South Africa’s corn exports on rise
A positive outlook for South Africa’s 2025-26 corn crop following the previous season’s strong harvest is leading to oversupply in the domestic market, with exports anticipated to increase amid lacklustre growth in domestic demand, according to a report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture. Favorable La Niña weather conditions...
Cargill, LDC win site bids at Brazilian port
Cargill and a consortium formed by Louis Dreyfus Co. and Brazilian grain trader Amaggi (ALDC) were among the winners of a competitive auction to operate three terminals at the Port of Paranaguá, Brazil, for 35 years. The combined bids at the Sáo Paulo Stock Exchange for the PAR 14, 15 and 25 port areas reached...