Black Sea crop held back by logistics

GRAIN exports continue to flow from the Former Soviet Union (FSU) nations following another big harvest in the region. However, a combination of a logistical squeeze through key Black Sea ports and the downturn in Australian production may mean the extra stocks on the world market do not drive Australian wheat prices down significantly. Richard […]

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Commodities Seek Global Transit Security

The Corn Belt dodged a rain-soaked bullet this summer when hurricanes Harvey and Irma—while inflicting immense local damage—failed to take out key ports where farm goods meet global markets. But the potential for disruption remains tremendous, which is why industry stakeholders continue to search for alternative routes to the world. The Soy Transportation Coalition recently […]

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Five Year Corn and Soybean Price Projections

Commodity prices have been challenging, but according to recent projections they likely won’t get any worse. University of Illinois brought together USDA Agricultural Outlook, Congressional Budget Office, FAPRI, WASDE and CME futures to give farmers an idea of where prices might be headed compared to 2017’s projected market year average. From 2014 to 2016 marketing […]

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More rice on way from India, Thailand

The government is set to import 1 lakh tonnes of parboiled rice from neighbouring India under a state-to-state arrangement as part of its aggressive push to boost stocks. The development comes after the cabinet committees on economic affairs and purchase yesterday approved the proposal for import of rice for $455 per tonne — $15 less […]

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