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Coffee soars. But Cindy proves mixed blessing for row crops

Arabica coffee enjoys its best day in a year, after being "oversold" last time. Tropical Storm Cindy offers cotton some help, but hurts corn, soybeans

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SocGen calls time on bearish arabica bet - as premium hits historic low
The bank closes a call for investors to bet on a shrinking arabica premium over robusta coffee - as the gap hits its lowest since 2008
French wheat crop rating tumbles as heatwave saps crops
... but the prospect of more benign weather ahead prevents much of a rally in Paris wheat futures
Argentina issues soy, wheat downgrades - but ups corn harvest
The South American ag powerhouse trims its wheat sowings estimate close to figures from other forecasts. But corn output will hit a record
Ideas of harvest delays price Russian wheat out of Egyptian tender
Russian wheat misses out at a tender by Egypt's Gasc for only the second time in a year. Romania, Ukraine win orders. French is cheaper too
Tereos underlines industry scramble to exploit EU sugar shake-up
The world's third largest sugar producer sees a 25% surge in its beet volumes in its key French market, as the sector braces for quota removal
New Zealand milk output to pull out of decline, as prices recover
... to judge by a forecast from sector giant Fonterra. Still, milk output will remain below record levels, amid some farmer debt struggles
UK turns net wheat importer, as ethanol plant demand surges
UK wheat imports this season will exceed exports for only the fourth time in 25 years, officials say, flagging growing biofuels demand
Ribeye prices hit record, as quest for fat spreads to meat from dairy
Ribeye steak prices follow butter in soaring as "consumers vote for more flavour" - as long as it comes from fat rather than sugar
Could Zimbabwe return to being a net corn exporter?
The country, once famed for its agricultural production, has revealed plans to return to exports by 2020. But is this really likely?
Early spring, weaker harvest undermines Wynnstay recovery
The pets-to-grain trading group cautions over margin pressure, as it reports rising half-year revenues in agriculture, but declining profits
NWF overcomes feed sector headwinds to achieve trading growth
The storage-to-fuel group says that the performance of its feed division improved markedly in the second half of the financial year
JBS plans sale of Moy Park, amid $2bn asset sell-off
JBS, seeking to bolster its balance sheet after scandals at its holding company, unveils plans to sell the poultry producer, and a dairy asset
Features and market reports
Wheat quirk questions case for getting bearish on feeder cattle
Feeder cattle supplies may not be as strong as they appear from bumper feedlot placements - which reflect a knock-on effect of low wheat prices
Featured market report Coffee soars. But Cindy proves mixed blessing for row crops
Arabica coffee enjoys its best day in a year, after being "oversold" last time. Tropical Storm Cindy offers cotton some help, but hurts corn, soybeans
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