State is beneficiary of US-Colombia free-trade agreement.

Wheat exports to help decongest country’s warehouses.

Gavilon attracts bids from other Japanese trading houses.

Government increases export duties for the commodity.

Prices drop to their lowest levels in 19 months.

Russia seen to dominate wheat markets, while Ukraine takes barley and corn.

The terminal is the largest coal and petcoke dry bulk terminal of the Lower Mississippi River.

Acquisition by Glencore seen to have little effect on competition in Canadian grain market.

Acquisition to meet needs from Asian grain buyers.

Global wheat stockpiles seen to hit all time high this year.