GFM Network News








Cargill expects grain glut to last long time

Seoul | Reuters –– Commodity firm Cargill expects international grain markets to remain oversupplied for a long time due to bountiful harvests and a rise in storage, the head of the global commodity trader said on Friday. Bumper crops have flooded many markets, dragging on prices for grains and hitting profits at agribusiness giants including […] Read more

Record crops to send grain stocks to all-time peak, IGC says

London | Reuters –– Global grain stocks are expected to surpass 500 million tonnes for the first time at the end of the 2016-17 season, the International Grains Council said on Thursday, raising its forecasts for both corn and wheat production. The intergovernmental body, in a monthly update, put total grain carryover stocks at the […] Read more