Commodity & Trade Updates
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Mexico wheat and rice forecast lowered as uncertain government support delays planting
MEXICO- According to a report by the USDA, Mexican wheat and rice production forecast is slightly lower in marketing year (MY) 2023/24 due to uncertain…
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Maize prices in Kenya to trend high in MY2023/24 despite production rising to 3.2M tonnes: USDA
KENYA – Kenya’s wheat and corn production is expected to increase in 2023/24 market year as farmers respond to high crop prices by planting more,…
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Viterra partly credits Gavilon acquisition for stellar 2022 performance
NETHERLANDS- Viterra experienced its most successful year on record in 2022, partly due to favorable market conditions, record production in major export regions, and completing…
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LDC credits diversified global footprint for resilient Grains & Oilseeds 2022 results
NETHERLANDS – Louis Dreyfus Company (LDC) credits its diversified global footprint for the resilient performance of Grains & Oilseeds platform in 2022 as it reported…
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USDA raises Thailand rice production forecast, funds US rice resiliency research
THAILAND- The US department of agriculture (USDA) predicts that rice production in Thailand in the 2023-24 marketing year will reach its highest level in five…