The Australian Securities and Investments Commission has sued local subsidiaries of China Oil and Foodstuffs Corporation (COFCO), accusing it of manipulating settlement prices and driving up costs for consumers.

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Harvest is starting around Australia, and some are expecting higher yields than previous forecasts. We won’t really know until the...
As they say, the crop is made in August and September. I would consider that the basis level around the country is strong, verging on a drought level.

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