In a significant shift in the global wheat market, Algeria has turned to Russian wheat for its latest tender, marking a notable change in its import strategy. This comes as… […]
Read moreDay: October 11, 2024
Pigeon Pea Market Faces Stability Due to Low-Cost Imports in India
Short-Term Price Swings Expected for Pigeon Peas Pigeon pea stocks are currently low in India. But the influx of cheap imports from African countries to India is preventing any long-term… […]
Read moreCorn Prices Steady: Ethanol Production Supports, But Brazil Rains Provide Headwinds
Corn futures at CBoT remained steady as traders await the USDA-WASDE report. US ethanol production is providing price support, while rains in Brazil improve planting conditions. ANEC expects lower corn… […]
Read moreSoybeans Lose Momentum: Fast Harvest and Falling Crude Weigh on Market
Soybean futures at CBoT fell, with the November contract down by 5.4 ct to 1,014.75 ct/bu (approx. €0.374/kg). The market is pressured by weaker vegetable oil and crude oil prices,… […]
Read moreRapeseed on the Rise: Prices Break Through €500 Barrier
Rapeseed prices at Euronext hit the highest level since late July. The February contract surpassed the €500/t mark for the first time in over two months, supported by firm crude… […]
Read moreWheat Prices Edge Higher :Dry Conditions in Russia Fuel Market
Wheat markets recovered slightly, with Euronext December contract up by €1.25 to €229.75/t. CBoT wheat rose by 2.2 ct, closing at 594.75 ct/bu (approx. €197/t). Persistent drought in Russia and… […]
Read moreSouth Africa’s Sugar Industry Faces Heat: Production Slows Amid Rising Costs and Dry Weather
The South African sugar industry is navigating a challenging period, with production dropping and costs rising due to hot and dry weather, as well as increasing electricity tariffs. Despite these… […]
Read moreBuckwheat Prices Under Pressure Amid Rising Supply and Weak Demand
As new domestic buckwheat listings increase in China, the market is seeing price drops compared to last year. With a combination of strong supply and low demand, the price outlook… […]
Read moreCorn Prices Shift Amid Global Uncertainty: Ukraine Sees Local Increases
Corn prices have been on a rollercoaster ride recently, with global trends and regional factors contributing to market fluctuations. While prices fell in global markets, Ukraine is seeing a rise… […]
Read moreVietnam’s “Black Gold” Continues to Shine as Pepper Prices Surge
Vietnam’s Pepper Prices Keep Climbing, But How Long Will It Last? Pepper prices in Vietnam are steadily rising this week, with the average price reaching USD 4,75 per kg. In… […]
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