Argentina: Expectation of record soybean harvest
Soybean production in Argentina is forecast to significantly increase to almost 150% in the 2023/24 marketing year. Favorable weather conditions, including abundant rainfall during the planting season, contributed to this growth, as the United States Department of Agriculture (USDA) reported and World Grain reported. The Service’s report […]
Indonesia's PalmCo postpones IPO and focuses on biodiesel investment
In a recent development in the commodities sector, the Government of Indonesia has postponed the Initial Public Offering (IPO) plans of PalmCo, a prominent palm oil producer. The information was released by Reuters, citing an official from the parent company, state-owned agricultural group Perkebunan Nusantara (PTPN or Persero). The Ministry of State Companies […]
