Commodity & Trade Updates
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China to import soybeans in unprecedented volume: USDA
CHINA- China is forecasted to import a record volume of soybeans in 2022-23, although an increase in domestic production could dampen totals in the 2023-24…
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Kenyan farmers call for government intervention in maize prices and storage
KENYA- Maize producers in the North Rift region of Kenya are urging the government to instruct the National Cereals and Produce Board (NCPB) to open…
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Rice and sugar prices defy August’s decline in food commodities: FAO
GLOBAL- In an unexpected turn of events, the prices of rice and sugar have bucked the trend of declining food commodity costs in August, driven…
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Argentina anticipates strong rebound in soybean crop, Brazilian soy and corn recover
ARGENTINA- The Buenos Aires grain exchange recently released a report on September 7, projecting an impressive harvest of approximately 50 million tonnes for the 2023-24…
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Cargill’s deforestation concerns addressed as Sean Leighton assumes IFT presidency
USA- An activist group, Global Witness, recently released a report revealing that global commodity trading giant Cargill has been procuring soy from 50,000 acres of…