Supply Chain - Drought

Canadian Wheat, Canola Harvests Expand, Rebound From Dry Conditions

Canadian farmers will harvest more wheat and canola than was expected several months ago, as crops rallied from dry conditions that threatened yields, a go...

Dry Soil To Curb Asia's Early 2024 Rice Output, Pressure Supply

Asian off-season rice production is poised to take a hit as dry planting conditions, shrinking reservoirs and forecasts for continued El Nino weather are s...

World Vegetable Oil Deficit Likely In 2024, Demand Remaining High, Analyst Says

A global vegetable oil supply deficit next year is still very likely due to the impact of the El Nino weather pattern, while demand growth is still very hi...

Spain's Deoleo Sees Olive Oil Prices Staying High Until June 2024

Olive oil prices in Spain will remain at record levels at least until June after a drought hit the south of the country for the second year in a row, ...

Spanish Drought Means Olive Oil Output Set To Be A Third Below Four-Year Average

A scorching drought that hit southern Spain for a second year in a row is likely to mean the country's 2023-24 olive oil production is a third below the fo...

Drought In Spain To Affect Food And Beverage Supply, FIAB Warns

The lack of rainfall, high temperatures recorded in recent weeks and drought in large areas of Spain is affecting agriculture and livestock and will have a...

EU Cuts Cereal And Oilseed Crop Forecasts Again

The European Commission has further reduced its outlook for European Union production of major cereal and oilseed crops this season, with maize seeing the...

Grains Trader Bunge Forecasts Upbeat Full-Year Earnings

Bunge Ltd forecast full-year earnings above Wall Street estimates, after improved processing margins helped the agri-trader beat second-quarter profit.