Rice exporters from India, the biggest supplier to Iran, may cut prices to retain market share as easing of sanctions on the Persian Gulf nation opens doors for increased supplies from Thailand and Pakistan, traders said.
South Africa should give better protection to sugar producers in the wake of low global prices caused by excess exports from Brazil, according to Tongaat Hulett Ltd., the country’s second-biggest producer of the crop.
Buyers of sugar from Thailand, the world’s second-biggest exporter, are paying a lower premium amid reduced concern that a port fire in Brazil will curb supply, according to Green Pool Commodity Specialists Pty.
Egypt’s ouster of Nomani Nomani as buyer of more than 5 million metric tons of wheat a year on world markets put a spotlight on a role that brought stability to the task of feeding the nation’s 80 million people.
Rice exports from India, the world’s second-largest grower, are poised to slump from a record as supplies from Vietnam, Myanmar and Pakistan widen a global glut, according to the International Rice Research Institute.
Flooding in Northeast China may have affected more than 2 million hectares (4.94 million acres) of crop land, the U.S. Department of Agriculture’s Foreign Agricultural Service wrote, citing local estimates.
Soybean meal shipments from India, Asia’s biggest supplier, may reach a six-year high next season as the best monsoon rainfall in two decades is set to boost the oilseed crop to an all-time high, a processors’ group said.
Vietnamese coffee farmer Le Thi Do looks up at the five-meter-high (16-foot) ceiling of her six- bedroom, yellow house and then points to a small, squat building next door and says: “We used to live in that tiny one.”