India extends tax cut on edible oil until 2025
The Indian government has extended the reduction in taxes on edible oil imports for another year, until March 2025. This initiative aims to control food inflation, according to information from Reuters on January 16. Originally, reduced taxes on imports of crude palm oil (CPO), crude sunflower oil and […]
Rising costs of transporting corn and soybeans in the Gulf – USA
In the third quarter of last year, there was an increase in the total costs of transporting corn and soybeans through the US Gulf route compared to the previous quarter. This change was detailed in a report from the United States Department of Agriculture (USDA). In contrast, costs on the Pacific Northwest route […]
