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Sugar prices have bottomed, says Morgan Stanley

Prices are unlikely to fall back to their August lows, as the market's exposure to the Brazilian currency finally wanes

French wheat loses Egyptian tender - but gains consolation
Gasc opts for Russian and Ukrainian wheat at its latest tender, overlooking French supplies. Still, at least it has not, yet, raised protein specs...
Hedge funds make positive shift in ag bets, led by sugar
Speculators cut sharply short positions in ags - notably in soyoil, and in sugar in which they turn their most upbeat on prices in 14 months
EU will need new markets for its rising pork production
With supply set to outstrip demand, Asian markets will be key for the European pork industry, Rabobank says
Coffee sector faces consolidation wave, industry bosses say
Giuseppe Lavazza and Andrea Illy, the heads of two of Europe's top coffee groups, forecast further tie-ups in a quest to boost growth prospects
NZ milk output to fall at fastest since at least 1990s
A New Zealand milk production drop, which has been a big factor in reviving dairy prices, is to prove even bigger than thought, BNZ says
Guatemalan coffee sector needs 'revolution' in face of low prices
The Central American country's coffee industry has already undergone one transformation this century. Now it may need another, an industry leader says
Hike in Ivory Coast cocoa price puts pressure on Ghana
The world's largest cocoa grower, which has just taken a record crop, has not granted an export license for major trader Sucden in the new season
Potash demand to rise, after long-term application shortfall
Depleted soil in North America could double potash demand, with long-term nutrient imbalances in China and India as well, PotashCorp says
Coffee groups paying rich premium to sidestep market volatility
The head of Nestle's Nespresso arm says it is paying 30-40% above market for coffee in a drive to help growers and secure supplies of quality beans
Coffee growing to suffer 'significant loss' to climate change
Climatologist Jeffrey Sachs, advisor to the UN secretary general, says the finding coffee land to replace that lost to climate change may not be easy
Australian wheat prices rise, as dryness worries revive
NAB raises its forecast for the Australian wheat crop, but to a level well below the official forecast, as hopes for the harvest retreat
Wheat futures revive, as US downgrades harvest
US officials cut hopes for the domestic wheat crop by more than forecast, seeing stocks lower than thought too. Corn, soy data prove less bullish
Will La Nina come hard on the heels of El Nino?

A rapid cooling of the eastern Pacific next spring could herald a La Nina - which has a habit of causing droughts, and crop troubles

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