SINGAPORE/BEIJING, May 31 (Reuters) – China’s soybean importers are pushing to postpone or cancel cargoes mainly ordered from suppliers in Brazil as they rack up hefty losses processing the commodity into cooking oil and animal feed ingredients, said three trade sources. China, which buys around 60 percent of soybeans traded worldwide, took advantage of strong […] Read more
Stories by Naveen Thukral
Hot weather hits India’s wheat crop
NEW DELHI, India – Unusually hot weather in northern and central India is likely to hit the country’s wheat crop, which is getting ready for harvest, a top farm scientist reports. “The wheat grains were shaping very well and the country was likely to produce a record crop but hot weather in the past two […] Read more
