GFM Network News


Pulse weekly outlook: India pulse estimates improve

MarketsFarm — Conditions are still not looking good for India’s kharif (summer) production, and in particular for pulse crops. Excessive monsoon rains, followed by above-average post-monsoon rains, have hurt production, according to a report. The excessive rains resulted in flooding in 13 states in India and the National Bulk Handling Corp. (NBHC) estimated Monday that […] Read more

Bunge, BP team up for Brazil sugar and ethanol venture

Sao Paulo | Reuters – U.S. commodities trader Bunge Ltd and British energy company BP Plc said on Monday they will merge their Brazilian sugar and ethanol operations to create the world’s third-largest sugarcane processor. The joint venture is the largest deal in Brazil’s bioenergy sector since Royal Dutch Shell joined forces with Cosan to […] Read more


Cuba produces best sugar harvest in 11 years

Havana | Reuters — Cuba’s sugar harvest grew 18 per cent this year to 1.9 million tonnes, the most for the beleaguered industry in 11 years and the best performance since the state sugar company Azcuba was founded in 2011, official media said on Friday. The Communist Party daily Granma said the harvest, which began […] Read more