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The FAO’s latest Cereal Supply and Demand Brief projects global cereal production for 2024 at 2,841 million tonnes, a downward revision of 0.6% compared to last year.

The benchmark for world food commodity prices rose in November to its highest level since April 2023, increasing by 0.5 percent from October, driven by surging international vegetable oil quotations, the Food and Agriculture Organization of the United Nations (FAO) reported.

CESCO announced significant progress in the erection of a modern steel mill building and grain storage facility in Douala, Cameroon.

The Food and Agriculture Organization of the United Nations (FAO) launched its 2024 Statistical Yearbook, offering an in-depth overview of the most significant trends shaping global agrifood systems.

SovEcon, a leading Black Sea grain consultancy, has updated its forecasts for Ukraine’s 2024 grain production and exports, increasing its corn crop and export estimates.

CESCO, a global leader in grain handling, storage, and processing solutions, has announced the successful completion of the Factory Acceptance Test (FAT) for a high-capacity bagging line system as part of its extensive project with United Feed Company (UFC) in Saudi Arabia.

Interlegal, in partnership with global legal experts, will host a comprehensive webinar titled “English Law in Practice: Contracts and Arbitration” tailored for professionals in the shipping and commodity trade sectors.

The 8th edition of the Grain Academy, held on October 31st in Varna on the scenic Black Sea coast, brought together over 300 participants from nearly 20 countries across the Balkans, Central, and Eastern Europe.

The World Bank's Commodity Markets Outlook projects a nearly 10% drop in global commodity prices by 2026, driven by a historic oil surplus and improving supply conditions.

Turkey's largest flour producer and exporter, Ulusoy Un, has taken a significant step in its strategy to expand into high value-added sectors by purchasing 85% of the shares of Pastificio Mediterranea S.r.l., which has been producing high-quality Italian pasta for over 100 years in the Silvano d'Orba region of Italy, from the Spanish Cerealto group.

Swiss technology group Bühler today inaugurates its new Grain Innovation Center (GIC) in Uzwil, a trailblazing facility.

SovEcon, a leading Black Sea grain consultancy, has revised its 2024/25 Russian grain export forecasts, lowering its wheat export estimate to 45.9 million metric tons (MMT) from 47.6 MMT.