Deregulation of grain trading in Australia has led to an explosion in shipments in containers rather than bulk — a trend that may be repeated in Canada, although on a less spectacular scale, industry sources said on Tuesday. Australia, where grain markets were deregulated in 2008, now ships around two million to 2.5 million tonnes […] Read more
Deregulation sparks rise in grain container trade
Energy firm hires Viterra traders for grain market debut
Top oil trader Vitol is building a global grains desk and has taken advantage of Glencore’s takeover of Canadian grains giant Viterra to hire a team of its traders, trading sources said Wednesday. Vitol, which has an annual turnover of nearly US$300 billion, will vie for market share along with rival trading firms Gunvor and […] Read more