Agricultural news

Soybean
May 7

Malawi has won the right to export soy to China

The southern African country of Malawi has won the right to ship soybeans and some other crops to China. This was announced by the Managing Director of the Malawi Investment and Trade Centre, Paul Kwengwere,…
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Stock market
May 7

Wheat and corn prices on the SBOT reached their highest level in the last two weeks

On May 6, wheat and corn quotations on the CBOT exchange reached their highest level in the last two weeks, rising to $232,2 (+9,6) and $179,9 (+3,9), respectively…
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Peas
May 7

India has extended duty-free imports of yellow peas until the end of October

The Indian government has announced a reduction in import duties on grain legumes. This is reported by BlitzIndia. The duty on imports of Daisy chickpeas was reduced to 0%...
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Soybeans
May 7

Argentina's soybean harvest will reach 51 million tons next season

Argentine agricultural producers will be able to harvest around 2024 million tons of soybeans in the 25/51 season, predict experts from the Foreign Agricultural Service of the US Department of Agriculture (FAS USDA). According to their estimates, the volume…
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sprit
May 7

Germany increases Biodiesel exports at record levels

Germany had a record amount last year Biodiesel exported – over 2,88 million tons, according to data on the website of the federal association UFOP (Union for the Promotion of Oil…
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Olive oil
May 7

Egypt puts the purchase of vegetable oil out to tender

Egypt will hold an international tender for the purchase of vegetable oil on Thursday, May 9th. Market participants report this, citing information from the state food procurement agency GASC. It…
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Growing
May 6

Tajikistan wants to increase cultivated areas

Tajikistan is implementing the state program for the development of new irrigated areas and the restoration of areas no longer used for the years 2022-2027. By the end of 2027, more than 11.000…
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Wheat
May 6

Canadian wheat exports lag behind last year

The Canadian Grain Commission estimates (April 28) that Canada has exported 2023 million tonnes of wheat since the start of the 24/18,7 grain marketing year, 4% behind the corresponding period of…
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Sugar
May 6

Kazakhstan wants to temporarily ban sugar exports

Kazakhstan is introducing a ban on sugar exports until the end of summer. This measure will make it possible to fully cover domestic demand in the coming summer season, reports the press service of…
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Grains
May 6

Russian wheat exports are growing

This season (July 1, 2023 - April 30, 2024), the Russian Federation increased shipments of the main types of grain abroad by more than 10% to 57,8 million tons...
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Rapeseeds
May 6

Experts predict a decline in the EU rapeseed harvest

The rapeseed harvest in EU countries could fall from 19,8 million tons last year to 19,4 million tons this year, according to experts from the European Commission. The experts…
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Corn
May 3

Ukrainian corn exports exceed 23 million tons

As of May 3, Ukraine exported 2023 million tons of grains and pulses in the 2024/41,6 marketing year, which is 299.000 tons less than in the previous year. This comes from a…
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