Commodity & Trade Updates
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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…
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Soybean market tightness to continue as supply concerns persist
GLOBAL- Soybean futures reached new highs after Bunge raised concerns about dwindling supplies in Argentina, according to CRM Agri’s oilseeds market outlook reports. The upward trend…
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Cargill completes soybean processing plant expansion in Ohio
USA– Cargill, a global leader in food and agriculture, recently announced the successful completion of its expansion and modernization project at the integrated soybean crush…