Argentinian grain market takes center stage
Soybean futures experienced a downturn in response to improved weather forecasts alleviating concerns over Brazil's crop.
Source: feednavigator.com
Page 4 - Commodity Pricing News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Industry sources expect China to buy Australian barley all the way through 2024
After China ended antidumping tariffs on Australian barley in August, dramatically lowering imported barley prices by $11 per MT, Chinese importers secured about 20 shipments, or over 1 MMT, of that grain from Australia.
Source: feednavigator.com
MEPs reject EU proposal on pesticide reduction
The EU Commission proposal to reduce the use of pesticides in the EU, a pillar of the EU Green Deal, is dead in the water.
Source: feednavigator.com
IGC forecasts 7% jump in global soybean output
World soybean production for 2023-2024 is forecast to expand by 7% year on year (y/y) to a record of 395 million tons, chiefly linked to bigger crops in South America, notes the latest update from the International Grains Council (IGC).
Source: feednavigator.com
Grain shipping costs forecast to rise again despite recent dip
Lower energy prices resulted in a fall in shipping costs over the past month as seen through the sharp drop off in the Baltic Dry index (BDI), which gauges the cost of shipping dry bulk commodities such as grains.
Source: feednavigator.com