Commodity Trading
Domestic oilseeds market rises on global trends
Tight supplies and Chinese buying have sent the UK and European rapeseed markets sharply higher in recent weeks. “It’s been on a steep upward trend since the end of January,” David Whyte, trader at United Oilseeds, told Agritrade News. “We have seen the old crop Matif...
Chris Mahoney to chair ED&F Man
ED&F Man, the UK-based multinational trader of agricultural commodities and financial services, has appointed Chris Mahoney as non-executive chairman, effective from this week. Mr Mahoney has four decades of experience in agricultural commodity processing, handling...
Covantis platform launches with Brazil trading
The international grain trade platform Covantis, co-founded by a group of global shippers, has launched its global blockchain shipping platform in time for the start of the Brazil season. The project started in 2018, with founding members ADM, Bunge, Cargill and Louis...
Wheat market waits for end users to return
End users of wheat are still working their way through the big stocks they built up before the New Year, while the effect of pandemic related controls has cut consumption, leaving the UK wheat market much more balanced than it looked a few months ago. “There is a lack...
FSA Gold for MSP malting barley growers
McCreath, Simpson & Prentice, the grain merchant business within Berwick-upon-Tweed-based Simpsons Malt, has achieved gold sustainability level across all 422 of its contracted malting barley suppliers across Scotland and northern England. Simpsons Malt says the move...
Vivergo to reopen for September’s E10 rollout in UK
AB Sugar is to reopen its Vivergo wheat to bioethanol plant on Humberside. This follows the government decision to introduce the E10 road fuel grade - 10% bioethanol and 90% petrol - later this year, AB Sugar parent Associated British Foods (ABF) has announced in a...