FINALLY INDIA ALLOWED IMPORT OF 1.2 MMT GM SOYMEAL TILL 31 OCT 2021 FROM NHEVA SHEVA AND PETRAPOL.THIS WAS LONG AWAITED CIRCULAR.IT MAY CRUSH SOYA FOR A WHILE IN INDIA
India officially confirms import of 1.2m mt of GM soymeal2 hours ago | Euan SaddenThe Indian government has announced that it will allow the import of up to 1.2 million mt of genetically modified soymeal in a move aimed at plugging the country’s existing supply shortfall.The ruling applies to product classified under ITC HC codes 23040020 and 23040030 arriving at Nhava Sheva and LCS Petrapole before October 31 and had been widely expected following strong hints from the industry.The announcement follows a statement released by the All India Poultry Breeders Association on August 9 (AIPBA) in which Bahadur Ali, Chairman of the AIPBA, thanked India’s Prime Minister for allowing GM soymeal imports for the first time.The government was prompt to react following a period of intense lobbying by representatives from the Indian poultry, aquaculture (fisheries and shrimp), dairy and animal feed industries, but was slow to issue an official confirmation.According to industry represent
Indian vegoils tax cut to have limited impact on Arg. soyoil: trade6 hours ago | Liliana MintonThe cut to India's import duties for soyoil and sunoil is too short term to stimulate demand for the soft oil for the world's biggest.
Philippines Import Group schedules fresh 168k mt wheat tender2 hours ago | Tim WorledgeThe Philippines Import Group has tabled a tender to buy up to 168,000 mt of wheat in three parcels for delivery between late...
#Argentina #wheat 2021-22 output could fall well short of 20 mmt target 'again' as #LaNina 2.0 is likely to come back: BCR- very dry weather so far in August- Dec wheat futures 8-year high Aug 20 Matab-Rofex- (firm demand + tight supply) may persist globally
Russian weekly wheat exports slow to 800k mt, total hits 4.6m mt4 hours ago | Tim WorledgeRussian wheat exports slowed to 800,000 mt in the week to August 19, down 20% on the previous week as wheat prices...
Rampant hoarding by #Russia #wheat farmers supporting local prices- farmers expect further price hike- as Americas struggle with weather extremes- tight supply likely in Q4- Russian tax this week: $30.4/m
Ukraine, Russia and some of Europe are finding it quite droughty. Russia's fall wheat taking the worst of it. Can not plant in dry soils and expect anything. Can not get a stand with no rain to follow and expect much either. This will be interesting; supporting wheat prices…
Russia could impose #wheat #exports restrictions "again" to ensure domestic supply
- dry condition cuts output forecast
- Ministry forecast 80.7 mmt output vs 85.9 mmt LY
- Platts Analytics still sees it at 83.8 mmt
- 2.8 mmt exported so far, down 25%
Malaysia keeps September crude palm oil export duty at 8.0%KUALA LUMPUR, Aug 18 (Reuters) - Malaysia has kept its September export tax for crude palm oil at 8%, a circular on the Malaysian Palm Oil Board website showed on Wednesday.
Malaysia keeps September crude palm oil export duty at 8.0%KUALA LUMPUR, Aug 18 (Reuters) - Malaysia has kept its September export tax for crude palm oil at 8%, a circular on the Malaysian Palm Oil Board website showed on Wednesday.
Chi #wheat sharply lower overnight as well as Matif. Are the bulls ready to give up or it's just a healthy correction and we will see fresh highs soon?
Decided to resume my weekend videos. This is one is important- Russian #wheat area is substantially below expectations (that's the gamechanger) and yields are disappointing in many parts of the country. Expect lots of cuts to RUS crop numbers soon.& next pt :$ 820..Support by RTs.