Commodity & Trade Updates
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US spring wheat plantings down 2.4%, hard winter wheat areas face drought
USA- The US Department of Agriculture’s latest Prospective Plantings report predicts spring wheat plantings in the US to be down 2.4%, and the lowest in…
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India specifies safety standards for millets ahead of production boom
INDIA- The Food Safety and Standards Authority of India (FSSAI) has developed a comprehensive group standard for millets to be enforced from September 1, provided…
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Perdue AgriBusiness to divest its Maryland elevator for US$1.25 million
USA- Perdue AgriBusiness has agreed to divest its Lothian, Maryland elevator to Anne Arundel County for US$1.25 million and the parties will have 90 days…
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LDC follows Cargill and Viterra in halting grain exports from Russia
RUSSIA- Louis Dreyfus Company announced that it would cease grain export operations from Russia at the start of the new trading season in July. This…
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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…