Commodity & Trade Updates
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First Milling Company to offer 30% share capital through IPO on the Saudi Exchange
SAUDI ARABIA – First Milling Company, a market-leading milling firm in Saudi Arabia, has announced its intention to proceed with an initial public offering (IPO)…
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Landus to acquire Snittjer Grain effective September 2023, joins the GROWERS Retail Network
USA- Landus, a diversified farmer-owned cooperative headquartered in Iowa, announced through a signed letter of intent that it will take ownership of Snittjer Grain’s two…
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Good news for the world as Russia extends the Black Sea Grain Deal for another two months
TURKEY- According to a televised speech by Turkish President Tayyip Erdogan, the Ukraine Black Sea grain deal has been extended for two more months, merely…
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USA to register its smallest wheat harvest since 1957 in year 2023/24: USDA
USA- For the year 2023/24, wheat harvests in the USA plains will likely be the lowest in almost seven decades thanks to drought, according to…
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GrainCorp registers US$134m net profit owing to increased oilseed crush volumes bumper canola crop
AUSTRALIA- GrainCorp reported A$200 million (US$134 million) in net profits after taxes for the first half of the 2023 financial year that ended March 31,…