Commodity & Trade Updates
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Brazil’s 7 MMT estimated rice yield lowest in 25 years as drought persists: USDA
BRAZIL- Brazil could produce its lowest rice crop in 25 years in the marketing year 2022/23 at 7 million metric tons (MMT), according to a…
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Australian barley could reenter Chinese market following new deal with China
AUSTRALIA- Australia has reached a deal with China to attempt reopening the Chinese market to Australian barley after China imposed an 80% import tariff in…
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Mexico’s working group dissects GM corn impact as the corn dispute 30 days deadline elapses
MEXICO- Mexico’s health authority COFEPRIS and scientific council CONACYT have created a working group to keep assessing the risks associated with genetically modified (GM) corn…
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Commodity trader Cargill seeks warehouse receipt operator permit in Kenya to curb post-harvest losses
KENYA- Global commodity trader Cargill is seeking certification as a warehouse receipt operator, becoming the first foreign multinational to put in the request after the…
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Poland suspends Ukrainian grain imports to protect domestic prices
POLAND – Polish and Ukrainian governments have reached an import suspension agreement in which Ukrainian grain will only go through Poland to third countries. This…