First Ukrainian grain ship leaves Odesa under brokered deal
The first ship carrying Ukrainian grain under a deal brokered by Turkey and the United Nations left the port of Odesa on Aug. 1, carrying 26,000 tonnes of corn destined for Lebanon, The Associated Press reported.
Brazil on pace for record corn production, exports
Corn exports from Brazil have increased by 221% in the first half of 2022 as importers seek to replace Ukrainian corn that isn’t making it to market due to the ongoing war with Russia.
China expected to import less soybeans
Slower economic growth, high prices and COVID-related restrictions have lowered China’s soybean import expectations for 2021-22, according to a report from the US Department of Agriculture’s Foreign Agricultural Service (FAS)
Argentina grain exports stymied by trucker protest
Loaded grain trucks were not getting to Argentina’s largest port on June 29 as a truck driver protest against high fuel prices brought the country’s agricultural exports to a near standstill, Reuters reported.
Russia may switch grain export tax to rubles
Russia is considering a gradual switch for state export taxes for grains and sunflower seeds from US dollars to rubles at the behest of commodities traders.
Grain market review: Wheat
World wheat markets are at their highest price levels since 2008 as reduced supplies, held back by the conflict in Ukraine, a move by India to limit shipments abroad, and the weather.
Brazil corn production revised upward
Brazil is projected to harvest a larger second corn crop this year as timely rainfall has lessened the severity of drought in the South American country.
Global Index Ranks 2021 Port Performance In Processing Containers
Global Index Ranks 2021 Port Performance in Processing Containers
Slow Growth In Organic Food Sales As Pandemic Fades
Slow growth in organic food sales as pandemic fades
China winter wheat harvest passes halfway mark
China had finished reaping winter wheat on about 11.13 million hectares of farmland by June 6, reaping the crop on more than 667,000 hectares daily for eight consecutive days after large-scale machine harvesting began on May 28.