Commodity & Trade Updates
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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…
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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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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…
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Bunge board to appoint Mark Zenuk non-executive chair
USA- The Bunge Ltd. board of directors plans to have Mark Zenuk as its non-executive chairperson subject to his re-election to the board during the…