Diseases and heat increase cocoa prices by more than 200%
With bottlenecks in global supply, cocoa continues to be the product that is gaining the most on international stock exchanges. A survey carried out by Notícias Agrícolas shows that in the last year the most traded contract in New York advanced more than 200%. The drop in production in Africa, the main origin of the product, justifies such significant values. According to Rafael […]
Lower estimates lift Russian crop contracts
This week's Hedgepoint Global Markets Grains and Oilseeds report addresses the significant increases in wheat futures contracts. “In a market that is extremely short on contracts traded in Chicago, bullish fundamentals can be boosted by “covering” moves on these short positions – and the headlines coming out of Russia seem to have succeeded […]
