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CALCULATORS
World grains harvest upgraded to within an ace of record high

The IGC hikes its estimate for world grains output thanks in the main to better prospects for corn - stocks of which will rise after all

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South American soy crush margins under pressure, Bunge says
Soybeans are becoming harder to source in Argentina and Brazil, Bunge says, pressuring crush margins there
Romanian wheat prices rise, overtaking Russian ones
Results of a tender by Egypt's Gasc authority show contrary moves in Romanian and Russian wheat prices - and a dearth of offers from France
Rain raises concerns, as well as hope, for Australian wheat
Rabobank raises the bar on forecasts for Australian wheat production, but cautions over rains which officials say are should stay abundant
South African wheat sowings show rare increase
Farmers have raised sowings for a second successive year for the first time since 2001, say officials, nudging higher corn and soy crop estimates
Rabobank warns of cotton market correction...
... but the outlook for cotton prices is still bullish long-term, thanks to the global production deficit of the fibre
Rabobank sees wheat, corn futures in 'race to the bottom'
The bank slashes its price outlook for Chicago wheat and corn, citing a "global glut" of feed grains
French woes to depress EU wheat exports to four-year low
... say USDA officials, noting quality as well as quantity setbacks. But a separate report shows caution on views of Russia picking up the slack
CBH plans 'emergency' storage in face of bumper Aussie grains harvest
Australia's top grains exporter flags talk of "high" crop yields, and a switch by growers to wheat from coarse grains
European wheat yield hopes lifted, but not in France
The EU's crop monitoring service lifts European wheat prospects, although rain prompt another downgrade for France
UK harvest prospects 'modest', says EU, noting 'high' pest pressures
Officials flag a double whammy to UK cereals prospects, thanks to "above-average rainfall levels, below-average radiation and high humidity"
Hedge funds sell ags again - but wheat shorts 'in trouble'
Hedge funds extend their selling spree in ags to the longest of 2016 - and there may be more to go in soy. But has wheat price gloom gone too far?
Double dent to NZX from dairy market downturn
The exchange operator reports an accelerating drop in dairy derivatives volumes, and in magazine ads too. Still, equity, debt listings rise
Feature
Three ways to profit in agriculture from Brexit

The supersize change presented by Brexit will bring, besides dangers, agricultural opportunities too - in areas from legumes to logistics

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