Commodity & Trade Updates
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Iowa board rejects grain loss claims of US$1.5M
USA- The Iowa Grain Indemnity Fund Board rejected nearly US$1.5 million worth of claims from people who sold grain to Global Processing- a now-defunct soybean…
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Grain prices ease for a second week amid high inflation
GLOBAL- Prices for the three major grains- corn, rice, and wheat- declined during the past two weeks even as domestic food price inflation remains high…
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Nisun and Binliang to expand wheat flour supply in China
CHINA- Supply chains solutions provider, Nisun International Enterprise Development Group Co. Ltd, has entered into a wheat flour sales and purchase agreement with Shandong Binliang…
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Castillo named US Grains Council’s global programs director
USA- Alejandra Danielson Castillo will be the new director of the US Grains Council’s (USGC) global programs, effective April 3. Castillo is currently the director…
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South Australia’s grain harvest rises by 51%
AUSTRALIA- South Australia’s 2022-23 grain harvest of 12.788 million tonnes is 51% higher than last year and more than 70% above the five-year average, according…