Agriculture Weather Watch: No Respite For Argentinian Wheat Despite Rain Forecast

Argentina is forecast to receive rain in key wheat-growing regions over Sept. 25-Oct. 1, but severe dryness and frost have already hammered the prospects of the current crop, potentially reducing availability to regular buyers in Africa and Asia. No heavy rainfall was forecast in the current Sept....

https://www.hellenicshippingnews.com/agriculture-weather-watch-no-respite-for-argentinian-wheat-despite-rain-forecast/

Steel makers fear deepening crisis from energy crunch as output halted

Spiralling energy costs have forced steel makers to cut output across Europe, threatening mass plant shutdowns some warn could be permanent in a sector that employs more than 300,000 and contributes tens of billions of euros to the region’s economy. Even with four wind turbines and over 50,000...

https://www.hellenicshippingnews.com/steel-makers-fear-deepening-crisis-from-energy-crunch-as-output-halted/

Wheat hits 1-week low on recession fears, corn falls on U.S. harvest

Chicago wheat futures extended losses on Monday, with prices hitting a one-week low as fears of a global economic downturn and expectations of a record crop in Russia weighed on the market. Corn and soybean futures slid on pressure from dry weather aiding the U.S. harvest. “The prime movers were...

https://www.hellenicshippingnews.com/wheat-hits-1-week-low-on-recession-fears-corn-falls-on-u-s-harvest/

Aluminium supply woes keep growing as China orders output cuts

Yunnan province cuts supply Aluminium smelters in Southwest China’s Yunnan province, which accounts for 11% of China’s aluminium output, have been required by the government to reduce their operating rates due to hydropower shortages in the drought-stricken province. The smelters have been ordered...

https://www.hellenicshippingnews.com/aluminium-supply-woes-keep-growing-as-china-orders-output-cuts/

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