Wheat was higher as traders braced for the US Department of Agriculture’s monthly supply demand report that’s expected to show declining domestic and world grain supplies.
Mexico will improve security in Michoacan in an effort to resume avocados exports after the US suspended government activities in the state due to recent violent incidents.
When Kelly Go founded Auro Chocolate a decade ago, she struggled with what to do with all the leftover powder from grinding cocoa beans. At one point, the Philippines-based craft chocolatier simply dumped the powder while selling the pricier cocoa butter to candy makers.
The US suspended government activities in the Mexican state of Michoacan, affecting imports of avocados from the largest producing region in the country to the US.
The farm machinery sector is primed for a rebound in 2027 as the current fleet ages and prompts growers to upgrade, according to tractor maker CNH Industrial NV.