Commodity & Trade Updates
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Recovering demand for protein meals drives oilseeds consumption in China: USDA
CHINA- Recovering demand for protein meals as feed production expands in China is the primary driver for the growth in oilseed demand, according to a…
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North American Grain Export Association appoints new president and CEO
USA- The North American Export Grain Association (NAEGA) board of directors has announced the appointment of Alejandra Castillo as the successor president and CEO, effective…
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Soybean market tightness to continue as supply concerns persist
GLOBAL- Soybean futures reached new highs after Bunge raised concerns about dwindling supplies in Argentina, according to CRM Agri’s oilseeds market outlook reports. The upward trend…
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Argentine wheat crop forecast slashed due to persistent drought
ARGENTINA – Argentina’s wheat production outlook for the 2023-24 marketing year has improved as the US Department of Agriculture’s (USDA) Foreign Agricultural Service (FAS) revised…
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BII invests US$26.5M in AFEX to enhance food security in Africa
NIGERIA– British International Investment (BII), the United Kingdom’s development finance institution (DFI) and impact investor, has announced a significant commitment of US$26.5 million to AFEX,…