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Crop prices are already at the highest levels in more than eight years

Isis Almeida and Fabiana Batista
Bloomberg News
Crop prices are already at the highest levels in more than eight years, and with meat and fuel markets running hot, the rally may still have further to go.
Meat producers and biofuel makers have so far seen a bull market of their own, passing on the increase in grain costs as the world emerges from the pandemic. Executives from Archer-Daniels-Midland Co. and Bunge Ltd., two of the world’s top agricultural commodities traders, say there are very few signs the rally is curbing demand. And the U.S. is approaching summer peak time for grilling and driving which should only boost consumption further. ....

United States , Isis Almeida , Fabiana Batista , Cobank Kowalski , Greg Heckman , Ariovaldo Zani , Dan Kowalski , Juan Luciano , Bunge Ltd , South American , ஒன்றுபட்டது மாநிலங்களில் , ஐசிஸ் அல்மேடா , ஃபேபியானா பாடிஸ்டா , கோபங்க் கோவல்ஸ்கி , கிரெக் ஹெக்மேன் , டான் கோவல்ஸ்கி , ஜுவான் லூசியானோ , பங்க் லிமிடெட் , தெற்கு அமெரிக்கன் ,

Crop Rally Seen Powering On as Buyers Shrug Off High Prices

Crop Rally Seen Powering On as Buyers Shrug Off High Prices
May 05 2021, 9:57 PM
May 05 2021, 9:13 PM
May 05 2021, 9:57 PM
(Bloomberg) Crop prices are already at the highest levels in more than eight years, and with meat and fuel markets running hot, the rally may still have further to go.
(Bloomberg) Crop prices are already at the highest levels in more than eight years, and with meat and fuel markets running hot, the rally may still have further to go.
Meat producers and biofuel makers have so far seen a bull market of their own, passing on the increase in grain costs as the world emerges from the pandemic. Executives from Archer-Daniels-Midland Co. and Bunge Ltd., two of the worldâs top agricultural commodities traders, say there are very few signs the rally is curbing demand. And the U.S. is approaching summer peak time for grilling and driving which should only boost consumption further. ....

United States , Cobank Kowalski , Greg Heckman , Ariovaldo Zani , Dan Kowalski , Juan Luciano , Bunge Ltd , South American , ஒன்றுபட்டது மாநிலங்களில் , கோபங்க் கோவல்ஸ்கி , கிரெக் ஹெக்மேன் , டான் கோவல்ஸ்கி , ஜுவான் லூசியானோ , பங்க் லிமிடெட் , தெற்கு அமெரிக்கன் ,

Corn Climbs Toward $7 as Brazil Drought Adds to Supply Woes

(Bloomberg) Corn futures extended a rally toward $7 a bushel, as ongoing drought in Brazil threatens supply in the world’s second-largest exporter.

Prices rose as much as 2.1% to near an eight-year high. ....

United States , France General , Us Department Of Agriculture , Bunge Ltd , Stonex Brazil , South American , ஒன்றுபட்டது மாநிலங்களில் , பிரான்ஸ் ஜநரல் , பங்க் லிமிடெட் , தெற்கு அமெரிக்கன் ,

Corn tops $7 a bushel for first time since 2013 on supply worry

Corn futures surged above $7 a bushel for the first time in more than eight years as lack of rainfall in Brazil added to supply concerns.
Corn climbed as much as 3.5% to $7.0325 a bushel on the Chicago Board of Trade, the highest since March 2013. Soybeans and wheat also both rose.
The rally across ....

United States , France General , Greg Heckman , Chicago Board Of Trade , Bunge Ltd , Chicago Board , South America , Chief Executive Officer Greg Heckman , Stonex Brazil , South American , ஒன்றுபட்டது மாநிலங்களில் , பிரான்ஸ் ஜநரல் , கிரெக் ஹெக்மேன் , சிகாகோ பலகை ஆஃப் வர்த்தகம் , பங்க் லிமிடெட் , சிகாகோ பலகை , தெற்கு அமெரிக்கா , தலைமை நிர்வாகி அதிகாரி கிரெக் ஹெக்மேன் , தெற்கு அமெரிக்கன் ,

Corn tops $7 a bushel for first time since 2013 in most-active contract | Hellenic Shipping News Worldwide

Corn tops $7 a bushel for first time since 2013 in most-active contract
U.S. corn futures on Tuesday topped $7 a bushel in the most-active contract for the first time since 2013 as unfavorably dry crop weather in Brazil kept attention on tightening global supplies.
Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening the door for the market to extend gains, U.S. analysts said.
There has been “no demand destruction” for crops amid strong profitability for meat production, said Greg Heckman, chief executive officer for global grains trader Bunge Ltd
Some Asian feed manufacturers are switching to wheat from corn in animal rations, though Heckman said an increase in wheat feeding to livestock in China is temporary. ....

Chicago Board Of Trade , United States , France General , Mark Potter , Tom Polansek , Andrea Ricci , Gus Trompiz , Naveen Thukral , Greg Heckman , Jonathan Oatis , Bunge Ltd , Chicago Board , சிகாகோ பலகை ஆஃப் வர்த்தகம் , ஒன்றுபட்டது மாநிலங்களில் , பிரான்ஸ் ஜநரல் , குறி பாடர் , ஆண்ட்ரியா ரிச்சி , நவீன் துகிரள் , கிரெக் ஹெக்மேன் , பங்க் லிமிடெட் , சிகாகோ பலகை ,