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EU wheat output to fall, despite bumper French harvest

A rise in French wheat output to one of the best ever will not save the EU harvest from decline, says Coceral. Corn and rapeseed output will fall too

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IGC upbeat on US soy sowings, despite falling premium to corn
The International Grains Council issues an above-consensus forecast for US soybean plantings, but notes a reduced soy:corn price ratio
ICL buys Allana Potash, in quest to expand abroad
The Israeli potash group seals an agreed bid for Allana, which has a site in Ethiopia - and had announced talks with fertilizer giant Yara
UK wheat data underline 'need' for pick-up in exports
The UK must export some 500,000 tonnes of wheat a month to avoid a build-up in stocks, with price implications, HGCA data suggest
FirstFarms sees milk price staying low for 2015
Farm operator FirstFarms forecasts a sharp retreat in profits this year, in part down to an expectation of lower milk prices
Louis Dreyfus working on fresh strategy, as profits stabilise
The commodities giant, unveiling a small rebound in earnings, says it is "building a renewed strategy, launching into the next 10 years"
World corn harvest to drop 'sharply' in 2015-16
The IGC, in its first corn estimates for next season, sees falling output, and stocks. But global grain inventories will remain "comfortable"
Indonesian palm oil stocks set for record highs
Indonesia's palm output will keep rising in 2015-16. But consumption growth will not keep pace, US officials say, casting doubt on a biodiesel drive
Low prices to drive UK potato sowings to all-time low
Produce Investments, owner of potato packer Greenvale, sees a drop in sowings, in the face of what one broker terms a "perfect storm"
Farmland Partners unveils $80m US land purchase
Shares in the land investor hit a seven-month high after it takes its portfolio to nearly 68,000 acres, and heralds a raised dividend
OCP profits fall despite fertilizer boost to sales
The Moroccan group, the world's biggest phosphates exporter, reveals higher costs from a move towards producing higher-value products
Lindsay shares drop as profits fall short of forecasts
The irrigation machinery manufacturer blames low commodity prices for falling sales and earnings
Coffee prices rise, as FCStone sees drop in Brazil's output
FCStone enters the debate on Brazilian coffee production prospects by siding with commentators seeing a drop in output
Features and market reports
US corn price may see 'sharp rise' as yield falls
The previous four times US corn yields have set records, the result the next year has been significantly lower. Is this fate in store for 2015?
Featured market report Wheat revives a little in uncertain pre-weekend trading
The prospect of a weekend, US data and the rising seasonal importance of weather leaves grain markets cold. Sugar trades decisively - downwards
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