Commodity Trading
Pulses added to IGC grain definition
Pulse crop seeds such as lentils, dry peas, chickpeas, dry beans and seeds of other pulses will be included in the definition of “grain” or “grains” under Article 2(1)(e) of the Grains Trade Convention, 1995 from November 1st 2021,...
Cefetra helps lift BayWa at Q3
Cefetra’s grain trading has lifted the BayWa Group’s third quarter agricultural profitability and revenues, but the group is concerned about short term fertiliser availability. BayWa’s Agriculture Segment has reported a Q3 EBIT of...
Tenfold rise in October fertiliser imports through Ipswich
ABP’s Port of Ipswich says that record amounts of nitrogen fertiliser are being imported through the terminal and have exceeded grain export volumes as the main activity on the East Anglian site. In October alone, seven vessels (four...
Politics and logistics dominate the volatile wheat market
World market sentiment, in an already tight wheat market, is being driven by uncertainty over Russia’s export plans. Meanwhile in the UK, logistical problems are complicating day-to-day life for both merchants and consumers. “There...
United Oilseeds posts 34% profit rise as UK OSR area recovers
Farmer-owned break crop specialist United Oilseeds has reported a sharp rise in profitability, and forecasts increased rapeseed plantings for the 2022 and 2023 harvest years. The business made a pre-tax profit of £1.51 million on a...
Rapeseed market breaks price records
Rapeseed is more expensive than ever in a market driven up by factors ranging from palm oil demand to high crude oil prices which leads to mean greater biodiesel production. All build on fundamentally tight supply and demand. John...