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Fitch predicts weakened Malaysia crude palm oil prices by Q2 due to higher global vegetable oil supply, with benchmark price assumption at US$700/tonne for 2024, 2025; upside risks include bad weather conditions, biodiesel blending increase in Indonesia
Published:
March 28, 2024
by Malay Mail (Malaysia)
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Bloomberg: Cocoa is more expensive than copper on commodities market, as prices top US$9,000/ton for first time in futures market; chocolate may be even costlier in Easter 2025 if cocoa-tree diseases, bad weather prolong deficit amid high sugar prices
Published:
March 26, 2024
by FoodNavigator.com
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Heavy rains likely caused by El Nino flood Peru's Ene River, with waters reaching around two ft. high, spreading across 12,355 acres of land; around 300 Indigenous families have had sustainable agroforestry projects for cacao, coffee and timber destroyed
Published:
March 26, 2024
by Mongabay News
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Tasmania's tall eucalypt forests are crucial for sequestering carbon, outpacing all other natural forest ecosystems; with increasing heatwaves, they risk becoming carbon sources, leading to tree mortality, impacting timber production and carbon storage
Published:
March 25, 2024
by ForeignAffairs.co.nz
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US personnel work to extinguish six wildfires known as the North Zone Complex, which has burned over 12,000 acres around the Shenandoah Valley in Virginia; Waites Run, the largest of the fires, has burned 3,760 acres along remote forests
Published:
March 25, 2024
by Northern Virginia Daily (Strasburg, VA)
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