LONDON, Sept 8- Falling sugar prices are set to hold back earnings growth at Associated British Foods in the next two years, offsetting continued strong performance at the group's Primark discount fashion chain.» Read More
MUMBAI, April 14- Namdev Desai, manager of a small restaurant near the ruling Congress party's office in south Mumbai, has stocked up on cold sugary drinks in the past few weeks to quench the thirst of party workers during India's ongoing general elections.
NEW YORK/ LONDON, April 11- Arabica coffee futures on ICE turned lower for the first time in seven sessions on Friday, on forecasts for rain in top grower Brazil, but remained on track for their strongest weekly performance in seven weeks after surging to two-year highs.
*Cocoa has technical bounce after subdued grind data. LONDON, April 11- Arabica coffee futures on ICE hit a more than two-year high on Friday, underpinned by fears that a drought will cut top-grower Brazil's output. Cocoa futures rose in a technical correction after sinking on Thursday due to disappointing demand data.
In a new measure, food companies will be asked to label their products as "blend" if sweeteners are added to honey, in an effort to regulate food.
Cocoa prices were firm ahead of the latest quarterly grind data, while sugar was higher. Arabica coffee prices hovered near a two-year high of $2.0755 per lb hit on March 11, underpinned by concern that rainfall at the end of top grower Brazil's wet season came too little too late after drought in January and February.
*Venture may limit options for smaller Brazil mills. LONDON, March 27- U.S.-based agribusiness and global commodities trader Cargill said it was forming a joint sugar trading business with Brazil's Copersucar, which is likely to be the world's largest.
SAO PAULO, March 27- Brazilian sugar trader Copersucar and U.S. commodities company Cargill said on Thursday they would merge their sugar trading operations in a 50-50 joint venture to create a global juggernaut. Following are some facts about Copersucar:. *The 47 mills crush 120 million tonnes of cane a year, or a fifth of Brazil's main center-south cane crop.
*Louis Dreyfus Commodities full-year net income $640 mln. PARIS, March 26- Global trading group Louis Dreyfus Commodities B.V. posted a sharp drop in net profit for 2013 after a U.S. drought disrupted grain markets and as sugar and other soft commodities were hit by oversupply.
Luke Chandler, Global Head of Agricultural Commodity Markets Research at Rabobank, explains why he thinks the potential upside in coffee and sugar prices are now largely priced in.
Kona Haque, head of agricultural research at Macquarie Group, expects sugar prices to fall further during the next six months. She says the market will bottom-out before the end of 2014.
Simona Gambarini, associate director of research at ETF Securities, discusses the price of sugar amid abundant supply.
The United Nations food agency said rising sugar prices due to harvest concerns in Brazil drove global food prices slightly higher in October.
Kayla, Carney and Tyler talk sugar, smart phones, and basketball players in North Korea.
The Agriculture Department says buying 400,000 tons of sugar from processors who have borrowed nearly $900 million is a possibility, reports CNBC's Hampton Pearson; and Sallie James, Cato Institute, shares her opinions.
Sugar prices have fallen so low; they have put pressure on sugar processors. CNBC's Hampton Pearson reports the government support of sugar prices has been widely criticized for years.
U.S. sugar firms have borrowed $862 million to finance their operations. CNBC's John Carney and Kayla Tausche share their opinions on whether sugar deserves a bailout.
Why on earth is the Department of Agriculture keeping the names of which companies are in danger of defaulting on government loans a secret?
The government is considering buying 400-thousand tons of sugar to stave off a wave of defaults by sugar processors, reports Hampton Pearson.
G20 countries are to step in to try and co-ordinate a response to surging food prices, after the worst U.S. drought in half a century devastated crops in the world’s largest agricultural exporter, the Financial Times reports.
The world is facing a new food crisis as the worst US drought in more than 50 years pushes agricultural commodity prices to record highs.