Yesterday’s WASDE report was extremely bearish for corn, with USDA increasing yield by 3.6 bushels per acre (bpa). This number beat the highest of analyst expectations by 1.4 bpa, a good indicator of how big the surprise was. The market’s reaction seems too mild [...]
All U.S. sugar deliveries for human use rose 2.6 percent in 2016/17, showing brisker gains than the 1.6 percent and 1.3 percent year-on-year (YOY) growth seen in 2015/16 and 2016/17, respectively. Most major industry categories used more sugar in 2016/17. There were a few [...]
Neighbors Ivory Coast (IC), to the west, and Ghana, to the east, have enjoyed admirably amicable relations in recent years. More recent maritime border disputes, for example, are being sorted through the UN. And in the last year, these top two cocoa origins have [...]
