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Louis Dreyfus Posts Higher Profit In FY 2021

Louis Dreyfus Company (LDC) reported a jump in annual profit, the latest crop merchant to show a boost in earnings as economic activity recovered from the...

Wheat Rebounds On Black Sea Supply Worries; Corn, Soybeans Rise

Chicago wheat rose on Monday for a second session in three, as the Russia-Ukraine war and dry weather in parts of the U.S. grain belt raised concerns over...

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...