The mismatch between supply and demand for grain and oilseeds in the world will continue for at least the next 2 years: ADM
According to oilworld.ru with reference to S&P Global Platts, the global mismatch between supply and demand for grains and oilseeds is expected to remain for at least the next 18-24 months amid strong demand and tight balance sheets, the general Director of Archer-Daniels-Midland Juan Luciano.
LATEST NEWS: Carrying out assembly of walls and roofing, as well as preparation and ground works for floors. This construction project of a new, modern warehouse facilities is for storage, transshipment, and subsequent distribution of our organic products to our partners and customers, both in the European Union and beyond.
INTERFAX.RU – Prime Minister Mikhail Mishustin signed a decree on the export duty on sunflower and rapeseed from January 2021.
Russia this week may impose an export duty of 30% on sunflower products to stabilize food inflation, Russian First Deputy Prime Minister Andrei Belousov told reporters. “The problem of inflation is important for us now, the inflation that has now started, it concerns several types of goods. As for non-food products, there is a slight acceleration, mainly due to the rise in the exchange rate,” he said.
LATEST NEWS: We're currently at the third stage of constructing our warehouse in Odra. This stage includes assembling walls and roofing and preparing the ground for the floors. Femoni Opava Ltd. is the local construction company handling the project. Safety is a top priority, and we appreciate the support from our partners and the community. Stay tuned for more updates on the progress!