The 2021/22 harvest is behind us and now comes the task of moving this record crop to its destination, whether that be to domestic end users or via the export pathway. We knew logistics would be strained given the sheer size of the Australian crop, however this has been exacerbated by the added pressure of mother nature.
With countries that are commonly relied upon to supply wheat to the world experiencing droughts, political unrest, export caps, tariffs, and war, an already tight grains balance sheet seems to be getting tighter and supply problems are mounting. Is this higher priced environment set to last longer than three to six months? And how will this impact how the Middle East approach their food security needs into the future?
In October 2020, it was estimated the total urban population in the Middle East was 65% of the total regional population, 10% above the global average of 55% and continuing to grow at an average of 2% per annum. Urbanisation often leads to increased access to economic, and social benefits as well as increased food…
The 2021/22 Australian harvest was set to be a bumper in terms of quality and quantity until La Niña reared its head and changed the game for many farmers on the east coast of Australia, and in turn, the global milling wheat balance sheet.
The movement of grain between countries around the world in bulk vessels has been a significant method of conveyance for centuries. However, while filling a bulk vessel with 60,000MT has been the preference for major exporters, the last twenty years has seen the movement of grain in containers become more prevalent. In the early 2000’s…
Managing the soft commodity supply chain can be a challenging job, with many moving parts and multiple opportunities for delays. Managing the supply chain while developing a new trade-flow adds an extra level of complexity and pressure.. So what’s the best way to manage the process from start to finish?
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