Cocoa Market Faces Unprecedented Shortage and Price Surge, Again!

The International Cocoa Organization (ICCO) has announced a significant upward revision to its forecast for the global cocoa shortage,...

Mexico and U.S. Adjust Production and Trade Strategies As Challenges Rise

Mexico's sugarcane production is adjusting due to fluctuating sucrose recovery rates and yield improvements, while the U.S. beet and cane...

Adjustments in Soybean Production, Crush, and Exports Impact Stocks and Trade - March 2024

In this report, we delve into the latest updates from the USDA regarding the 2023/24 soybean market, encompassing U.S. supply and use, as...

Ending Stocks Decline Despite Rising Wheat Supplies - March 2024

In our analysis of the March 8, 2024, WASDE report by the USDA, we focus on the 2023/24 wheat market, providing insights into U.S. and...

A Refinery Outage Has Triggered an Increase in Mid West Petroleum Prices - February 2024

As reported by EIA, the recent unplanned outage at bp’s refinery in Whiting, Indiana, has triggered a notable increase in spot petroleum...

Cocoa Prices Continue to Surge Relentlessly, With No Relief in Sight

Global cocoa prices are soaring due to adverse weather in West Africa, impacting producers and consumers alike. Businesses, including...

Lower Turkey Production Combined with Higher Broiler Production - February 2024

The USDA's latest report offers valuable insights into the poultry and egg markets for 2024. Broiler production is raised for the first...

Cattle and Hog Prices Rise - February 2024

In the latest WASDA report from USDA, adjustments in beef and pork production forecasts for 2024 reflect changing trends in slaughter...

Rice Projected World Ending Stocks Remain Nearly Unchanged - February 2024

The latest World Agricultural Supply and Demand Estimates (WASDE) report from February 2024, issued by the USDA, presents essential...

Global Wheat Supplies are Forecasted to Increase - February 2024

The WASDE report published by the USDA on February 8, 2024, sheds light on the outlook for U.S. and global wheat in the 2023/24 season...

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