Tag: Donald Trump

BusinessTrade

ADM Offers Unusual Pricing Deal to Secure Soybean Supplies Amid Farmer Resistance

Global grain merchant ADM is implementing an unusual free deferred pricing program to encourage soybean deliveries from US farmers. The move comes as farmers resist selling at current low prices, creating supply challenges for major processors during peak harvest season.

Processor Implements Unusual Harvest Season Strategy

Archer-Daniels-Midland Co, one of the world’s largest grain merchants, is reportedly offering unusual incentives to U.S. farmers to deliver soybeans to its major processing facility in Decatur, Illinois, according to industry sources. The program, described as free deferred pricing, allows farmers to deliver crops immediately while setting the final sale price as late as September 2026 without paying storage fees, sources indicate.

by Darren Holt
PolicyTrade

Western Nations Intensify Efforts to Curb Russian Oil Purchases by Major Asian Economies

The United States and Britain are escalating efforts to limit Russia’s oil revenue streams amid ongoing conflict in Ukraine. Recent developments include diplomatic pressure on India and new sanctions targeting Russian and Chinese energy entities involved in petroleum trade.

Diplomatic Pressure Mounts on Asian Oil Buyers

Western powers have significantly increased pressure on key allies and trading partners to reduce their reliance on Russian oil exports, according to recent reports from diplomatic and industry sources. The coordinated effort comes as the conflict in Ukraine continues to impact global energy markets and international relations.

by Sarah Collins