US grain exports expected to further rise

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.

Between January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.

Grain and cereal arrivals from Ukraine at the Port of Valencia increased by 123% in the first half of 2024, signalling a recovery from war-related disruptions.

An acquisition by a New York investment house should make life easier in the Midwest agricultural supply chain.

Phil Hall, Mersey Port Director at Peel Ports Group, attributed the strong demand for port storage to poor weather impacting UK harvests, which has led to increased imports of grain and animal feed.

The port of Muuga, adjacent to the Estonian capital of Tallinn, is ready to handle this year’s grain harvest with renewed and modernised facilities.