Page 7 - Global Commodity News Today

Lean hog futures rise following recent slide

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High labor and energy costs continue to factor into food prices.

U.S. soybean stocks will be smaller than previously forecast as export demand for U.S. offerings remains strong even with recently harvested supplies from Brazil and Argentina available for overseas buyers, the government said on Friday. But corn supplies were estimated to be bigger than earlier forecasts, bucking market expectations for tighter stocks, as rising prices ...

Analysts said the latest forecasts from the government did not provide any fresh bullish news that would drive prices higher, and all eyes were focused on U.S. crop development in the hopes that a bountiful harvest this fall would provide some relief to the stressed global balance sheet.

However, weather will determine the final output, analysts said.

U.S. soybean futures rallied 2.7% to a three-month high on Thursday as the latest weather forecasts for key northern growing areas turned wet again, threatening to add further delays to planting that...

The cement sector, which has a new entrant in the Adani Group, has historically demonstrated an oligopolistic character. A look at how the sector has played out in the last two decades or so, growing faster than the economy and delivering market-beating returns

Broadly speaking, 2022 is shaping up to be another rough year for emerging markets equities, but upon closer examination, there are pockets of strength.