Wheat imports by Egypt will fall to a nine-year low next season, with those by Saudi Arabia falling too, as soaring prices prompt major wheat buyers to lift their own production and cap demand. Egypt, the world’s biggest wheat...
Read MoreSaudi Arabia spent $1.24bn to progress its drive to promote its food security by buying a stake in Olam Group’s agriculture arm, with talks ongoing over increasing further the holding. The Saudi Agricultural and Livestock...
Read MoreMar 28, 2022 | Companies, Corn and coarse grains, News, Wheat |
Grain and oilseed prices “may rise further” thanks to the Ukraine conflict, ag trader-to-renewables group BayWa said, as it unveiled a more than doubling in earnings, which helped its shares to a 13-year high. The German-based...
Read MoreMar 24, 2022 | News, Soybeans and oilseeds |
Indonesia’s palm oil output will expand for a sixth successive season in 2022-23, despite higher fertilizer costs and export taxes, US officials said, seeing exports hitting a record high too. Indonesian production of the...
Read MoreMar 24, 2022 | Corn and coarse grains, News, Soybeans and oilseeds |
Hopes for Argentina’s corn production took another knock as the Buenos Aires grains exchange cut by 2m tonnes its forecast for the crop, citing disappointing yields from the early harvest. The exchange downgraded by 2m tonnes to...
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