Cocoa Advances on Dry Weather in West Africa; White Sugar Rises
(BusinessWeek) - Cocoa gained in London on speculation dry weather will damage the next crop in West Africa, the world’s main growing region. White sugar rose and Full Story
(BusinessWeek) - Cocoa gained in London on speculation dry weather will damage the next crop in West Africa, the world’s main growing region. White sugar rose and Full Story
Category: Oilseeds
(Agriculture.com) - Brazil could consistently grow more soybeans than the U.S. as soon as 2015, the head of soy Full Story
(Wall Street Journal) - U.S. wheat futures settled at a 13-month low Monday, pressured by uncertainty about export Full Story
(Businessweek) - Palm oil advanced as output in Malaysia, the largest producer after Indonesia, probably expanded Full Story
Category: Cocoa
(Wall Street Journal) - Cocoa futures rose more than 3% as forecasts for dry weather in West Africa, the world's biggest source of cocoa beans, spurred buying. Cocoa for delivery in September on ICE Futures U.S. gained 3.2% to end at $2,364 a ton, the same settlement high hit on July 19. Full Story
(Baking Business) - The U.S. Department of Agriculture said sugar processors repaid $16.3 million in federal loans Full Story
Category: Grains
(Agriculture.com) - Wheat markets continued to try to fend off the pressure from corn and beans, managing to hold the early Full Story
Category: Grains, Miscellaneous, Oilseeds
(AgWeb) - With the exception of wheat, agricultural commodities were lower this week as cool temperatures combined with increased rainfall totals are Full Story
(Businessweek) - Corn reached a 34-month low in Chicago as cool weather and moist soil boosted optimism that the harvest will climb to a record in the U.S., the world’s biggest producer of the grain. Full Story
Category: Policy
(Food Business News) - The Food and Drug Administration has issued a final rule defining gluten-free for voluntary food and beverage labeling. In order to use the term on its label, a food must meet all of the requirements of the definition, including that the food must contain less than 20 parts per million of gluten, according to the agency. The rule also requires foods with the claims “no gluten,” “free of gluten,” and “without gluten” to meet the definition for “gluten-free.” Full Story