Hamburg | Reuters – Saudi Arabia’s main state wheat buying agency has told grains exporters it will no longer buy Canadian wheat and barley in its international tenders, European traders […] Read more
Saudi Arabian agency stops buying Canadian wheat, barley
China may have to resume U.S. soybean purchases in weeks – Oil World
Hamburg | Reuters – China may have to start buying U.S. soybeans again in coming weeks despite the trade war between the two countries as other regions cannot supply enough […] Read more
Heatwave ravages European fields, sending wheat prices soaring
Paris | Moscow | Hamburg | Reuters – Searing heat has devastated wheat fields across northern Europe while a combination of dry conditions and extreme rain in the Black Sea have […] Read more
German farmers seek 1 billion euros in drought aid
Hamburg | Reuters – Farmers in Germany need special aid of around 1 billion euros ($1.17 billion) because of damage to harvests caused by drought and heatwave, the head of […] Read more
EU farming chief wants rapid Brexit talks, plans new dairy aid
Hannover, Germany | Reuters — Europe’s agriculture industry, already grappling with a dairy crisis, wants rapid talks about Britain’s exit from the European Union to minimise disruption, EU farming commissioner […] Read more
Russia now expected to leave grain tax scheme intact
Moscow | Reuters — Russia, one of the world’s largest wheat exporters, is not expected to change its current regime of taxes on grain exports, sources said on Friday, following […] Read more
U.S. grains: Soybeans slide as concern about Chinese growth persists
Reuters — U.S. soybean prices dropped on Wednesday on concern that interest rate cuts in China may not be enough to stimulate growth in the key importer. Corn slipped on […] Read more
Marubeni to close Australian grain business
Sydney/Hamburg | Reuters — Japan’s Marubeni Corp. is to close its Australian grain trading business after a review of its global operations. The move “is not in any way reflective […] Read more
Russia’s new grain export duty sows confusion
Moscow / Reuters — Russia stiffened its bid to curb grain exports on Monday with plans for a duty on shipments, to defend domestic bread supply against a crumbling rouble. […] Read more
Syria tender for food calls for payment from Iran
Syria tendered to import food on Friday using a credit line from Iran’s export bank, in what could be a test of last month’s landmark deal to ease Western financial […] Read more
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