Agriculture

US Oil-Biofuel Coalition Pushes EPA for Higher Biomass Diesel Mandates Amid Industry Rifts

A U.S. coalition of oil and biofuel groups met with the Environmental Protection Agency (EPA) on Tuesday to advocate for increased biomass diesel blending mandates under the Renewable Fuel Standard (RFS), amid growing internal disagreements over the economic and political fallout of higher quotas. The EPA is expected to propose updated RFS targets for 2025–2026 […]

Brazil’s Coffee Farmers Invest Heavily in Irrigation Amid Drought, Driving Global Price Surge

Brazilian coffee farmers are increasingly turning to costly irrigation systems to combat severe droughts and meet soaring global demand, as climate change disrupts traditional rain-dependent cultivation. While industrial-scale farms in regions like Bahia thrive with advanced irrigation, water scarcity in traditional growing areas like Minas Gerais threatens yields, exacerbating a global coffee shortage that has […]

Corn, Soybeans Rebound from Multi-Month Lows Ahead of USDA Report; Wheat Extends Slump

Chicago corn and soybean futures staged a late-session rebound on Friday, shaking off early losses tied to U.S. planting forecasts and Brazilian soybean pressure, while wheat slid to an eight-month low amid export sluggishness and improved weather. Key Developments: Corn Recovery: After hitting a 3.5-month low of 4.42/bushel, most−active corn futures closed 0.74.53-1/4/bushel on bargain-buying […]

Global Coffee Prices Soar Up to 25% as Arabica Shortages Spark Shelves Scramble, Consumer Rationing

Coffee lovers face steep price hikes of up to 25% as roasters like Lavazza, Illy, Nestlé, and JDE Peet’s clash with retailers over passing on soaring arabica bean costs, triggering temporary stockouts and consumer rationing. A four-year global arabica deficit, worsened by Brazil’s historic droughts, has doubled raw bean prices since 2023, forcing supermarkets to […]

India Upholds 1 Million Ton Sugar Export Quota as Surplus Stocks Offset Production Dip

India will allow mills to export 1 million metric tons of sugar in the 2024/25 season, rejecting speculation of export curbs despite lower output forecasts, as the government asserts sufficient stockpiles to meet domestic demand and ethanol needs. Key Details: Output vs. Demand: 2024/25 Production: Estimated at 26.4 million tons (down from previous forecasts). Domestic […]

Black Sea Deal Unlikely to Boost Russian Food Exports Soon, But Fuels Long-Term Agri Ambitions

A U.S.-brokered Black Sea security agreement between Russia and Ukraine is unlikely to significantly increase Russian food exports in the near term, analysts say, despite claims from Moscow and Washington that the pact will bolster global food security. While the deal eases maritime attacks and sanctions, Russia’s agricultural shipments—already at record highs during the Ukraine […]

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