Page 10 - Commodity Pricing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Existing investors in Viterra, Canada’s biggest pension funds, would back a potential merger between the Glencore Plc entity and Bunge Ltd, according to a report by Bloomberg.

The EU Commission’s Mars bureau this week nudged its forecast for the EU’s 2023 rapeseed yield higher to 3.34t per hectare, led most likely by an increase in the French crop. Should that be achieved, it would be the highest yield since the high of 3.61t per hectare recorded nine years ago, finds a CRM Agri outlook.

Moscow’s signing up to a third extension of the Black Sea grain export deal, confirmed late Wednesday, keeps open the safe corridor for Ukraine’s grain shipments and removes doubts over access to Russia’s substantial exportable wheat supplies too, commented CRM Agri analysts.

Renewal of the UN brokered Black Sea grain export corridor remains a key watchpoint in markets, with it set to expire on Thursday this week, notes the AHDB.

As industry experts warn that some US soy crush expansion projects could be put in jeopardy by EPA proposals, ADM confirms its soybean crushing plant in Spiritwood, North Dakota, is set to come on stream in Q3 of 2023.