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Commodity & Trade Updates
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Milling Wheat Marker rises 1.8% in September on high logistics costs, margin pressures: Platts
The MWM, launched in June to track the most competitive Black Sea export prices, has largely followed Russian 12.5% protein wheat levels.
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Côte d’Ivoire launches US$440M plan to boost palm oil sector over next decade
By investing in productivity, sustainability, and inclusive growth, Côte d’Ivoire aims to reclaim its leadership in the West African palm oil market.
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China eyes 106 MT soybean imports amid higher protein demand
The FAS said its relatively stable forecast for soybean imports is linked to restrained 2% growth in crushing demand.
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EU authorises GM maize DP51291 for food and feed use
The authorisation, valid for 10 years, applies to products containing or produced from DP51291.
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Edible oil imports ease as IVPA accelerates India’s self-sufficiency push
The association, which represents India’s edible oil refining industry, highlighted that the country’s vegetable oil imports; primarily palm and soybean oils, have stabilized and are beginning to ease.