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Canada cuts wheat, canola crop hopes - upbeat on durum, oat prices

Canada's farm ministry, blaming dryness, lowers grain harvest forecasts, and raises durum price hopes. Oat futures have a "bullish outlook"

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'Much steeper sugar price fall' needed to curb ideas of Brazil output rise
... says Green Pool, as it becomes the second commentator in five days to lift expectations for the world sugar production surplus in 2017-18
Soyoil futures jump, after US curbs biodiesel buy-ins
... from Argentina and Indonesia, but rival palm dips on fears of a back-up of Asian supplies. Canola, soy get a lift. Will Harvey prove a bollbanger?
DBV reveals cost to German wheat, rapeseed growers of late rains
The farmers' association cuts its forecasts for Germany's harvest of both crops to below year-ago levels - and warns of quality damage too
Astarta conflicts with ISO on outlook for Ukraine sugar exports
Astarta sees Ukraine as a a "structural and sizeable" sugar exporter - while the ISO forecasts a sharp drop in shipments next season
Illinois deterioration dents comfort in US corn, soy crop ratings
Headline US crop ratings meet market forecasts - but the data disguise large shifts in state readings, including notable Illinois declines
EU backs hopes for strong Russian harvest of corn, as well as wheat
Official researchers see a "positive" outlook for Russian corn yields, and upgrade the EU's own crop too. But Ukraine hopes are downgraded
Commerzbank flags doubts over sugar price recovery
Sugar prices extend their recovery, spurred by factors including talk of end-user demand. But Commerzbank urges caution over the revival
Hedge funds pile up bearish bets on ags, as supply hopes revive
Hedge funds add short bets in ags at the fastest pace since 2015, with bearish positioning on sugar hitting a record. Coffee, hogs escape
Canola price premium over soybeans 'may rise further still'
... from current "hefty" levels, Commonwealth Bank of Australia says, underlining Canada, Australia dryness fears. What will key data show?
With at least average canola yield in Europe, trade looks to Canada
With an average EU canola harvest likely, traders look to Canada to see how the crop there has coped with the extreme weather in North America
South American farm recovery drives John Deere growth
Tractor maker John Deere says farm machinery demand in South America is outstripping that in North America and Europe as incomes there recover
Crop values consolidate as sales data supports futures
Wheat, corn and soya futures are off the week's lows in the US, as old and new crop orders start to put some structure to the new crop picture
Features and market reports
Parachute pants help throw light on butter price surge
Why have butter prices hit record highs? EU dairy policy is part of the answer. But so is the story of break dancing, mullets and power dressing
Featured market report Soyoil futures jump, after US curbs biodiesel buy-ins
... from Argentina and Indonesia, but rival palm dips on fears of a back-up of Asian supplies. Canola, soy get a lift. Will Harvey prove a bollbanger?
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