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Price of benchmark southern yellow pine lumber grade SYP East Side 2x4 #2&Btr KD (RL) in week ended July 26 up 4% from previous week at US$365/mbf, down 14% year-over-year: Madison's

Price of benchmark framing dimension lumber grade Western SPF 2x4 #2&Btr KD (RL) in week ended July 26 is up 5% from prior week at US$348/mbf, down 24% year-over-year: Madison's

Australian Securities and Investments Commission sues local subsidiaries of China Oil and Foodstuffs Corp., accusing it of manipulating settlement prices and driving up costs of wheat for consumers

Economist Intelligence Unit expects global wheat export prices to average US$272/tonne in 2024, down 20% from 2023 due to adequate supply, tepid demand; global wheat trade expected to stagnate in 2024/2025 despite expected general increase in food demand

Economist Intelligence Unit expects coffee prices to rise in 2024 due to reduced supply, lagged effect of higher fertilizer prices in 2023; Robusta prices have increased more sharply than Arabica due to adverse weather conditions in Southeast Asia

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