MAP/FMD allocations total $201.3 million for 2024

IGC revises its forecast upward by 200,000 tonnes for 2023-24

Effort to help Ukraine export grain along alternative route amid war with Russia

European Commission data show 15.84 million tonnes shipped so far in 2023-24

Increase is partly due to surge in grain shipments from Ukraine

Forecast, if realized, would still top last year’s record output

Suring barge rates account for most of quarterly increase

StoneX sees output falling short of earlier record projection

Domestic demand for soybeans could grow with increased blend in 2024

Closures had begun to ‘ripple back’ into the supply chain