Commodity & Trade Updates
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Global demand for energy and oilseeds products drives CHS Q3 earnings
USA- Leading cooperative CHS Inc recently released their third quarter financial results, revealing that strong demand for energy and oilseed products translated into solid earnings…
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Recent Russian localization rules create concern for seed sector: Euroseeds
RUSSIA- The European seeds manufacturers association, Euroseeds, recently sent a letter to Russian Prime Minister Alexey Mishustin warning about the risks the Russian localisation rules…
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USDA finally removes Soybeans of Other Colors grading factor
USA- The U.S. Department of Agriculture (USDA) has finally removed Soybeans of Other Colors (SBOC) as a grading factor for determining soybean quality. Under the…
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Russia officially withdraws from UN-brokered Black Sea grain initiative
RUSSIA- Russia has officially pulled out of the black sea grain initiative, which has been facilitating the export of grain from war-torn Ukraine, after its…
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Zimbabwe agricommodities exchange reports 767% jump in maize trade volumes
ZIMBABWE- The weekly Zimbabwe Mercantile Exchange (ZMX) agricultural commodities auction recovered from a lucklustre Day 3 to record a 767 percent increase on Day 4,…