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Rabobank sees wheat, corn futures in 'race to the bottom'

The bank slashes its price outlook for Chicago wheat and corn, citing a "global glut" of feed grains

French woes to depress EU wheat exports to four-year low
... say USDA officials, noting quality as well as quantity setbacks. But a separate report shows caution on views of Russia picking up the slack
Rabobank warns of cotton market correction...
... but the outlook for cotton prices is still bullish long-term, thanks to the global production deficit of the fibre
South African wheat sowings show rare increase
Farmers have raised sowings for a second successive year for the first time since 2001, say officials, nudging higher corn and soy crop estimates
CBH plans 'emergency' storage in face of bumper Aussie grains harvest
Australia's top grains exporter flags talk of "high" crop yields, and a switch by growers to wheat from coarse grains
European wheat yield hopes lifted, but not in France
The EU's crop monitoring service lifts European wheat prospects, although rain prompt another downgrade for France
UK harvest prospects 'modest', says EU, noting 'high' pest pressures
Officials flag a double whammy to UK cereals prospects, thanks to "above-average rainfall levels, below-average radiation and high humidity"
Hedge funds sell ags again - but wheat shorts 'in trouble'
Hedge funds extend their selling spree in ags to the longest of 2016 - and there may be more to go in soy. But has wheat price gloom gone too far?
Double dent to NZX from dairy market downturn
The exchange operator reports an accelerating drop in dairy derivatives volumes, and in magazine ads too. Still, equity, debt listings rise
Chinese demand could signal green shoots for dairy prices
...but significant price recovery is unlikely this year, as heavy skimmed milk powder stocks continue to cap price rallies, US officials warn
Brexit threat to ag prices not over yet
A leading US rural economist signals longer-term pressure on - dollar-denominated - ag commodity prices from the UK's exit from the EU
Ideas wane on Argentine wheat revival - but corn hopes grow
Argentine wheat sowings forecasts get a double downgrade, even as corn area ideas grow. On soybeans, seed quality problems emerge
Starbucks slows pace of coffee buying, even as prices rise
The coffee giant, unveiling results which fall short on some metrics, reveals it has slowed its pace of bean buying by more than one-third
Three ways to profit in agriculture from Brexit

The supersize change presented by Brexit will bring, besides dangers, agricultural opportunities too - in areas from legumes to logistics

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