G.T.C News

Ukraine soybean production on the rise
KIEV, UKRAINE — A change in tax legislation has made Ukrainian soybean production more profitable and led to a 21% planting increase, according to a Global Agricultural Information Network (GAIN) report from the US Department of Agriculture (USDA).
 11:18 - 12/04/2021 - Comments : 0More >>
FAO forecasts record wheat production in 2021
ROME, ITALY — Global wheat production is expected to reach a new record of 780 million tones in 2021, according to a preliminary forecast issued March 4 by the Food and Agriculture Organization of the United Nations. The record forecast reflects an anticipated rebound in production in the European Union that is expected to more than offset weather-impacted production prospects for output in the Russian Federation.
 10:06 - 28/03/2021 - Comments : 0More >>
Ukraine grain exports down in 2020-21 season
KIEV, UKRAINE — Ukraine’s grain exports were down in the 2020-21 marketing season compared with the previous year, Reuters reported, citing economy ministry data.
 09:52 - 13/03/2021 - Comments : 0More >>
Australia raises wheat crop estimate to new record
CANBERRA, AUSTRALIA — Australian farmers have harvested their largest-ever wheat crop, according to the latest crop report issued by the Australian Bureau of Agricultural and Resource Economics and Sciences issued Feb. 16. ABARES estimated the 2020-21 Australian wheat crop at 33.337 million tonnes, up 18.172 million tonnes, or 120%, from the drought-reduced 2019-20 outturn of 15.165 million tonnes.
 15:51 - 01/03/2021 - Comments : 0More >>
Shipping costs set to rise in 2021
For those in the business of shipping and grain, 2020 was a roller coaster ride. Second-quarter lock downs prompted demand for some grain-based products to spike as consumers stockpiled and splurged on specific goods, including specialty flours. However, overall global economic demand for most commodities fell precipitously, and bulk carrier shipping spot and time charter rates slumped accordingly.
 11:06 - 26/02/2021 - Comments : 0More >>

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