Record Production Forecast Analysts from Oil World in Germany have raised their forecast for global soybean meal production for the 2024/25 marketing year (MY) to a record 269 million tons. […]
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Author: Elizabeth Gilbert
Cocoa Futures Rise as Ghana Restricts Supply
Ghana Limits Cocoa Purchases Ghana, the world’s second-largest cocoa producer, plans to limit some cocoa purchases for the upcoming season. This move signals that the severe cocoa shortage, which has […]
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Almond Market Report: Heat Dome Affects California Almond Crop
Market Update As of July 23, 2024, the heat dome in California continues to affect the region, with temperatures remaining in triple digits for the past two weeks. This extreme […]
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MARS Agency Lowers Yield Forecasts for Most EU Crops
Yield Forecasts Reduced for Key Crops In their July report, experts from the MARS agency have lowered the yield forecasts for most agricultural crops in the EU, while slightly raising […]
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Abundance of Soybeans in China Threatens US Exports Amid Low Demand
Excess Supply Limiting China’s Import Appetite The abundance of soybeans in China poses a significant threat to US soybean exports, particularly during the peak marketing period between September and December. […]
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Moldova’s Sunflower Oil Exports Drop by 45%
Significant Decline in Exports In the first half of 2024, sunflower oil exports from the Republic of Moldova fell by 68.3 thousand tons, marking a 45% decrease compared to the […]
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Ukrainian Farmers Exceed Last Year’s Harvest Pace Despite Lower Average Yields
Harvest Progress and Crop Yields Ukrainian farmers are actively harvesting, with the pace surpassing last year’s efforts. As of July 20, 2023, 15.7 million tons of grain and oil crops […]
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Heat Waves and Drought Threaten Agricultural Production in Türkiye
Extreme Weather Impacts The intense heat waves affecting Türkiye and the rest of the world are not only posing risks to human health but also disrupting the balance of the […]
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Abnormal Heat in Black Sea Region and Canada’s Forecasted Heat Drive Price Increases
Heatwave Grips Black Sea Region Abnormal heat in the Black Sea region, coupled with forecasts of heat in Canada, remains a significant factor in supporting agricultural prices. A cyclone moving […]
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Food Companies Turn to Cocoa Butter Alternatives Amid Rising Raw Material Costs
Shift in Chocolate Production Due to high raw material costs, more food companies are considering using alternatives to cocoa butter in their chocolate-flavored treats. In response to the cocoa price […]
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