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Indonesia may further increase palm oil export levies in future to support its ambitious biodiesel programme as the price of crude oil is expected to remain weak next year, a senior Finance Ministry official said on Wednesday. Indonesia collects levies from palm oil exports to fund the cost difference between ... Full story
Drought, combined with frost, could reduce wheat yields in parts of Argentina, according to a report from the Buenos Aires Grain Exchange. "Current conditions are unfavorable for growth and development." According to the Grain On-Line agency with a link to the Bolsa de Cereales de Buenos Aires website. The impact of the drought ... Full story
The export of sunflower from the countries of the Eurasian Economic Union (EAEU; it includes Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan) may again be limited: this initiative of oil producers is now being discussed in the Ministry of Agriculture, two employees of processing companies told Vedomosti. The Oil and Fat Union of ... Full story
On Friday, September French wheat hit a fresh monthly low, following on the heels of a weakening Chicago. Exchanges on both sides of the Atlantic Ocean reacted extremely nervously to forecasts of increased yields in a number of exporting countries, in particular in Russia and Canada. Improving weather conditions in Australia raise ... Full story
According to the data of the company "TBI" , at the grain terminal of the NKHP of the commercial sea port of Novorossiysk, a dry-cargo ship Polina is loading 25 thousand tons of Russian wheat. The cargo is destined for the China port of Dalian. The sender is the United Grain Company. Agn informs. Grain On-Line. For ... Full story