Soybean prices are showing signs of recovery, with prices up 6% for the week in April 2023. This marks a significant turnaround for the market, which has been plagued by oversupply and low prices in recent years. Overview of the Soybean Market Soybeans are one of the world’s most important crops, used for a wide … Read more
Despite ongoing conflict and instability, Ukraine’s grain export industry continues to thrive. In March 2023, Ukraine exported the largest monthly volume of grain in its history, signaling the resilience of the country’s agricultural sector. Overview of Ukraine’s Grain Export Industry Ukraine is one of the world’s leading producers and exporters of grain, including wheat, barley, … Read more
As a breeder, you understand the importance of providing your cattle with the best possible care to ensure their health and productivity. One of the critical factors that can impact your cattle’s well-being is their diet. Providing your cattle with balanced feed that meets their nutritional needs can help optimize their health, performance, and overall … Read more
Chicken meat is a versatile and widely consumed protein source that is in high demand globally. With an increasing appetite for chicken meat, the international trading market for chicken meat is expanding. In this article, we will explore the top world sellers and imports of chicken meat, highlighting the key players in the global market … Read more
The global demand for rice continues to grow year on year, making rice trading an attractive business opportunity. However, the rice market is highly competitive and influenced by many factors such as weather, politics, and consumer preferences. To succeed in this industry, traders need to develop comprehensive trading plans, build strong relationships with suppliers and … Read more
As the world slowly recovers from the COVID-19 pandemic, the shares of Occidental Petroleum, Exxon Mobil, and Marathon Oil have been on the rise. As an expert in international trade, I offer insights into the reasons for this upward trend and the factors driving it. Global Demand for Oil and Post-Pandemic Economic Recovery One of … Read more
International trade transactions often require establishing trust and credibility between the parties involved, which can be achieved through providing proof of product (POP) and proof of funds (POF). However, it is important to note that the cost of issuing POF is typically paid by the buyer, while the seller bears the cost of issuing POP … Read more
Commercial procedures for the international trade of commodities can be complex, involving numerous documents, payment instruments, and third-party inspections. To facilitate these transactions and provide a framework for the parties involved, the International Chamber of Commerce (ICC) has developed guidelines and procedures that are widely recognized and used in the industry. In this article, we … Read more
Brazil is a country known for its diverse economy, natural resources, and presence in global trade. Although it is famous for its coffee and sugar exports, the country’s top exports go far beyond these commodities. Brazil is one of the world’s largest producers and exporters of agricultural products, minerals, fuels, and manufacturing goods. In this … Read more
Belgium is a small country in Western Europe, known for its delicious chocolate, famous beers, and picturesque cities. However, the country’s economy is much more than these popular clichés. Belgium has a highly diversified economy, and its export industries go far beyond just beer and chocolate. In this article, we will explore the diversification of … Read more