Food

Latest news from the commodity market. Updates on commodity trading, prices and futures news.

Food

A Chinese ship is loaded with soybeans at Port of Santos May 19, 2015. REUTERS/Paulo Whitaker

March 22, 2021

China’s Soybean Imports From Brazil Plunged In Jan-Feb On Cargo Delays

China’s soybean imports from Brazil fell sharply in the first two months of 2021 compared to the same period last year, customs data showed on...

Employees working at cargo ship Kypros Land which is loading soybeans to China at Tiplam terminal in Santos, Brazil, Merch 13, 2017. Picture taken March 13, 2017. REUTERS/Paulo Whitaker

March 9, 2021

China: Jan-Feb Soybean Imports Fall Slightly

China’s soybean imports in the first two months of 2021 fell slightly from a year earlier, customs data showed on Sunday, as rains in top...

February 16, 2021

Russian Wheat Export Prices Down With Global Benchmarks

Russian wheat export prices fell for the fourth consecutive week last week amid a decline in prices in Chicago and Paris and rising supply in...

February 8, 2021

Russia to impose floating tax on wheat exports from June 2

Russia on Feb. 4 confirmed it will impose a “floating tax” on its wheat and other grain exports starting June 2. The move adds to...

February 8, 2021

Rains To Disrupt Brazil Soybean Harvest This Month – Analysts

Rains in Brazil that have slowed harvesting and transportation of the 2020/2021 soybean crop will continue throughout February, causing potential disruptions in the world’s largest...

February 3, 2021

Global Food Trade Upended by Container Crisis

Food is piling up in all the wrong places, thanks to carriers hauling empty shipping containers. (more…)

January 22, 2021

China’s soybean imports likely to hit new high in 2021-22

China’s soybean imports in 2021-22 marketing year (October-September) is likely to exceed 110 million mt, hitting an all-time high, on sharper-than-expected hog and sow herd...

January 18, 2021

EU grain supply tension may ease next season, but prices to stay high – analyst

Tight grain supplies in the European Union should be replenished next season by an improved harvest, but prices could remain high as Chinese demand keeps...

January 11, 2021

Asia corn prices hit new high on futures rally, but slows demand

CFR Northeast Asia corn prices for cargoes arriving between April and May, has surged to a near 2 1/2-month high of $268.25/mt on Jan. 7,...

January 8, 2021

Biggest Soy Exporters Breathe Relief as Union Ends 29-Day Strike

Exporters in Argentina, the world’s biggest supplier of soy products, breathed a sigh of relief on Thursday as grain inspectors and tugboat pilots ended lengthy...

December 28, 2020

Australian wheat to weather China trade concerns on expected bumper harvest

Optimism from an anticipated record Australian wheat crop, estimated to be the country’s second-largest, is likely to outweigh trade concerns from troubled Australia-China relations in...

November 20, 2020

China’s soybean demand expected to rise on robust hog herd growth

China’s soybean demand is expected to advance in 2020-21 marketing year (October-September) on stronger than expected hog and sow herd recovery from the African swine...

November 20, 2020

French wheat exports to China could rise in 2020/21

French wheat exports to China in 2020/21 could surpass last season’s large volume as France’s status as one of the few approved suppliers allowed it...

November 4, 2020

China to ban wheat import from Australia

As tensions between Australia and China rise, Beijing is expected to ban imports of Canberra wheat, South China Morning Post (SCMP) reported. (more…)

October 19, 2020

China seen buying more US soybeans amid auction reports: sources

China’s state-owned companies are expected to buy a substantial amount of US soybeans in coming weeks amid reports that the Chinese national reserve is set...