Articles By Tim Worledge

9 hours ago | Tim Worledge
South Korean feedmaking association Major Feedmills Group (MFG) has tendered and bought a 60,000 tonne cargo of South American soymeal, sources have told Fastmarkets Friday, July 26.
11 hours ago | Tim Worledge
The Taiwan Flour Mills Association (TFMA) has issued a buy tender looking to secure two cargoes of US wheat for shipment in October, trade sources told Fastmarkets on Friday July 26.
25 Jul 2024 | Tim Worledge
The European Commission has confirmed that it has referred Belgium to the European Union’s Court of Justice after “failing to take sufficient action on nitrate pollution in the Flemish region,” according to a statement released on Thursday July 25.
18 Jul 2024 | Tim Worledge
Stakeholders in India’s agriculture and food complex need to consider seriously the role of genetic modification (GM) in boosting the country’s production of oilseeds to meet mounting demand, delegates at the Vegoils Visions 2030 conference have been told.
16 Jul 2024 | Tim Worledge
Egypt’s state-backed grains importing agency, General Authority for Supply Commodities (GASC), has tendered to buy wheat on an FOB basis, with offers received so far believed to be dominated by Russian origins, trade sources told Fastmarkets on Tuesday July 16.
10 Jul 2024 | Tim Worledge
South Korea’s flour millers’ association KOFMIA has bought 86,000 tonnes of North American wheat but has passed on another 40,000 tonnes, trade sources told Fastmarkets on Wednesday July 10.
4 Jul 2024 | Tim Worledge
Germany’s vegetable oil trade group UFOP warned that current global rapeseed production forecasts suggest there will not be enough of the oilseed available to meet demand and pushed for more planting in 2025 in a press release published on Thursday July 4.
4 Jul 2024 | Tim Worledge
The United Nations’ Agricultural Market Information Service (AMIS) increased both its global corn and wheat output forecasts and marginally reduced its soybean production outlook in its July update, released on Thursday July 4.
The Indian government has introduced a 500,000 tonne tariff rate quota (TRQ) on corn imports as well as new levels for milk powder, rapeseed oil and crude sunflower oil, in an official document released on Wednesday June 26.
21 Jun 2024 | Tim Worledge
US wheat net sales in the week ending June 13 sailed past analysts' expectations to land at 589,700 tonnes, with Asian destinations dominating the buying, weekly data from the USDA showed on Friday June 21.
Wheat stocks in India are “sufficient” and wheat prices are being monitored, according to a document released by the country’s Ministry of Consumer Affairs, Food and Public Distribution on Thursday June 13, and seen by Fastmarkets.
13 Jun 2024 | Tim Worledge
Egypt’s state-backed General Authority for Supply Commodities (GASC) has awarded a buy tender of soybean oil to the trading arm of South Korean conglomerate Posco.
12 Jun 2024 | Tim Worledge
The European Bank for Reconstruction and Development (EBRD) has announced a €60 million ($65 million) loan to Ukraine’s Lan Oil to finance the country’s first private biofuels venture since Russia launched its full-scale invasion in February 2022, according to a press release published on Wednesday June 12.
6 Jun 2024 | Tim Worledge
The United Nations' Agricultural Market Information Service (AMIS) has published its first 2024/25 global wheat production estimate and called for output of just under 787 million tonnes — making it the lowest prediction of the big three global forecasters.
5 Jun 2024 | Tim Worledge
The European Bank for Reconstruction and Development (EBRD) has agreed to €300 million ($326 million) in additional funding to support Ukraine’s energy security, it announced in a statement on Wednesday June 5.
4 Jun 2024 | Tim Worledge
Estimates for Australia’s winter 2024/25 crop output call for a sharp year-on-year increase in output, according to the latest report by state-backed Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
Egypt’s state-backed General Authority of Supply Commodities (GASC) has secured 470,000 tonnes of wheat from Ukraine, France, Romania and Bulgaria, after successfully closing a buy tender, trade sources told Fastmarkets on Tuesday June 4.
28 May 2024 | Tim Worledge
The increased use of sustainable aviation fuel (SAF) around the world could provide an opportunity for Australia’s agriculture sector, regardless of whether the country adopts and expands its use of biofuels...
24 May 2024 | Tim Worledge
South Korea’s Feed Leaders Committee (FLC) has jumped on recent corn tender buying to pick up a 65,000 tonne cargo of South American or South African corn privately...
22 May 2024 | Tim Worledge
Turkish state-owned grains agency TMO has awarded two cargoes in a rare durum wheat export tender to Italy-based durum wheat company Casillo, trade sources told Fastmarkets on Wednesday May 22.
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