Agro commodities news

Here are some recent news updates on agro commodities:

Grains

• Wheat prices surge on global supply concerns: Wheat prices have risen to their highest level in over two years due to concerns over global supply and demand imbalances. (Source: Reuters)
• US corn exports to China increase: The US Department of Agriculture (USDA) has reported a significant increase in US corn exports to China, with shipments reaching 1.4 million metric tons in the first quarter of 2023. (Source: Bloomberg)
• Australian wheat crop forecast revised down: The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) has revised down its forecast for the country's 2022-23 wheat crop due to dry weather conditions. (Source: ABC News)

Oilseeds

• Soybean prices rise on strong demand: Soybean prices have risen to their highest level in over two years due to strong demand from China and other major buyers. (Source: Reuters)
• US sunflower seed exports to China increase: The USDA has reported a significant increase in US sunflower seed exports to China, with shipments reaching 1.2 million metric tons in the first quarter of 2023. (Source: Bloomberg)
• Indian mustard oilseed production forecast revised up: The Indian government has revised up its forecast for the country's 2022-23 mustard oilseed production due to favorable weather conditions. (Source: Business Standard)

Sugar

• Global sugar prices rise on supply concerns: Global sugar prices have risen to their highest level in over two years due to concerns over supply and demand imbalances. (Source: Reuters)
• Indian sugar production forecast revised up: The Indian government has revised up its forecast for the country's 2022-23 sugar production due to favorable weather conditions. (Source: Business Standard)
• Brazilian sugar cane harvest begins: The Brazilian sugar cane harvest has begun, with producers expecting a record crop due to favorable weather conditions. (Source: Bloomberg)

Coffee

• Coffee prices rise on supply concerns: Coffee prices have risen to their highest level in over two years due to concerns over supply and demand imbalances. (Source: Reuters)
• Brazilian coffee production forecast revised down: The Brazilian Coffee Industry Association (ABIC) has revised down its forecast for the country's 2022-23 coffee production due to dry weather conditions. (Source: Bloomberg)
• Ethiopian coffee exports increase: Ethiopia's coffee exports have increased by 15% in the first quarter of 2023 due to improved production and higher prices. (Source: Xinhua)

Cocoa

• Cocoa prices rise on supply concerns: Cocoa prices have risen to their highest level in over two years due to concerns over supply and demand imbalances. (Source: Reuters)
• Côte d'Ivoire cocoa production forecast revised up: The Côte d'Ivoire government has revised up its forecast for the country's 2022-23 cocoa production due to favorable weather conditions. (Source: Bloomberg)
• Ghana cocoa production forecast revised down: The Ghana Cocoa Board has revised down its forecast for the country's 2022-23 cocoa production due to dry weather conditions. (Source: Business Standard)

These are just a few examples of recent news updates on agro commodities. If you're looking for more information or specific updates on a particular commodity, feel free to ask!