Commodity & Trade Updates
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Viterra to expand Texas terminal to meet the increased demand for grains and feed ingredients
USA- Rotterdam-based grain elevator Viterra recently announced that it will expand its grain and ingredient terminal in Etter, Texas, US, increasing storage capacity at the…
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Kenya to compete with China for maize in traditional source market creating fears of supply crunch
KENYA- Asia’s largest economy is diversifying its corn source markets from the US to South Africa and Latin American countries such as Brazil, which are…
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Cargill expands retail feed operations with new Washington facility
USA- Commodity trading giant Cargill is expanding its retail feed operations, constructing a production facility in Granger, Washington, US, focused on current and potential agricultural…
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Landus to acquire Snittjer Grain effective September 2023, joins the GROWERS Retail Network
USA- Landus, a diversified farmer-owned cooperative headquartered in Iowa, announced through a signed letter of intent that it will take ownership of Snittjer Grain’s two…
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Good news for the world as Russia extends the Black Sea Grain Deal for another two months
TURKEY- According to a televised speech by Turkish President Tayyip Erdogan, the Ukraine Black Sea grain deal has been extended for two more months, merely…