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Bank of England (BOE) Governor Andrew Bailey said there was now more optimism about the prospects for inflation falling this year.
The lifting of Covid-19 restrictions in China is set to boost global oil demand this year to a new record high, the International Energy Agency (IEA) said.
Cargill and Viterra appear as charterers of two vessels to be loaded with Brazilian soybeans for delivery in Argentina over coming weeks, according to shipping data, Reuters reported.
European Union soft wheat exports since July 1 reached 17.67 MMT as of Jan. 15.
Brazil’s 2022-23 grain production will outgrow total storage capacity for the first time in 20 years . . .
U.S. export prices fell 2.6% from a month earlier in December, above expectations of a 0.5% drop.
Recaps of this week’s price action and quick-read outlook for next week, 30 days and 90 days.
China imported 10.56 MMT of soybeans in December, up 19.1% from last year and the highest monthly tally since . . .
Critics told EPA in the public session the agency has underestimated the existing or expected industry capacity.
The International Grains Council (IGC) raised its forecast for global wheat production in 2022-23, driven largely by a larger-than-expected crop in Ukraine.