Commodity & Trade Updates
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Easing production costs inspire farmers to increase rice acreage in Brazil: USDA
BRAZIL-The US Department of Agriculture’s Foreign Agricultural Service (FAS) has revised its projection for rice planting in the marketing year 2023/24 (April 2024 – March…
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Recovering demand for protein meals drives oilseeds consumption in China: USDA
CHINA- Recovering demand for protein meals as feed production expands in China is the primary driver for the growth in oilseed demand, according to a…
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South Africa maintains its net corn exporter status despite production shrinking by 7%
SOUTH AFRICA – The Foreign Agricultural Service (FAS) of the US Department of Agriculture (USDA) projects SA’s 2023-24 corn production at 15.8 million tonnes, down…
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North American Grain Export Association appoints new president and CEO
USA- The North American Export Grain Association (NAEGA) board of directors has announced the appointment of Alejandra Castillo as the successor president and CEO, effective…
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FAO Index dips in October amid significant price drops in rice, wheat
GLOBAL- The FAO Food Price Index, compiled by The Food and Agriculture Organization of the United Nations (FAO) reported on November 3 that its Cereal…