Commodity & Trade Updates
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FAO food price index falls marginally while 2023 wheat prices rise
GLOBAL-The Food and Agriculture Organization of the United Nations (FAO) food price index marginally declined in February while wheat prices rose fractionally. The FAO Food…
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Russia’s wheat exports to Algeria nearly quadrupled to 1.3 million tonnes in 2022
RUSSIA- In 2022, Russia exported around 1.3 million tonnes of wheat to Algeria which is four times what Algeria imported from Russia in 2021- the…
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Global wheat protein market to reach US$3.65 billion in 2026: Research and Markets
GLOBAL- The global wheat protein market could reach US$3.65 billion by 2026, according to a Research and Markets report. The Wheat Protein Global Market Report…
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Soy oil demand drives Brazillian soybean crush forecast to 51.5 MMT: USDA
BRAZIL- Domestic demand for soy oil drove the Brazillian soybean crush forecast to 51.5 million metric tons (MMT) for 2022/23, according to the United States…
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Inadequate sunflower seed imports could hamper Russian production in 2023
RUSSIA- Inadequate sunflower seed imports from major seed suppliers could jeopardize Russia’s production in 2023. According to the Russian National Seed Alliance’s (NSA) appeal to…