Market News
The Russian government has further reduced the export tax on wheat and barley, leaving the tax on corn at zero, for the period May 8-14, according to an official note from country’s agriculture ministry released on Friday May 3.
The UN's Food and Agriculture Organization Food Price Index (FFPI) rose by 0.3 points in April after significant growth in March on the back of the increased prices of vegoils and cereals, the FAO said on Friday May 3.
Conditions for French soft wheat and barley were stable in the week to Monday April 29, but remained much worse than last year’s crop, according to the latest report from the French farm office, France AgriMer, published on Friday May 3.
Ukraine's declared grain export volumes exceeded 1.3 million tonnes in the week ending Friday May 2, according to the State Customs Service of Ukraine.
Russian spring grain and oilseeds planting progressed by almost 10 percentage points during the week ending Thursday May 2, according to data from the agriculture ministry.
Canada exported 611,200 tonnes of grain and oilseeds in the week ended Sunday April 28, down by 29%, data released on Friday May 3 by the Canadian Grain Commission shows.
In the US, rain in the western Corn Belt was slowing fieldwork, but has improved drought conditions for crops.
According to Ukraine’s Ministry of Agriculture, sowing of spring grains in the country during the week ending Thursday May 2 showed a significant week-on-week increase of 15.3 percentage points.
Corporate News
Russian president Vladimir Putin has signed a document that confirms his government has officially seized the assets of Russia-based company Agroterra, wresting control from the company's owner, US-headquartered investment company NCH Capital.
European seeds producer KWS reported upbeat results for the nine months of the fiscal year...
A third multinational agriculture business, Louis Dreyfus Company, said Monday it would stop grain export operations from Russia at the start of the new...
Trade sources have expressed mixed views over the news that two major international players would be withdrawing from...
European seeds producer KWS reported upbeat results for the first half of fiscal year 2022-2023, with growth in sales and earnings.
Vitol, one of the world’s biggest independent oil trading houses, is set to return to trading agricultural markets after a six-year...
US-headquartered agricultural commodities trader Bunge is to buy a 49% stake in French grain exporter BZ Group as part of a...
US-based agricultural commodities trader Bunge Limited reported Wednesday lower year-on-year third quarter profits but is raising its full-year profit outlook...
Policy News
The Russian government has established an additional 5 million tonne grain export quota, and increased the share that individual exporters...
Russian grain export taxes continued to rise for the upcoming April 3 to 9 period, an official note from the country’s agriculture ministry showed Friday...
The Russian government has allocated the remaining 10% of the 24 million tonne grain export quota for the period February 15-June 30...
The European Parliament and Council reached a provisional agreement on Wednesday March 20 to extend the suspension of...
The European Commission has proposed to extend the duty and quota-free import of agricultural products from Ukraine and Moldova for another year...
The Russian government has increased export duties on wheat, corn, and barley for the week from January 31 to February 6...
The Russian government has reduced export duties on wheat and corn while keeping the tax on barley at zero, for the week from...
Argentina’s new government, that only took office on Monday, announced a package of economic measures late Tuesday...