Commodity & Trade Updates
-
Russia’s minimum grain export price leads to supply chain strain
RUSSIA- Russian authorities have effectively prohibited farmers from selling grain to foreign customers at prices below the government’s minimum threshold. This strategy, while intended to…
-
Louis Dreyfus Company to construct a soybean processing plant in the US
USA – Louis Dreyfus Company (LDC), a global powerhouse in agriculture and food processing, is set to revolutionize the industry with bold plans for a…
-
Nigeria and Sudan to receive 57,000 tonnes of grain in humanitarian initiative
NIGERIA AND SUDAN- According to the Ukrainian national news agency, Ukraine is set to send 57,000 tonnes of grain to Sudan and Nigeria as part…
-
Russian company inks major grain export deal with China
RUSSIA- A Russian export company has recently inked a substantial deal to supply China with 70 million tonnes of grain, legumes, and oilseeds, according to…
-
India maintains basmati rice floor price as grain-export curbs continue
INDIA- The Indian government has announced that it will maintain the floor price for basmati rice exports until further notice as the world’s biggest exporter…