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Poor quality of US soft red winter wheat crop laid bare

The rain-beset crop of soft red winter wheat - the type traded in Chicago - is on key quality measures the worst in at least 20 years

New Zealand dairy herd to shrink for first time in a decade
Dairy farmers, beset by low milk prices, "are cutting their total cattle numbers by 3-6%", US officials say - even as a milk price uptick may be nigh
AM markets: Russia worries lift wheat. China woes dent corn
Wheat futures manage a firm start to September, helped by concerns over dryness in Russia. But China factors weigh on corn and soy, and on crude too
Hedge funds extend sell-down in ags, amid China worries
Funds sell-off soybeans, a huge Chinese import. Still, they make an even bigger sale in coffee - in which they are at risk of being wrong-footed again
Ghana cocoa output to rebound from 20% slump, says ICCO
The second-ranked cocoa growing country will achieve a larger harvest next season, the ICCO says, as it cuts its output deficit forecast for 2015-16
Venus knocks $5 a tonne off wheat to win Egyptian order
The offer highlights the competitiveness of Black Sea supplies - deepening fears over logistics in France, which is struggling to shift a huge harvest
ABN upbeat on cocoa, coffee prices, more cautious on sugar
The bank says "bullish arguments for coffee have increased" and flags the potential for cocoa market upset from Ivory Coast elections
IGC lifts US sorghum export hopes, despite current slow pace
The IGC lifts expectations for coming season, despite fears that US exports may miss forecasts in the current season
Brazil soy sowings to set record after all - but doubts over yield
Weakness in the real is proving a mixed blessing for Brazilian farmers - protecting them from low Chicago crop prices, but lifting input costs
Clouds ease over German wheat, French corn crops
Official data show the German wheat harvest falling less far than had been thought, while France's corn crop shows a rare condition improvement
Egypt snaps up Russian wheat at a bargain price
Gasc buys wheat at the lowest price in years from Russia, which has vowed to corner the Egyptian import market - the world's largest
UK downpours fail to dampen wheat harvest hopes
The EU's third-largest wheat producer remains on course for a harvest strong on yield and quality, despite rains of nearly triple average levels
World grain stocks to hit 29-year high, says IGC
The IGC ditches ideas of a drop in global grain stocks in 2015-16, upgrading its estimate for wheat output in line with last year's record high
Live cattle prices hit 13-month low. What next?

In fact, beef signals suggest live cattle price revival. Should markets be worrying that feeder cattle are poised for a "multi-year bear market"?

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