Russia Strengthens Wheat Trade with Algeria
Russian grain trader Demetra has shipped 60,000 tonnes of wheat to Algeria, the largest wheat consignment sent there in five years.
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Russian grain trader Demetra has shipped 60,000 tonnes of wheat to Algeria, the largest wheat consignment sent there in five years.
Brazil's soybean exports are set to rise in the 2021-22 season alongside a forecast record harvest, according to the US Department of Agriculture.
Colombia's rice production, damaged by severe drought and floods, is forecast to rise in the 2021-22 season, according to the US Department of Agriculture.
The price of soybean oil has gone up by Tk 7 to Tk 160 a litre, the edible oil refiners' association has told the commerce ministry.
Brazil's coffee exports fell 29 per cent in September because of poor production and shipping difficulties.
Iran will import a record amount of wheat this season after drought badly damaged its harvest, Iranian industry sources say.
Wholesale onion prices at Hili land port in Dinajpur fell by Tk 12 a kg as soon as imports resumed after the Puja holidays.
China's soybean imports from Brazil fell 18 per cent in September as weak crushing demand hit purchases, according to Chinese customs data.
Colombian coffee growers have held back about 10 per cent of their output from contracted buyers to resell at higher prices, adding to turmoil in a market already hit by Brazil's supply crisis.
Cold storage owners in Rangpur division say half the potatoes in their 80 stores are unsold and warn of about Tk 1,000 crore in losses unless the government acts quickly.
Onion prices at Hili land port in Dinajpur rose by Tk 2 to 4 a kg in two days after importers, facing losses, cut back imports.
The price of broiler chicken in Dhaka has risen by about Tk 60 a kg in a month, while vegetables remain expensive.
Ukraine expects record maize and wheat production and exports in the 2021-22 marketing season after a poor year, according to a USDA report.