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StanChart echoes SocGen and cuts wheat price hopes

Standard Chartered cuts its hopes for wheat futures below levels investors are pricing in, following a similar move by Societe Generale

Caution over dairy market despite milk price rise
Dairy prices at GlobalDairyTrade break a losing spree, with milk values rising. Still, there is no sign yet that Chinese buyers have returned
Brazil's cotton exports to miss forecast by a mile
Brazil is to spurn its chance to overtake Australia in cotton exports, as low prices deter farmers
UK a net wheat importer for 26th successive month
The UK opens 2014-15 with wheat imports still exceeding exports. But is that about to change? Rapeseed shipments make a flying start to the season
Frost hurts S Australia wheat but a boon to canola
Severe frost has reduced South Australia's wheat harvest prospects to well below 2013 levels. But for canola, cold weather has killed off pests
Brazil upgrades coffee crop - but robusta only
The Conab bureau lifts its estimate for Brazil's robusta coffee output, and flags decent prospects. For Arabica growers, the picture is not so rosy...
Rout in sugar futures not over yet - Abares
The commodities bureau forecasts sugar futures averaging their lowest in five years in 2014-15 - implying further price falls to come
US wheat sowings start apace - except in Corn Belt
US growers are a little ahead of normal on winter wheat plantings. But the overall figure disguises regional differences
Australia cuts wheat export forecast to 5-year low
Abares, noting reduced Chinese import needs, cuts its forecast for Australia's wheat shipments, and trims ideas of canola exports too
Russian import curbs hurt EU pork exporters
Russian curbs on Western ag exports hold little threat for the European Union beef industry. But that is not the case for the pork sector...
Cargill sues Syngenta over China corn rejections
Cargill claims Syngenta cost it more than \$90m by selling in the US a GM corn seed which Chinese authorities have refused to accept in imports
Russia demand spurs Brazil beef, pork export hopes
Russia's quest for fresh meat supplies, after bans on EU and US exports, comes at an opportune time for Brazil's industry, facing a soft home market
Farmland Partners' land-buying spree tops $50m
The land acquisition group unveils purchases in Nebraska and Louisiana, taking above 20,000 acres its acquisitions since it floated in April
Nut prices, elevated by weather setbacks, 'to stay high'

Prices of the noble nuts, like almonds, will stay supported, after weather setbacks in California and Turkey. But "common" nuts - forget it, Olam says

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