Brazil is poised to export 40 million tonnes to 50 million tonnes of corn next year, after a new trade protocol with China and a potential bumper crop.
Results of the latest United Nations climate summit were unveiled Sunday morning, as grueling debates over a historic fund and fossil fuel emissions forced negotiations to drag on almost two days longer than expected.
Food prices will probably decline next year, even as global crop stockpiles stay very tight, especially for oilseeds, said David MacLennan, CEO of Cargill.
A panel commissioned by Congress urged the White House to review China’s trade practices and suspend normal trade ties if Beijing violated a 1999 agreement.
