ACMR analyst Charlie Clack takes a fresh look at the global cotton market, and Australia’s position in it, during a time of excellent global prices and respectable returns for growers. With global acreage on the rise and softening synthetic prices, where do the opportunities lie in a more challenging market environment?Read more
Revisions in our numbers yielded smaller global deficits in 2015/16 and 2016/17, but an increased deficit in 2017/18. It is still too early to calculate 2018/19 S/D, but given normal weather we should see a large surplus, especially in arabicas.Read more
The USDA’s March 2017 Grain Stocks & Prospective Plantings reports were slightly bullish for corn neutral for wheat, and bearish for cotton and soybeans. Quarterly grain stocks to 1 March for corn, wheat, and soybeans were all reported slightly above average trade estimates but all well-within their respective expected ranges.Read more
A speculative move surprised the coffee market this quarter, taking ICE Arabica...