Weakening crop prices and high production costs weigh on farmer sentiment

Agricultural producers’ sentiment declined for the second month in a row, as the Purdue University/CME Group Ag Economy Barometer index fell 9 points to a reading of 106 in September. Producers expressed concern about their current situation as well as future prospects for their farms. The Current...


Japan Q4 aluminium premium drops 24% to $97/T amid dull demand -sources

The premium for Japanese aluminium shipments for the fourth quarter was set at $97 per metric ton, down 24% from the prior quarter, as demand remained dull at home and abroad, five sources directly involved in pricing talks said. The figure is lower than the $127.5 per ton paid in July to September...


Veteran investor David Roche has a contrarian call on grain prices, says prices will soar

Grain prices have been in freefall of late as investors bet on a resurgence of supply from the U.S., Russia and Ukraine — but veteran strategist David Roche disagrees. Contrary to market consensus, Roche, president and global strategist at Independent Strategy, expects a 13-15% annual increase in...


Russian wheat export prices almost unchanged for third week on low demand

Russian wheat export prices maintained their levels last week in the face of a tacit minimum delivery price restriction while international markets declined and domestic markets were under pressure from a strong harvest. The price of 12.5%-protein Russian wheat scheduled for free-on-board (FOB)...


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