The growing supply base has pushed corn, soybeans and wheat futures close to four-month lows during the past few weeks. Most traders were expecting prices to remain under pressure as the fundamental picture was not expected to improve. »

India's federal government Saturday said higher purchase prices and better harvests of winter-sown crops will likely ease food inflation in the country. "I believe that the worst is over as far as food inflation is concerned," Prime Minister »

Argentina is inching toward its goal of meeting minimum biofuels-blending requirements for gasoline and diesel, even though the deadline for doing so passed on Jan. 1. A national biofuels law requires all gasoline sold at the pumps contain 5% ethanol and »

The U.S. Department of Agriculture is poised to reaffirm Tuesday that U.S. wheat ending stocks are hefty, and some analysts are expecting to see inventories expand. The government is slated to update its ending stocks estimate at 8:30 a.m. EST Tuesday »

Mexico's upcoming 2009-10 fall-winter corn harvest in the key grain state of northern Sinaloa is forecast to rise 4.2% to at least 5.0 metric tons, the Agriculture Ministry's statistical arm SIAP said Friday. This compares with output in the 2008-09 fall-winter crop of 4.8 million tons, SIAP said in »

Nicaraguan sugar exports in 2009 closed with total shipments reaching 140,059 metric tons of mixed raw and refined output, the Nicaraguan government's Export Statistics Center, Cetrex, said Friday. This is down 26% from 2008, when total shipments reached 161,069 tons, Cetrex said in its latest report on the local sugar »

Honduras's coffee industry has logged in sales contracts for 1,313,802 (60-kilogram) bags of coffee from the new 2009-10 crop through Feb. 5, the official Honduran Coffee Institute, or Ihcafe, said Friday. That's 26% higher than sales through the same date the year before, when 1,042,989 bags of the 2008-09 crop were... »

Mexico's sugar industry is expecting the government to issue a sugar-import quota of between 150,000 and 200,000 metric tons later this month after a production shortfall, senior industry officials said Friday. Officials representing mills and sugar-cane growers told Dow Jones Newswires that the Economy Ministry had reacted positively »

A steep drop in crude-oil prices triggered declines across the commodities spectrum, as investors nervous about the pace of the economic recovery gravitated back to the dollar. "People are buying the dollar," said Michael Gross, broker and futures analyst with OptionSellers.com. "Funds are liquidating »

The gold fund of hedge-fund billionaire John Paulson lost 14% in January, which was its first month of operation, Bloomberg reports Friday, citing two investors. The investors say the fund invests in mining companies and bullion-related derivatives. Bloomberg says »

Physical trading failed to pick up this week in the cash arabica coffee markets of Mexico, Peru and Central America as international prices weakened, traders and exporters said Friday. Despite what traders said continue to be underlying "core fundamentals showing serious constraints on supply" the market »

Physical trading continued at a quiet pace this week in the Mexican cash grains markets, as the weakening of the peso made buyers nervous about purchasing, traders and importers said Friday. Traders said that despite favorable U.S. prices--as grains prices in the main Chicago market fell--the peso's weakess offset any »

The euro sank Friday as sovereign debt weighed heavily on markets, with investors focused on fiscal issues in deficit-laden Greece spreading to Portugal and other euro-zone economies. After fleeing from riskier assets for most of the New York session, investors made a last-minute attempt to bid U.S. stocks and »

Chicago Board of Trade rice ended lower Friday, joining most other commodities in declines on a stronger dollar and weaker equities, traders said. March rice ended down 9 1/2 cents to $14.08 1/2 per hundredweight, and May rice ended down 6 cents to $14.39 1/2. The »

Australia's total wheat production for 2009/10 is forecast at 22.5 million metric tons, up on the revised estimate for the previous year and up on the 10-year average of 19.7 MMT, according to a U.S. Department of Agriculture attache report posted on the Foreign Agricultural Services Web site. »

Chicago Board of Trade corn ended lower Friday amid bearish outside markets and technical pressure, setting another four-month low in the process. March corn ended down 2 1/2 cents to $3.51 1/2 per bushel and May corn ended down 2 1/4 cents to $3.63. »