CPO Prices Collapse 25% Since March 2016 As reported by the Financial Times, near-dated palm oil futures contracts trading on the Bursa Malaysia are now at 2016 lows, as forecasted previously this spring by Chain Reaction Research. Weaker global demand for palm oil and recovering palm oil production post 2015 El Niño are driving palm …
ADM tells suppliers of soy, palm oil to end deforestation Agribusiness giant Archer Daniels Midland (ADM:US) announced yesterday that it will adopt a new No Deforestation policy for its soy and palm oil supply chains. It is the first of any major agricultural traders to extend an action plan for forest conservation beyond the Brazilian …