Agrimoney: The big news by Pfizer and Germany’s BioNTech that their Covid-19 vaccine has been found to be more than 90% effective lifted some commodity markets, but not all. Here's what happened: https://t.co/k20J20eDVH
Agrimoney: Chinese buyers “are making a lot of inquiries” about US ethanol, @ADMupdates said, highlighting their demand too for corn and meal, and foreseeing “continued strength” in soy crush margins.
More here: https://t.co/BQA8goEqya
Agrimoney: Wilmar International confirmed an investor payout from the $2.05bn raised from its China IPO, but at a lower level than many analysts expected, in a briefing which was upbeat on prospects for palm oil prices.
Here's more on this story: …
Agrimoney: In other, equally divisive election news, Ivory Coast's President Alassane Ouattara has won a third term. Could his election lead to unrest in the world's top cocoa producer like it did in 2010?
We investigate in our new white paper: …
Agrimoney: RT @IGCgrains: Despite outlooks for expanded feeding requirements, as hog producers rebuild herd sizes following the ASF outbreak, China’s #soybean imports may edge lower in 2020/21 following record arrivals over the prior year.
Agrimoney: Last week hedge funds extended their record buying spree in ags to a 14th successive week – although this time meeting enhanced producer selling, notably in corn, encouraged by higher prices.
Here's our full report: https://t.co/WOxAGBEphp
Agrimoney: According to reports, Ivory Coast President Alassane Ouattara is leading the polls in an election that has already been marked by deadly violence.
Should the global cocoa supply chain be worried?
#Agrimoney's Gary Mead has more in his new w…
Agrimoney: North American corn sowings will fall “slightly” in 2021 for the first time in three years, @KWS_Group said, as it unveiled an earnings fall and forecast “subdued” growth ahead, extending a decline in its share.
More on this story here: …
Agrimoney: Some previous polls have brought political unrest, with big market impacts. Agrimoney’s Gary Mead, in our new in-depth analysis report, discusses what might be on the cards this time.
Get the report here: https://t.co/Jo2rhyTeCP
Agrimoney: More than a third of the world’s cocoa supply comes from Ivory Coast. Given that it has suffered 2 civil wars, it is in an inescapably precarious position for the global cocoa bean trade.
How will today's elections affect trade?
More in ou…
Agrimoney: Should the cocoa supply chain be worried about today's presidential elections in the Ivory Coast?
The country's disputed 2010 election led to a civil war, thousands of deaths, and stoked a massive spike in cocoa prices.
More in our new repor…
Agrimoney: Phosphate and urea fertilizer prices are rebounding in an effort to attract Chinese exports and meet demand supported by Brazil, where record crop values are boosting farm profits, and India, blessed with a strong monsoon.
Full report here: https://t.co/ytetjNEkqs
Agrimoney: Tomorrow cocoa powerhouse Ivory Coast heads to the polls to choose a new president. Considering the ethnic violence that broke out after the 2010 election, should the cocoa supply chain be worried?
Agrimoney's Gary Mead takes a look in our ne…
Agrimoney: Hedge funds bought “big” in grains amid ideas of tightening supplies spurred by weather worries and US crop downgrades – but producers are selling heavily too, with their hedging through derivatives hitting a record high.
We covered it here: …
Agrimoney: The wheat crop in Australia’s top grain growing state has taken a “substantial” yield hit thanks to spring dryness, the @GrainIndustryWA said, cutting forecasts for barley and canola output too.
More: https://t.co/40E7A4YZXv