🌾 Grains fundamentals: Global grain trade navigates throttled seaborne flows Trade through the Strait of Hormuz remains impacted by US-Iran negotiations, while aerial strikes between Russia and Ukraine have caused logistical difficulties at key export hubs. El Niño is building strength, already influencing seasonal weather patterns. Join Kpler analysts as they navigate these shifting trade dynamics, from Strait of Hormuz disruptions to shifting Chinese demand. Key topics include: - Grain and fertiliser trade via the Strait of Hormuz and Bab el-Mandeb - Black Sea grain export pace amid logistical challenges - El Niño's impact across key agricultural producers - China’s appetite for US agricultural products Speakers: Matthew Darragh, Ishan Bhanu, and Madeleine Overgaard Register here: