Agriculture

Cooxupe, Brazil’s largest coffee cooperative, has projected a nearly 10% decrease in coffee receipts from farmers in 2025 compared to the previous year, estimating around 5.6 million 60-kg bags. Key Highlights:Impact of Weather Conditions: Cooxupe’s President, Carlos Augusto Rodrigues de Melo, stated that dry and hot weather last year has adversely affected coffee production in […]

Argentina’s crucial agricultural region is set to experience maximum temperatures exceeding 35 degrees Celsius (95°F) in the coming days, according to the Buenos Aires Grains Exchange. This heat wave will be followed by anticipated rainfall early next week. Key Highlights:Impact on Agriculture: Argentina is the world’s leading exporter of processed soybeans and the third-largest supplier […]

Corn futures on the Chicago Board of Trade (CBOT) soared to a 16-month high, surpassing $5 per bushel on Tuesday, driven by robust U.S. export demand and expectations of tightening inventories. Analysts noted that this price increase is beneficial for farmers after last year’s market slump, which saw prices fall to their lowest levels since […]

Analysts predict that Russian wheat exports will significantly underperform against government quotas in the upcoming months, with estimates suggesting deliveries may not exceed 8.1 million tons by the end of the 2024/25 season. This forecast was provided by Igor Pavensky, head of analysis at grain shipment company Rusagrotrans. Key Highlights:Export Quota Overview: The Russian government […]

As of last Thursday, Brazil’s soybean harvest for the 2024/25 season is 23% complete, according to agribusiness consultancy AgRural. This marks an 8 percentage point increase from the previous week, though it lags behind last year’s progress, which saw 32% of the total area harvested at the same time. Key Highlights:Harvest Progress: Current soybean harvest: […]

Russian wheat export prices have risen for the fourth consecutive week, driven by declining shipments as an export quota came into effect. Analysts report that the price for Russian wheat with 12.5% protein for free-on-board (FOB) delivery in March increased by $2 from the previous week, reaching $247 per metric ton. Key Highlights:Price Trends: Dmitry […]

The U.S. Department of Agriculture (USDA) has conditionally approved Zoetis’ bird flu vaccine for poultry, marking a significant step in addressing the ongoing avian influenza crisis. The approval, granted based on safety and expected efficacy, comes as bird flu continues to impact both poultry and humans across the country. Since April 2024, nearly 70 human […]

Malaysia is set to enhance its regulatory framework to combat fraud in the used cooking oil (UCO) export sector, as confirmed by Deputy Plantation and Commodities Minister Chan Foong Hin. This initiative comes in response to growing concerns from Western governments investigating whether shipments from Asia contain genuine recycled oil or are instead mixed with […]

Canadian farmers, like Bill Prybylski, are facing severe financial distress after delivering crops to grain companies that subsequently declared bankruptcy. This situation highlights significant flaws in Canada’s agricultural safety net amid ongoing drought conditions and low commodity prices. Key Highlights:Financial Losses: Bill Prybylski, a farmer from Willowbrook, Saskatchewan, is owed C$165,000 (approximately $113,487.86) after two […]

The cost of trading arabica coffee on the ICE exchange has surged, intensifying a price rally that has seen raw, unroasted coffee beans reach 14 consecutive record highs in just three weeks. This spike in prices is causing significant challenges for traders and industry analysts. Key Highlights:Margin Increases: The ICE exchange has raised margins on […]