US West Coast port customers urge swift finalization of labor deal

U.S. business groups on Thursday said a “hard-fought” six-year labor deal tentatively agreed between U.S. West Coast seaport employers and the union representing 22,000 workers should avoid economic harm and urged both sides to ratify it quickly. The tentative deal was announced on Wednesday and followed an intervention from Acting Secretary of Labor Julie Su, […]

Grain Highlights 17.06.2023

The Rosaro Grain Exchange lowered its forecast for the 2022/23 soybean production in Argentina by 1 million tons to 20.5 million tons. The harvesting campaign is coming to an end. – The Foreign Minister of Russia has stated that if the grain deal does not work by 17.07.2023, it will not be continued. – Stratégie […]

Grain Highlights 15.06.2023

In their June report, Conab analysts raised their forecast for Brazil’s 2022/23 soybean production by 0.9 million tons to 155.7 million tons. – As of June 1, 2023, wheat stocks in Kazakhstan reached 6.64 million tons (3.44 a year earlier and -2.2 compared to May 2023). Barley stocks were 1.01 million tons. – Yesterday Chicago […]

Grain Highlights 14.06.2023

Coceral lowered its forecast for the 2023/24 grain production in the EU by 6.7 million tons to 273.4 million tons (266.8 in 2022/23). – Coceral lowered its forecast for the 2023/24 grain production in the EU by 6.7 million tons to 273.4 million tons (266.8 in 2022/23). The soft wheat production is projected at 127.3 […]