U.S. biofuels policy contributes to global warming -study

U.S. renewable fuel mandates are contributing to global warming, boosting carbon emissions as farmers turn carbon-rich areas like wetlands and forests into cropland to grow corn, soy and wheat for biofuels production, a study presented on Wednesday said. Three scientists from the University of Wisconsin presented their findings in Fort Worth, Texas, at a conferencehosted by the National Wildlife Federation, an environmental group that opposes U.S. biofuels mandates in their current form. Click here to read full stories.

Nov 16 - Profits triple at Malaysia palm oil company Sime Darby

Malaysia's Sime Darby Bhd , the world's largest oil palm planter by land size, on Thursday said its first quarter net profit increased over 150 percent versus a year ago, buoyed by increased production and by the sale of some assets. The conglomerate, whose interests stretch beyond palm oil into areas such as property, announced a net profit of 1.32 billion ringgit ($315.98 million) for the quarter that ended in September, up from its restated earnings of 522 million ringgit in the corresponding quarter a year ago. Click here to read full stories.

Nov 16 - Asian Palm Oil Prices May Stay Under Pressure (Dow Jones)
While Asian palm-oil prices could be pressured by the latest Malaysian export estimates out yesterday, analysts continue to expect prices to rise over time as the seasonal production slowdown looms. Prices were little changed yesterday.

Nov 16 - Scant Near-Term Moves Seen for Asia Palm Oil (BMI Research)
BMI Research isn't anticipating further movement this year in Asian palm-oil prices, but it projects weakness to start 2018. It sees them averaging MYR2,720/metric ton through year-end, versus current trading at MYR2,727, before trending toward MYR2,600 in 1H. That would break resistance levels in place since 2015 and set the stage for weakness to 2021, the firm adds.

Nov 16 - Capacity Cuts Shouldn't Hit China Urea Trading (Dow Jones)
China's urea imports and exports shouldn't be significantly impacted by the government's plans to cut production as part of efforts to reduce air pollution, says Rabobank. That's because capacity is much more than demand in the country. Meanwhile, the bank says fundamentals continue to point to global oversupply, meaning prices should ease in 1Q.

Nov 16 - China's Wood Imports to Rise Further as Domestic Ban Hits (USDA)
China's imports of wood products will likely continue increasing in 2017, due to a decline in domestic production, says the US Department of Agriculture in a note. "Starting in early 2016, China banned commercial logging in natural forests to allow forests to recover from decades of overlogging and to help restore forest ecosystems." The USDA forecasts that China's log imports will rise 5% in 2017 to 45 million tons, while China's lumber imports are forecast to rise 15% to 24 million tons.

Nov 15 - Asian CPO Ends Lower on Weak Export Performance (Dow Jones)
Asian crude palm oil futures ended a bit lower Wednesday, pulled down by weak export performance. Traders say prices will continue to weaken as demand for the tropical oil is expected to wane. Malaysia's palm-oil exports between Nov. 1-15 are estimated to have fallen 8.2% from the previous month at 650,962 metric tons, cargo surveyor SGS (Malaysia) Bhd. says. Another surveyor Intertek Agri Services estimated palm oil exports down 4.3% on month at 660,465 metric tons. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended down MYR5 at MYR2,712/ton. ($649.6)

Nov 15 - Major China soybean crusher Bohi reopens Guangxi plant, Guangdong still shut - sources

Major Chinese soybean crusher Shandong Bohi Industry Co Ltd has reopened a plant in Beihai in Guangxi that was shuttered last week, while another plant in Guangdong remains suspended, three people familiar with the situation said on Wednesday. The Beihai plant resumed operations on Tuesday and the Zhanjiang plant in Guangdong is still shut, the people said. Click here to read full stories.

Nov 15 - NOPA October soybean crush seen at 164.475 mln bushels - survey

The National Oilseed Processors Association's October crush report is expected to show that processors crushed their fourth-largest monthly volume of soybeans last month and the second-largest October volume on record, analysts said. Analysts are expecting an October crush of 164.475 million bushels, according to the average of seven estimates given in a Reuters survey. Click here to read full stories.

Nov 15 - German rapeseed sowings for 2018 crop seen down 1.9 pct

Germany's winter rapeseed area for the 2018 harvest has been reduced by 1.9 percent on the year to around 1,283,000 hectares, German oilseeds industry association UFOP estimated on Tuesday. A survey commissioned by UFOP of around 1,400 German farmers said that poor weather in the autumn rapeseed sowing area meant that some intended rapeseed sowings could not be carried out. Click here to read full stories.

Nov 15 - France lifts 2017 sugar beet estimate again, cuts wheat, rapeseed

France's farm ministry on Tuesday sharply raised its estimate of the 2017 sugar beet crop for a second month in a row in the European Union's largest producer, mainly due to larger expected yields and an area estimate now close to a record. Sugar beet production is now estimated at 42.6 million tonnes in 2017/18, up from 41.9 million last month, and 22.8 percent above last year's volume. Click here to read full stories.

Nov 15 - Singapore's Olam says Q3 net profit rises 17.5 pct

Singapore-based commodity trader Olam International reported a 17.5 percent rise in its third-quarter net profit, citing strong volume growth and improved operational performance across most of its business segments. The company reported a net profit of S$24.1 million ($17.7 million) for the three months ended September, compared with S$20.5 million a year ago. Operational profit, which excludes exceptional items, was 17.1 percent higher at S$24.0 million. Click here to read full stories.

Nov 15 - Potash miner K+S posts Q3 profit below expectations

German potash miner K+S  reported on Wednesday an operating profit and a moderate increase in revenue for the third quarter, but fell short of market expectations. Operating profit adjusted for currency hedging effects (EBIT I) came in at 12 million euros ($14 million) compared with a loss of 31 million euros a year ago. Click here to read full stories.

Nov 15 - S. Korea's NOFI tenders to buy 207,000 tonnes corn

Nonghyup Feed Inc (NOFI), South Korea's largest feedmaker, has issued an international tender to purchase up to 207,000 tonnes of yellow corn to be sourced from optional origins, European traders said on Wednesday. The tender closes on Wednesday, Nov. 15, they said. Click here to read full stories.

Nov 15 - Investor group warns U.S. farm antibiotic policy lagging

The United States is falling behind Europe in the fight to curb the overuse and misuse of antibiotics in meat production and experts are warning of the possibility of dangerous drug-resistant "superbug" infections as a result, according to a new report on Tuesday. The World Health Organization (WHO) says the farm sector consumes around 80 percent of all medically important antibiotics in some countries. Click here to read full stories.

Nov 15 - China pig herd shrinks further in October - agriculture ministry

China's pig herd shrank in October by the most in close to two years, said the agriculture ministry on Wednesday, amid a crackdown on farm pollution that has forced hundreds of thousands of farms to close in the past year. The world's largest pig herd contracted by 6.6 percent in October from a year ago, said the ministry, without giving detailed livestock figures. Click here to read full stories.

Nov 15 - Asian Palm Oil Edges Down Ahead of Malaysia CPO Export Data (Dow Jones)
Asian palm oil prices are likely to take some cues from the release of Malaysia palm oil export estimates due out later today. Data for the first 10 days of November showed demand dropping off and the market will be looking to see whether this has continued over the past five days. Investors will also be looking for any news out of the China International Oils and Oilseeds Conference on the pricing outlook for palm oil. The benchmark palm oil contract on the Bursa Malaysia Derivatives Exchange is currently trading down 5 ringgit a ton at 2,712 ringgit.

Nov 15 - Palm-Oil Discount to Argentina Soy Oil Unwarranted (Dow Jones)
Palm oil's current discount of $90/ton to Argentina soy oil "must go" in coming months as palm-oil supplies are set to reach record lows, says Dorab Mistry, a leading industry analyst at a conference in Guangzhou. He still thinks prices could reach MYR3,100/metric done by January. The Bursa Malaysia benchmark contract is up 0.6% at MYR2,732.

Nov 14 - Rouble, Subsidy End Drag Down Russian Farmer Wheat Prices (Dow Jones)
Wheat prices for farmers "in rouble terms are lower than they were a year ago, despite having risen in dollar terms," says Andrey Sizov Jr., managing director at SovEcon at the Global Grains conference in Geneva. "The stronger rouble is obviously one factor, but another is the end of the government subsidy scheme for farmers," Mr. Sizov Jr. says, pointing to the much-discussed topic of weak infrastructure as the third factor weakening farmer profits. Russia is set to smash wheat production records for the second straight year, a phenomenon which has produced bottlenecks in the country's grain infrastructure.

Nov 14 - Asian CPO Hits 4-week Low on Weaker Rival Oil (Dow Jones)
Asian crude palm oil futures extend losses to reach a nearly 4-week low Tuesday on lower soy oil prices. Signs of rising palm oil production and weaker exports in coming weeks also dampened the investment sentiment, says David Ng of Philip Futures in Kuala Lumpur. Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. will release export estimates for the first 10 days of November on Wednesday. Prices are expected to remain in a range of MYR2,680/ton and MYR2,800/ton, Ng says. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended down MYR43 at MYR2,718/ton ($649).

Nov 14 - CME to launch new Black Sea grain futures with Platts

CME Group will launch next month Black Sea wheat and corn futures based on Platts price benchmarks to extend its presence in a booming export region. The cash-settled contracts will begin trading on Dec. 18, subject to regulatory clearance, the exchange said on Monday. The wheat contract will be based on Platts Russian Wheat 12.5 percent protein FOB (free on board) Black Sea Deep Water daily price assessment. Click here to read full stories.

Nov 14 - Funds may hold record bearish grain views following USDA data -Braun

Speculators further increased their already massive net short stance on Chicago-traded grains last week, but they may have reached an all-time record in the days since. Combining net positions through Nov. 7 in CBOT corn and wheat, K.C. wheat, and Minneapolis-traded wheat futures and options, money managers notched their third most-bearish week ever with a net short of 349,922 contracts, according to data from the U.S. Commodity Futures Trading Commission.  Click here to read full stories.

Nov 14 - Dry weather stalls 2017/18 Argentine soy planting -analysts

Mostly dry weather expected next week in Argentina's main agricultural area will delay soybean planting for the 2017/2018 season, analysts said on Monday. In Argentina, the world's main soymeal exporter, rainfall in November has been lower than expected, causing alarm among farmers ahead of next week's dry forecast. Click here to read full stories.

Nov 14 - Brazil's JBS posts 3rd-qtr profit, misses consensus

Brazil's JBS SA, the world's largest meatpacker, posted an unaudited net profit of 323 million reais ($98.50 million) in the third quarter, compared to 887 million reais in the same period a year earlier, the company said on Monday. The result missed analysts' consensus estimate for a net profit of 1.53 billion reais. Click here to read full stories.

Nov 14 - China commerce ministry says "strong dissatisfaction" on U.S. hardwood plywood ruling

China's commerce ministry said on Tuesday that it expresses "strong dissatisfaction" on a ruling by the United States over imported hardwood plywood products from China. Unreasonable U.S. actions and rulings will seriously impact China's exports of hardwood plywood and damage the interests of Chinese firms, the ministry said in a statement posted on its website. Click here to read full stories.

Nov 14 - Minerva sees Asia beef demand at 50 pct of world market in 3-4 years

Beef processor Minerva SA on Monday said Asia will become the destination for up to half the world's beef in the next three to four years, up from just under 46 percent in 2017, amid rising demand in China. That will provide opportunity to continue to boost shipments from South American producers to the region, the company said at an investor presentation in New York on Monday. The growing appetite comes as supplies of protein like beef soar in South America and other key global producers. Click here to read full stories.

Nov 14 - Tyson weighs sites for $320 mln chicken plant after Kansas town objects

Tyson Foods Inc  is weighing new sites for a $320 million chicken slaughterhouse after opposition from residents of a small Kansas town picked for the project, the chief executive said on Monday. The project planned for Tonganoxie, Kansas, would have been Tyson's first new plant since the 1990s and included a chicken hatchery and feed mill, according to the company. Click here to read full stories.

Nov 14 - Wilmar Q3 profit falls 6 pct on tropical oils, sugar segments

Singapore's Wilmar International Ltd posted a 6 percent fall in third-quarter net profit as stronger performance in its oilseeds and grains division was offset by lower results in the tropical oils and sugar businesses. The company, whose biggest shareholders include U.S. agricultural trader Archer Daniels Midland Co, reported a net profit of $370 million for the three months ended Sept. 30, compared with a profit of $392.2 million for the same period a year ago. Click here to read full stories.

Nov 14 - Asian Palm Oil Prices Under Pressure on Soy Oil Slide (Dow Jones)
Asian palm oil prices saw their largest decline in over a month yesterday as the weakness in substitute soy oil prices weighed on CPO, says OCBC in a note. Moreover, it adds that the more expensive Malaysian ringgit could also have weighed on prices as this makes the ringgit-denominated futures nominally more expensive. The Bursa Malaysia benchmark palm oil contract closed down 1.3% at MYR2761 a ton on Monday.

Nov 14 - India Buys More Vegetable Oil on Rising Demand, Weak Crop (Dow Jones)
Lower oilseed production and rising demand for vegetable oil in India, the world's biggest edible-oil importer, led to increased overseas purchases this crop year, according to an industry body. Imports in the 12 months ending October were up 5% from a year earlier, to 15.44 million metric tons from 14.74 million metric tons, the Solvent Extractors' Association of India. Demand, particularly for palm oil, normally goes up during India's September-November festive season. "Consumption of sweets to fried foods jumps as part of festivities," said B.V. Mehta, executive director of the association. India imports palm oil, mainly from Indonesia and Malaysia, and a small quantity of soy oil, from Latin America.

Nov 14 - China's Dairy-Production Growth Could Cap Imports (Dow Jones)
China's whole- and skim-milk-powder production is expected keep growing, likely constraining import demand, says the USDA. Still, the agency notes imported whole-milk-powder products continue to be viewed by Chinese consumers as being safer and more trustworthy than those produced locally, which should provide some support.

Nov 13 - Asian CPO Ends Down on Weaker Rival Oils, Investor Pessimism (Dow Jones)
Malaysian palm oil price futures fell further on Monday, pulled down by softness in competing soy oil prices. Growing investor gloom on weaker demand and rising production in largest growers Indonesia and Malaysia have also impacted prices. David Ng, an analyst at Philip Futures in Kuala Lumpur, notes prices will remain rangebound between MYR2,750/ton and MYR2,850/ton. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended down 37 ringgit at MYR2,760 per ton.

Nov 13 - Africa Corn Imports Slow Amid Rising Yields (Dow Jones)
Corn imports into Africa are slowing as several countries cut back on purchases following production recoveries across Southern Africa, says the U.N. agricultural agency FAO. Imports will likely decline by 1.9 million tons, or 8%, to just under 21 million tons in 2017 following a strong rebound of output from last year's El Nino-fueled drought. In South Africa, the continent's No.1 grower, no imports will be needed after a record crop, FAO says. The cutbacks may further hurt corn markets, already weighed down by expectations of a record crop from the U.S., the world's top producer. 

Nov 13 - Black Sea wheat shipments to India threatened by import tax hike

India's decision to raise its wheat and peas import tax will reduce the flow of wheat shipments from the main Black Sea producers Ukraine and Russia and has already hit the Russian market for peas, traders and analysts said. India has doubled its import tax on wheat to 20 percent on Wednesday, as the world's second biggest producer tries to rein in imports to support local prices.  Click here to read full stories.

Nov 13 - Major Chinese soybean crusher halts operations at two plants -sources

Shandong Bohi Industry Co Ltd, a major Chinese soybean crusher, has suspended operations at two plants because of delays in soybean imports, sources said on Friday, amid growing worries about tightening supplies due to safety checks at the country's ports. The latest plant suspension in China has further contributed to tightening supplies of soymeal in the south, causing another major jolt to the world's largest soybean market after major crushers shut plants due to delayed cargoes in August. Click here to read full stories.

Nov 13 - COFCO to nearly double soy sourcing in Brazil's Mato Grosso state

Chinese commodities trader COFCO International plans to nearly double the volume of soybeans it sources in top Brazilian grains state of Mato Grosso during the next five years, state authorities said on Friday. Mato Grosso Governor Pedro Taques, on a trip to China in recent days, has met with Chinese companies with Brazilian investments, including COFCO and Pengxin Group, which recently bought mid-size commodities trader Fiagril. Click here to read full stories.

Nov 13 - Indonesia's Palm Oil Stocks at Highest Level This Year (Dow Jones)
Indonesia's palm oil stocks are at the highest level so far this year as production continued to pick up in September and exports fell slightly, according to the Indonesian Palm Oil Association. Stocks reached 2.9 million tons, still below the closing level for 2016. The Bursa Malaysia benchmark palm oil contract closed down 12 ringgit a ton at 2,797 ringgit a ton.

Nov 10 - Asian CPO Ends Lower on Higher Production, Weak Demand (Dow Jones)
Malaysian palm oil futures fell sharply Friday on worries over stronger production and rising inventories. Production in Malaysia, the world's second-biggest palm oil grower, jumped for the first time in 3 months, while the end-stocks in October rose 8.4% to 2.19 million tons, according to data from industry regulator the Malaysian Palm Oil Board. Further, Malaysia's palm oil exports between Nov. 1-10 are estimated down 2.5% on month at 436,988 metric tons, says cargo surveyor Intertek Agri Services. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended down MYR10 at MYR2,799/ton.($667.6)

Nov 10 - Record yields fuel increase to USDA corn harvest view

The U.S. corn crop will be bigger than expected as harvest yields came in at record levels despite some concerns about the crop throughout the growing season, government data showed on Thursday. The U.S. Agriculture Department in its monthly supply and demand report said the bumper corn harvest will raise stockpiles of the yellow grain even as exports and usage from the feed sector rise from its previous estimates for the 2017/18 marketing year. Click here to read full stories.

Nov 10 - Malaysia's end-Oct palm stocks rise as output crosses 2 mil T mark

Palm oil inventories in Malaysia, the world's second-largest producer, rose for a fourth consecutive month in October as output hit what industry players believe is the peak production month of the year. Gains in stockpiles could weigh on palm's benchmark price, which hit their highest in a week on Thursday before giving up gains. The price was last down 0.9 percent at 2,784 ringgit ($664.12) a tonne at Friday's midday break. Click here to read full stories.

Nov 10 - Russia grain exporters adapt after tax crackdown

Russia's grain exports are running smoothly after a crackdown on tax avoidance in the country's agriculture trade, a senior Russian Tax Service official told traders on Thursday. Russian authorities and some Russian grain exporters agreed that from July 1, the start of the 2017/18 season, traders would avoid working with firms suspected of failing to pay taxes. Click here to read full stories.

Nov 10 - U.S. sets final anti-subsidy duties on Argentine, Indonesian biodiesel

The U.S. Commerce Department on Thursday said it set final anti-subsidy duties on biodiesel imports from Argentina and Indonesia, pushing soyoil futures to a two-month high even though the decision was expected. The final duties for soy-based Argentine biodiesel were even higher than preliminary countervailing rates set in August, when imports ground to a virtual halt as Argentine exporters said the tariffs priced them out of the U.S. market. Click here to read full stories.

Nov 10 - Bearish fund bets bail corn market out of USDA yield shocker - Braun 

The U.S. Department of Agriculture stunned the corn market on Thursday with unexpectedly bearish U.S. production numbers, but the price reaction could have been much more severe had it not been for speculators’ huge net short position. And recent history suggests that there is a good chance that Thursday’s corn number will be the largest that USDA prints for the 2017 harvest. Click here to read full stories.

Nov 10 - China to remove VAT on distillers grains imports, foreign ministry says

China will remove the value-added tax on imports of distillers dried grains (DDGS), the foreign ministry said on Thursday, a move that could boost purchases from top exporter the United States, although other import tariffs remain in place. The news followed talks in Beijing between President Xi Jinping and his U.S. counterpart, Donald Trump. Click here to read full stories.

Nov 10 - Brazil soy growers ask court to cancel Monsanto's Intacta patent

Soybean growers in Mato Grosso, Brazil's largest producing state, have asked a court to cancel Monsanto's Intacta RR2 PRO patent claiming irregularities, including the company's alleged failure to prove it brings de facto technological innovation. The Mato Grosso branch of Aprosoja, the association representing the growers that filed the lawsuit at a federal court on Wednesday, claimed "the patent does not fully reveal the invention so as to allow, at the end of the exclusivity period, any person can freely have access to it." Click here to read full stories.

Nov 10 - Brazil food company BRF misses Q3 profit estimate despite rebound

Brazilian food company BRF SA swung to a profit in the third quarter after three consecutive quarterly losses as the company bounced back from a national food safety scandal, but it missed the analyst consensus of a larger rebound. BRF, Brazil's largest chicken exporter, reported net profit of 138 million reais ($42.44 million) in the period, missing a Thomson Reuters consensus estimate of 178 million reais. Click here to read full stories.

Nov 10 - As Trump targets immigrants, U.S. farm sector looks to automate

Convincing big U.S. dairy owners to buy robots to milk their cows - and reduce the farmhands they employ - used to be a tough sell for Steve Fried. Recently, his job has gotten easier, he says, in part because of President Donald Trump. "I get calls on a daily basis and it typically starts with, 'I don't want to deal with this labor headache any more'," said Fried, sales manager for Lely North America, which makes robotic dairy milking and feeding systems. Click here to read full stories.

Nov 10 - Tougher approval process for soybean imports could hit Chinese demand - sources

China is taking longer to issue safety certificates for cargoes of genetically modified (GMO) soybeans, in a move that could dent demand for purchases in coming months, four trade sources said. China, which buys 60 percent of global soybean exports, mainly buys GMO soy from Brazil and the United States, largely to feed the world's biggest herd of pigs. Click here to read full stories.

Nov 10 - Corn yield boost by USDA telegraphs further production increase

The U.S. Agriculture Department's 2.1 percent bump to its corn yield forecast on Thursday signals this year's bumper harvest may get even bigger, as the government has in the past followed up late season increases with further upward adjustments. The USDA added 3.6 bushels per acre to its already massive harvest outlook in its crop production report on Thursday. Click here to read full stories.

Nov 10 - The decisions behind Monsanto's weed-killer crisis

In early 2016, agri-business giant Monsanto faced a decision that would prove pivotal in what since has become a sprawling herbicide crisis, with millions of acres of crops damaged. Monsanto had readied new genetically modified soybeans seeds.  Click here to read full stories.

Nov 10 - Asian CPO Opens Lower Tracking Soy Oil Movement (Dow Jones)
Asian crude palm oil futures open Friday's trading session lower following overnight losses in soy oil prices on the Chicago Board of Trade. Concerns over higher palm oil production in October have also generated some gloominess in market sentiment. The Malaysian Palm Oil Board is set to release industry data today that might "infuse some trading interest," says a Kuala Lumpur-based analyst. Cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. will also release export estimates for the first 10 days of November. The benchmark January palm oil future on the Bursa Malaysia Derivatives Exchange opens at MYR2,791/ton. It is currently trading down MYR23 at MYR2,786/ton.

Nov 10 - Africa Wheat Imports Up as Consumption Soars (Dow Jones)
Wheat imports into Africa are soaring, driven by exploding populations, rapid urbanization and changing tastes. The USDA says shipments to sub-Saharan Africa have jumped nearly 50% this decade, with consumption growing in markets like Nigeria and Ethiopia as rising incomes allow consumers to switch to wheat from local staples. But rising imports also point to yet-another discomforting trend for impoverished economies grappling with widening trade deficits. Ethiopia, Africa's No.2 wheat grower, last year stirred global markets with a record 1-million-ton wheat tender after a poor harvest. The region's warm climate is not conducive for wheat growing in most countries.

Nov 09 - Arkansas pushes ahead with summertime ban on Monsanto, BASF weed killers

An Arkansas regulatory body voted on Wednesday to bar the use of a weed killer critical to Monsanto Co's  seed sales for a second consecutive summer, ratcheting up a standoff after the company sued the state to prevent restrictions on the product. The Arkansas State Plant Board plans to prohibit sprayings of products containing a chemical known as dicamba between April 16 and Oct. 31, 2018, after an estimated 3.6 million acres of U.S. crops suffered damage linked to the herbicides this year.  Click here to read full stories.

Nov 09 - China to buy another 12 mln T of U.S. soybeans in 2017/18 in $5 bln deals

The United States soybean industry has signed two letters of intent with Chinese importers covering a $5 billion purchase of an additional 12 million tonnes of soybeans in the 2017/18 marketing year. The non-binding agreements, disclosed by the U.S. Soybean Export Council (USSEC) in a statement, are among a series of trade deals announced during the visit of U.S. President Donald Trump to Beijing. Click here to read full stories.

Nov 09 - India doubles wheat import tax to 20 pct - govt order

India has doubled its import tax on wheat to 20 percent, according to a government order made on Wednesday, as the world's second biggest producer tries to rein in imports to support local prices. In the last two years India has been importing wheat after local production fell due to successive droughts. Indian farmers have started sowing new season wheat that will be ready for harvesting from March. Click here to read full stories.

Nov 09 - China to start 2018 cotton auctions on March 12, tender 30,000 tonnes daily

China will begin 2018 cotton auctions on March 12, the National Development and Reform Commission said on Thursday. The auction will conclude end-August, and China will tender 30,000 tonnes of cotton every day during that duration, the state planner stated on its website. Click here to read full stories.

Nov 09 - U.S. to export large ethanol volume to Brazil despite tax - Platts

The United States will export a large volume of ethanol to Brazil in 2018 despite the 20 percent import tax implemented by the Brazilian government this year, analyst Platts Kingsman said on Wednesday. Platts estimates the United States will ship around 1.7 billion liters of ethanol to Brazil in 2018, compared to a projected 1.8 billion liters this year. Click here to read full stories.

Nov 09 - Merged fertilizer firm Nutrien eyes U.S. farm suppliers as cash pile builds

Nutrien, the company to be formed from the merger of Agrium Inc  and Potash Corp of Saskatchewan, plans to expand its U.S. farm supply network and return cash to shareholders, Agrium Chief Executive Chuck Magro said on Wednesday, as it leverages unusually flush coffers during an agriculture slump. Regulators in China and India require Potash to divest minority stakes in three companies - SQM, ICL Israel Chemicals and Arab Potash Co PLC - as a condition of approving the $25-billion merger.  Click here to read full stories.

Nov 09 - Icahn subpoenaed by U.S. on biofuels dealing - filing

Billionaire investor Carl Icahn has been subpoenaed by the U.S. Justice Department over his efforts to overhaul the U.S. biofuels program during his time as an unpaid adviser to President Donald Trump, his company said in a securities filing. Icahn's dual role as a presidential adviser and an investor with interests in multiple industries raised eyebrows earlier this year with Democratic lawmakers and government watchdogs. Click here to read full stories.

Nov 09 - Brazil drops plan for tax-free wheat import quota - Argentina

Brazil has abandoned plans to allow a 750,000 tonne quota to import tariff-free wheat from outside the South American trade bloc Mercosur, the Argentine government said. The decision came after a series of negotiations between Brazil and Argentina, a major global wheat exporter which mostly ships to its neighbor Brazil, the ministry of agriculture said in a statement on Tuesday. Click here to read full stories.

Nov 09 - Brazil's BRF and China's COFCO sign agreement on food safety

Brazil's BRF SA  and a subsidiary of China's COFCO Corp signed a memorandum of understanding (MOU) to boost cooperation on food safety and quality controls, the Brazilian company said in a statement on Wednesday. BRF's CEO Pedro Faria said in the statement that China's market is a priority for BRF and the agreement with Cofco Meat Holdings Ltd should allow the two companies to improve product quality. Click here to read full stories.

Nov 09 - Pests force temporary shutdown of JBS Pennsylvania beef plant

Unspecified pests have prompted JBS USA  to halt production temporarily at a Pennsylvania beef processing plant that accounts for about 2 percent of U.S. daily cattle slaughter. JBS, one of the largest beef producers in the United States, will take steps to control the pests and conduct repairs at the plant in Souderton, Pennsylvania, according to the company. Click here to read full stories.

Nov 09 - Asian CPO Opens Higher on Hopes of Lower Production (Dow Jones)
Asian crude palm oil price futures gain further Thursday, on overnight soy oil strength. Expectation of higher production in Malaysia for October has weakened investor sentiment. But fresh news about year-end production being lower due to heavy rains impacting harvest will lend some support, traders say. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange opens at MYR2,828/ton. It is now trading up MYR14 at MYR2,834/ton.

Nov 08 - Russian Wheat Exports Push US to Emerging Markets (Dow Jones)
American exporters will struggle to keep up with Russian producers as they expand their share of the market in major North African and Middle Eastern importers. Instead, says CoBank, US exporters are shifting focus to supplying higher-quality grain to consumers in southeast Asia and Latin America. Growing middle classes in those countries will stoke demand for high-end baked goods like pastries and cakes. That's a bright spot for struggling US wheat producers, CoBank says.

Nov 08 - China soy imports fall in October as delays hit shipments

China imported 5.86 million tonnes of soybeans in October, down 28 percent from the previous month and well below market expectations, customs data showed on Wednesday, after some shipments were delayed. The figures were still up 12 percent from 5.21 million tonnes in October last year, supported by robust demand in the world's top buyer of the oilseed, according to data from the General Administration of Customs. Click here to read full stories.

Nov 08 - Canada's Agrium posts bigger-than-expected 3rd-qtr loss

Canadian fertilizer maker Agrium Inc, the world's biggest farm retailer, reported a bigger-than-expected quarterly loss as demand for its products was reduced by severe dry weather in Australia and Canada. The company cut its full-year forecast for earnings per share from continuing operations to between $4.65 and $4.80, from its previous estimate of $4.75 to $5.25, on expectations of dry weather in Australia and parts of Brazil. Click here to read full stories.

Nov 08 - Brazil mills eye corn-cane flex plant to extend production cycle

Ethanol producers in Brazil are evaluating the adoption of a plant concept that uses cane, and alternatively corn, to produce the biofuel, a move that would allow them to extend operations beyond the current cane harvest period. Almost all ethanol makers in Brazil's center-south cane belt produce the fuel between April and mid-December, when the crop is processed. The plants normally remain idled for almost three months every year, a period companies use for maintenance. Click here to read full stories.

ICE arabica stocks take biggest tumble in 1-1/2 years

ICE Futures U.S. arabica coffee stocks fell by more than 19,500 bags on Tuesday, marking the biggest one-day tumble in nearly 18 months as the International Coffee Organization switched its global 2016/17 forecast to a surplus from a deficit. ICE certified arabica stocks fell by 19,703 bags to nearly 1.91 million bags, the biggest daily inventory drop since May 2016, exchange data show. Click here to read full stories.

Nov 08 - Egypt's GASC says seeks wheat for Dec. 15-30 shipment

Egypt's General Authority for Supply Commodities (GASC) set a tender on Tuesday to buy an unspecified amount of wheat from global suppliers for shipment from Dec. 15-30. GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary and Paraguay. Click here to read full stories.

Nov 08 - Stop using antibiotics in healthy animals, WHO urges farmers

The World Health Organization urged farmers on Tuesday to stop using antibiotics to promote growth and prevent disease in healthy animals because the practice fuels dangerous drug-resistant superbug infections in people. Describing a lack of effective antibiotics for humans as "a security threat" on a par with "a sudden and deadly disease outbreak", WHO Director-General Tedros Adhanom Ghebreyesus said "strong and sustained action across all sectors" was vital to turn back the tide of resistance and "keep the world safe". Click here to read full stories.

Nov 08 - Global dairy prices fall for 3rd auction in a row, threatening recovery

Global dairy prices slumped to a seven-month low on Wednesday, suggesting an earlier rally was running out of steam and that farmers' incomes could be hit if the trend continued. The GDT Price Index dipped 3.5 percent, for its third drop in a row, as Asian demand for whole milk powder dampened. Click here to read full stories.

Nov 08 - Asia Palm Oil Higher Amid Soy-Oil Gains (Dow Jones)
Palm oil rises following overnight gains in soy oil, though volume remains thin ahead of crucial data later this week. "Expectation of higher production and [a] stronger ringgit may curb short-term demand and weigh on near-term prices," notes David Ng of Philip Futures. January futures on the Bursa Malaysia Derivatives Exchange are up 0.3% at MYR2,794/ton.

Nov 08 - Dairy Sours New Zealand Stocks (Dow Jones)
New Zealand's stock benchmark rebounded in the afternoon and finished near session highs. But continued weakness in dairy stocks was too much for the NZX 50 to overcome. It fell 0.1% to 8040.42, with a2 Milk falling 1.7% and production partner Synlait sliding 3.9% after a decline in dairy price during a key overnight auction. But Fisher & Paykel Healthcare rose 0.8%.

Nov 08 - Dairy Auction Weighs Further on New Zealand Stocks (Dow Jones)
After last night's dairy auction saw a 3.5% decline in the overall price index, Westpac lowers its 2017-8 farm-gate forecast 4.6% to NZ$6.20/kilogram. Whole-milk-powder prices fell 5.5% in the latest auction while butter dropped 3.6%. The bank says the decline in milk-product prices in recent auctions despite weaker domestic production suggests some softening of demand. "We expect China's growth to slow next year as the government focuses on economic rebalancing, which is likely to crimp demand for a range of commodities. Our forecast assumes dairy-auction prices for WMP will fall by 12% between now and April." Formula maker a2 Milk skids another 6% and production partner Synlait 7%, large factors in New Zealand's stock benchmark underperforming with its 0.8% decline.

Nov 07 - China commerce ministry conditionally approves Potash-Agrium merger

China's commerce ministry said on Tuesday it has granted conditional regulatory approval to the proposed $25 billion merger between fertiliser companies Agrium Inc and Potash Corp of Saskatchewan Inc. The ministry, in a statement, said the merged entity should divest some assets including those in Israel and Chile.  Click here to read full stories

Nov 07 - Cargill fined $10 mln for inaccurate swaps information - CFTC

Cargill Inc will pay a $10 million fine for providing inaccurate information on swaps to protect its revenue, and for failing to supervise the company's swap dealers, the Commodity Futures Trading Commission said on Monday. The CFTC said that beginning in 2013, Cargill did not comply with regulations on thousands of complex swaps that affected hundreds of counterparties.  Click here to read full stories.

Nov 07 - China's COFCO sells Latam seeds business to Syngenta

Chinese grains trader COFCO International has agreed to sell its crop seeds business to Swiss-based Syngenta AG as it overhauls its activities following a series of major overseas acquisitions. The deal to sell Nidera Seeds, which operates in Latin America, was announced by COFCO International and Syngenta in a statement on Monday. Click here to read full stories.

Nov 07 - In Modi's India, cow vigilantes deny Muslim farmers their livelihood

The beating that ended Pehlu Khan's life was televised nationwide. Cell phone video captured a group of men punching and slinging Khan around the middle of a road in north India, stomping on him and then slamming the 55-year-old farmer down on concrete as he begged for mercy. Khan had been stopped by the lynch mob of right-wing Hindus as he rode home from a market in April with two cows and two calves in the back of a truck. Click here to read full stories.

Nov 07 - Brazil's soy farmers sell 19.1 pct of 2017/18 crop - Safras

Farmers in Brazil, the world's largest soybean exporter, have sold 19.1 percent of the 2017/18 crop in advance, according to Safras & Mercado data. In a statement on Monday, Safras said farmers had sold about 25 percent of their soybeans in advance at the same time last year. The average for the period is 29 percent, it said. Click here to read full stories.

Nov 07 - Asian CPO Opens Up, Guided by Competing Oils (Dow Jones)
Malaysian palm oil price futures open higher Tuesday, supported by overnight gains in soy oil prices. Palm oil inventories in Malaysia, the world's second-biggest palm oil grower, likely rose to record levels for October. "This might put downward pressure on prices," says David Ng of Philip Futures in Kuala Lumpur. He expects prices to remain rangebound between MYR2,730/ton and MYR2,820/ton. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange opens at MYR2,805/ton. It is now trading up MYR19 at MYR2,802/ton.
   

Nov 06 - Asian CPO Dips on Rising Output Forecast (Dow Jones)
Malaysian palm oil futures continued to slide amid persistent worries of a rise in production and swelling inventories. Traders are expecting palm oil stocks in Malaysia to rise to the highest level in 2 years, when official data is relesed later this week. "This has dampened the trading sentiment," notes a Kuala-Lumpur-based analyst, adding that weak rival oil prices also contributed to the fall. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended MYR23 lower at MYR2,783/ton ($657).

Nov 06 - No joke: China's war on pollution roils world's top pig farming sector

When Zhang Faqing received a letter from the government last December ordering him to close his pig farm on the outskirts of Beijing with just two weeks notice, he thought it was a joke. After local officials visited his farm in Zhoucun village a few days later to reinforce the message, the 47-year old realised it was no laughing matter. Click here to read full stories.

Nov 06 - South American soy supply may be tighter than it seems - Braun

There might be less soybean supply than meets the eye in South America next year, even in spite of this year’s record output, and U.S. shippers could end up benefiting. Although global soybean supply is set to hit another all-time high next year, Brazil’s own inventory could plunge nearly 80 percent by early 2019, and the U.S. versus Argentine government estimates of that country’s soy stocks differ by a factor of three. Click here to read full stories.

Nov 06 - Egypt to buy wheat from local farmers at global prices next season

Egypt will buy wheat from its local farmers at global prices next season and will announce the price in Mid-March, the supply ministry said in a statement on Saturday. "The government is keen on supporting and securing the purchase of the local wheat crop from farmers in accordance with the global prices, while taking into account the cost of all elements of production," the statement said. Click here to read full stories.

Nov 06 - Bangladesh wheat imports jump 30 pct in July-October

Bangladesh's wheat imports climbed nearly 30 percent to more than 2.1 million tonnes in the July to October period from a year earlier, food ministry data showed, with traders expecting the same pace in the coming months. The South Asian country has emerged as a major buyer of rice and wheat after floods destroyed its latest crops, sending staple rice prices to record highs that prompted many to switch to flour. Click here to read full stories.

Nov 06 - Worried about Russia's march on grain markets? It could be worse

Russian grain is flowing around the world in a way not seen since the last years of the Tsarist empire a century ago but the country's export expansion looks set to hit a wall because of a lack of infrastructure. While Russia has increased its capacity to export grain ninefold over the last 15 years even that impressive increase will not be enough to keep pace with its 2017-18 grain harvest which is expected to be a record 133 million tonnes. Click here to read full stories.

Nov 06 - Monsanto asks Arkansas to ban herbicide critic from regulatory hearing

Monsanto Co has asked Arkansas to block a member of a state regulatory body from participating in a hearing next week that could ban a weed killer linked to crop damage, saying he is biased, the company's latest attempt to defend the product. Monsanto wants to prevent Terry Fuller, a member of the state's plant board, from taking part in action involving new versions of herbicides that contain a chemical known as dicamba, according to a letter from the company seen by Reuters. Click here to read full stories.

Nov 06 - Fake meat, free markets ease North Koreans' hunger

Take the dregs left from making soy bean oil, which usually go to feed the pigs. Press and roll them into a sandy-coloured paste. Stuff with rice, and top with chilli sauce. The dish's name, injogogi, means "man-made meat." In North Korea for years it was a recipe for survival. Today it is a popular street food, traded alongside other goods and services on informal markets, known as jangmadang. Defectors say there are hundreds of these markets. Click here to read full stories.

Nov 06 - Palm Oil Opens Lower on Worries of Output Gains (Dow Jones)
Malaysian palm-oil prices pull back some to start the week, with some fretting about the prospects of near-term production increases. That would come as demand for the tropical oil has softened of late, notes a Kuala Lumpur-based analyst. This as fresh output, export and inventory data are due later this week from the Malaysian Palm Oil Board. Benchmark January futures are down 0.6% at  MYR2,790/ton.

Nov 03 - Asian CPO Ends Lower on Rival Oil Weakness, Output Concerns (Dow Jones)
Asian crude palm oil prices continued to slide Friday as weakness in rival soy oil prices weighed on market sentiment. Mixed views on production and demand from industry analysts at the Indonesian Palm Oil Conference in Bali have left investors a bit perplexed, says a Kuala Lumpur-based trader. Supplies of the tropical oil haven't been rising even though it is the peak production season, but investors are wary higher supplies could come through. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended down MYR17 at MYR2,804/ton ($662).

Nov 03 - U.S. grain handlers cut costs while talking up signs of recovery

U.S. grain handlers are making further cuts to operating costs even as they point to signs that a bruising slump driven by a global food commodities glut may be nearing a bottom. Bunge Ltd, Archer Daniels Midland Co and Andersons Inc have all said conditions appear to be getting better for grains processing and handling, after four years of massive harvests reduced price volatility and clipped margins. Click here to read full stories.

Nov 03 - Supply woes: Brazil cuts into U.S. soybean market share in China 

Brazil is expected to win a larger share of China's soybean imports in coming months, hitting U.S. exporters during the peak marketing season for their most valuable farm product as the world grapples with a fifth consecutive bumper crop. China is expected to buy about five million tonnes of soybeans from Brazil for the fourth quarter of 2017, two senior trade sources said, double the 2.49 million tonnes shipped over the same period last year. Click here to read full stories.

Nov 03 - Avoid this common mix-up with USDA’s S. American soy stocks – Braun 

When settling down to read the U.S. government's monthly data on soybeans, always take care with the stocks data on page 28. The U.S. Department of Agriculture releases an abundance of information each month with its global supply and demand estimates, and sometimes a misunderstanding can result in flawed conclusions by users. Click here to read full stories.

Nov 03 - Informa raises U.S. 2017 corn yield estimate, trims soy - trade

Private analytics firm Informa Economics raised its estimate of the U.S. 2017 corn yield to 173.4 bushels per acre (bpa), from its previous monthly estimate of 170.5, three trade sources said. Informa estimated the 2017 corn crop at 14.410 billion bushels, up from 14.182 billion last month. The firm trimmed its U.S. 2017 soybean yield estimate to 49.7 bpa, from 50.0 bpa previously, and pegged the soybean harvest at 4.447 billion bushels, compared with its October estimate of 4.474 billion. Click here to read full stories.

Nov 03 - Indonesia warns may bar EU milk powder if palm oil sales restricted

Indonesia, the world's biggest producer and exporter of palm oil, said it could block milk powder imports from the European Union if the bloc pushes forward with a resolution to restrict imports of the vegetable oil. Indonesia's exports of palm oil in 2016 were worth $18 billion, with the EU accounting for 16 percent of its sales last year. Click here to read full stories.

Nov 03 - U.S. lawmakers seek 'well-rounded biofuels policies'

A bipartisan group in the U.S. House of Representatives has called on the Environmental Protection Agency to recognize "the significant pitfalls and costs" of renewable fuel standards in its future rulemaking and enact "well-rounded" biofuel policies. "We look forward to working with you to put forth well-rounded biofuels policies that reflect market realities and benefit American families and businesses," the 64 lawmakers wrote to EPA Administrator Scott Pruitt on Wednesday in a letter Reuters reviewed on Thursday. Click here to read full stories.

Nov 03 - DuPont to sell cellulosic ethanol plant in blow to biofuel

DuPont Industrial Biosciences, a unit of DowDuPont Inc , on Thursday said it halted operations at a two-year-old ethanol plant and will sell it, dealing another blow to efforts to create biofuels without using food crops. The decision to shut the Iowa plant comes as political winds are undercutting efforts to produce ethanol from plant waste and wood shavings. Click here to read full stories.

Nov 03 - Iraq buys U.S. wheat in direct purchase deal

Iraq has purchased U.S. wheat in a direct deal, outside the tender process, two Iraqi officials said on Thursday. The wheat was purchased from Cargill and ADM, they said. Click here to read full stories.

Nov 03 - Egypt issues guidelines on wheat shipments amid ongoing inspection concerns

Egypt's agriculture ministry has issued a list of guidelines for port inspectors detailing which wheat shipments should be accepted or rejected by the world's largest buyer, a document seen by Reuters showed. Egypt is looking to address the concerns of suppliers who have been adding risk premiums of up to $500,000 per cargo because of what they say are inconsistent import rules and erratic inspection procedures. Click here to read full stories.

Nov 03 - Canadian dairy Saputo woos Australia farmers in Murray Goulburn rebuild

Saputo Inc , one of Canada's largest dairy producers, aims to return Australia's Murray Goulburn Co-operative to profit by aggressively pursuing more of the country's milk supply, its chief executive said on Thursday. The Montreal-based company agreed last week to buy the co-operative for C$1.3 billion ($1.02 billion)including debt, and has already planned 15 meetings with Australian dairy farmers in the next two weeks, CEO Lino Saputo Jr said. Click here to read full stories.

Nov 03 - U.S. imposes final duties on Canadian softwood lumber

The U.S. Commerce Department, accusing Canada of unfairly subsidizing and dumping softwood lumber in the United States, on Thursday set final duties on imports and Canada said it would appeal the decision, which comes during tense NAFTA trade talks. The duties would impose anti-dumping and anti-subsidy duties affecting about $5.66 billion worth of imports of the key building material, the department said. Click here to read full stories.

Nov 03 - Malaysia Palm-Oil Prices Edge Lower (Dow Jones)
Malaysian palm-oil prices are down slightly in early trading, but prices remain strong. The market has been helped by tight supplies, and focus currently is on news coming out of the Indonesian Palm Oil Conference. A number of market players are due to give speeches on the palm-oil price outlook. The Bursa Malaysia benchmark contract is down 0.2% at MYR2,814/ton.

Nov 03 - China's Pig Population Continues to Shrink (Dow Jones)
China's pig population continues to shrink as the government tries to reduce the pollution that hog farms cause. As such, Societe Generale says weaker-than-expected production in China might strengthen demand for US pork. That as China's pig herd shrank in September at the fastest pace in almost 2 years. The investment bank admits it's a "mystery" when production will start to recover.

Nov 03 - China Soybean Imports Likely to Hit New Record (Dow Jones)
Chinese soybean imports are expected to hit another new high this season as demand continue to outpace increasing local production, says the USDA. It predicts imports will hit 95 million metric tons, versus last season's 93.5 million, with much of the increase from demand for soymeal, used as an animal feed.

Nov 02 - Bunge sees lower full-year profit, better times in 2018

U.S. agricultural giant Bunge Ltd on Wednesday forecast lower full-year earnings in its core agribusiness unit after posting a third-quarter profit that fell 28 percent on flat revenue. The company said, however, that trading and processing next year would benefit from cost cutting and strengthening demand for oilseeds, a key driver of revenue. A global crops oversupply has hammered profits for grain trading and processing. Click here to read full stories.

Nov 02 - Monsanto halts launch of chemical after users complain of rashes

Monsanto Co  put on hold the launch of a chemical designed to be applied to crop seeds on Wednesday following reports it causes rashes on people, in the latest instance of complaints about a company product that was approved by U.S. environmental regulators. Monsanto froze plans for commercial sales of the product called NemaStrike, which can protect corn, soybeans and cotton from worms that reduce yields.  Click here to read full stories.

Nov 02 - Ukraine winter wheat sowing 96 pct complete

Ukrainian farmers have sown 5.9 million hectares of winter wheat for the 2018 harvest, or 96 percent of the expected area of 6.15 million hectares, the agriculture ministry said on Wednesday. Ukraine plans to sow 7.2 million hectares of various winter grains for next year's harvest, including the wheat, 926,000 hectares of winter barley and 161,000 hectares of rye, the ministry said in a statement. Click here to read full stories.

Nov 02 - China to accelerate state purchases of grains as rains affect harvest

China will increase state purchases of grains as heavy rains in southern China affects the output of wheat and corn, the State Administration of Grain and the state planner said on Wednesday. The state planner and grains regulator urged the local reserve centre to expand storage capacity to encourage state purchases of grains, including renting warehouses from local companies as temporary storages facilities. Click here to read full stories.

Nov 02 - CF Industries posts smaller-than-expected 3rd-qtr loss

North America's largest nitrogen fertilizer maker CF Industries Holdings Inc reported a smaller-than-expected quarterly loss on Wednesday, as higher sales volumes more than offset lower average selling prices. Shares rose 3.3 percent to $39.30 in after market, reaching their highest since late 2015. Click here to read full stories.

Nov 02 - Asian Palm Oil Supported by Soyoil, Crude Prices (Dow Jones)
Asian palm oil prices remain well supported by soyoil and crude oil prices. Focus is on data due out from the Malaysia Palm Oil Board next week as the market looks for signs of a rebuild in the palm oil stocks with production expected to recover. The Bursa Malaysia benchmark palm oil contact is currently up 4 ringgit a ton at MYR2,840 a ton.

Nov 01 - ADM says profit tumbles and issues gloomy view; shares drop

Archer Daniels Midland Co's  quarterly earnings tumbled 44 percent on severance and restructuring costs and weaker trading profits due to a global grain glut, and the agricultural trader offered a gloomy 2018 forecast, sending its shares dropping as much as 6.7 percent on Tuesday. The company widely missed profit and revenue estimates. Click here to read full stories.

Nov 01 - Lower Chinese wheat price may spur shift to more lucrative varieties

China's first cut to its wheat floor price in over a decade may encourage some farmers to plant more lucrative varieties, said analysts and farmers, helping the world's top wheat grower better meet the growing appetite for Western-style baked goods. Beijing said last week its minimum purchase price for wheat in 2018 would be lowered to 2,300 yuan ($347) per tonne, down 2.5 percent from this year's price, in a move aimed at curbing rising stockpiles.  Click here to read full stories.

Nov 01 - Egypt says Jordan to lift import ban on Egyptian potatoes

Jordan has lifted a ban on imports of Egyptian potatoes it imposed over a year ago due to brown rot, Egypt's Agriculture Ministry said on Tuesday. Earlier this month, Bahrain, Kuwait and the United Arab Emirates agreed to lift bans on Egyptian agricultural imports like lettuce and onions put in place due to concerns of pesticide residues.  Click here to read full stories.

Nov 01 - Argentina names farm lobby chief as new agriculture minister

Argentina will replace Agriculture Minister Ricardo Buryaile with Luis Miguel Etchevehere, currently the president of the Argentine Rural Society, a powerful industry group, Cabinet Chief Marcos Pena said on Tuesday. Buryaile will next serve as Argentina's ambassador to the European Union, Pena said at a news conference. Click here to read full stories.

Nov 01 - Cargill's Brazil unit sees infrastructure investments as possible

An executive at Cargill Inc's  Brazil unit said the company may consider making investments in infrastructure projects like roads and rail in the country, a leading producer of grains such as soybeans and corn. "There are areas at the company which may take an interest," Paulo Sousa, grains and oilseeds supply chain head at Cargill Agrícola SA, said in relation to such investments. Click here to read full stories.

Nov 01 - Asian CPO Trading Tad Higher On Bargain Hunting (Dow Jones)
Asian palm oil prices are trading slightly higher, reversing losses likely due to some bargain hunting. Palm oil prices came off slightly Tuesday as Malaysian export estimates indicated that demand for palm oil had softened slightly in the last 5 days of October. The Bursa Malaysia benchmark palm oil contract is currently trading up 18 ringgit a ton at MYR2833.

Nov 01 - China Wheat Futures Under Pressure (Dow Jones)
China wheat futures remain under pressure after Beijing announced late last week that it would cut the minimum price it pays, the first such drop since 2006. Having accumulated large stockpiles in a number of agricultural commodities due to a policy of price targeting, the government has largely eliminated the national policy for all but strategically important wheat and rice. January Strong Gluten Wheat trading on the Zhengzhou Commodities Exchange is currently trading at CNY2,630/ton, versus the minimum CNY2,300 the State Administration of Grain will pay for crops produced this season.

Nov 01 - Australia Winter Crop Production Estimated Down 41% on Year (Rabobank)
Rabobank further cut its forecast Australian winter crop production as weather conditions remain unfavorable. It notes that it expects winter crop production to be down 41% on year and "well below the five-year average." However, Rabobank agricultural analyst Wes Lefroy says that while national grain production would be considerably down, the export surplus would be somewhat supported by high carry-over stocks, with Rabobank expecting 17 million tons of wheat to be available for export in 2017/18.

Oct 31 - Asian Crude Palm Oil Ends Weaker Tracking Losses in Competing Oils (Dow Jones)
Malaysian palm oil futures ended lower Tuesday, as weakness in rival soy oil prices offset higher export demand. Malaysia's palm-oil exports in Oct rose 2.3% on month at 1,416,664 metric tons, says cargo surveyor SGS (Malaysia) Bhd. The estimate is slightly above the 1,406,706 tons calculated by another cargo surveyor, Intertek Agri Services. However, an expected fall in production by the year-end could give prices a near-term support above MYR2,700/ton, says an OCBC note. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended MYR23 lower at MYR2,816/ton. ($665.2)

Oct 31 - Strategie Grains raises EU rapeseed area estimate, steady on year

Consultancy Strategie Grains has raised its estimate slightly for the area sown with rapeseed in the European Union for the 2018 harvest, but said setbacks in northern EU countries would prevent the area surpassing this year's level. The French-based firm put the EU rapeseed area for the 2018/19 harvest season at 6.71 million hectares, up from 6.64 million in its initial forecast a month ago and close to an estimated 6.74 million in the 2017/18 harvest. Click here to read full stories.

Oct 31 - U.S. soy harvest seen 83 percent complete, corn 53 percent - poll

The U.S. Department of Agriculture's weekly crop progress report should show the U.S. soybean harvest as 83 percent complete and the corn harvest 53 percent complete, according to the average of estimates from 12 analysts polled by Reuters on Monday. The poll forecast the corn crop would be rated 66 percent good to excellent as of Sunday, unchanged from a week earlier. The USDA has stopped issuing condition ratings for the 2017 soybean crop. Click here to read full stories.

Oct 31 - Brazil soy farmers in Goiás state scramble to plant to avoid losses

Farmers in the Brazilian state of Goiás are scrambling to plant the entire soy area after delays caused by low rainfall, to avoid potential productivity losses in the current crop cycle, an analyst at the state's agricultural federation Faeg said on Monday. The ideal window for planting closes around Nov. 10, Pedro Arantes said in a telephone interview. Click here to read full stories.

Oct 31 - Japan Sept chilled beef imports jump 31.5 pct after frozen meat tariff hike

Japanese imports of chilled beef rose 31.5 percent in September after Tokyo hiked tariffs on shipments of frozen meat in a move to protect local farmers, data from the country's finance ministry showed on Tuesday. Imports of chilled beef totalled 25,225 tonnes in September, according the figures. Japan has lifted tariffs on frozen beef imports from the United States and other countries to 50 percent from 38.5 percent for the period from Aug. 1 to the end of March next year. Click here to read full stories.

Oct 31 - Malawi lifts maize export ban after rains return

Malawi President Peter Mutharika lifted a two-year ban on maize exports on Monday, after a bumper 2016/17 harvest helped farmers bounce back from a severe drought. The previous year's harvest was devastated by an El- Nino weather system that swept across southern Africa and left about half of Malawi's 15 million people needing food aid. Click here to read full stories.

Oct 31 - Malaysia Palm Production to Pick Up, Stocks to Fall (Dow Jones)
Malaysia palm oil production for 2017/18 is expected to increase 7.7% on year to 21 million metric tons as trees fully recover from stress following the 2016 El Nino phenomenon and the industry is able to address labor issues, says the US Department of Agriculture in a note. However, it forecasts that palm oil stocks at Sep. 30, 2018, will be 1.54 million metric tons, down 8.1% on year due to a rise in exports over the prior year.

Oct 31 - Asian Palm Oil Prices Likely to Fall on Ample Supply (Dow Jones)
Asian palm oil prices are expected to fall next year as supply should be more than ample to meet demand, due to the increases in planted areas in Indonesia and higher output in Malaysia, says Capital Economics in a note. It adds that palm oil output is estimated to have rebounded strongly in 2016/17, following the El Niño-related adverse weather in the previous season.

Oct 31 - Palm Oil Prices Rally on Demand, Disappointing Production (Dow Jones)
Palm oil prices continue to rally with Bursa Malaysia palm oil futures surpassing its 1.5 month high at the close on Monday, says OCBC in a note; "The mix of positive demand and disappointing production led prices higher, although we think some technical buying could have supported prices." Malaysia's export data estimate is due out during the session and will likely drive direction. The Bursa Malaysia benchmark palm oil contract closed up 22 ringgit a ton at 2,839 ringgit a ton.

Oct 30 - Asian CPO Closes Higher As Export Demand Seen Rising (Dow Jones)
Malaysian palm oil futures recovered from last week's weakness to end Monday's trading session higher, buoyed by stronger export demand outlook. Market watchers are awaiting export estimates for October to be released by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. tomorrow. "That will give a new direction to the market," says a Kuala Lumpur-based trader. Expectation of weaker production in the second-largest palm oil grower Malaysia is likely to support prices, he adds. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended up MYR23 at MYR2,840/ton ($670).

Oct 30 - Low-protein U.S. soy crop dents meal quality, may lift feed costs

A protein shortfall in this year's U.S. soybean crop has forced processors like Bunge Ltd to cut the amount of the nutrient they can guarantee in soymeal, prompting concerns that animal feed costs and meat prices could rise. Adverse crop weather this summer likely dragged down the protein content of soybeans, prompting concern that the soymeal produced at crushing facilities will be light on protein and other key nutrients, traders and agriculture experts said. Click here to read full stories.

Oct 30 - Cut in Argentine export tax to stop soy area shrinkage - analysts

A decline in Argentine soy planting area should stop next year, when the government plans to start cutting its 30 percent tax on bean exports, the country's two main grain exchanges and a farmer in bread basket province Buenos Aires said this week. Just after taking office in late 2015, President Mauricio Macri lowered the soybean export tax from 35 percent while eliminating taxes that the previous administration had put on international wheat and corn shipments. Click here to read full stories.

Oct 30 - Funds sold CBOT grains last week despite short-covering rally - Braun

Speculators extended bearish bets in Chicago-traded grain futures and options in the week ended Oct. 24 despite a round of short-covering late in the period that lifted prices. Heavy fund selling at the end of the previous week spurred a respectable rally in CBOT grains on Oct. 23, sending benchmark December corn futures up 2 percent, the largest single-day gain since Aug. Click here to read full stories.

Oct 30 - China's Wen's overhauls poultry business after bird flu toll

Chinese chicken breeder Guangdong Wen's Foodstuff Group Co Ltd said on Sunday it had switched to new broiler breeds and expanded sales of chilled poultry meat in the wake of the country's worst-ever wave of bird flu last winter. The company, reporting a nearly 63-percent drop in profits for the first nine months of the year, said the H7N9 virus had had a serious impact on its business in the first half, but that sales had recovered in the third quarter as demand returned and prices improved. Click here to read full stories.

Oct 30 - McDonald's sets new welfare standards for chickens

McDonald's Corp will require suppliers to follow new standards for raising and slaughtering chickens served in its restaurants, the company said on Friday, the latest changes affecting popular menu items like McNuggets. Animal activists said the mandates fall short of commitments made by other restaurants, such as Burger King and sandwich chain Subway, and failed to address their primary concern about chicken production: birds bred to grow quickly to large sizes. Click here to read full stories.

Oct 30 - China firms in talks to bid in Brazil's grain rail auction

A group of state-owned Chinese firms plan to form a consortium to bid in an auction for the right to build and operate a railroad known as Ferrogrão, Brazil's secretary for the government's public-private partnerships program, Adalberto Vasconcelos, said on Friday. With 1,100 kilometers (683 miles), Ferrogrão will connect grain producing regions in Brazil's center-west to the port of Miritituba, in the northern Pará state. Click here to read full stories.

Oct 30 - Brazil soy farmers plant 30 pct of area, in line with 5-year average

Brazilian farmers have sown 30 percent of the soy area through Thursday, roughly in line with a five-year average, but more than 10 percentage points below planting at the same time in the previous crop, consultancy AgRural said on Friday. In the state of Paraná, where planting is most advanced, 67 percent of the soy area has been sown, far above a five-year average of 55 percent and ahead of last year's mark by 2 percentage points, AgRural said. Click here to read full stories.

Oct 30 - EU raises 2017/18 wheat crop estimate, cuts maize

The European Commission increased its monthly estimate of 2017/18 usable production of common wheat in the European Union by 1.1 million tonnes to 141.5 million tonnes. That compared with 133.7 million tonnes of common wheat, or soft wheat, produced in 2016/17, the Commission said in data released on Thursday. Click here to read full stories.

Oct 30 - Asian Palm Oil Rallies Along With Crude Oil (Dow Jones)
Asian palm-oil prices are trading at their highest level in 6 weeks, supported by continued gains in crude oil. Palm oil is often used in biodiesel, and its use becomes more competitive when crude prices climb. Beyond that, market focus is the release of full-month Malaysia export estimates as participants look to see whether demand held up following Diwali. The Bursa Malaysia benchmark palm-oil contract is up 1.2% at MYR2,851/ton.

Oct 30 - Fine-Wool Demand Continues to Push Prices Higher (Dow Jones)
Demand for fine Australia wool continues to push prices higher, partly due to advantageous currency movements against the Australian dollar, says farmer group Australian Wool Innovation. The ASEX Eastern Market Indicator, the global benchmark for wool prices, rose 0.6% last week to  A$15.78/kilogram. But the group notes that thicker wool varieties, largely used for furnishings, remain under pressure as demand is softer.

Oct 27 - China cuts minimum purchase price for wheat for first time in over a decade

China, the world's top wheat producer, has cut its minimum purchase price for the grain for 2018 to help whittle its mammoth stockpiles and adjust to the market, the first such move since the policy was launched over a decade ago. The government has cut the 2018 price to 2,300 yuan ($346) per tonne, down 2.5 percent from this year, the National Development and Reform Commission said on its website on Friday. Click here to read full stories.

Oct 27 - China's hunger for soy imports not curbed by bumper domestic crop -Braun

China just harvested its largest soybean crop in six years, but the country’s massive import needs will not fade anytime soon, good news for its two primary suppliers, the United States and Brazil. Annually, nearly two-thirds of all soybeans imported globally land on Chinese shores. The value of China's haul amounted to $34 billion in the 2016 calendar year. Click here to read full stories.

Oct 27 - IGC boosts global grains forecast for 2017/18

The International Grains Council (IGC) lifted its forecast for 2017/18 world grain production on Thursday, mostly reflecting improved prospects for the U.S. corn crop. The inter-governmental body, in a monthly report published on Thursday, forecast total grain production at 2.075 billion tonnes, up 6 million tonnes from its previous forecast. Click here to read full stories.

Oct 27 - U.S. Senators from refinery states seek Trump meeting on biofuels policy

Nine U.S. senators from states that have oil refineries sent a letter to President Donald Trump on Thursday urging changes to biofuels policy and asking for a meeting to discuss the issue. The letter reflects growing tensions between refiners that oppose the U.S. Renewable Fuel Standard, a law requiring them to blend increasing amounts of ethanol into fuel each year, and the Midwest corn lobby that supports it. Click here to read full stories.

Oct 27 - Start to Argentina 2017/18 soy planting inhibited by heavy rains

Argentine soy planting began over the last two weeks while flooding contributed to a 5.7 percent contraction in projected area for the 2017/18 season compared with the previous crop year, the Buenos Aires Grains Exchange said on Thursday. In its weekly crop report, the exchange said 1.8 percent of the expected 18.1 million hectares to be sown with soy this year had been planted. Sixty percent of planting as of Thursday had been concentrated in the north and south of the country's farm region, it said. Click here to read full stories.

Oct 27 - Buyers circle Potash Corp stake in lithium producer SQM

Potential buyers have shown big interest in Potash Corp of Saskatchewan Inc's 32 percent stake in Chilean lithium producer SQM SA, Potash's chief executive said on Thursday, after reporting a lower than expected third-quarter profit. Canada's Potash set to merge with rival Agrium Inc, must divest minority stakes in SQM and fertilizer companies ICL Israel Chemicals and Arab Potash Co PLC  within 18 months as a condition of India's approval for the $25-billion deal. Click here to read full stories.

Oct 27 - Malaysia Sees Average Palm Prices Rising Next Year (Dow Jones)
The Malaysian government expects palm oil prices to trade at an average price of MYR2,750 per ton next year, on the back of higher demand from markets like China, the EU and India, up from a forecast average price of MYR2,700 this year. The benchmark palm oil contract for January delivery was trading at MYR2,827 per ton on Friday. On Malaysian palm oil production, the government expects a 15.5% increase this year, and a 2.5% rise in 2018. Malaysia is the world's second largest palm oil producer after Indonesia.

Oct 27 - Asia Palm Oil Price Rise to 1-Month High (Dow Jones)
Asian palm oil prices are at their highest levels since mid-September, as ongoing strength in export demand continues to increase expectations that supplies of the edible oil will remain tight. Furthermore, there are growing concerns that a La Nina weather phenomenon could hit later in the year or early next year, bringing with it concerns that Malaysia and Indonesia could be hit by unseasonably wet weather that reduces production. The Bursa Malaysia benchmark palm oil contract is currently trading up 12 ringgit a ton at MYR2825 a ton.

Oct 27 - China's Ethanol Production to Grow on Demand, Policy (Dow Jones)
China's total ethanol production will likely grow in 2018 on strong demand and policy support, according to the US Department of Agriculture. China has significant corn stockpiles, much of which is thought no longer suitable for food, and an increase in ethanol production could reduce these, taking away a factor weighing on prices. It adds that state media reports that by 2025, China will shift renewable fuel production to commercial scale cellulosic ethanol. "If realized, this plan, taken with China's ongoing corn sector reform, will fundamentally transform the coarse grains, distillers' dried grains, and ethanol markets in China." The March corn future contract trading on the Dalian Commodity Exchange is currently trading down 6 yuan at CNY1,686 a ton.

Oct 26 - U.S. farmers tighten belts to compete with cheap LatAm grain

When Kansas farmer Tom Giessel drove over a deer carcass and punctured a tire on his combine during harvest this fall, he did not have the time or cash to fix it. He borrowed his neighbor's tractor to finish. U.S. farmers are cutting costs any way they can to compete against cheaper producers in Argentina and Brazil. Four years of global oversupply have pushed down grain prices, reduced agricultural revenues and put more expensive producers under financial pressure. Click here to read full stories.

Oct 26 - Egypt to issue guidelines to tackle wheat import problems

Egypt will issue a streamlined guide on wheat imports within two weeks that will detail all specifications, procedures, and regulations for traders selling to the world's largest buyer, Supply Minister Ali Moselhy told Reuters on Wednesday. Egypt is looking to calm nervous suppliers who have been adding risk premiums of up to $500,000 per cargobecause of what they say are inconsistent import rules and erratic inspection procedures. Click here to read full stories.

Oct 26 - Australia signs deal to export new-crop wheat, season kicks off at last

Suppliers of Australian wheat have signed one of the first deals to export the crop due to be harvested in the next couple of months, helping kick off this year's export programme after more than three months of delay. The contract to supply Vietnam with 30,000 tonnes of Australian Premium White (APW) wheat was signed at $252 a tonne, including cost and freight, for arrival in December, said two trade sources. Click here to read full stories.

Oct 26 - Bayer's Brazil unit receives approval for soybean fungicide

The Brazilian unit of Bayer AG has received regulatory approval to sell its FOX Xpro fungicide, executives said on Wednesday, potentially boosting its agro-chemical business in one of the world's largest grains-producing nations. The new product's main focus is soybeans, particularly due to Asian soy rust disease, caused by two types of fungi. The costs for controlling the disease with fungicides as well as losses stemming from it, reach $2 billion in a crop year, Brazilian agricultural research agency Embrapa has estimated. Click here to read full stories.

Oct 26 - Brazil's agriculture ministry seeks duty-free quota to import wheat

Brazil's agriculture ministry said on Wednesday it was seeking approval from the country's foreign trade chamber for a duty-free quota of 750,000 tonnes of wheat for local processors to import from outside the Mercosur trade bloc. The request follows a reduction of planted area this year and problems with production in southern states of the country. It also addresses a commitment Brazil agreed to in the World Trade Organization, related to market access, the ministry's press office said. Click here to read full stories.

Oct 26 - Ukraine winter wheat sowing 94 pct complete

Ukrainian farmers have sown 5.8 million hectares of winter wheat for the 2018 harvest, or 94 percent of the expected area of 6.15 million hectares, the agriculture ministry said on Wednesday. Ukraine plans to sow 7.2 million hectares of various winter grains for next year's harvest, including 6.15 million hectares of winter wheat, 926,000 hectares of winter barley and 161,000 hectares of rye, the ministry said in a statement. Click here to read full stories.

Oct 26 - Asian Palm-Oil Prices Pause After Recent Jump (Dow Jones)
Asian palm-oil prices ease in early trading after recent strong gains stoked by Malaysian export estimates showing ongoing solid demand. But analysts warn that as palm oil gets more expensive compared with soy oil, some substitution might start to occur. The Bursa Malaysia benchmark palm-oil contract drops 0.2% to MYR2,798/ton.

Oct 26 - Australian Milk Production Expected to Rise 2.2% in 2018 (Dow Jones)
Expect a recovery in Australian milk production next year, with production forecast to increase 2.2% to 9.3 million metric tons, says the US Department of Agriculture in a note. "Rising farm gate prices should support continued herd rebuilding and higher milk production. Processors are expected to prioritize production and exports of butter, cheese and infant formula." Low milk prices resulted in a fall in dairy production in Australia, New Zealand and Europe, tightening available supplies.

Oct 26 - Better Prospects Seen Ahead of Malaysia's Plantation Sector (MIDF)
MIDF Research upgrades Malaysian plantations sector to positive from neutral previously. The broker attributes this to consensus palm oil price forecasts being too pessimistic. MIDF also says its upgrade stems from a better demand outlook for palm oil in 2018, while supply growth for palm oil is expected to weaken next year. MIDF also expects a strong set of earnings from Malaysian palm companies expected in the upcoming November results season. It raises its average palm oil price forecast for 2018 to MYR2,900 per metric tonne from MYR2,725 previously. Crude palm oil futures are last traded at MYR2,805.

Oct 25 - Asian CPO Ends Higher on Robust Demand (Dow Jones)
Malaysian palm oil futures ended higher on robust export demand, particularly from India. Malaysia's palm-oil exports between October 1-25 rose 8.6% on month at 1,177,939 metric tons, says cargo surveyor Intertek Agri Services. During the period, India's import of the tropical oil rose 28.6% to 252,010 metric tons. Traders expect near-term exports to remain strong, supported by restocking demand from India. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange ended up MYR29 at MYR2,806/ton ($663).

Oct 25 - Smithfield Foods goes online to sell U.S. pork in China

The world's largest pork company WH Group Ltd said on Tuesday its U.S. subsidiary, Smithfield Foods, will for the first time sell its U.S.-produced pork online in China, via online retailer JD.com Inc. The move follows other international food companies that are looking to boost sales in the world's top pork consumer through its vast e-commerce market, with a growing middle class developing a taste for branded and imported meat products. Click here to read full stories.

Oct 25 - Cargill to buy feed maker in high-margin natural foods push

Cargill Inc is buying a maker of natural animal feeds, the global commodities trader said on Tuesday, another in a string of deals to capitalize on rising demand for higher-margin natural foods and antibiotic-free meat and dairy products. The recent push by privately held Cargill, including Tuesday's deal for Iowa-based Diamond V, has centered on its animal nutrition and protein unit, with expansions in feed production and aquaculture and divestitures of its U.S. pork business and cattle feedlots. Click here to read full stories.

Oct 25 - Double trouble: Australia wheat farmers face dry weather, bloated global stocks

Australia's wheat farmers face a double whammy this year as dry weather slashes local production at a time when bloated global inventories are dragging on international prices for the grain. The world's fourth largest wheat exporter is set for its smallest crop in a decade after hot, dry weather parched fields. But with international stocks at all-time highs of over 250 million tonnes, global prices have fallen to near their lowest in two months. Click here to read full stories.

Oct 25 - Iran's SLAL tenders to buy 120,000 tonnes soymeal - trade

Iranian state-owned animal feed importer SLAL has issued an international tender to purchase around 120,000 tonnes of soymeal, European traders said on Tuesday. Offers in the tender must be submitted on Nov. 29, they said. Click here to read full stories.

Oct 25 - Butter shortfall leaves French croissants half-baked

France is running short of butter, with some supermarket shelves sitting empty and the price of croissants on the rise, creating a headache for the government just as it tries to make the food chain fairer for farmers. The shortage is the result of falling milk production and rising butter demand globally, with consumer attitudes towards the spread, once shunned as unhealthy, turning more positive. Click here to read full stories.

Oct 25 - Asia Palm Oil to Take Cues From Export Views (Dow Jones)
Today's trading in Asian palm-oil prices is likely to be dominated by the release of Malaysia export estimates later on. Data released late last week showed a strong rise for October, which has pushed the benchmark contract to the top of its recent range.

Oct 25 - Narrowing Of Palm-Soy Oil Spread Could Hurt Demand (Dow Jones)
The narrowing of the palm oil/soy oil price spread has made the former more expensive "and could see demand" move into other vegetable oils, says Rabobank. That as the firm thinks a higher Malaysia palm-oil export tax next month and an expected seasonal demand slowdown could hit the market. Palm oil solidifies in cold temperatures," the bank reminds.

Oct 24 - Asian CPO Ends Lower Amid Worries About Demand (Dow Jones)
Malaysia palm oil futures reversed Monday's gains to end lower amid concerns about weaker demand. Traders say investors will make their next move based on export estimate data for the Oct. 1-15 period to be released Wednesday by cargo surveyors Intertek and SGS. "Demand is expected to wane as festival season in India and China draws to a close," notes David Ng of Philip Futures in Kuala Lumpur. Losses in rival soy oil also weighed on market sentiment, he adds. The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange last traded MYR10 lower at MYR2,777/ton ($656).

Oct 24 - Funds favor CBOT soy over corn to largest degree in 13 months - Braun

Speculative views toward Chicago-traded oilseeds versus grains have reached the largest disparity since January, favoring oilseeds - which include soybeans and their products. At the center of this is soybeans and corn, where the same spread has reached a 13-month high in the week ended Oct. 17, according to data from the U.S. Commodity Futures Trading Commission. Click here to read full stories.

Oct 24 - China soy prices hit 18-month low amid talk Beijing may curb state buying

Chinese soybean prices fell to their lowest in 18 months on Monday, amid concerns the government might lower its price or suspend state buying of the oilseed as farmers harvest the country's largest crop in six years, analysts said. Beijing started buying soybeans from the new harvest to rotate stocks in its strategic reserves earlier this month, a regular programme to maintain stockpile quality and protect farmers' profits. Click here to read full stories.

Oct 24 - U.S. sets antidumping duties on Argentine, Indonesian biodiesel

The U.S. Commerce Department on Monday set preliminary antidumping duties on imports of biodiesel from Argentina and Indonesia, after an initial finding that the products used as motor fuel were being sold at prices below market value in the United States. The antidumping duties set range from 54.36 percent to 70.05 percent on soy-based biodiesel from Argentina, and 50.71 percent on palm oil biodiesel from Indonesia, the Commerce Department said in a statement. Click here to read full stories.

Oct 24 - EU wheat exporters look to winter revival after Russian glut

An upturn in EU wheat exports after a sluggish start to the season may hinge on a drop in the euro, success in Morocco's upcoming import campaign and logistical limits to massive Russian shipments, analysts and traders said. European Union exports of soft wheat, or common wheat, in the 2017/18 season that started in July are running nearly one-third behind last season's pace, despite a bigger EU harvest.  Click here to read full stories.

Oct 24 - Egypt says wheat reserves sufficient for 4 months

Egypt's supply minister said on Monday the country has wheat reserves sufficient for four months and sugar reserves for 5.2 months. Egypt also has vegetable oils for the next 3.2 months and its rice reserves are sufficient for one month's consumption, Supply Minister Ali Meselhi told a press conference on Monday. Click here to read full stories.

Oct 24 - Russian wheat export prices flat as exports stay at record high

Russian wheat export prices were largely flat last week as the country continued to export record grain volumes, analysts said on Monday. Egypt, the world's largest wheat importer and the biggest buyer of Russian wheat, bought 230,000 tonnes of Russian wheat in a state tender last week. Click here to read full stories.

Oct 24 - Brazil's JBS unit does not know if it is on a list of firms using slave labor

The world's largest meatpacker JBS SA  said on Monday it does not know if its unit JBS Aves Ltda is on a government list of employers that use slave labor in Brazil, after a local media outlet alleged the unit was included in the roster. JBS said JBS Aves, which operates in the state of Santa Catarina, has not been notified so far of any decision to include the company on such a list. Click here to read full stories.

Oct 24 - Australia weather bureau says climate indicators near La Nina thresholds

Australia's Bureau of Meteorology (BOM) said on Tuesday climate indicators were near the levels associated with a La Nina weather event and pegged the chance of the weather pattern developing this year at 50 percent. This is around double the normal likelihood of the weather event, the BOM said. Click here to read full stories.

Oct 24 - Asian CPO Prices Likely Supported by Demand Expectations (Dow Jones)
Asian palm oil prices are likely to remain supported on expectations that demand has remained strong in October. OCBC says in a note that palm oil prices saw their strongest climb in almost 4 weeks Monday, due to "improved demand prospects given Malaysia's palm oil exports growth of 11.6% month on month in the first twenty days of October." The benchmark palm oil contract for January delivery on the Bursa Malaysia Derivatives Exchange rose 46 ringgit to end Monday at MYR2,787/ton.

Oct 24 - ASX Eastern Wheat Futures Likely to Remain Under Pressure (Dow Jones)
The ASX eastern wheat futures and spot prices at eastern Australian ports remain well above levels where exports are competitive with global prices so domestic prices will likely remain under pressure, says Tobin Gorey, an analyst at Commonwealth Bank of Australia. "How much pressure is an open question because there are only small crops supplying these ports." However, he notes that wheat prices in the west and south of Australia have now extended their competitiveness and prices there are expected to stabilize. The ASX Eastern Wheat January contract is currently trading down A$0.50 at A$261.00 a metric ton.

Oct 23 - Monsanto sues Arkansas over proposed herbicide limits 

Monsanto Co sued Arkansas agricultural officials on Friday to stop a proposed summer ban on a weed killer linked to widespread crop damage beyond the major farm state's borders.The lawsuit seeks to block the Arkansas State Plant Board from prohibiting the use of dicamba herbicides, manufactured by Monsanto and BASF SE, during summer when the products are meant to be sprayed on soybeans and cotton engineered by Monsanto to resist the chemical. Click here to read full stories.

Oct 23 - China state planner to adjust state purchase price for grain 

China's state planner said on Sunday it will adjust minimum state purchase prices for grains and increase the flexibility of the grain reserve system, marking another sign that the Chinese government may lower prices amid a global glut.The pledge came as state reserves of wheat and rice pile up. Click here to read full stories.

Oct 23 - EPA abandons changes to U.S. biofuel program after lawmaker pressure 

The U.S. Environmental Protection Agency has backed off a series of proposed changes to the nation's biofuels policy after a massive backlash from corn-state lawmakers worried the moves would undercut ethanol demand, according to a letter from the agency to lawmakers seen by Reuters.EPA Administrator Scott Pruitt said in the letter dated Oct. 19 that the agency will keep renewable fuel volume mandates for next year at or above proposed levels, reversing a previous move to open the door to cuts. Click here to read full stories.

Oct 23 - Brazil farmers plant 20 pct of soy area but Mato Grosso lags 

Brazilian farmers have planted 20 percent of the expected soy area so far in the 2017-18 crop, consultancy AgRural said on Friday, with some producers expressing concern regarding the progress of works due to a lack of rains in key producing regions.Planting is roughly in line with a five-year average of 19 percent for this period of the year, but behind last year's level of 29 percent due to weather factors, the consultancy said. Click here to read full stories.

Oct 23 - Bangladesh approves purchase of rice from India at $455/T 

Bangladesh has approved the purchase of 100,000 tonnes of parboiled rice from India at $455 a tonne, officials said on Sunday, as the government races to shore up depleted stocks and combat high prices.Traditionally the world's fourth-biggest rice producer, Bangladesh's rice imports are set to hit their highest levels in a decade after floods hit its crops. Click here to read full stories.

Oct 23 - China's SDIC to produce 4 mln-5 mln T/yr ethanol in five years -official 

China's State Development & Investment Corporation (SDIC) is aiming to produce 4 million to 5 million tonnes of ethanol a year in the next three to five years, a company official said on Friday, around double the nation's current output.The state-owned firm is seeking to profit from a new policy promoting ethanol use in gasoline across the country. Click here to read full stories.

Oct 23 - EU presses on with Mercosur trade talks despite French nerves 

The European Union will push to conclude free trade talks with South American bloc Mercosur by the end of the year, leaders said, despite French reservations over the surge of farm imports an agreement would bring.French President Emmanuel Macron had said he was in no hurry to do a deal with the beef-exporting Mercosur countries of Argentina, Brazil, Paraguay and Uruguay and succeeded in pushing trade onto the agenda of an EU leaders summit in Brussels.  Click here to read full stories.

Oct 23 - CME revises daily price limits for soybeans, soymeal from November 

Daily price limits for Chicago Board of Trade soybean and soybean meal futures will decline from November following a semi-annual review, exchange parent CME Group Inc said on Friday.Under exchange rules, the CBOT resets daily limits for grains and oilseeds in May and November of each year, based on a percentage of the average settlement price of benchmark contracts during an observation period of about nine weeks. Click here to read full stories.

Oct 23 - Asian Palm Oil Prices Tad Higher as Oil Prices Rise (Dow Jones)
Asian palm oil prices are slightly higher following strength in other commodity markets including oil with the benchmark contract trading up 0.3% early. Palm oil prices often take a lead from oil as they are key driver of prices for biodiesel--for which palm oil can be used. The Bursa Malaysia benchmark palm oil contract is currently trading up 10 ringgit at 2,751 ringgit a ton.

Oct 23 - Asia Rice Production Likely Lower on Challenging Climate (Dow Jones)
Rice production in Asia is likely to be lower than expected, due to "somewhat challenging climatic unfolding" characterized by abnormal dryness in Sri Lanka and North Korea; floods in Bangladesh; and a combination of both in India and Nepal, says the Food and Agriculture Organization. However, it notes these losses along with slightly lower production in Korea and Vietnam, "are likely to be compensated by larger crops elsewhere, thus keeping output in the sub-region only marginally below the 2016 all-time high." The FAO rice price index for October was up 1.9% on month.

Oct 23 - Australia Wheat Production Forecast Reduced Further (USDA)
Australia's wheat production forecast for 2017/18 has again been lowered by the US Department of Agriculture due to the ongoing adverse seasonal weather conditions. It now forecasts Australia, the world's 4th largest wheat exporter, will produce 20 million metric tons of wheat, down around 40% on the prior season. Australia has been hit by unseasonably dry weather conditions that have hampered wheat yields. The ASX Eastern Wheat Futures is currently trading down A$1.50 at A$260.50 a metric ton.

Oct 20 - In glyphosate review, WHO cancer agency edited out "non-carcinogenic" findings 

The World Health Organization's cancer agency dismissed and edited findings from a draft of its review of the weedkiller glyphosate that were at odds with its final conclusion that the chemical probably causes cancer. Documents seen by Reuters show how a draft of a key section of the International Agency for Research on Cancer's (IARC) assessment of glyphosate - a report that has prompted international disputes and multi-million-dollar lawsuits - underwent significant changes and deletions before the report was finalised and made public. Click here to read full stories.

Oct 20 - Argentina sees corn planting up 5.2 pct amid global grains glut 

Argentine farmers are expected to expand corn planting by 5.2 percent this season, the government said on Thursday, as the free-market policies of President Mauricio Macri encourage crop rotation after decades of over-planting soy. Soon after taking office in late 2016 Macri eliminated a 20 percent tax that had been placed on international corn shipments and ditched the strict export controls that the previous government had placed on corn and wheat. Click here to read full stories.

Oct 20 - Vilmorin sees GMO maize opening in China in wake of Syngenta 

Vilmorin expects China to end a ban on growing genetically modified crops after ChemChina's takeover of Syngenta, potentially benefiting Vilmorin due to a maize licensing deal it has with Syngenta. State-owned ChemChina completed the takeover of Swiss crop seed and chemical group Syngenta earlier this year, one of several multi-billion consolidation deals in an agricultural supplies sector strained by low crop prices.  Click here to read full stories.

Oct 20 - Informa lowers U.S. 2018 corn plantings forecast, raises soy 

Private analytics firm Informa Economics lowered its forecast of U.S. 2018 corn plantings to 90.460 million acres, from 91.880 million acres previously, according to an Informa client note dated Thursday and obtained by Reuters. The firm raised its U.S. 2018 soybean plantings forecast to 90.347 million acres, up from its month-ago projection of 89.057 million acres. Click here to read full stories.

Oct 20 - U.S. House members ask EPA not to lower biofuels requirements 

A group of 22 members of the U.S. House of Representatives asked the Environmental Protection Agency in a letter on Thursday not to lower some requirements for mixing biofuels into the country's fuel supply, but also not to let ethanol exports qualify for renewable fuel credits, according to a copy of the letter obtained by Reuters. The members of Congress are part of a bipartisan voting bloc dedicated to supporting the biofuels industry called the House Biofuels Caucus. They represent districts in states such as Iowa and Illinois where farmers grow corn for ethanol and other biofuels. They urged the agency to increase biomass-based biodiesel requirements and not to decrease the amount of advanced biofuels required to be added to the fuel supply. Click here to read full stories.

Oct 20 - SovEcon raises Russian grain export forecast by 1.1 pct to 44.5 mln tonnes 

Russia's SovEcon agriculture consultancy said on Thursday it had upgraded its forecast for Russia's 2017/18 grain exports by 500,000 tonnes, to 44.5 million tonnes, due to a fast pace for supplies earlier in the season, which started on July 1. Its estimate for Russia's 2017/18 wheat exports was raised to 33.9 million tonnes from 32.4 million tonnes, for barley exports by 200,000 tonnes to 4.5 million tonnes. Click here to read full stories.

Oct 20 - Asian Palm Oil Prices Tad Higher Ahead of Data Release (Dow Jones)
Asian palm oil prices are trading slightly higher in early trade ahead of the release of Malaysia export estimate data later in the session for the first 20 days of October. The market will be looking to see whether exports have held up and where demand is coming from. The Bursa Malaysia benchmark contract is currently trading up 4 ringgit a ton at MYR2726 a ton.

Oct 19 - Ethiopia postpones tender to buy 400,000 T wheat - trade 

Ethiopia has postponed the offer deadline for its international tender for about 400,000 tonnes of milling wheat until Oct. 24, European traders said on Wednesday. The original tender deadline was Tuesday, Oct.17.

Oct 19 - Asian CPO Ends Lower but Market Range Trading (Dow Jones)
Asian palm oil prices close lower Thursday, but continue to trade in a tight range as there are few specific drivers. The market is looking for further information about supply of other oilseed crops such as canola and soybeans because tightness there will likely support palm oil prices. The Bursa Malaysia benchmark palm oil contract was down 19 ringgit a ton at the close of trade at MYR2,722.

Oct 19 - COFCO delays $20 mln port hub in southern Brazil 

A division of Chinese commodity trader COFCO has delayed completion of a $20 million port hub in southern Brazil, three sources told Reuters, as it struggles to reorganize operations after merging its Nidera BV and Noble Agri businesses. The transshipment hub on the bank of the Sinos river, which is still under construction, is expected to move 850,000 tonnes of grains per year - from trucks to barges bound for Rio Grande for export, and receive imported wheat shipped through that port. Click here to read full stories.

Oct 19 - Palm prices may rise to $850/T on weak output recovery, tight stocks - Dorab Mistry

Crude palm oil prices are forecast to rise to $800 per tonne CIF Rotterdam by January, with potential to hit $850 by March 2018, said leading edible oils analyst Dorab Mistry on Wednesday. Mistry said palm oil prices would rise due to tight inventory levels as production recovery in Malaysia and Indonesia was weaker than expected. Indonesia and Malaysia produce nearly 90 percent of global palm oil. Click here to read full stories.

Oct 19 - Geneva-based Grainbow sues Egypt's state buyer GASC for $1.2 mln 

Geneva-based grain trading firm Grainbow has filed a case in an Egyptian administrative court against Egypt's state grain buyer GASC in relation to a Russian wheat sale, sources close to the matter said on Wednesday. Ivan Vikoulov, managing partner at Gibraltar-based grain trader Quorum Capital Ltd, which cooperates closely with Grainbow, told Reuters the firm had filed the claim for $1.2 million in relation to the supply of Russian wheat to GASC which was made in early March. Click here to read full stories.

Oct 19 - Brazil's JBS shuts 7 plants after $230 mln asset freeze 

Brazilian meatpacker JBS SA shut down seven slaughterhouses in Mato Grosso do Sul after a court-ordered asset freeze affected its operations in Brazil's second largest cattle-producing state, a press representative said on Wednesday. The world's largest meatpacking company said in an emailed statement that the plants would stay closed until the matter is resolved. Click here to read full stories.

Oct 19 - Trump 'committed' to U.S. renewable fuels - Iowa governor 

U.S. President Donald Trump sought to ease concerns on Wednesday that his administration would make major alterations to biofuels policy, telling Iowa's governor he was committed to a decade-old biofuels program even as a top official considers changing it. U.S. law requires fuel companies to add biofuels like ethanol to the country's fuel supply through the 'renewable fuel standard', adopted in 2005. The Trump administration is considering lowering the mandatory level, a worry for corn-growing states like Iowa. Click here to read full stories.

Oct 19 - Not so fast: France's Macron and his farmers get trade onto "full" EU agenda 

French President Emmanuel Macron has succeeded in pushing trade onto the agenda of the European Union summit which starts on Thursday, calling for caution in commercial deals that would bring a surge of beef and other agricultural imports. Macron said last week that France was in no hurry to a deal with the Mercosur bloc of Argentina, Brazil, Uruguay and Paraguay by the end of the year, a goal the European Commission has set, noting that the mandate dates back to 1999. Click here to read full stories.

Oct 19 - Asian Palm Oil Remains Rangebound (Dow Jones)
Asian palm oil prices are slightly lower in early trade, but trading remains rangebound as the market looks for new drivers. Focus now turns to Malaysia palm oil export estimates for the first 20 days of October, on whether exports continue to hold up. However, key will be data following the end of the Indian Divali festival this week as the holiday has been seen as a driver of demand. The Bursa Malaysia benchmark palm oil contract is currently trading down 10 ringgit a ton at MYR2,731 a ton.

Oct 19 - NZD Soft on Soured Milk Outlook, Political Risk (Dow Jones)
The NZD has been tracking modestly weaker over the past 24 hours. It touched a low of 0.7120 in New York. Two factors are likely in play, says BNZ. A soft GDT dairy auction Tuesday triggered a couple of forecast reductions to Fonterra's milk payout for the current season. BNZ reduced its projection to $6.30 from $6.75. The makings of soft dairy pricing continuing over coming months are there, BNZ adds. The currency market is also nervous ahead of a possible announcement of the formation of a new government.

Oct 18 - Malaysian Cash Market Prices for Palm Oil Unavailable
Data for Indonesian and Malaysian cash market prices for palm oil are unavailable due to a holiday.

Oct 18 - Inspection battle threatens Egypt's wheat supply 

Wheat shipments to Egypt, the world's largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin. Those trips, funded by exporters, have been cancelled as part of Egypt's efforts to streamline imports worth more than $1 billion a year. Traders say the new system has backfired as inspectors are now rejecting cargoes at Egyptian ports on arbitrary and unpredictable grounds. Click here to read full stories.

Oct 18 - Slow wheat planting pace in Kansas could signal acreage shifts - Braun 

Planting of the 2018/19 U.S. winter wheat crop is off to what could be the slowest start in history. But the most jarring delays reside in top-grower Kansas, bringing the intended acreage – and thus production potential – under scrutiny. The lag in Kansas is so severe relative to history that it seems impossible for there not to be an additional explanation aside from the common planting headaches, which are usually related to weather. Click here to read full stories.

Oct 18 - U.S. Wheat Associates to close its Cairo, Egypt office 

U.S. Wheat Associates, a trade group that promotes U.S. exports, is closing its office in Egypt after about 40 years, a spokesman said on Tuesday, reflecting the loss of market share for U.S wheat in the country. Egypt is the world's biggest wheat importer and has turned to Russia and other suppliers in the Black Sea region. Russian wheat production has soared in recent years, and higher freight costs by about $17 a tonne have made U.S. wheat less competitive compared to Russian supplies. Click here to read full stories.

Oct 18 - Brazil hails WTO decision in chicken case against Indonesia 

Brazil said it may renew chicken exports to Indonesia as early as 2018 after a World Trade Organization (WTO) panel ruled on Tuesday that the Southeast Asian country's restrictions on such imports from the South American nation were unjustified. "We understand the decision will allow the elimination of the barriers," Carlos Cozendey, economic affairs undersecretary at Brazil's foreign ministry, told a press conference. Click here to read full stories.

Oct 18 - France's InVivo launches digital grain export platform 

French cooperative group InVivo has launched a digital export platform allowing it to gather wheat and feed barley offers promptly from its members to meet international demand, reducing price volatility risk. Difficult market conditions in recent years, amplified by an exceptionally poor French crop in 2016, had led InVivo, one of Europe's largest grain exporters, to cut back its trading team by more than a third.  Click here to read full stories.

Oct 18 - Chinese soy prices fall as acreage, imports rise, may hurt effort to cut corn – ministry

Chinese soybean farmers may earn less this year than last year if prices of the oilseed keep falling, said an agriculture ministry official on Tuesday, and that may threaten the nation's efforts to promote soy production instead of corn. Chinese soybean prices started at a low level this year and have dropped rapidly since harvest began in September, pressured by higher domestic output and large volumes of imports, said Tang Ke, director of the market and economic information department at the agriculture ministry. Click here to read full stories.

Oct 18 - India's Andhra Pradesh investigates planting of Monsanto's unapproved GM cotton 

One of India's biggest cotton-growing states has formed a panel to investigate how 15 percent of the state's cotton acreage has been planted with a non-approved genetically modified strain developed by Monsanto and may bring criminal charges. The three-member panel will investigate the usage of Monsanto's Bollgard II Roundup Ready Flex (RRF) in the southern Indian state of Andhra Pradesh and alert the federal government about any violation of the country's environmental protection laws, according to a copy of the state government order dated Oct. 17 and reviewed by Reuters. Click here to read full stories.

Oct 18 - Dairy Prices Fall Could Be Due to Demand Side Weakness (Dow Jones)
The fall in dairy prices in the Global Dairy Trade auction may be the result of demand side weakness as this is the second time we have seen overall dairy prices fall, says Westpac Bank in a note; "While we were anticipating a pullback in prices this year, the actual outcome of auctions have been softer than expected." Westpac notes that China remains key as a market for New Zealand dairy production and therefore "the outcome of the National Congress will provide color around the size of influence economic reforms may have on Chinese demand for dairy products going into 2018."

Oct 18 - Fall in Dairy Auction Prices Surprise Given Wet Weather (ASB Bank)
Fall in prices in the Global Dairy Trade auction was a surprise given wet weather is curtailing milk production in the world's largest exporter, New Zealand, says ASB Bank in a note; "We suspect that recent price weakness relates to the seasonal peak in auction volumes. In addition, Fonterra's recent increases to auction volumes, which go against the grain of the change in production outlook may also be a factor." However it notes that these factors are temporary and weaker supply fundamentals will dominate over a longer period sending prices higher by year end. The Global Dairy Trade index ended down 1%.

Oct 18 - NZD Soft as Dairy Dips; Political Risk Elevated (C.B.A)
NZD/USD is slightly lower after whole milk powder prices decreased by 0.5% at the regular dairy auction. By contrast, dairy futures indicated whole milk powder prices would rise by between 2% and 4%, says CBA. New Zealand First still hasn't announced which party (Labour or National) it will support for New Zealand's next government, maintaining an element of political risk around the currency. According to media reports, New Zealand First leader Winston Peters said a decision will be made by the end of the week, CBA adds.

Oct 17 - Asian Palm Oil Prices End Down, Remains in Range (Dow Jones)
Asian palm oil prices ended the session lower, though the commodity continues to trade in its recent range. The market continues to be focused on broader oilseed supply and whether this tightens over the coming months. Data released Monday estimate that Malaysia palm oil exports remain strong in the first half of the month. Bursa Malaysia benchmark palm oil prices are down 21 ringgit at MYR2,741 a ton at the close.

Oct 17 - USDA forecast puts U.S. soybeans in uncharted territory - Braun 

Just when analysts thought they had figured out the pattern in the U.S. Department of Agriculture's U.S. soybean forecasts, the agency’s latest estimate broke form and created even more uncertainty in the market. In its monthly U.S. crop production report on Thursday, USDA increased harvested area of the oilseed by 740,000 acres but lowered the yield by 0.4 bushels to 49.5 bushels per acre.  Click here to read full stories.

Oct 17 - NOPA September crush below expectations at 136.4 mln bushels

The U.S. soybean processing pace in September fell short of trade expectations but was the highest total for the month in 10 years, the National Oilseed Processors Association said on Monday. NOPA said that its members crushed 136.419 million bushels of soybeans in September, down from 142.424 million bushels in August. The September crush last year was 130.235 million bushels. Click here to read full stories.

Oct 17 - Brazil's JBS withdraws plan for U.S. processed food unit IPO 

JBS SA has pulled a planned $500 million U.S. initial public offering of processed food subsidiary JBS Foods International BV, almost six months after a spree of corruption and food safety scandals in Brazil hurt investor demand for the deal. In a Friday filing with the U.S. Securities and Exchange Commission, JBS Foods International requested a withdrawal of the IPO. While neither company gave a new timetable for the IPO, JBS said in a statement to Reuters that a U.S. listing of JBS Foods "is the best way possible to maximize shareholder value." Click here to read full stories.

Oct 17 - Russian wheat export prices fall, tracking global benchmarks 

Russian wheat export prices fell in quiet trade last week as global wheat benchmarks in Chicago and Paris declined on expectations of large crops in the main producing regions, including Russia, analysts said on Monday. Russia, one of the world's largest wheat exporters, is expected to harvest a record grain crop this year. As of Oct. 12, farmers had harvested 130.3 million tonnes of grain, before drying and cleaning, from 93 percent of the total area. Click here to read full stories.

Oct 17 - France seeks food safety inclusion in EU-Mercosur deal: envoy 

France will propose changing the European Commission's mandate to negotiate a trade deal with South America's Mercosur bloc to include food safety provisions, its envoy to Brazil said on Monday. French ambassador Michel Miraillet said there was heightened concern in the European Union over food safety after a series of recent scandals, including the bribing of inspectors by meatpackers in Brazil to overlook sanitary practices. Click here to read full stories.

Oct 17 - U.S. wants end to Canada protection for dairy sector - source 

U.S. negotiators at talks to update the North American Free Trade Agreement want Canada to dismantle its system of protections for the dairy and poultry sectors, a move Ottawa will reject, a source briefed on the matter said on Monday. The proposal is the latest in a string of hard line demands from the U.S. side that are increasingly fueling doubts as to whether the Trump administration wants NAFTA to collapse. Click here to read full stories.

Oct 17 - U.S. wheat offered lowest in Iraq's purchase tender 

The lowest price offer submitted in the tender from Iraq's state grains board to buy at least 50,000 tonnes of hard wheat was $299 a tonne c&f for wheat to be sourced from the United States, European traders said on Monday. The wheat in the tender which closed on Monday can be sourced only from the United States, Canada or Australia. Click here to read full stories.

Oct 17 - Asian Palm Oil Prices Tad Lower on Moves in Oilseed Prices (Dow Jones)
Asian palm oil prices have fallen slightly in early trade following a slight softening in soybean prices in Chicago overnight. Palm oil prices remain around historically-high levels due to concerns about supply of not just palm oil in the market but a tightening in supply of substitutes such as soyoil. The Bursa Malaysia benchmark palm oil contract is currently trading down 4 ringgit a ton at MYR2,757 a ton.

Oct 17 - Sarawak Oil Palms Keeps Allure With Fresh Fruit Bunch Growth (Dow Jones)
Malaysia's Sarawak Oil Palms still looks an attractive buy given expectations of continued double-digit growth in fresh fruit bunch products in 2018 and 2019 that could offset lower crude palm oil prices next year, says RHB Research. The broker maintains its buy rating and raises its target price on Sarawak Oil Palms to MYR4.70 from MYR4.20 previously. The stock last traded at MYR4.18. It has climbed 13.6% so far this year.

Oct 17 - Whole-Milk Powder Rallies Ahead of Dairy Auction (Dow Jones)
NZX whole-milk-powder futures have a bright start to the trading day, with solid gains ahead of the Global Dairy Trade auction. But CBA notes that futures, an indicator for the auction, are largely in line with levels set in the previous sale after falling the past 2 weeks. The NZX 3-month whole-milk-powder contract is up 2% at US$3,100/metric ton.

Oct 16 - U.S. experts doubt EPA curbs on Monsanto, BASF herbicides will halt crop damage 

U.S. weed specialists doubted on Friday that new federal restrictions on the use of a controversial weed killer, sold by Monsanto Co and BASF, will prevent recurrences next year of crop damage linked to the chemical. The impact of the rules limiting sprayings of dicamba herbicides, announced by the U.S. Environmental Protection Agency (EPA), may affect Monsanto's biggest-ever biotech seed launch - soybeans engineered to resist the chemical. Click here to read full stories.

Oct 16 - Funds dial back bearish grains stance after USDA report -Braun 

Large global inventories and the lack of a bullish story have recently caused money managers to be generally bearish toward CBOT grains and oilseeds. In the week ended Oct. 10, funds hit their largest collective short position since June. But those stances have been shaken up in the days since, especially with soybeans, as the U.S. Department of Agriculture revealed some relatively surprising numbers for the U.S. corn and soybean crops. Click here to read full stories.

Oct 16 - BASF to harvest seeds, herbicide businesses from Bayer for $7 bln 

BASF has agreed to buy seed and herbicide businesses from Bayer for 5.9 billion euros ($7 billion) in cash, as Bayer tries to convince competition authorities to approve its planned acquisition of Monsanto. BASF, the world's third-largest maker of crop chemicals, has so far avoided seed assets and instead pursued research into plant characteristics such as drought tolerance, which it sells or licenses out to seed developers. Click here to read full stories.

Oct 16 - Bunge shares jump after WSJ reports Glencore standstill agreement 

Shares of U.S. commodities trader Bunge Ltd surged on Friday after the Wall Street Journal reported that Glencore PLC had a standstill agreement that temporarily prevents the Swiss company from making a hostile bid for Bunge. Bunge had rebuffed a takeover approach by Glencore in May.  Click here to read full stories.

Oct 16 - Indian state revokes order to check planting of Monsanto GM cotton 

A leading Indian cotton producing-state has withdrawn an order asking government officials to inspect fields planted with an unapproved variety of genetically modified (GM) cotton developed by Monsanto Co, the world's No. 1 seed maker. Farmers in Andhra Pradesh have planted 15 percent of the cotton area in the state with Bollgard II Roundup Ready Flex (RRF), prompting the local government on Oct. 5 to form a panel of officials to inspect the fields of farmers growing RRF.  Click here to read full stories.

Oct 16 - U.S. makes NAFTA dairy proposal, eyes action on milk row - sources 

U.S. negotiators at talks to renew the North American Free Trade Agreement on Friday formally asked Canada to address a bilateral dispute over dairy pricing, a request the Canadians are set to resist, sources familiar with the talks said. U.S. dairy producers are unhappy that Canadian farmers this year started selling milk proteins to domestic processors at a discount, curbing the flow of American imports. U.S. officials say Canadian farmers are overproducing milk, contributing to depressed world prices. Click here to read full stories.

Oct 16 - Mercosur wants bigger share of EU beef market in trade deal - Argentine group 

One of Argentina's biggest farm groups said Friday that South America's Mercosur should be able to export 400,000 tonnes of beef a year to the European Union under a free-trade deal the two blocs are negotiating - more than five times the EU's offer. Luis Etchevehere, the head of the Argentine Rural Society (SRA), called the EU's proposal to lower tariffs on 70,000 tonnes of beef per year from Mercosur nations as "absurdly insufficient." Click here to read full stories.

Oct 16 - Egypt's agricultural exports rose 13.9 pct in first 9 months of 2017 

Egypt's agricultural exports rose 13.9 percent during the first nine months of 2017, reaching 4.1 million tonnes compared to 3.6 million last year, agriculture ministry spokesman Hamid Abdel Dayim said on Sunday. Egypt's agricultural exporters have seen a surge in demand since the country floated its currency last November, allowing it to roughly halve in value as part of reforms tied to a three-year $12 billion International Monetary Fund loan agreement. Click here to read full stories.

Oct 16 - Asian CPO Prices Tad Up Supported by Broader Oilseed Prices (Dow Jones)
Asia palm oil prices are a touch higher in early trading as strength in the oilseed complex continues to support palm oil prices. The market will likely takes some cues from the release of Malaysia palm oil export estimates for the first half of October that are due out later in the session. The Bursa Malaysia benchmark palm oil contract is currently trading up 4 ringgit a ton at 2761 ringgit a ton.

Oct 16 - China's Soybean Imports to Keep Expanding on Crush Margins (Dow Jones)
China's soybean imports will likely continue to grow as the margins for crushing soybeans to create oil and meal are solid, says Capital Economics. The U.S. Department of Agriculture's decision to revise up its 2017/18 soybean crush forecasts last week backs this view, CE says. Last week, Chinese trade data for September showed that imports of soybeans fell slightly from August but were still up by 13% on the prior year.

Oct 16 - New Zealand's Small Lamb Crop to Push Prices Higher (Dow Jones)
Lamb prices in New Zealand, the world's largest exporter, are likely to remain elevated due to a smaller lamb crop from last year, and are headed for the second highest level on record, says ASB Bank in a note. "Of course other factors such as the weather and the level of the NZD may change this outlook. But at this juncture, we expect lamb prices to remain health over 2017/18." Farm body Beef and Lamb NZ expect the number of lambs born in New Zealand fell 1.9% in the year that ended May 31.

Oct 13 - China September soybean imports soar 13 pct, top forecasts

China, the world's top soybean buyer, imported 8.1 million tonnes of the oilseed in September, up 12.7 percent on a year ago, after crushers saw margins improve over the summer and anticipated healthy demand for soymeal from hog farms. The September arrivals, released by China's General Administration of Customs, beat market forecasts of around 7 million tonnes, boosted by faster-than-expected loading of beans in South America, analysts said. Click here to read full stories.

Oct 13 - Pace of U.S. corn, soybean harvests casts doubt on USDA crop views

An unusually slow start to U.S. corn and soybean harvests has raised questions about the accuracy of the government's production forecasts issued on Thursday and some traders made big bets the crop size will be substantially smaller when all fields are cut. The U.S. Agriculture Department's October production report, the first to include yield data from major production areas, was calculated with the pace of harvest for both corn and soybeans at a three-year low. That cut the amount of actual yield data. Click here to read full stories.

Oct 13 - Algeria's 2017 grain output at 3.5 mln T vs 3.4 mln T in 2016 - official

Algeria's grain output for the 2017 season reached 3.5 million tonnes, slightly up from last year's 3.4 million tonnes, a senior official at the agriculture ministry told Reuters on Thursday. Algeria, one of the world's largest grain importers, has been trying to boost domestic production and cut purchases from abroad in a bid to ease financial pressure caused by a sharp fall in energy earnings, the main source of state finances. Click here to read full stories.

Oct 13 - UK rapeseed crop up by 23 percent - ministry

Britain's rapeseed crop was 23 percent bigger this year at 2.18 million tonnes due to a sharp rise in yields, the country's farm ministry said on Thursday. Rapeseed yields increased by 26.5 percent to 3.9 tonnes per hectares while the crop area was 2.8 percent lower at 563,000 hectares, the ministry said in a report. Click here to read full stories.

Oct 13 - U.S. weather forecaster pegs La Niña chances at 55-65 pct

Conditions are favoring the likelihood of the La Niña weather pattern, which can cause floods and droughts, during the Northern Hemisphere's fall and winter, a U.S. government weather forecaster said on Thursday. The National Weather Service's Climate Prediction Center said in a monthly forecast that the chances of La Niña were at 55 percent to 65 percent. Click here to read full stories.

Oct 13 - Tunisia buys soft wheat, durum, feed barley in tender

Tunisia's state grains agency purchased about 50,000 tonnes of soft milling wheat, 75,000 tonnes of durum wheat and 50,000 tonnes of feed barley in an international tender which closed on Thursday, European traders said. The grains can all be sourced from optional origins. Click here to read full stories.

Oct 13 - Asian Palm-Oil Prices Pull Back (Dow Jones)
Asian palm-oil prices are lower in early trading, undoing yesterday's gains. Prices have been range-bound this month as the impact of increased supplies have been largely offset by price gains in other oilseeds. Soybeans rose sharply overnight as the USDA reduced its future estimates for both US and global inventories. The Bursa Malaysia benchmark contract is down 0.6% at MYR2,694/ton.

Oct 13 - China to Significantly Boost Corn Consumption for Ethanol Production (Dow Jones)
China estimates that the country's corn consumption will increase dramatically in the year through September 30, 2018, mainly due to the expansion of bio-fuel ethanol production in China, helping to reduce the country's corn stockpile, according to the Ministry of Agriculture. China doesn't release data on its stockpiles, but the ministry forecasts that the country will use 4.3 million metric tons more corn next year than the country will produce or import. It estimates that corn imports will fall to 1.5 million tons from 2.3 million tons a year earlier.

Oct 12 - Asian CPO Ends Higher on Robust Demand, Investor Optimism (Dow Jones)
Malaysian palm oil futures continue to gain supported by rival soy oil prices. Firmer export demand for palm oil, particularly from China and India this month, has kept the market sentiment upbeat, traders say. But there are nagging concerns that a rise in production could pressure prices. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange ended up MYR14 at MYR2,710/ton ($642).

Oct 12 - Asian Palm Oil Prices Tad Higher, Likely on Bargain Hunting (Dow Jones)
Asian palm oil prices are slightly higher Thursday, likely due to bargain hunting in the market. However, moves higher are likely to be somewhat capped by September data that shows that palm oil inventories are continuing to accumulate in Malaysia, limiting concerns about tightness in the market. The Bursa Malaysia benchmark palm oil contract is currently trading up 11 ringgit at MYR2,707 a ton.

Oct 12 - China's Pork-Farm Closures Weighing (Dow Jones)
China's environmental push to close down hog farms to reduce pollution is pushing down prices and reducing import demand, says Chenjun Pan at Rabobank. She notes summer closures have resulted in more pigs being slaughtered, increasing domestic meat supplies. But falling sow numbers indicate supplies might tighten in 6 months. "The pork market is always very volatile...but this time the volatility is more serious," says Pan.

Oct 12 - China raises forecast for 2017/18 corn deficit on robust demand

China on Thursday increased the forecast for its deficit in corn supply in the 2017/18 crop year to 4.31 million tonnes from the 890,000 tonnes predicted last month, stoked by lower-than expected output and higher anticipated demand. Corn output is expected to drop to 210.1 million tonnes versus last month's forecast of 212.48 million tonnes, the agriculture ministry said, adding that less land had been planted with corn than earlier thought following reduced government support. Click here to read full stories.

Oct 12 - Monsanto settles GM cotton dispute with three Indian seed firms

Three leading Indian cotton seed makers have settled an intellectual property dispute with Monsanto Co over its genetically modified (GM) seed technology, partly ending a legal tussle that has drawn in the Indian and U.S. governments. Ajeet Seeds, Kaveri Seed Co Ltd and Ankur Seeds were among six Indian companies that delayed payments to Monsanto, demanding a cut in royalties they paid to the U.S. firm to licence its technology. Click here to read full stories.

Oct 12 - What to look for in USDA data beyond U.S. corn, soy crops - Braun

Whenever the U.S. Department of Agriculture updates supply and demand outlooks, adjustments to U.S. corn and soybean production typically steal the spotlight from other items on the global balance sheets at this time of year. But since the market expects marginal changes to these usual favorites, elements outside the United States – particularly in wheat – may be the ones moving the world balance sheets this month. Click here to read full stories.

Oct 12 - Dow to sell GMO soy seed under tight U.S. controls, awaiting China approval

Dow AgroSciences will launch a genetically engineered soybean seed that has been barred by major importers under tight controls in the United States next year, the company said Wednesday, as it seeks to avoid roiling global trade while making sales to farmers. Archer Daniels Midland Co, one of the world's largest grain companies, will oversee the handling of the harvests to keep them out of Europe and China, which have not yet approved imports of the soybeans. Click here to read full stories.

Oct 12 - CME Group declares victory over cattle market volatility

CME Group Inc plans no further moves to reduce volatility in its cattle futures market, after making a series of changes to rein in wild price swings that drove away hedgers, a managing director said on Wednesday. Over the past two years, the exchange operator, which owns the Chicago Mercantile Exchange and other markets, has cut trading hours, implemented new rules on order messaging and taken other steps to limit volatility in its cattle market. Click here to read full stories.

Oct 12 - La Niña transition to help flooded Argentina crop fields but hurt yields

Declining precipitation in Argentina due to a transition toward the La Niña climate phenomenon will relieve flooded crop fields in the coming months, but drier conditions could harm soybean and corn yields, meteorologists told Reuters.Nearly 1 million hectares (2.5 million acres) of Argentina's vast Pampas grains belt are affected by excess water after above-average rainfall spurred by the El Niño climate phenomenon, a warming of ocean surface temperatures in the eastern and central Pacific Ocean. Click here to read full stories.

Oct 12 - EU pesticide debate needs more "independent expertise" - Macron

France and the European Union need independent scientific experts to guide them on divisive environmental issues such as pesticides, French President Emmanuel Macron said, criticising some research as prone to lobbying pressures. The EU has struggled to find a consensus on farming questions such as pesticides and genetically modified crops, and is still debating whether to extend the licence of popular weedkiller glyphosate.  Click here to read full stories.

Oct 12 - French wheat stocks forecast cut on EU trade, slow farmer selling

France's farming agency lowered its outlook for soft wheat stocks at the end of the season, pointing to healthy demand from other European Union countries and a slowdown in crop sales by farmers. In a monthly supply and demand update on Wednesday, FranceAgriMer pegged soft wheat stocks at the end of the 2017/18 season in June at 3.2 million tonnes, down from 3.4 million estimated previously. Click here to read full stories.

Oct 12 - Bangladesh approves purchase of rice from Myanmar

Bangladesh approved on Wednesday the purchase of 100,000 tonnes of white rice from Myanmar, putting aside worsening relations over the Rohingya refugee crisis, as the government seeks to address a shortage of the staple. Traditionally the world's fourth-biggest rice producer, Bangladesh has emerged as a major importer of the grain this year after floods damaged its crops and sent domestic prices to record highs. Click here to read full stories.

Oct 11 - Asian CPO Ends Tad Higher on Improved Export Demand (Dow Jones)
Malaysian palm oil futures swung between losses and gains to end marginally higher Wednesday, supported by strong demand from top-buyers China and India. But persistent worries of higher production and mounting inventories of the tropical oil will continue to pressure near-term prices, traders say. Prices will trade between MYR2,650/ton and MYR2,750/ton, says David Ng of Philip Futures in Kuala Lumpur. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange ended up MYR1 at MYR2,695/ton ($638).

Oct 11 - Cargill expands food starch line-up in 'clean label' push

Global commodities trader Cargill Inc said on Tuesday it will increase its offerings of starch product options, seeking to capture rising demand for simpler ingredients and to meet changing consumer tastes. The Minneapolis-based agribusiness will now sell new "native starches" produced from plants such as corn and wheat, as an alternative to more processed starch derivatives used to bulk up food products such as pasta sauce. Click here to read full stories.

Oct 11 - Beef up: rains cut distressed sales of Australian cattle, drive prices higher

Australian beef prices are rising for the first time in five months as rains across key livestock-producing regions bring relief to farmers, ending months of distressed sales of animals following one of the worst droughts in decades. Parched areas of New South Wales and Queensland, the country's key cattle-raising states, have seen widespread rains over the past week, analysts and the official weather forecaster said, with more showers expected. Click here to read full stories.

Oct 11 - How a businessman struck a deal with Islamic State to help Assad feed Syrians

While Syrian President Bashar al-Assad was accusing the West of turning a blind eye to Islamic State smuggling, a member of his parliament was quietly doing business with the group, farmers and administrators in the militants' former stronghold said. The arrangement helped the Syrian government to feed areas still under its control after Islamic State took over the northeastern wheat-growing region during the six-year-old civil war, they said. Click here to read full stories.

Oct 11 - Brazil's 2017/18 grain output may drop due to weather - Conab

Brazilian farmers will likely produce a smaller amount of corn and soy in the 2017/18 season due to less favorable weather than the prior crop year, food supply and statistics agency Conab said on Tuesday. In its first forecast for the 2017/18 crop, Conab estimated Brazilian grain production at between 224.1 million tonnes and 228.2 million tonnes, compared with 238.5 million tonnes in the prior cycle. The lower end of the range would represent a 6 percent drop in output. Click here to read full stories.

Oct 11 - ADM expanding output of GMO-free soymeal in Germany

U.S. agribusiness group Archer Daniels Midland Co. said it will make further investments to produce more high-protein soymeal free of genetically-modified organisms (GMOs) at its Straubing crushing plant in Germany. "The decision to invest in the production of non-GMO high-protein soybean meal is a logical step after the successful implementation of non-GMO soybean processing at the site in May 2016," said Jon Turney, general manager, European soybean crush at ADM in a statement. Click here to read full stories.

Oct 11 - France raises maize crop estimates on good yields

France's farm ministry raised its forecasts for the country's 2017 sugar beet and maize harvests, saying dry and hot spells this year appeared to have had a limited impact on yields. Sugar beet production is now seen at 41.9 million tonnes, up from 40.5 million estimated last month and 21 percent above last year, the ministry said in a crop report published on Tuesday. Click here to read full stories.

Oct 11 - Turkey requires approvals for some Russian agricultural imports - minister

Turkey has imposed a requirement that some agricultural imports from Russia get the approval of the Turkish authorities, with effect from Oct. 9, Customs Minister Bulent Tufenkci said on Tuesday. Describing the move as a reciprocal measure, Tufenkci said at a ceremony in Ankara that approvals would be sought for nine products including corn, common wheat, durum wheat, sunflower oil and pulp, paddy rice and dried peas. Click here to read full stories.

Oct 11 - U.S. top court lets Conagra cooking oil class action proceed

The U.S. Supreme Court on Tuesday refused to hear a bid by Conagra Brands Inc to escape a class-action lawsuit accusing it of falsely labeling its cooking oil as 100 percent natural even though it had genetically modified ingredients. Conagra had asked to the justices to hear its appeal of a lower court ruling allowing the suit to proceed despite difficulties in determining who should be included and excluded in the litigation, a problem often encountered in disputes over low-cost products. Click here to read full stories.

Oct 11 - Brazil police say JBS owners "profited" from inside information

Brazil's police investigation into insider trading by the owners of the world's largest meatpacker JBS SA has found that they made a profit by taking financial positions before details of their plea bargain deal with prosecutors became public, the head of the probe said on Tuesday. Police chief Edson Garutti, told Globo News that brothers Joesley and Wesley Batista knew they had information that would impact the market and profited with trades with stocks and foreign currency before details of the plea deal and leniency agreement for the company were made public, on May 17. Click here to read full stories.

Oct 11 - Asian CPO Likely Under Pressure as Weaker Demand, Rising Output (Dow Jones)
Weaker demand post the festive seasons and rising output and inventory levels are expected to weigh on the CPO price outlook, says Nomura analyst June Ng. She adds that prices have already started to fall due to rising inventory levels and recent increase in import duties. Ng says she sees CPO prices trading around 2,650 ringgit a metric ton in 2018. The Bursa Malaysia benchmark palm oil contract closed down 41 ringgit a ton Tuesday at MYR2,694 a ton.

Oct 11 - Rice Output, Stockpiles Seen Falling in India (Dow Jones)
India's current-season rice production is expected to be 2.4% lower from a year earlier on reduced plantings and lower yields due to prolonged dry conditions and floods during critical stages in some rice-growing states, the USDA says. It predicts the output drop resulting in inventories for the world's largest rice producer falling 10%.

Oct 10 - Adecoagro spies opportunity in U.S.-Mexico trade tensions

Adecoagro SA sees a long-term opportunity in the Trump administration's call for a renegotiation of NAFTA, spying a chance for corn, rice and other crops it produces in Argentina and Brazil to find a market in Mexico, its CEO said. Farming and agricultural processing firm Adecoagro has shipped cargoes of corn and rice to Mexico from South America in the past few months, Chief Executive Officer Mariano Bosch said to Reuters on Monday, in an interview during the Reuters Global Commodities Summit. Click here to read full stories.

Oct 10 - Funds dump bullish soyoil bets, CBOT oilshare long plunges -Braun 

Money managers sold Chicago-traded soybean oil futures and options at a record clip in the week ended Oct. 3, according to data from the U.S. Commodity Futures Trading Commission. This produced the largest-ever weekly shift in speculator sentiment in the CBOT oilshare, which represents soyoil’s share of value in soybean products.  Click here to read full stories.

Oct 10 - Philadelphia-area refiners urge Trump to reform biofuels program

Oil refinery workers, executives and local politicians gathered near Philadelphia on Monday to urge the White House revamp the nation's renewable fuels program, arguing the future of their plants are at stake. The U.S. renewable fuel program requires higher levels of ethanol and other biofuels to be blended into the nation's fuel pool, a requirement pitting the oil industry against the powerful farm lobby. Click here to read full stories.

Oct 10 - Egypt's GASC seeks wheat for Nov. 20-30 shipment

Egypt's General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers for shipment from Nov. 20-30. GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary and Paraguay. Click here to read full stories.

Oct 10 - Strong demand spurs Russian wheat and barley prices

Russian wheat and barley export prices rose last week amid strong demand from buyers including Egypt and Saudi Arabia, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content and October delivery were at $193 a tonne on a free-on-board (FOB) basis at the end of last week, up $2 from a week earlier, agriculture consultancy IKAR said. Click here to read full stories.

Oct 10 - Dry weather slows Brazil soy planting; rain expected next week - forecaster

The absence of regular rains in the Mid-West and Southeast of Brazil will hamper soy planting this week but moisture will return to states like Mato Grosso over the coming days, according to a forecast by Rural Clima on Monday. Soy farmers will need "patience" and should proceed "with caution" as irregular rains prevail, said Marco Antonio dos Santos, founder of Rural Clima. Rains should return at the end of this week and next week. Click here to read full stories.

Oct 10 - K+S shares sink as salt firm's shake-up turns sour

German minerals company K+S plans to combine its salt and potash businesses to make savings and target customers more effectively, it said on Monday, disappointing investors hoping for a more far-reaching overhaul. Shares in the world's biggest salt producer and No.5 seller of potash fell as much as 7 percent after it also delayed by a year to 2019 a goal to return to positive free cash flow. Click here to read full stories.

Oct 10 - Asia Biodiesel Outlook Positive as Palm Oil Prices Fall (Dow Jones)
Outlook for biodiesel production in 2017 is positive for Indonesia and Malaysia as palm oil prices decrease, boosting competitiveness of biofuels relative to fossil fuels, says BMI Research in a note; "Both countries maintain ambitious blending targets in the long term, but we continue to believe biodiesel production will provide modest support to palm oil consumption and therefore to prices in 2017 and beyond." It adds that Indonesia has kept an aggressive policy to support biodiesel production over recent years while the government remains committed to implementing the long-awaited B10 (10% biodiesel in all fuels) mandate in 2017.

Oct 10 - Indonesia Palm-Oil Supplies Ticked Down in August (Dow Jones)
Indonesia palm-oil supplies fell slightly in August due to a 20% jump in exports and 14% higher domestic consumption, says the Indonesian Palm Oil Association. Up later Tuesday is Malaysia Palm Oil Board data; investors will look for whether supplies there rose in September.

Oct 09 - Asian CPO Ends Tad up on Investor Optimism of Lower Production (Dow Jones)
Asian crude palm oil price futures ended higher Monday, on expectations of a drop in production and lower inventories. "Investors are upbeat ahead of a crucial report to be released by the Malaysian Palm Oil Board on Wednesday," says a Kuala Lumpur-based trader. Gains in soy oil prices have also been price-supportive, he adds. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange was up 5 ringgit at the close at MYR2,735/ton.

Oct 09 - EU headed for mixed maize crop after scorching summer

The maize harvest under way in the European Union is set to bring sharply contrasting yields as some countries suffer losses from summer heatwaves and drought while others have benefited from rainfall or irrigation. The mixed prospects have led the European Commission to forecast overall EU grain maize production at about 59 million tonnes, about 1 million tonnes below last year and well short of the average crop over the past five years.  Click here to read full stories.

Oct 09 - Egypt orders sieving of halted French wheat shipment - prosecutor's document

Egypt's prosecutor ordered a French wheat cargo held for containing poppy seeds to be unloaded and sieved, a document from the prosecutor's office seen by Reuters showed on Saturday. A decision on whether to re-export the cargo will be made after it is sieved. Click here to read full stories.

Oct 09 - Indian state to inspect cultivation of Monsanto's unapproved GM cotton

A top Indian cotton-producing state has ordered an inspection of fields planted with an unapproved variety of genetically modified seeds developed by Monsanto, which is fighting to retain its market in the world's biggest grower of the fibre. Farmers in Andhra Pradesh have planted 15 percent of the cotton area in the state with Bollgard II Roundup Ready Flex (RRF), prompting the local government on Friday to form a panel of officials to "inspect the fields of farmers growing RRF". Click here to read full stories.

Oct 09 - Brazil, Argentina call EU trade offer to Mercosur disappointing

The European Union farm products offer presented this week during talks in Brasília on a trade deal with the Mercosur bloc was disappointing, negotiators for Brazil and Argentina said on Friday. Brazil's chief negotiator, Ambassador Ronaldo Costa Filho, said the European offer to allow 70,000 tonnes of beef and 600,000 tonnes of ethanol to enter the EU with lower tariffs was far from what Mercosur members were expecting and will make the goal of reaching a deal by December more difficult. Click here to read full stories.

Oct 09 - Brazil's 2017/18 soybean output seen at 109.98 mln T - Poll

Brazil's soybean output in the 2017/18 crop season is expected to reach 109.98 million tonnes according to an average of 10 estimates compiled by Reuters on Friday. In a previous poll in August, estimates indicated production at 110.60 million tonnes. Brazil's soybean planted area this season is seen at 34.77 million hectares, up from 34.70 million in the previous survey. Click here to read full stories.

Oct 09 - Asia Palm-Oil Prices Rise, Following Oilseeds (Dow Jones)
Asian palm-oil prices continue to erase late-September declines ahead of Wednesday's release of Malaysia Palm Oil Board data. Also helping is modest Friday gains in US oilseeds, a competing vegetable oil. Malaysian benchmark prices are up 0.3% at MYR2,744/ton.

Oct 09 - Thai Rice Prices Continue to Decline as Baht Falls (Dow Jones)
Thai rice prices are continuing to decline this week partly due to a weaker Thai baht against the dollar, says Capital Economics in a note. "However, there has been less appetite for Thai rice since the start of the year." It adds that domestic producers in Thailand have struggled to offload stocks as a sharp appreciation of the baht against the currencies of the main importing countries during 2017 has made Thai rice exports less competitive.

Oct 09 - Australian Wool Prices Poised to Add to Gains (Dow Jones)
Australian wool prices are just below August's record high and could rise further as supplies to the market are set to slow. Farm group Australia Wool Innovation notes the country is still suffering from extremely dry conditions, with virtually no rain falling in wool-growing districts the past week. It adds while production is expected to remain similar for the year ending June 30 as the prior year, more has already been sold. "It is inevitable that at some stage volumes hitting the market will dwindle, and that is likely to occur sooner rather than later." The Eastern Market Indicator, the global benchmark for wool prices, rose 2% last week to A 15.50/kilogram.

Oct 06 - Asian CPO Ends Stronger on Gains in Rival Oil (Dow Jones)
Malaysian palm oil futures swung between gains and losses to end Friday's trading session slightly higher, driven by strength in rival soy oil prices. Forecast of lower production and a drop in palm oil stocks is likely to support near-term prices, analysts say. Official data on production, exports and stocks are to be released next week. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange ended MYR12 higher at MYR2,732/ton. ($644.7)

Oct 06 - Informa boosts U.S. corn, soybean harvest outlook

Private analytics firm Informa Economics raised its forecasts for U.S. corn and soybean production on Thursday, trade sources said. Informa estimated the 2017 corn crop at 14.182 billion bushels, with an average yield of 170.5 bushels per acre. Soybean harvest was seen at 4.474 billion bushels, with an average yield of 50.0 bushels per acre. Click here to read full stories.

Oct 06 - AgroGeneration faces mixed crop year in Ukraine after summer drought 

French farm operator AgroGeneration said on Friday that summer drought in eastern Ukraine will affect its sunseed harvest and could push its production down this year despite a bumper wheat crop. The Paris-listed firm, which farms just over 100,000 hectares in Ukraine, has observed a "significant" hit to yields in sunseed already harvested in the east, Vice Chairman Pierre Danon said in an interview, declining to give a precise figure. Click here to read full stories.

Oct 06 - Big global crops capping CBOT price moves, volatility: Braun 

Chicago corn and soybean futures in 2017 have been confined to the smallest ranges during the U.S. growing season in over a decade as the world continues to bang out bumper crops with minimal interruption. Through Oct. 5, the seasonal ranges on benchmark contracts December corn and November soybeans are the smallest since 2003 and 2006, respectively. For corn, the price spread is the smallest in the era of the Renewable Fuel Standard or RFS, which beginning in 2007 gave U.S. corn a gateway to the fuel market in the form of ethanol. Click here to read full stories.

Oct 06 - EU raises 2017/18 wheat production, export estimates

The European Commission increased its monthly estimate of 2017/18 usable soft wheat production in the European Union by 1 million tonnes to 140.4 million tonnes. That compared with 133.7 million tonnes produced in 2016/17, the Commission said in a crop report released on Thursday. Click here to read full stories.

Oct 06 - EU set to delay vote on weed-killer glyphosate

Health experts from European Union countries are expected to discuss whether or not to extend the licence for herbicide glyphosate at a meeting starting on Thursday, but will only vote on the issue later this year. Europe has been debating for two years whether to allow the weed-killer, used in Monsanto's Roundup, with no clear majority of countries for or against a licence extension and concerns that it is carcinogenic. Click here to read full stories.

Oct 06 - Saudi Arabia's SALIC considers Russian grain investment

Saudi Arabia's SALIC is considering investing in a Russian grain producer owned by Russian conglomerate Sistema and members of the Louis-Dreyfus family, Sistema said on Thursday. Saudi Arabia began scaling back its domestic wheat-growing programme in 2008, planning to rely completely on imports by 2016 to save water. Click here to read full stories.

Oct 06 - Excessive moisture plagues half of Argentina wheat area - exchange

Half of Argentina's 5.4 million hectares (13 million acres) planted with wheat for the 2017/18 season are affected by excessively moist conditions, the Buenos Aires grains exchange said on Thursday. Heavy rains in producing regions last weekend added to abundant rains in recent months that have already reduced wheat planted area by 150,000 hectares, the exchange said. Click here to read full stories.

Oct 06 - Ukraine 2018 winter grain sowing 64 pct complete

Ukrainian farmers have sown 4.6 million hectares of winter grains, 64 percent of the expected 7.6 million hectares, the agriculture ministry said on Thursday. Farmers have sown 4.3 million hectares of winter wheat, 251,000 hectares of winter barley and 118,000 hectares of rye, the ministry said. Click here to read full stories.

Oct 06 - Zambia expects new outbreak of armyworms in 2017/2018 crop season

Zambia said it expects a new outbreak of armyworms in the 2017/18 crop season, after the maize-munching pests ravaged southern Africa earlier this year. Countries with confirmed outbreaks can face import bans on agricultural products because the armyworm is classified as a quarantine pest. Click here to read full stories.

Oct 06 - Asian CPO Lacking Direction as Trading Opens (Dow Jones)
Malaysian palm oil futures open Friday's trading session slightly lower, with the market lacking new trading directions. Investors will make fresh moves based on production data to be released by the Malaysian Palm Oil Board early next week. Traders have predicted a fall in palm oil production in Malaysia that might support near-term prices. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange is currently trading down MYR3 at MYR2,717/ton. It opened at MY2,710/ton.

Oct 05 - Brazil agency says Bayer-Monsanto tie-up can hurt competition, urges conditions

A unit of Brazil's competition regulator Cade has said Bayer AG's proposed takeover of Monsanto Co.could be detrimental to competition and urged conditions for Brazilian approval of the corporate tie-up, a document released on the agency's website shows. The Bayer-Monsanto transaction, announced in September 2016, would create the world's largest integrated pesticides and seeds company. Click here to read full stories.

Oct 05 - Brazil soy exports unfazed despite record U.S. campaign - Braun 

Brazilian farmers have been hesitant to sell their 2016/17 corn and soybeans over the past year, but that has not held the country back from already tallying record exports for both crops with a few months still left in the season. The soybean volumes reflect genuine growth in global demand for the oilseed, as the United States has also enjoyed a bountiful export campaign at the same time. Click here to read full stories.

Oct 05 - Monsanto 4th qtr profit up as corn, soy seed sales jump

U.S. seeds and agrochemicals company Monsanto Co which is being acquired by Bayer AG reported a quarterly profit on Wednesday, compared with a year-ago loss, as seed licensing deals in the typically low-revenue fourth quarter lifted sales. Monsanto shares were up slightly at $119.88 after earlier touching a more-than-two-year high. Sales of corn seeds and traits, Monsanto's biggest segment by revenue, rose nearly 16 percent while soybean seeds and traits sales climbed 22 percent in the quarter ended Aug. 31. Click here to read full stories.

Oct 05 - EU wine grape harvest seen at 36-year low due to frosts, heatwave

Heavy hailstorms and late frosts in spring and a hot, dry summer have damaged vineyards across Europe and are expected to result in the poorest wine grape harvest in 36 years, the EU's executive arm said on Wednesday. The European Commission said production of pressed juice, or must, in Spain was set to be down 16 percent from 2015/2016 volumes. In France it would be 17 percent lower and in Italy down by 21 percent. In some areas, such as Sicily, the reduction could be as much as 35 percent. Click here to read full stories.

Oct 05 - Brazil's Abiove sees 2018 soybean exports at 65 mln T

Brazil is expected to export a record 65 million tonnes of soybeans in 2018 although the country's overall output may fall, oilseeds industry group Abiove said on Wednesday in its second forecast for the season. Abiove estimated the nation's soybean output at 108.5 million tonnes in the 2017/18 season, down from 113.8 million tonnes in the prior crop cycle. Click here to read full stories.

Oct 05 - Asian CPO Opens Stronger on Hopes of Lower Palm Oil Production (Dow Jones)
Malaysian palm oil price futures open Thursday's trading session higher amid expectations of lower production. Investors will make their next move based on official data to be released by the Malaysian Palm Oil Board on production, exports and inventories for the month of September to be released early next week. "Lower production will likely lead to lower inventory levels, which in turn, will support prices," says David Ng of Philip Futures in Kuala Lumpur. He expects prices to remain between MYR2,700/ton and MYR2,800/ton. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange is currently trading up MYR26 at MYR2,741/ton. It opened at MYR 2,736/ton.

Oct 05 - Malaysia palm oil stocks seen rising to 19-month high 

Malaysian palm oil end-stocks likely reached the 2 million tonne mark in September, their highest since February 2016, a Reuters poll showed, with production forecast to come in at its strongest monthly level in nearly two years. Inventories at end-September are estimated to have risen 3.2 percent to 2 million tonnes from August, up for a third straight month, according to the median response of ten traders, planters and analysts surveyed by Reuters. 

Oct 04 - Asian CPO Ends Higher on Hopes of Drop in Palm Oil Stocks (Dow Jones)
Malaysian palm oil futures rose Wednesday, led by expectations of a drop in inventories amid improved demand. Palm oil shipments from Malaysia, the world's second-biggest producer of the tropical oil, jumped about 10% on month in Sept, according to data from cargo surveyors. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange last traded MYR34 higher at MYR2,717/ton ($643).

Oct 04 - India Farm Output Seen Healthy Despite Less Monsoon Rains (Dow Jones)
India's summer crop output will likely be healthy, despite the government's forecast of lower production under the impact of uneven rainfall, says Crisil in a report. "Regions that witnessed weak rains either enjoy a strong irrigation cover or are those that contribute less to production," the report said. However, the flip side to a good monsoon and a bumper crop is that prices for most foodgrains have fallen, and consequently reduced farmers' profits, it added. Monsoon rains, which concluded on Saturday, were 95% of the long-term average, compared with the Indian Meteorological Department's forecast of 98%. Prime Minister Narendra Modi's government has set a goal of making agriculture less reliant on monsoon rains.

Oct 04 - Ex-Louis Dreyfus traders to target Ukraine with new firm - sources

A group of senior European and Black Sea grain traders who left Louis Dreyfus at the end of August plan to launch a new firm targeting the Ukrainian market, three sources with knowledge of the matter said. The traders, including former Louis Dreyfus Global Head of Grains David Ohayon and former head of Ukraine Lamprakis Lazos, have not said what they would do after leaving the firm. Click here to read full stories.

Oct 04 - Going against the grain: why Russia was pessimistic over its record crop

A desire to support local grain prices has been a key factor in the rare situation of Russian officials being among the last in the global agriculture industry to say Russia's 2017 grain crop would hit a record, analysts and sources said. Some countries are routinely suspected of understating their commodities output in a bid to shore up prices for their producers, but Russia, one of the world's top wheat exporters, is usually keen to promote its agricultural achievements, reminding some market players of the five-year plans in the days of the Soviet Union. Click here to read full stories.

Oct 04 - China's U.S. soybean imports face delays as hurricanes hit crop quality

China's soybean imports from the United States are likely to be delayed by at least two weeks as suppliers struggle to find high-quality beans following crop damage from hurricanes, two trade sources with knowledge of the matter said. Shipment delays could result in tight supplies at the end of October and early November, they warned, driving up soymeal and soyoil prices in the world's biggest importer of soybeans. Click here to read full stories.

Oct 04 - EU negotiators present farm trade offers to Mercosur

European negotiators presented their farm trade offer to South America's Mercosur bloc on Tuesday as part of talks for a trade pact they hope to complete by the end of this year, officials from both sides said on Tuesday. Brazilian negotiator Ronaldo Costa Filho said in a forum with business leaders that the European offers for beef and ethanol imports have been made, clearing the way for negotiations on two key products that had been stumbling blocks.  Click here to read full stories.

Oct 04 - EU and Canada settle cattle battle at the WTO

The European Union and Canada have ended a 21-year dispute over hormone-treated meat after agreeing a wider trade agreement, they said in a filing published by the World Trade Organization on Tuesday. The settlement of the dispute at the WTO, which began in 1996, was facilitated by a liberalisation of trade under the EU/Canada Comprehensive Economic and Free Trade Agreement (CETA) which came into force on Sept. 21, they said. Click here to read full stories.

Oct 04 - India's crackdown on Muslim-run leather units dents exports, hits jobs

A government crackdown on Muslim-dominated abattoirs and the trade of cattle dragged down India's exports of leather shoes by more than 13 percent in June, as leading global brands turned to China, Bangladesh, Indonesia and Pakistan to secure supplies. The drop in exports of shoes and leather garments comes as a setback for Prime Minister Narendra Modi, who has sought to create millions of jobs by more than doubling the leather industry's revenues to $27 billion by 2020. Click here to read full stories.

Oct 04 - Global dairy prices slump, but low production points to improving outlook

Global dairy prices slumped at an auction early on Wednesday, posting their biggest loss in more than six months. The Global Dairy Trade Price Index dipped 2.4 percent, with an average selling price of $3,223 per tonne, at the fortnightly auction. The index had risen 0.9 pct at the previous sale. Click here to read full stories.

Oct 04 - Asia Palm Oil Ticks Up Ahead of Malaysia Data (Dow Jones)
Asian palm-oil prices are a tad higher in early trade and amid light volume as market focus turns to next week's release of Malaysia Palm Oil Board data. Concerns about production there has been a key price driver of late. The Bursa Malaysia benchmark palm-oil contract is up 0.3% at MYR2,691/ton.

Oct 04 - Australian Milk Output Seen Rebounding in 2018 (Dow Jones)
Australian milk production should rebound in 2018 after a drop in 2016 that's set to be repeated this year, says BMI Research. "Abundant supply in international input markets is holding down the cost of feed and fertilizers whilst milk prices are still on an uptrend following multiyear lows in mid-2015," it notes. The firm adds that fierce competition between domestic processors for milk is also pushing up domestic prices, allowing farmers to turn a profit. BMI thinks future milk-production growth will be strong as the focus turns to economies of scale and creating premium products.

Oct 03 - Rotterdam Oilseeds and Meal Prices, European veg oil are not Available Due to Holiday (day of German unity)
The above data are unavailable due to the market being closed for a holiday. Data expected to be available again on Oct. 4.

Oct 03 - Asian CPO Rise Guided by Rival Oils, Better Export Demand (Dow Jones)
Malaysian palm oil futures ended Tuesday's trading session higher, led by gains in competing soy oil prices. Improved demand for the tropical oil, as indicated by cargo surveyors Intertek Agri Services and SGS (Malaysia) Bhd. that showed exports up 10% for Sept, helped lift investor sentiment that should remain buoyant for the next couple of weeks, traders say. The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange last traded MYR17 higher at MYR2,683/ton ($633).

Oct 03 - Soaring river freight hits farmers as grain prices slide

U.S. farmers are running out of options for their just-harvested corn and soybeans as delays on the Mississippi River, the main conduit for crops to export markets, cause shipping backlogs, while grain storage on the river's banks is filling up. Low river levels and back-ups at ageing locks have slowed navigation on the Mississippi and its tributaries and driven the cost of hauling Midwestern crops to Gulf Coast export terminals to near-record highs. Click here to read full stories.

Oct 03 - Poor rains to spur bigger drop in Brazil's corn area -forecaster

Scarce rains over key Brazilian grain growing regions in September may cause an unexpectedly bigger reduction in the area planted with corn during the summer, according to a weather report on Monday. The summer corn planted area was initially expected to fall 20 percent to 25 percent due to a drop in the price of the commodity, said Marco Antonio dos Santos, founding partner at Rural Clima. Click here to read full stories.

Oct 03 - Egypt's GASC seeks wheat for Nov. 5-15 shipment

Egypt's General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers for shipment from Nov. 5-15. GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary and Paraguay. Click here to read full stories.

Oct 03 - Funds relax CBOT bearishness ahead of USDA data -Braun

After August’s sharp plunge into bearish territory, speculators in the Chicago-traded grains and oilseeds market have recently eased their pessimistic views while awaiting data from the U.S. Department of Agriculture and results from the ongoing U.S. corn and soybean harvests.  Money managers extended bullish soybean bets in the week ended Sept. 26 on robust demand and chart-based buying.  Click here to read full stories.

Oct 03 - Argentina soy, corn weather rains though coming days seen dry

A dry spell for the next ten days should bring some relief to Argentina's waterlogged fields of soy and corn after rains over the weekend added to fears of planting delays, experts said on Monday. Argentina's main grains belt has been inundated with rains in recent months, contributing to a 5.7 percent reduction in the forecast for area planted with soy in 2017-18 according to the Buenos Aires Grains Exchange. Click here to read full stories.

Oct 03 - Russian wheat prices up as farmers hold back on sales

Russian wheat export prices rose last week as some farmers held back on large sales in a bid to secure higher prices due to a strong rouble and rising demand from importers, analysts said on Monday. Black Sea prices for Russian wheat with 12.5 percent protein content and October delivery were at $191 a tonne on a free-on-board (FOB) basis at the end of last week, up $2 from a week earlier, agriculture consultancy IKAR said.  Click here to read full stories.

Oct 03 - India to Have Bumper Cotton Crop Despite Weak Rains (Dow Jones)
India's cotton traders are expecting a 12% jump in cotton production despite weaker-than-average monsoon rainfall this year. "Cotton production is likely to be robust in view of good rains across all cotton growing regions so far," says Nayan Mirani, an official at the Cotton Association of India, a Mumbai-based industry body. This year's unevenly spread monsoon rains were 95% of the long-term average compared with the Indian Meteorological Department's forecast of 98%. India -- one of the world's top producers and consumers of rice, sugar and cotton -- relies heavily on the June-through-September rains for irrigation as nearly half of its farmland is rain-fed.

Oct 03 - Asian CPO Prices Continue to Soften as Oilseeds Weaken Overnight (Dow Jones)
Asian palm oil prices are likely to see renewed pressure during the session as oilseeds were softer in overnight trading. Palm oil prices have fallen in the last couple of weeks as expectations of ample supply of soybeans and canola have offset concerns about ongoing slow palm oil production in Malaysia. The Bursa Malaysia benchmark palm oil contract is trading down 5 ringgit at 2,663 ringgit a ton.

Oct 03 - Whole Milk Powder Futures Indicate Rises in Dairy Auction (Dow Jones)
Whole milk powder futures are slightly lower early in the session but this does not offset the hefty gains they have made over the past few days, says Tobin Gorey, an analyst at Commonwealth Bank of Australia; "We await tonight's Global Dairy Trade auction to see if these gains are verified in the physical market." The NZX January whole milk powder future contract is trading down US$35 a metric ton at US$3,290 a metric ton.

Oct 02 - Asian Palm Oil Moves Likely Muted as Several Markets Closed in Region (Dow Jones)
- Asian palm oil price movements are likely to be muted during the session as several large markets across the region are closed including India and China. Malaysia palm oil export estimates for September were released earlier in the session by Intertek and show that export demand continues to hold up. Focus will now be on Malaysia Palm Oil Board data due out next week. The Bursa Malaysia benchmark palm oil contract ended Friday down MYR10 at MYR2,695/ton.

Oct 02 - Syria signs 3 mln tonne wheat contract with Russia

Syria has struck a deal to buy 3 million tonnes of wheat from its ally Russia over three years and is working to secure credit finance from Moscow for the grain, Syria's internal trade minister told Reuters. Beside providing Syrian President Bashar al-Assad with vital military support in the country's six-year conflict, Moscow has also supplied some wheat, which is critical for the production of the country's heavily subsidised staple flat bread. Click here to read full stories.

Oct 02 - Rising demand for U.S. corn, soybeans no match for massive supplies

The massive stockpiles of U.S. corn and soybeans left over following a summer of voracious demand raise the specter that huge supplies will continue to haunt the grain markets even as global usage continues to grow. In its quarterly stocks report released on Friday, the U.S. Department of Agriculture (USDA) showed that the United States burned through corn and soybeans at a furious clip during June, July and August. Click here to read full stories.

Oct 02 - Egypt to finish unloading held Romanian wheat cargo by Tuesday - official source

Egypt will finish unloading a 63,000-tonne cargo of Romanian wheat held by the country for containing poppy seeds by Tuesday, an official source close to the matter said on Sunday. Forty-three thousand tonnes have already been unloaded, said the source, adding none of the cargo had been transferred for sieving yet. Click here to read full stories.

Oct 02 - Brazil's soy planting 1.5 pct complete, behind past years -AgRural

Brazilian soy producers have planted 1.5 percent of the 2017/18 crop through Sept. 28, below the level of 4.8 percent at this time last year, consultancy AgRural said in a statement on Friday. Current planted area is also below a five-year average of 2.3 percent, AgRural said, citing scarce rains in key producing regions. Click here to read full stories.

Oct 02 - Brazilian state cleared to sell pork to S. Korea for first time -industry group

South Korea has authorized three plants in the Brazilian state of Santa Catarina to export pork to the Asian nation, opening a market in the world's fourth largest importer of this type of meat, local industry group ABPA said on Friday. It said BRF SA, Cooperativa Central Aurora Alimentos and Pamplona Alimentos each had one meatpacking factory cleared for pork sales to South Korea. Click here to read full stories.