The Russia-Ukraine conflict is driving food prices higher. Commodities that have been most affected are wheat, maize, edible oils, and fertilizers. Global commodity markets face upside risks through the reduction in grain supplies, higher energy prices, higher fertilizer prices, and trade disruption due to shutting down of major ports.
The European Commission decided to gather monthly data on levels of stocks in the EU of cereals, oilseeds and rice. This is a direct follow-up of the Communication on “safeguarding food security and reinforcing the resilience of food systems” presented on 23 March. The aim is to better monitor stock levels in the current environment of high prices and perceived uncertainty about supplies.
U.S.-based Scoular, one of the leading feedstuffs, grains, and oilseeds distributors in Indonesia and Myanmar, is adding another market to its distribution footprint in the Asia-Pacific: Vietnam.
Cargill has unveiled plans to build a new soybean processing facility located in Pemiscot County, Mo. near Hayti and Caruthersville to support growing domestic and global demand for oilseeds driven by food, feed and fuel markets.
“If growth in average yields matches recent trends, and assuming normal weather, global grain produ...
Prof. Dr. Mustafa BAYRAM
Editor-in-Chief of Peer-reviewed articles section-Miller Journal
"We expect price fluctuations in foreign markets will continue because of the c...
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