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Hedge funds eschew net short on ags, as sugar's appeal grows

Hedge funds extend bets on falling grain prices, amid Argentina fears. But on sugar, bullish positioning hits a two-year high

Aussie rains too late to help wheat - but boost to cotton, sorghum
Abares cuts its forecast for the ongoing Australian harvest of winter grains, such as wheat. But it hikes hopes for summer crops cotton and sorghum
AM markets: ethanol rethink helps corn, pulling wheat up too
Grains start December firm, helped by a boost to mandated US ethanol usage, implying extra corn demand. Can corn cut its discount to wheat below \$1?
Illovo looks to Africa to replace lost EU sugar sales
Prospects for sugar exporters to the EU look poor, given the likely effects of the bloc's 2017 reforms. But African sugar demand is growing fast
Rabo bullish on cattle, hog prices
The cattle market will be "substantially less volatile" next year, while disease and El Nino could rally prices, the bank says
Cotton, sugar 'best crop bets' for 2016 - cocoa the worst
Crop futures have reached a bottom, Rabobank says. But that does not meant that a sharp recovery in prices is in the offing for most contracts
Trigon Agri counts cost of Ukraine drought, Russia land deal
The farm operator underlines the dent to its autumn-sown crop in Ukraine from drought, as it unveils a record loss, thanks to a Russian land sale
ICCO revises view of cocoa market from deficit to surplus
Cocoa production has outstripped supply, the ICCO says, while output from Ghana will recover this season thanks to government reforms
New Zealand's seasonal milking peak better than expected
Dairy futures fall on better-than-expected New Zealand milk figures, as Fonterra bears the brunt of the production slowdown
UK wheat sowings up after all, says owner of Agrii chain
Origin Enterprises is more upbeat on wheat area than a key survey - and less downbeat on rapeseed sowings. It unveils Poland, Ukraine estimates too
Drop in almond prices is over, Select Harvests says
Almond prices, down some 25% from their summer peak, will remain elevated by historical standards, the Australian grower says
South Africans pray for rain as corn price hits 20-month high
Yellow maize futures hit their highest since March last year, boosted dryness which would be the "beginning of a severe drought"
Shipping slump helps French wheat win Egyptian order
Egypt's Gasc buys its biggest order of French wheat in seven months, as tumbling shipping costs erode Black Sea exporters' geographical advantage
Feedlot losses to last into 2016 - adding to pressure on cattle prices

Meat packers have the season on their side. But there looks no imminent relief for feedlots, which have already been running in the red for a year

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