Challenges in the corn market in Brazil: High prices
According to the International Center for Economic Analysis and Agricultural Market Studies (CEEMA), the corn market in Brazil faces significant challenges in both production and marketing. This year's second crop was smaller than expected, which resulted in a slight increase in the prices of the cereal in the domestic market. […]
Indian refiners cancel oil contracts after price hike
Refiners in India, the world’s largest importer of palm oil, have cancelled purchases of 100,000 metric tons of the product for delivery between October and December. The decision came after the government in New Delhi raised import duties in response to rising international prices. Trade sources told Reuters that in just […]