Commodity Trading
Short supplies and exports bolster UK pulse prices
UK pulse crop market values have firmed and remain strong, reports the Processors and Growers Research Organisation (PGRO). Despite a bigger 2019 harvest, prices haven’t fallen as far as expected from the previous year’s very high levels and appear to have stabilised...
Gavin Millar the new GAFTA president
Gavin Millar has been elected president of the Grain & Feed Trade Association (GAFTA) for the 2020/21 year. He succeeds Swithun Still of the Swiss trading house Solaris Commodities. Mr Millar is managing director of Gemcom, the commodity trading business based in...
Feed business lifts ADM full year revenues
Multinational agricultural commodity trader and processor ADM has reported lower full year profitability from revenues marginally up on the previous year. However, the last quarter showed improvement in both sales and profitability. The business made net earnings of...
Coronavirus injects uncertainty into oilseeds markets
The onset of the coronavirus has created uncertainty in world oilseeds markets in recent weeks, sending palm oil sharply lower, while also putting a question mark over the Chinese soya purchases promised in that country’s recent trade deal with the US. David Whyte,...
NWF feed volumes up at H1
NWF Agriculture has increased its feed volumes over the first six months of its financial year, against a smaller year-on-year national feed market. But lower commodity prices have reduced revenues while profitability is unchanged. The Feeds division of the NWF Group...
Interim leader for global trading platform
A former ADM executive has been appointed to lead the development phase of the global agricultural trading facilitation project that is supported by six of the world’s largest farm commodity trading and processing businesses. The project, launched in November 2018 by...
