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Forecast was reduced by 3.28 to 121.42 million tons, while analysts had forecast yields at 52.8 bushels/acre and production at 124 million tons.

Last Wednesday, India's Ministry of Agriculture announced that the minimum supported price (MSP) for rapeseed and mustard for 2025/2026 will be Rs. 5,990 ($71.24) or Rs. 6,882 per 100 kilograms, up Rs. 300 (Rs. 344) from Rs. 5,650 this year. For safflower, the increase was Rs140 to Rs5,940 (Rmb6,824). Rapeseed is the second largest oilseed

On the New York Stock Exchange, cocoa and coffee have been classified as ‘volatile soft commodities’, which are trying to stabilize but remain on an ups and downswing, given what the market calls “climate anxiety”. In the case of Arabica coffee, contracts due in December depreciated a little less, with a drop of 0.12% on the morning of this Wednesday (10/23). Quoted at US$ 2.4955 per pound, Arabica futures fell along with Robusta in London, a result of a combination of climate factors and an increase in global exports. In Brazil, the arrival of rains and the main flowering of crops gives producers breathing room and cools the market. According to the morning assessment by Trading Economics, the increase in stocks monitored by ICE, which reached their highest levels since 2023, is also putting downward pressure on prices. The consultancy also mentions that coffee is recording the biggest decline since the peak of the year, of US$ 2.75/lp, reached on September 26. “However, the