Commodities

Global sugar prices down due to expected surplus

Global sugar prices down due to expected surplus

By Oliver Nieburg

Worldwide sugar prices have fallen in the second quarter (Q2) of 2012 as the market is projected to record a surplus for the next two seasons, according to Rabobank International.

Commission gives green light for major sugar industry takeover

Breaking News

Commission gives green light for major sugar industry takeover

By Oliver Nieburg

The European Commission has cleared the acquisition of the world’s largest sugar trader ED&F MAN by Europe’s largest sugar producer Südzucker and said it would raise no competition concerns on one condition.

Source Flickr - cstrom

Blommer predicts looming cocoa supply crisis

By Oliver Nieburg

Demand for cocoa is expected to climb 30% in the next 10 years creating a 25% shortage of current supply, according to North American cocoa processor and chocolate ingredients supplier Blommer Chocolate Company.

Wheat prices rise although FAO reports near record crop for 2012

Wheat prices rise although FAO reports near record crop for 2012

By Oliver Nieburg

The UN’s Food and Agriculture Organization has reported a rise in cereal prices from January to February with wheat prices raising the most. However the second highest wheat crop is forecast for 2012, which could bring prices down.

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