
← The Commodities Trade Institute Podcast31 ago · 5 min
Beef Policy, Codelco Profit Jump, $24 LNG & 28% Ukraine Grain Rebound
<p>Codelco reports a fourfold jump in pre-tax earnings to $1.97 billion despite an 11% drop in copper production. In global trade, Ukraine boosts weekly grain exports by 28% via Danube river channels following Black Sea port blockades, while spot LNG prices surge to five-month highs of $23.20 per mmBtu amid tightening European storage and maritime bottlenecks that reduced visible Strait of Hormuz commodity traffic to five vessels a day. Meanwhile, Washington targets an 85% meatpacking concentration with new interstate processing orders and weighs expanding small refinery biofuel waivers to 1.8 billion credits.</p><p><br></p><p><a href="https://www.commoditiesinstitute.com/">https://www.commoditiesinstitute.com</a></p><p>FOLLOW US @commoditiesinstitute</p><p>Instagram - <a href="https://www.instagram.com/commoditiesinstitute">https://www.instagram.com/commoditiesinstitute</a></p><p>Facebook - <a href="https://www.facebook.com/61584221970761">https://www.facebook.com/61584221970761</a></p><p>TikTok - <a href="https://www.tiktok.com/@commoditiesinstitute">https://www.tiktok.com/@commoditiesinstitute</a></p><p>YouTube - <a href="https://www.youtube.com/@commoditiesinstitute">https://www.youtube.com/@commoditiesinstitute</a></p><p>Listen to the Podcast:</p><p>Spotify Podcast - <a href="https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ">https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ</a></p><p>Apple Podcast - <a href="https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341">https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341</a></p><p>Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy</p>