Commodity & Trade Updates
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Argentine Bioceres to bolster drought-resistant HB4 wheat sales through marketing partnerships
ARGENTINA- Bioceres, an Argentine biotech firm, plans to expand its HB4 wheat seeds sales by partnering with 45 seed multiplier firms ahead of planting season,…
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Global wheat production forecast up 1.5M tons as Argentine crop recovers from severe drought: USDA
GLOBAL- World wheat production is forecast at a record 789.8 million tons for 2023/24, up 1.5 million from the 2022/23 production, partly due to the…
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Australian CBH Group to co-develop sustainable ethyl formate-based fumigation solutions with UBL
AUSTRALIA- Cooperative Bulk Handling Ltd. (CBH Group), Australia’s largest grain exporter, has signed a collaborative agreement with Universal Biosecurity Ltd. (UBL), to co-develop ethyl formate…
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Indian rapeseed growers beseech government to raise palm oil import tax to rescue crashing domestic prices
INDIA – Oilseed growers in India want the government to revitalize the domestic rapeseed market by raising the import tax on palm oil, the most…
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Russia’s 2022/23 wheat exports to hit a record 45m tons despite export challenges: USDA
RUSSIA- Wheat exports from the world’s largest grain exporter, Russia, continued to thrive during the 2022/23 marketing year with ample supplies and competitive prices and …