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As a result of lower than expected yields during the first half of the marketing year, the 2014/15 palm oil production forecast is lowered to 20 million tons.
In the past decade, one of the most apparent trends agricultural trade patterns has been the growth in agricultural trade between developing countries or so-called “South-South trade.”
The world’s major meteorological organizations have issued alerts about the increasing probability of an El Niño event. Sea-surface temperatures (SST) from March through May have begun to rise in the eastern and central Pacific ocean. In early June...