Commodity & Trade Updates
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India imposes 20% export duty on parboiled rice to protect local supplies
INDIA- The Indian government has imposed a 20% duty on exports of parboiled rice , a move that could further reduce shipments from the world’s…
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Cargill seeks to acquire soy crushing facilities in Brazil
BRAZIL- US agricultural trading company Cargill has submitted a binding offer to acquire three soy crushing plants and four warehouses in Brazil from Granol, a…
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Brazil to topple US as top corn exporter on record production and cleared bottlenecks
BRAZIL- Brazil is set to overtake the U.S. this year as the world’s top corn exporter, reflecting both a bumper harvest and logistical breakthroughs such…
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Anchor Ingredients acquires grain handling facility
USA-Anchor Ingredients, a premier specialty ingredients supplier to the food and pet food industries worldwide, has acquired a grain handling facility in Hatton, North Dakota,…
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Cargill and Bar Technologies’ launch wind-powered cargo ship
SINGAPORE- A cargo ship fitted with Bar Tech WindWings by Yara Marine, an innovation by global commodity trader Cargill and Bar Technologies, has finally set…