🍫 For next two weeks there will be good rains in all major #cocoa plantations. 🚨
It is expected that production estimates will be raised. They will also be raised as there are huge money injections in new plantations as well as injections in existing (fertilizers, pest.) #oatt
One more thing we have missed at 🍫 #cocoa market is that while end of month stocks are not at their finest but they are not that bad. We remain at 4 mio bags, and if we add company stock buildup, then they are not even at all time low. Production lines will be on time. #OATT
Wheat prices have been up in recent days following not so great 🇺🇸 crops conditions and 🇷🇺 frost risk. Northern hemisphere weather market is on and 🇦🇺 prices are a bit behind. There is old crop to sell. Check next month prices chart and the 🧵 #agchatoz#oatt#wheat#ASX#CBOT
This morning's beef export sales data for the week of April 15th showed that China purchased 4,621MT or the largest volume in 14 weeks. The large sales volume brought year-to-date beef export sales to China up 1% from 2023. #beef#cattle#oatt
