Commodity pricing

© GettyImages/KUNITAKA KODA

Corn markets set to remain volatile

By Jane Byrne

The fall in crude oil markets at the end of last week has pressured vegetable oil and oilseed markets. After last week’s heatwave across the US, this week’s USDA crop progress report will be closely watched, say CRM Agri.

© GettyImages/Andrii Yalanskyi

UK feed sector welcomes removal of US corn import tariffs

By Jane Byrne

Feed industry representative group, the Agricultural Industries Confederation (AIC), has hailed the UK government’s announcement that from June 1, 2022, it will remove the 25% import tariff on corn imported to the UK from the US.

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Export demand for India’s wheat and corn grows

By Jane Byrne

Russia’s invasion of Ukraine has led to volatility in several sectors of the global economy. For India and the region, trade is being disrupted in the grains, oilseeds, fertilizer, and energy sectors, among others.

© GettyImages/Art Wager

Argentina pauses new export sales of soybean meal

By Jane Byrne

Argentina’s drought has been having a major negative impact on the country’s soybean crop, and the weekend saw its agricultural ministry move to suspend soybean oil and meal export registrations.

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Viterra to expand US footprint with $1.1bn Gavilon deal

By Jane Byrne

Viterra Limited is to buy Gavilon, a grain and ingredients trading business, supporting its long-term strategy of significantly increasing its presence in the US, an agricultural region where Viterra had a limited sourcing presence.

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Guest Article

EU feed industry outlook 2022

By Jane Byrne

Once again, FEFAC president, Asbjørn Børsting, looks back on EU feed industry developments this year and what lies ahead.

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What’s in store for the global oilseeds market in 2022?

By Jane Byrne

Palm oil production is set to recover next year in Malaysia, while soybean production in Brazil is forecast to reach record levels. Although, La Niña is set to play a critical part in the ultimate outcome of the latter, said the CRM Agri team.

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WASDE: No game changers or dramatic surprises

By Jane Byrne

The was limited revision to soybean and corn estimates in the latest WASDE but the global wheat supply and demand this month has eased slightly, with the report forecasting an increase in global production estimates.