Commodity & Trade Updates
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Mexican president commits to prioritizing domestic non-GM corn for tortillas
MEXICO- Mexico’s president, Andrés Manuel López Obrador, recently announced that he will sign an agreement this week with tortilla makers in the country to ensure…
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BRICS foreign ministers call for full implementation of Black Sea Grain Initiative
SOUTH AFRICA- The BRICS (Brazil, Russia, India, China, and South Africa) foreign ministers concluded their meeting at Cape Town in South Africa, calling for full…
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Russia continues to limit grain shipments from Ukrainian ports, Hungary asks EU to continue import curbs
UKRAINE- Ukrainian officials say that Russia continues to block the recently renewed Black Sea Grain Initiative by halting the registration of ships to all Ukrainian…
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Mexico moves to trade dispute settlement consultations to fight US GM corn dispute after formal consultations fail
MEXICO- The Mexican government said it would counter U.S. arguments over agriculture biotech measures, including plans to limit its use of genetically modified (GM) corn,…
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Cargill to divest China poultry unit to private equity firm DCP Capital
CHINA- Global agribusiness and commodities trading giant Cargill recently announced that it is selling its poultry business in China to private equity firm DCP Capital,…