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31.07.26 - 16:42
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Wheat Prices March Higher As Intensifying Black Sea Fighting Fuels Food Security Fears (ZeroHedge)
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Wheat Prices March Higher As Intensifying Black Sea Fighting Fuels Food Security Fears
Wheat futures are climbing after Ukraine's Black Sea ports came under renewed Russian fire, with three dry-cargo ships struck in recent days.
The attacks threaten grain exports from one of the world's most important agricultural regions, heightening concerns among UN officials that supply disruptions could reignite global food inflation.
Bloomberg reports:
A ship was damaged at Pivdennyi port and two more were hit near Odesa, according to a Defense Ministry post on Telegram. Earlier Thursday, Ukraine attacked the Russian Black Sea port of Taman, a key gateway for grain shipments, while Russia hit vessels in and around Ukraine's Black Sea ports.
Black Sea Turmoil
The UN has warned that Russia's attacks on Black Sea ports are increasing risks to global food security.
UN Under-Secretary-General for Political Affairs Kayoko Goto told the UN Security Council that a new wave of Russian strikes on Black Sea p...
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03.05.26 - 12:30
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FIRST PACIFIC Subsidiary Indofood 3-Month Net Profit Up 8.6% (AAStocks)
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FIRST PACIFIC (00142.HK) announced that its 50.1%-owned subsidiary Indofood reported results for the three months ended March this year. Net sales rose 7.4% YoY to 33.89 trillion Indonesian rupiah. Net profit reached 2.96 trillion Indonesian rupiah, up 8.6% YoY. (de/d)~AASTOCKS Financial NewsWebsite: www.aastocks.comThis article......
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25.09.25 - 15:06
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Crop Trader Wilmar Says Indonesian Court Overturns Acquittal (Bloomberg)
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Asian food titan Wilmar International Ltd. said the Indonesian Supreme Court quashed the acquittals of three major palm oil groups in an export case, several months after the company was forced to hand over 11.9 trillion rupiah (about $729 million at the time) as a security deposit ahead of the ruling....
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