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May 28, 2021

Trade finance and cereals workshop at the IGC Grains Conference, 2021

Day 1 of IGC begins June 8th, 2021. There will be six sessions focused on: Trade policy, Strategic risk, Trade finance, Climate change, Trade and resilient food systems and Regional snapshot South East Asia.
 
Trade finance
In the wake of uncertainties associated with the Covid-19 pandemic, grains and oilseeds traders are ever more reliant on a dynamic and innovative financial sector, particularly in regions where currency market volatility and limited access to the US dollar can sometimes hamper operations. The Panel will discuss the scope of trade finance, and the way in which it is central in facilitating and enhancing the globalisation of grains, oilseeds and rice markets. New developments in risk management and exchanges will be examined, as well as the broader international policy environment.

Image credit: Christian Schnettelker on Flickr
(CC BY 2.0)
Key topics for consideration:

  • Trade finance policy
  • Risk management
  • Exchange development
     

Workshop on Cereals
Day 2 of IGC, June 9th, will have a workshop session from 15.00-15.45 (GMT+1). Speakers will include; Libin Zhou; Bettina Baruth; Maurits van den Berg; Nikolay Gorbachov; Thomas Whittaker; and Nathan Kemp.

Given expectations for a sustained uptrend in global food, feed and industrial consumption in the medium term, even larger crops will be needed in the years ahead. Incentivised by high prices and, assuming that weather conditions are conducive for fieldwork, farmers are predicted to expand grains and oilseed acreage in 2021/22. The IGC's preliminary forecasts are for another year of bumper crops in the coming season. However, as always, much will hinge on cropping weather between now and the harvest.

This session will focus on the prospects for the production of 2021/22 wheat, maize, and soyabeans in the key suppliers. Panellists will discuss also the latest developments in yield monitoring, including through remote sensing technology, which may add further clarity to global supply chains.

For more information visit the IGC website, HERE.

 

The Global Miller
This blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
which is published by Perendale Publishers Limited.

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