Food

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

Food

October 22, 2021

China’s corn imports in September remain strong

China posted strong corn imports for September while November hog futures on the Dalian Exchange have posted a 23.3% increase since end-September to date. (more…)

October 15, 2021

BIMCO: US soya bean inspections nearly double w-o-w

After a slow start to the US soya bean export season, partly due to disruption from Hurricane Ida, US soya bean inspections ahead of exports...

October 12, 2021

Russia’s wheat exports fall 12% on year to 12.8 mil mt

Russia’s wheat exports were 12% lower on the year at 12.8 million mt as of Oct. 7 for the 2021-22 (July-June) marketing year, the Russian...

October 11, 2021

Brazil soymeal exports soar

Soymeal shipments from Brazil’s Paranagua port jumped in September driven by strong demand and a drought that has disrupted a traditional logistics route via Argentina....

September 27, 2021

China steps up Australian wheat imports despite trade standoff

China is snapping up cargoes of Australian wheat despite a bitter trade standoff between the two countries, as crop downgrades elsewhere lead to a global...

September 21, 2021

U.S. Grain Exports Rise as Gulf Terminals Slowly Recover from Ida

U.S. grain exports increased last week as shippers along the Louisiana Gulf Coast recovered from flooding and widespread power outages caused by Hurricane Ida’s Aug....

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

September 20, 2021

Woes mount for U.S. soy shippers as China gives Brazil unusual nod

Brazil’s soybean exports should be winding down at this time as the U.S. harvest takes center stage, though China’s cancellation of U.S. cargoes on Wednesday...

September 17, 2021

China eases wheat quality terms for rain-hit French crop

Chinese buyers have agreed to relax a key quality specification for upcoming shipments of French wheat in response to rain damage in France’s harvest, traders...

A worker displays coffee beans during a harvest at Masalle district, in Enrekang, Indonesia South Sulawesi province January 5, 2012. REUTERS/Yusuf Ahmad

September 14, 2021

Shipping Problems Plague Brazil’s Coffee Exports

Exports of green coffee from Brazil, the world’s largest producer, fell 27% in August from a year earlier to 2.33 million 60-kg bags as difficulties...

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

September 14, 2021

US soybean crop seen improving after recent favorable weather in Midwest

The outlook for the US soybean crop is improving after recent rains in the Midwest raised prospects for the yield and production. (more…)

September 9, 2021

China’s August soybean imports fall on flat demand

China’s soybean imports fell in August from the same month a year ago, customs data showed on Tuesday, as low crushing margins and high international...

September 2, 2021

Corn Crashes as Hurricane Ida Devastates Busiest U.S. Export Hub

Corn prices in Chicago sank to a seven-week low as broken grain elevators and power outages in the U.S.’s busiest agricultural port raised concerns about...

August 30, 2021

EU cuts 2021/22 wheat crop forecast to 127.2 mln T

The European Commission on Thursday cut its forecast of usable production of common wheat in European Union’s 27 member countries in 2021/22 to 127.2 million...

August 17, 2021

Brazil’s 2022 soy exports to hit unprecedented 90 mln tonnes

Soybean exports from Brazil are expected to total 90 million tonnes in 2022, a potential new record from a projected historical high this year, agribusiness...

August 13, 2021

‘Once in 100 years’ drought seen affecting Argentine grains exports into next year

A once-a-century drought has lowered the water level of Argentina’s main grains transport river, reducing farm exports and boosting logistics costs in a trend that...