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Russian wheat wins Egyptian order. But US cheapest

Egypt's Gasc grain authority turns to Russia for all its needs at its fourth tender this month. But US wheat is offered cheaper - excluding freight

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Corn price tumble sends Valero profits higher
Valero flags the boost to ethanol groups from low corn prices. But they could be doing even better, were it not for soft DDG markets, says Linn Group
Bull market in cattle 'to last for years'
Cattle futures may wobble near-term, as the expense of beef compared with pork makes consumers think twice. But further gains lie ahead, says SocGen
US timberland prices gain, despite lumber slowdown
Growth in timberland prices nudges higher, con contrast to a slowing farmland market, despite concerns over demand for US and Chinese construction
Return of dry weather 'crucial' for German wheat
Germany's wheat harvest has yielded well so far. But dryness is needed to ensure the "desired quality", the DBV says. And more rain is in the forecast
Hedging protects New Britain from palm price drop
The palm oil producer, unveiling rising profits, highlights the threat to prices of the vegetable oil from a lowered El Nino threat
German wheat result looks ever more crucial for EU
Germany's wheat harvest outcome may carry especially large weight this year, given the clamour for higher quality wheat amid a rain-affected harvest
Fonterra warns farmers as it cuts milk price hopes
The group cautions over farm budgets as it lowers its milk price forecast, acknowledging rising Chinese stockpiles. Will the forecast be cut further?
Livestock futures to underperform crops - Goldman
The bank lifts forecasts for cattle prices, but to levels below the futures curve. Indeed, livestock markets' outperformance of crops is to reverse
Hot spell, plus 4-inch hailstones, test US crops
US corn and soybean crop condition declines, as higher temperatures and hailstones "nearly the size of a softball" take a toll. But cotton improves
Corn and wheat prices offer 'sound value' - ANZ
Australia & New Zealand Bank joins commentators foreseeing an end to grain market falls, saying that improved harvest prospects are "fully priced" in
UK 'to replace France' selling wheat to Algeria
French wheat exporters strike an early blow against UK rivals, winning feed business in Ireland. Will the UK take, unusual, milling wheat business?
Hedge funds 'close to exhausted' in selling wheat
Hedge funds turn more bearish on agricultural commodities again. Is there appetite for more selling? Questions are raised over cotton, sugar, wheat...
Feature
Smucker lifts coffee price - as futures enter bear market

The owner of the Folgers brand backs its credentials as a contrarian indicator, lifting its coffee price to customers as futures extend losses

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