World: CBOT corn futures strengthen

On December 8-15, CBOT corn prices strengthened by 0.8%. Last week US corn export prices (January delivery) strengthened by $2/MT, while Argentinean and Ukrainian corn supply prices remained unchanged. Ethanol market still supported CBOT prices, particularly the data on record ethanol exports in October, as well as high US corn contracting pace, which exceeded market…

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Turkey: Bunge increasing assets

Bunge Company intends to increase its presence in Turkey’s vegoils market, having bought shares of the producing company called Ana Gida Ihtiyac Maddeleri ve Sanayi Ticaret. 55.25% of the shares will be bought out from Ana Gida, and the remainder – 44.75% – from Seef Foods. As of today, Ana Gida owns the Komili trademark,…

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