Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity heading for the exit.
Why have cocoa futures hit record highs this year?
EU deal and Trump tariff threats bolster Mercosur trade talks
Brazil expects the South American trade bloc Mercosur to speed up more free trade negotiations after clinching a deal with the European Union, as the threat of U.S. tariffs when Donald Trump takes office as president forces countries to diversify their options for exports, diplomats say.
China’s state importer books US soy purchases as tariff threat looms
China's Sinograin has bought nearly 500,000 metric tons of U.S. soybeans this week for shipment in March and April, paying more for U.S. supplies for state reserves rather than buying cheaper Brazilian beans, two U.S. traders familiar with the deals said.
U.S. grains: Soybeans rebound after sinking to a new four-year low
Chicago soybean futures rebounded on technical buying on Thursday after plunging to a four-year low, while wheat fell to lifetime lows as a strong dollar added to concerns about competition from other exporting zones, traders said.
U.S. livestock: Cattle futures tick down on weak equity markets
Chicago Mercantile Exchange (CME) live and feeder cattle contracts slid on Thursday as weakness in equities, a strong dollar and technical trading pressured futures, analysts said.
India gears up for a potential trade deal as Trump targets China, say government sources
India is preparing to offer tariffs cuts on some farm and other goods mainly imported from the U.S., aiming to clinch a broader trade and investment deal once president-elect Donald Trump takes charge, government and industry sources in New Delhi said.
Conagra trims profit forecast as higher inflation, promotions to dent margins
Conagra Brands on Thursday joined rival General Mills in trimming its annual profit forecast and warning that price cuts on its products across grocery, snacks and frozen food items to spark demand will weigh on margins.
UN peacekeepers guard Congolese farmers working their fields
Under a scorching sun in Democratic Republic of Congo, many of the farmers tending to their fields in the troubled eastern region are guarded by United Nations peacekeepers.
U.S. livestock: Cattle futures tip down on profit-taking
Chicago Mercantile Exchange (CME) cattle contracts slid on Wednesday as profit-taking, a stronger dollar and a selloff across agricultural commodities weighed on futures, analysts said.
U.S. grains: Soybeans plummet to four-year low on Brazil crop outlook
Chicago soybean futures fell to a four-year low on Wednesday, pressured by bumper crop prospects in Brazil and a slide in soyoil prices after a proposed U.S. government spending bill failed to include support for biodiesel, traders said.
Cyber-Savvy Farmer
