CHICAGO, Ill. – Pouring billions of dollars in economic aid into Iraq is no guarantee that the United States will win grain business there, as it found out March 26. The United Nations’ World Food Program, the world’s largest food aid agency, awarded Australia the lion’s share of its tender to buy 630,000 tonnes of […] Read more
Stories by K.T. Arasu
Soy importers scramble for tight U.S. supplies
CHICAGO, Ill. – Global soybean importers, led by top buyer China, are scrambling for a share of the smallest U.S. crop in seven years despite soaring prices, but farmers are being tightfisted with releasing supplies, said grain traders last week. There was interest from Japan, Israel, Malaysia, Indonesia, Mexico and China – which booked at […] Read more
