China is taking steps to accelerate imports of Brazilian corn, diversifying supply at a time when the war in Ukraine has disrupted trade and tensions with the U.S. are high.
A logjam of ships, tugboats and barges due to low water levels on the Mississippi River is threatening to grind trade of grains, fertilizer and other goods to a halt, Bloomberg reports.
Ukraine is holding tough talks to ensure grain continues flowing from its Black Sea ports even after a deal on such exports expires next month, an adviser to the Ukrainian government said.
More than a dozen Mexican foodmakers and retailers have signed onto an anti-inflation plan to keep prices of basic foodstuffs affordable, Mexican Finance Minister Rogelio Ramirez de la O said.
