Mexico: President praises Trump's call
Mexican President Claudia Sheinbaum thanked her U.S. counterpart Donald Trump for an “excellent and respectful” call on Thursday, and vowed the country would continue working on security and immigration as Washington temporarily reduced tariffs on some Mexican imports. Sheinbaum said the United States and Mexico would continue to work together on […]
Indonesian palm oil exports to decline by 2025
Indonesia is expected to export 27.5 million tonnes of palm oil in 2025, a decline of 6.9% from last year, the country’s largest palm oil group, the Indonesian Palm Oil Association (GAPKI), said on Thursday. The world’s largest exporter of the commodity faces challenges in increasing output of the oil […]
Bird Flu in the US: Price Impact and Risk of Shortages
Bird flu has been affecting egg production in the United States since late 2024. Between November and December, egg prices rose due to the outbreak of the disease, which is compromising production on laying hens in the country. An estimated 17.2 million birds have died as a result of the infection, worsening the shortage […]
Soybeans rise in Chicago with smaller area projected in the US
The highs continue among soybean prices traded on the Chicago Stock Exchange in the session this Thursday (27), mainly after the figures from the USDA (United States Department of Agriculture) reported during the first day of the Outlook Forum. The area destined for soybeans was projected at 34 million hectares, against 35.26 million for the harvest […]
India braces for hot March; wheat at risk, sources say
India is set to enter the summer season with one of the hottest Marches on record. Above-average temperatures for much of the month pose a significant threat to the productivity of the maturing wheat crop, sources at the India Meteorological Department (IMD) have warned. As the second […]
Mexico bans GM corn planting after dispute
Mexico’s lower house of Congress on Tuesday approved a constitutional reform to ban the planting of genetically modified (GM) corn, a move that could lead to more tension with the United States after a trade dispute is resolved, analysts said. The move by Speaker Claudia Sheinbaum comes after a panel of […]
Weak demand puts pressure on palm oil prices
Recovering palm oil production and reduced imports by price-sensitive consumers are expected to put downward pressure on palm oil prices. This will result in a lower premium for tropical oil over its competitors. Nevertheless, Indonesia, the top producer, will continue to increase biodiesel production. The oil […]
Impacts of the war between Russia and Ukraine on global agribusiness
February 24, 2022 marked the beginning of the war between Russia and Ukraine, a conflict that is now three years old. Both countries are strategic players in the Black Sea region and, mainly, in the supply chain of the agribusiness, significantly impacting the global sector. Before the war, the combined foreign trade of […]
Malaysia rules out raising palm oil biodiesel to 20%
Malaysia has no plans to increase palm oil biodiesel blending from the current 10% to 20% as developing the necessary infrastructure would require funding that neither the industry nor the government are willing to provide, the commodities minister said on Monday. There are challenges to implementing the biodiesel blending […]
