Sugar prices may ‘spike’ despite better supplies

images3.jpg

Sugar prices remain vulnerable to "spikes" despite improved hopes for a production surplus, given the extent to which stocks have fallen – and with 2012-13 unlikely to usher in freer supplies. The International Sugar Organization, in quarterly briefing, raised by 250,000 tonnes to 4.46m tonnes its forecast for the output surplus in 2011-12. The revision…


CME: Grain and Protein Supplies Down

images1.jpg

US – USDA provided yesterday its latest forecasts on grain and protein supplies for 2011/12 and the data generally was more negative than the August forecast, write Steve Meyer and Len Steiner. On the grain front, USDA lowered its estimates of US corn yields this fall. The reduction was hardly surprising given the recent flurry…


Sugar prices to avoid dive despite better supplies

tixung15.png

Sugar prices are not set for sharp drop in 2011-12, despite a return to a healthy world production surplus, as countries – notably China – rebuild stocks depleted by successive years of squeezed supplies. The International Sugar Organisation, in its first official forecast for 2011-12, said sugar production would exceed demand by 4.2m tonnes, the…


Crop supplies tight, record prices – FAPRI update

images.jpg

Tight crop supplies and record farm prices dominate a midyear baseline update from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri. “Drought, floods and changing economics raise the outlook for many agricultural commodities,” said Pat Westhoff, director, MU FAPRI. A new baseline update takes those changes into account, Westhoff said,…


Page 1 of 11