Will 2023 be the “Mixed Bag” Everyone’s Expecting For Shipping?

2023 has began with most experts expecting a mixed bag for the various shipping segments. In its latest report, shipbroker Intermodal said that “the United Nations Conference on Trade and Development (UNCTAD) published a Global Trade Update on December 13th highlighting that global trade would hit a record $32 billion for 2022 despite the war […]

Grain Highlights 06.01.2023

According to the latest analysts’ estimates, the wheat production in Australia will reach a record 42 million tons given the higher than expected yields at the end of the campaign. – Over the period of July – December, 28.5 million tons of grain were exported from Russia (+5.6% compared to the previous year – 27 […]

Grain Highlights 05.01.2023

StoneX has lowered its forecast for soybean production in Brazil in 2022/23 by 1.2 million tons to 153.8 million tons, given the drought in the southern parts of the country. – According to an estimate by the European Commission, in the last week of 2022, 117,800 tons of soft wheat were exported from the EU […]

Grain Highlights 04.01.2023

In December, India increased palm oil imports by 94% compared to December 2021 to a record level for the month of 1.1 million tons given the fall in the palm oil price. – In January, the export tax on sunseed oil from Russia remained zero. The export tax on sunseed meal will be 1,826.9 rubles/ton […]