Benchmark NY cocoa sets contract low
Mar-18 ICE settled lower this Friday, surprisingly hitting a fresh contract low after breaking support between $1,860 and $1,865. With conditions favorable for West [...]
While no one is paying attention, the U.S. plains are turning unusually dry
As everyone’s focus is on South America, the U.S. plains seem to be getting drier by the day, a phenomenon that could carry on [...]
Record November soybean crush
NOPA members reported crushing 163.5 million bushels last month, down slightly from October and up 2 percent year over year. Soybean oil yield was [...]
Mexico in danger of shortfall on sugar export quota to U.S.
Mexico might be unable to reach its sugar export quota to the U.S., warned Rabobank’s Pablo Sherwell. The country lacks the capacity to produce [...]
Ethanol production smashes through record
Ethanol production last week set a new record, averaging 1.108 million barrels per day, up 4 percent from the previous week and up 8 [...]
South African parliament passes sugar beverage tax
As part of a new revenue bill, South Africa’s National Council of Provinces approved a levy of 2.1 cents per gram of sugar, nearly [...]