Page 6 - Commodity Pricing News Today

Wheat futures staged their biggest rally in six months after an alleged attack on the Kremlin heightened Russia-Ukraine tensions, stoking doubts over the renewal of the Black Sea grain export deal, warned CRM Agri.

The EU needs to safeguard market access to essential supplies of feed grains and vegetable protein meals to its feed and livestock sectors, said FEFAC referring to the move by Poland, Hungary, Slovakia, and Bulgaria to impose import restrictions on Ukrainian grain and oilseeds, and other foodstuffs.

The estimate for Argentine soybean production in 2022/2023 is now 23.9m metric tons (MMT), the lowest in 24 years, according to a USDA FAS outlook.

Grain markets have returned to prior levels following the late March rally after speculation about Russian export bans and the withdrawal of major trading companies from Russia, finds CRM Agri.

Global egg prices have reached record-high levels. What are the factors behind the historically high increases for the staple food product?

Viterra confirmed late last week that it will cease its origination and export programs out of Russia after July 1, 2023.

In its second forecast for the 2023 crop, Coceral sees the total grain crop in the EU and UK at 303.5 million tons, which, though lower than its forecast in December, would be a significantly higher than the 290.7m tons harvested last year.

UK feed additive producer, Anpario, announced its full year results for the 12 months to 31 December 2022, showing a significant drop in profit.

The dairy chain's participants – from producer to processor to end user – are being squeezed, finds a Rabobank report.

Pandemics, malaria, dengue and other waterborne diseases hitting us. im personally very, very concerned that one disaster in ones life does not mean a child can never go back to school. hundreds of schools have been washed away and i think we need to have a global emergency on education to ensure girls and boys can go back to schools and their teachers need to be found and recruited if they have gone, to resume their life. and the next crisis is monetarily. i do not want to use very harsh terms,...