Commodity & Trade Updates
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Poland extends ban to Ukrainian grain imports to end of year, Hungary follows suit
EUROPE- The Polish government has decided to keep the ban on Ukrainian grain imports for at least up to the end of the year 2023,…
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Indian wheat procurement soars above last year’s purchase of 18.8 MT
INDIA- Wheat procurement in India, the world’s second-biggest wheat producer, has increased by almost 1 million tonnes, jumping from 18.8 million tonnes last year to…
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International Grains Council revises global flour trade higher
ENGLAND- In its 20th April 2023 report, the International Grains Council (IGC) revised global wheat flour trade in 2022-23 up 500,000 tonnes from its previous…
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Turkish government imposes 130% import tariff on grains
TURKEY – The Turkish government has imposed a 130% import tariff on some grain imports, including wheat and corn, according to a presidential decision published…
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Hungarian Grain and Feed Association challenges ban on Ukrainian imports
HUNGARY- The Hungarian Grain and Feed Association has strongly opposed the country’s ban on grain and oilseed imports from Ukraine, pointing out that the restrictions…