Commodities

Buyer's Brief: A Transformation Brewing In Black Tea

Tea consumption is on the increase, with global production growing in line with demand. Nick Peksa examines the current state of the market.

World Food Prices Hit Record High In February: FAO

World food prices hit a record high in February, led by a surge in vegetable oils and dairy products, to post a 20.7% increase year-on-year, the UN food ag...

Ukraine Introduces Export Licences For Key Agricultural Commodities

Ukraine has introduced export licences for its key agriculture commodities wheat, corn and sunflower oil, Interfax Ukraine news agency quoted a government...

Palm Oil Prices Rise As Ukraine Conflict Halts Sunoil Supply

Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments fro...

Buyer's Brief: A Volatile Year Ahead For The Food Industry

If you thought that 2021 was full of surprises, better hold on to your hats during the year ahead, writes Nick Peksa.

U.S. Farmers Reaped Record Soy Harvest In Autumn 2021

The U.S. soybean crop that farmers harvested in the autumn of 2021 was the largest on record, as yields were bigger than previously estimated, the U.S. Agr...

Major Coffee Buyers Face Losses As Colombia Farmers Fail To Deliver

Coffee farmers in Colombia, the world's No. 2 arabica producer, have failed to deliver up to 1 million bags of beans this year or nearly 10% of the country...

Soybeans Climb On Strong Demand, Set For Weekly Gain

Chicago soybean futures gained more ground on Friday and were on course to post their first weekly gain in six weeks, helped by strong demand for US suppli...