While 1 million tonnes higher than August, pace remains far behind last year amid war with Russia.

Drought takes toll on wheat, corn production.

Signed letters of intent to purchase wheat, soybeans and corn.

USDA’s Crop Production report shows lower-than-expected yields.

More farmers part with crop after government boosts foreign exchange rate.

Facility will produce corn-based starches, sweeteners for region.

These countries are expected to be the biggest growers of the versatile grain in 2022-23.

Cargoes would move toward Europe, developing countries in Mediterranean. 

Decrease stems from high cost of seeds and fuel.

August Food Price Index falls for fifth straight month, though still higher than 2021.