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Milk prices fall, against expectations

Prices at the GlobalDairyTrade fall back, although whole milk powder continues to extend its premium to skimmed

Auctions will draw down Chinese cotton stocks to a 5-year low
China's massive cotton stocks are set to fall, as the government draws down its inventories, and pares imports to the bone
EU sugar stocks higher than thought, US officials say
Production quotas left sugar mills with massive unsold stocks at the start of this season, while production is set to rise 17% next marketing year
World grain stocks to hit record levels next season
The IGC upgrades its forecast for wheat and corn production, raising the possibility of a record grain glut
Chinese dairy demand rallies, world production stabilises
The rate of dairy production growth in Europe is easing, Fonterra says, as it notes rising Chinese import demand
Sugar futures fall, as Brazilian harvest makes a record start
Sugar futures fell as cane crushers in Brazil's Centre South reported a huge start to the season, and issued their first full season forecast
Soybean price outlook remains bearish, Rabobank warns
Despite the short-term rally, Rabobank remains bearish on soybean prices, as it forecasts US stocks to grow
Mars boosts EU wheat and rapeseed crop prospects
Prospects for winter sown crops have lifted, thanks to favourable weather in the bloc's top wheat growers
Supply fears lifts EU sugar market
Slumping production, and lower-than-expected imports, are driving up EU sugar prices, Commerzbank said
Hedge funds buy grains at fastest rate in six years
There was rapid buying by managed money in the grain complex last week, with hedge funds the most bullish on soybeans for two-years
Cocoa price hits 2016 high, as Asian grind rises
Asian cocoa processing was stronger than expected this year, as cocoa futures extend their recent rally
Canadian wheat sowings to beat forecasts. But canola acres to drop
A fall in Canada's spring wheat area will be offset in part by durum and winter wheat acres. Canola sowings will, unexpectedly, fall, StatsCan says
ICO flags support to robusta prices from Brazil, Vietnam dryness
"Potential supply concerns are mounting" in coffee, particularly for robusta beans, the ICO says, amid setbacks in major growing areas
Argentine farmers find it tricky to kick their silo bag habit

The temporary storage sacks look like staying popular, despite reforms which were supposed to have cut enthusiasm for hoarding crops

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