Blog - Agriculture

Major Florida Grower Shuts Down Citrus Operations

Jan 7, 2025

Alico Inc., a leading Florida citrus grower, is halting its citrus operations after severe impacts from hurricanes and tree diseases.

Pork Producer Smithfield Foods Files for U.S. IPO

Jan 6, 2025

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Smithfield Foods announces plans for a U.S. IPO, symbolizing confidence in the rebounding market, with top financial institutions as underwriters.

Alico Inc. Restructures Business Amid Florida Citrus Industry Woes

Jan 6, 2025

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Alico Inc., a leading US orange producer, plans to halt its citrus division by 2025 due to ongoing industry challenges, shifting focus to diversified farming on its Florida lands.

Cocoa Prices Surge Amid Tight Market and West African Weather Concerns

Jan 6, 2025

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Cocoa prices are soaring due to tight market conditions and weather concerns in West Africa, with Ivory Coast at the center of the supply challenges.

Cattle Futures Hit Record High Amid Harsh Weather Conditions

Jan 2, 2025

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Cattle futures reach record highs amid harsh weather and supply challenges in the US beef market.

Starbucks Eyes a Robust Rebound in 2025 Under New Leadership

Jan 2, 2025

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Starbucks aims for a strong comeback in 2025 led by new CEO Brian Niccol, focusing on efficient operations and strategic growth to increase its market influence.

Cocoa Market Bounces Back Amid Supply Concerns

Dec 30, 2024

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An analysis of the recent resurgence in cocoa futures, driven by supply apprehensions and West Africa's key role in global production.

China Investigates Impact of Beef Imports on Local Industry

Dec 27, 2024

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Explore China's investigation into beef imports and its implications for the domestic meat sector facing financial challenges.

Bird Flu Outbreak Contained in New Zealand's Otago Region

Dec 24, 2024

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New Zealand effectively contains a bird flu outbreak within the Otago region, maintaining the country's poultry trade stability.

Ghana Faces Second Cocoa Harvest Reduction in 2024-25

Dec 20, 2024

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Ghana announces a second cocoa harvest forecast reduction for 2024-25 season due to adverse weather, affecting global supply and prices.

Hedge Fund Exodus Reshapes Global Cocoa Market Amidst Price Surge

Dec 20, 2024

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Discover how hedge funds exiting the cocoa futures market have led to price surges and increased volatility, reshaping global cocoa trade dynamics.

Wheat Prices Decline Amidst Expectations of Record Global Supply

Dec 19, 2024

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Wheat prices are declining due to expectations of record global supply and a strong US dollar, marking the longest loss streak in over five months.