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Morning round-up, Friday January 17


* Uganda’s Coffee Development Authority said on Friday that December exports reached a total of 330,248 60-kilogramme bags.


This is up 5% from last December’s 314,439 bags.


The authority said that an increase in production due to favourable weather and more matured plants helped boost the country’s exports.


Uganda expects to ship around 5.2m bags for the 2019-20 season.



* According to Malaysia’s Palm Oil Board, the country’s national customs department revised the crude palm oil export tax for February to 6%, up from 5% in January.



* Case mediator, Ken Feinberg told Bloomberg that he was optimistic that Bayer could reach a deal to settle more than 75,000 Roundup cancer claims in about a month’s time.


Mr Feinberg did not mention the terms of the possible settlement but did say that the number of cases had grown to between 75,000 and 85,000 and “maybe more”.



* Reuters reported on Thursday that COFCO International’s head of grains, Paul Bateson has resigned.

Mr Bateson held the position since 2018 and previously worked for Bunge and Nidera.



* Buenos Aires grains exchange has lowered its forecast of Argentina’s soy planting area to 17.4m hectares from 17.5m hectares.


It blamed low rainfall in the country for its estimate cut.


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