Commodity & Trade Updates
-
Turkish government imposes 130% import tariff on grains
TURKEY – The Turkish government has imposed a 130% import tariff on some grain imports, including wheat and corn, according to a presidential decision published…
-
Hungarian Grain and Feed Association challenges ban on Ukrainian imports
HUNGARY- The Hungarian Grain and Feed Association has strongly opposed the country’s ban on grain and oilseed imports from Ukraine, pointing out that the restrictions…
-
Black Sea grain shipments in jeopardy as Russia halts inspections in Turkish waters
UKRAINE- Ukrainian officials said the Black Sea Grain Initiative was in danger of shutting down after Russia frustrated inspections of participating ships in Turkish waters,…
-
Bunge ends 3-year contract with Sao Francisco do Sul port authority, making room for rivals
BRAZIL- Bunge port agent, Litoral, recently ended its contract with Brazilian Sao Francisco do Sul port authority, where it had rights to ship an estimated…
-
EU censures Hungary’s threat to follow Poland in banning Ukrainian food imports
HUNGARY- The European Union has criticized Hungary’s intention to follow Poland in banning Ukrainian food imports, saying that the unilateral moves were “unacceptable” and trade…