Commodity & Trade Updates
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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…
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Bunge shareholders approve proposed merger with Viterra
USA- Global agribusiness Bunge has announced that its shareholders have approved its acquisition of Viterra, expected to close in mid-2024. The plans were revealed earlier…
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LDC, Koppert Argentina partner to commercialize biological inputs for agriculture
ARGENTINA- Louis Dreyfus Company (LDC), and Koppert Argentina, a leader in the market of biological solutions for agricultural purposes, have announced a partnership to incorporate…
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Innovative project to sequence 400 soybean genomes for future crop enhancement
USA- Researchers are aiming to unlock the soybean potential through an ambitious initiative led by the University of Illinois Urbana-Champaign (U. of I.) and the…
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Germany to use air defense system to protect Ukrainian grain routes
UKRAINE- Germany has pledged to provide additional air defense systems to Ukraine, to safeguard Ukrainian grain shipments from potential Russian attacks, as recently reported by…