Rain damage to EU wheat ups estimate for feed use

The IGC sees a jump in EU wheat fed to livestock, in one of the first attempts to quantify quality damage. World grain stocks will hit a 15-year high

Bunge profits beat forecasts despite Brazil hurdle
Bunge unveils earnings ahead of expectations and forecasts a continued strong performance - despite Brazilian growers' reluctance to sell corn
South Africa corn exports to hit 20-year high
The country's corn exports will get support from a bumper harvest, a weakening rand and a collapse in prices far more severe than that seen in Chicago
Potash price gains to stick despite corn's retreat
Intrepid Potash unveils a return to potash price growth and says values will hold, despite the lower crop prices curtailing farm incomes
Bull market in cattle 'to last for years'
Cattle futures may wobble near-term, as the expense of beef compared with pork makes consumers think twice. But further gains lie ahead, says SocGen
Russian wheat wins Egyptian order. But US cheapest
Egypt's Gasc grain authority turns to Russia for all its needs at its fourth tender this month. But US wheat is offered cheaper - excluding freight
Corn price tumble sends Valero profits higher
Valero flags the boost to ethanol groups from low corn prices. But they could be doing even better, were it not for soft DDG markets, says Linn Group
US timberland prices gain, despite lumber slowdown
Growth in timberland prices nudges higher, con contrast to a slowing farmland market, despite concerns over demand for US and Chinese construction
Return of dry weather 'crucial' for German wheat
Germany's wheat harvest has yielded well so far. But dryness is needed to ensure the "desired quality", the DBV says. And more rain is in the forecast
Hedging protects New Britain from palm price drop
The palm oil producer, unveiling rising profits, highlights the threat to prices of the vegetable oil from a lowered El Nino threat
German wheat result looks ever more crucial for EU
Germany's wheat harvest outcome may carry especially large weight this year, given the clamour for higher quality wheat amid a rain-affected harvest
Agco cuts profit hopes as tractor demand 'softens'
The maker of Fendt equipment takes "aggressive actions" to cut costs amid an industry downturn which prompts it to cut profit and revenue forecasts
Fonterra warns farmers as it cuts milk price hopes
The group cautions over farm budgets as it lowers its milk price forecast, acknowledging rising Chinese stockpiles. Will the forecast be cut further?
Features and market reports
Leaves and weeds provide sweetener for hard-up sugar mills
"Vegetal impurities" may not be much good for making sugar or ethanol. But they are proving invaluable nonetheless for mills in Brazil's Centre South
Featured market report Morning markets: coffee prices jump. But grains retreat anew
Coffee futures get a boost from further downbeat assessments of Brazil's output, both for 2014 and 2015. But grains struggle. Can US export data help?
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