Reuters — China’s state-owned grains trader COFCO said on Thursday a new joint venture it has set up with state stockpiler Sinograin to manage the country’s huge grain reserves will […] Read more
Tag Archives reserves

China to launch grain reserves company in 2023

China to release potash reserves
Move said to be intended to ensure supply, stabilize prices
Beijing | Reuters –– China’s state planner on Wednesday said the government would take measures to keep supply and prices of fertilizers stable, including releasing potash fertilizer reserves and ensuring […] Read more

After blast, Lebanon has less than a month’s grain reserves
Beirut port silos had capacity for 120,000 tonnes; about 15,000 tonnes were stored at time of blast
Beirut/Dubai | Reuters — Lebanon’s main grain silo at Beirut port was destroyed in a blast, leaving the nation with less than a month’s reserves of the grain but enough […] Read more

U.S. grains: Export hopes push soy, corn, wheat futures higher
Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Thursday as recent declines spurred demand for imports of all three commodities, traders said. Bargain-buying and short-covering contributed […] Read more

Speculation shrouds grain demand, rejections from Egypt
CNS Canada — Egypt, the world’s biggest buyer of wheat, rejected three cargoes of the grain last week — its first rejections since it overhauled its inspection system and relaxed […] Read more