Commodity & Trade Updates
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Louis Dreyfus to double capacity of canola facility in Yorkton, Canada
CANADA- Louis Dreyfus Co. (LDC) announced plans to expand its canola processing complex in Yorkton, Saskatchewan, Canada, to double its current capacity to more than…
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Australian barley could reenter Chinese market following new deal with China
AUSTRALIA- Australia has reached a deal with China to attempt reopening the Chinese market to Australian barley after China imposed an 80% import tariff in…
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Commodity trader Cargill seeks warehouse receipt operator permit in Kenya to curb post-harvest losses
KENYA- Global commodity trader Cargill is seeking certification as a warehouse receipt operator, becoming the first foreign multinational to put in the request after the…
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Poland suspends Ukrainian grain imports to protect domestic prices
POLAND – Polish and Ukrainian governments have reached an import suspension agreement in which Ukrainian grain will only go through Poland to third countries. This…
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India’s wheat production is likely to reach 108 million metric tons in MY 2023/24: USDA
INDIA- A Global Agricultural Information Network report from the Foreign Agricultural Service (FAS) of the US Department of Agriculture (USDA) forecasts MY 2023/2024 wheat production…