Wheat: Overspent at the Top or More to Go? investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
Growing conditions in West Africa’s cocoa-growing areas are straying from mid-crop historical trends, raising the prospect of a stronger than expected crop. This is despite expectations of lower production in No. 2 producer Ghana, due to cocoa swollen shoot virus outbreaks and the Ghanaian cedi’s decline against the US dollar, which put fertilizer costs out of some producers’ reach.
Brazil is forecast to produce another record corn crop in 2022/23, providing some comfort to importers, especially the EU and China, that had previously relied on corn supplies from Ukraine.