WASHINGTON, D.C., U.S. — The U.S. Department of Agriculture (USDA) has reported a private export deal selling 900,000 tonnes of corn for delivery to China.
A total of 180,000 tonnes was for delivery during the 2011-12 marketing year ending Aug. 31, 2012. The remaining 720,000 tonnes was for the 2012-13 marketing year.
All of the 2011-12 sales and 480,000 tonnes of the 2012-13 sales were previously reported as unknown destinations, the USDA said.
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KANSAS CITY, MISSOURI, US — It was a bumpy ride for the global grain industry in 2024.
An already unstable geopolitical situation worsened with military conflicts expanding in Ukraine and the Middle East. Transporting grain efficiently was a challenge, in part because of those wars. And several of the world’s largest agribusiness companies saw profits tumble in a suboptimal economic climate for global agriculture.
The establishment in both Europe and the United States saw a conservative backlash against their liberal policies, leading to political unrest in countries such as France and the return of Donald Trump to the US presidency after a four-year absence. The result will likely be a continued trend toward protectionist policies that will impact the global grain trade in the coming years as well a reduced emphasis on “green” environmental policies that had become prevalent during the past four years.
The following are World Grain’s top 10 stories for 2024.