Lower potato prices in Russia thanks to growth

The Russian market is keeping its potato price reduction trend thanks to growth of potato supply in the country, according to the Fruit-Inform Project. As of yesterday (Aug 30), prices for potatoes are 2.5 times lower than a year before and may most likely decrease further. "Expansion of areas under potatoes against a background of [...]

Wool prices to follow cotton values lower

Wool prices are "likely to fall", undermined by the weaker cotton market, but not by enough to threaten a revival in the sheep flock in Australia, the top producer and exporter of the fibre, where numbers have been in decline for 20 years. Wool values, which remain within 12% of a record high set in [...]

CME: Price Concern as Hog Futures Drifting Lower

US – Hog futures have been drifting lower in recent days as market participants have become increasingly nervous about prospects for hog prices into the fall, write Steve Meyer and Len Steiner. Seasonally, hog supplies increase as weather cools off (higher weights) and more hogs come to market. But seasonality in hog prices in hardly [...]