Demand for US rice remains generally strong and the weekly export sales report was very promising. Wheat faces lower demand but local wheat markets were higher...
Weekly export sales of corn perform poorly while unknown destinations bought 200,000 tons of US soybeans.
Wheat and soybean closed lower last week following the latest USDA reports while sugar was also down on prospects of huge world production.
Known to many as canola oil, rapeseed oil has been found as the new and healthier standard, compared to olive oil, in the annex of gourmet...
Cotton suffers from poor export sales report from USDA, while coffee, sugar and cocoa closed higher.
Prices of wheat, corn and oats have dipped in the U.S. but things are looking good for sugar, cotton and orange juice.
US crop prices continue to be volatile due to several factors like the weather, and exports from other countries.
Strong sales figures reflect the good quality of US rice this year, as well as its competitive prices.