Russia proposes BRICS grain exchange to control prices
Russia is proposing that the BRICS countries create a grain exchange, thus aiming to gain greater control over the international prices of their agricultural exports. In addition, the proposal will be presented during the BRICS summit, which will be attended by heads of state of the largest producers and […]
US soybean futures rise on delayed planting in Brazil
Soybean futures in the United States rose slightly overnight, driven by delayed planting in Brazil, the world’s largest exporter of the oilseed, and by the intensification of drought in the main producing regions of the United States. According to consultancy AgRural, until this week, Brazilian producers had completed only 8.2% of planting, significantly […]