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IGC flags double whammy to 2015 rapeseed prospects

The 2015 European Union rapeseed harvest is likely to fall "significantly" below this year's record result, with Ukraine facing a big output drop too

Starbucks sees 'no fundamental shortage' in coffee market
Starbucks says it has "largely stayed out" of the coffee market as prices have soared. But it is relaxed about its slower pace of forward buying
US officials, IGC downgrade Aussie wheat harvest
USDA staff follow the International Grains Council in cutting their estimate for Australian wheat output. But investors foresee further downgrades
Aspen, Danone unveil China infant milk deals
Danone pays \$550m for a stake in one of China's top infant milk groups, while Aspen Holdings buys 50% of a New Zealand supplier to the market
Bunge upbeat on Brazil, US soy crush margins
The trading house's CEO foresees "very favourable economics in soy" into 2015, flagging too a "nice profit" for Bunge from this month's soymeal rally
Bunge fans fears of Brazil farmers hoarding crops
Bunge, unveiling lower-than-expected earnings, cites a hit from unusually slow crop selling in Brazil - a trend beginning to worry crop traders too
Sugar a better bet than coffee or cocoa, says ABN
The bank recommends buying sugar on weakness, foreseeing higher values. But fears over cocoa and coffee supplies have already been well priced in
Hershey cuts profit hopes, citing high dairy costs
The chocolate giant underlines the gap between resilient US milk prices and weak values abroad, as it highlights a dent from dairy and cocoa costs
Agrokultura warns on drought harm to Russia wheat
The farm operator says that 20% of its Russian winter wheat "has emerged in a poor state", making it vulnerable to winterkill. News on dairy is better
Soymeal rally lifts prices 'beyond rational' level
Soymeal futures come within an ace of \$400 a short ton before staging a sharp retreat. Does this mark an end to their 30% rally this month?
China to gain a taste for coffee exports
... at least, so Volcafe hopes, setting up a joint venture to source and ship beans from a country which produces arabica coffee, but drinks robusta
Crop price falls take toll on UK farmland market
The slide in grain prices is slowing growth in prices of prime arable land, and may lead to a "more muted" market in 2015, Savills says
Drought-hit US wheat makes disappointing start
US winter wheat is, while not in dismal health, in far worse condition than investors had expected, thanks to a lack of rain in the south and west
Are rains too late to save Brazil's coffee crop?

Brazil's coffee plantations are to receive long-awaited rains. But Judith Ganes-Chase says drought has already caused "serious harm"

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