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On Thursday, CBOT corn futures rose due to lower Argentine crop estimates and a weaker dollar. May corn settled at $4.65-1/4 per bushel. The Rosario Grains Exchange downgraded Argentina’s 2024-25 …
CBOT Corn Futures Rise Amid Lower Argentine Harvest Prospects Read More
Troops from South Africa, Tanzania, and Malawi are withdrawing from eastern Congo following public opposition due to peacekeeper fatalities. The decision follows a virtual meeting of the SADC and coincides …
Withdrawal of Troops from Eastern Congo by Southern African Nations Read More
CONAB maintains large projections for Brazil’s soybean at 167.37 million tons and corn at 122.76 million tons, indicating significant increases over last year. The soybean harvest exceeds 60%, while over …
CONAB Reports Significant Projections for Brazil’s Soybean and Corn Production Read More
South Africa’s lawmakers are responding to U.S. aid cuts by increasing health and defense budgets while imposing a 0.5% value-added tax, raising living costs. This comes after the cancellation of …
South Africa Enhances Health and Defense Budgets Amid U.S. Aid Reductions Read More
Soybean futures at the CBOT closed lower due to falling corn prices and escalating trade tensions. The May soybean contract settled at $10.11-1/2 per bushel, while soymeal and soyoil also …
CBOT Soybean Futures Decline Amid Trade Concerns and Brazilian Harvest Read More
Coffee prices dropped on Friday, with arabica and robusta coffees closing lower. Global coffee production is projected to rise by 4.0% for 2024/25, yet Brazil’s estimated production has been revised …
Coffee Prices Decline Amidst Brazilian Production Forecast Read More
Coffee prices fell on Thursday, influenced by a drop in the Brazilian real. Projections signal a 4.0% increase in global coffee production for 2024/25, though Brazil’s coffee production estimates have …
Coffee Prices Decline Amid Brazilian Real Slump and Production Forecasts Read More
Argentina has lifted a ban on live cattle exports, enhancing competition in its cattle industry. President Javier Milei announced that 70% of these exports will go to China, while the …
Argentina to Export 70% of Beef to China as U.S. Inventory Declines Read More
The USDA has cut its forecasts for corn and soybean production in Argentina and Brazil due to adverse weather conditions, while also lowering Chinese grain import predictions for 2024-25. Despite …
USDA Lowers Production Forecasts for Argentina and Brazil and Adjusts China Imports Read More
President Trump’s proposed 25% tariffs on goods from Mexico and Canada could significantly raise grocery prices for American families, already facing rising food costs. Mexico and Canada are primary suppliers …
Impact of Trump Tariffs on U.S. Grocery Prices from Mexico and Canada Read More