Commodity & Trade Updates
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Kenyan cabinet approves duty-free importation of raw materials for animal feeds processing
KENYA – Kenya has approved the duty-free importation of raw materials for the processing of animal feeds as an intervention to address the skyrocketing cost…
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Cargill reports US$177B revenue in Q2, partners ZeroNorth to reduce vessel emissions
USA- Global commodities trader Cargill Inc recently reported that its fiscal year 2023 revenue increased 7% from a year earlier to US$177 billion, the highest…
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USDA exponentially increases grain storage disaster funding
USA- The U.S. Department of Agriculture’s Farm Service Agency (FSA) has quadrupled and begun issuing cost-share assistance payments through the Emergency Grain Storage Facility Assistance…
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Russia faces grain shipping challenges as international traders reduce Russian activity
RUSSIA – Major grain exporter, Russia, is facing shipping challenges and rising wheat costs because of a lack of ships and Western grain traders’ shrinking…
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ADM introduces ADM FarmView, new information management tool for farmers
USA- ADM has unveiled a new mobile app and website portal option from Bushel, a leading software technology provider for the agricultural supply chain, to…