Egypt purchased 480,000 tons of Russian wheat at an international tender on December 19 with delivery in February 2024 and payment in 270 days at a price of $265/t FOB […]
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Category: Grains
Grain
Current Weather Conditions in the EU May Cause Damage to Winter Crops
According to MARS monitoring, in early December, weather conditions, a sharp drop in temperature combined with high humidity had a mixed impact on winter crops in the EU, which, in […]
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Heavy Rains Halted Winter Grain Planting in France
France is expected to see a sharp drop in winter grain plantings after heavy rain interrupted fieldwork, the Ministry of Agriculture announced, Reuters reports. In its first estimates of planting […]
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Corn Market Perspectives: Revisions in WASDE Report
Chicago Board of Trade Market News Outlook of corn market: Corn futures are 6 ¼ cents (1.3 percent) lower this week after the December WASDE issued a neutral outlook for […]
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Milling Wheat Prices Continue to Grow in Ukraine
The majority of flour mills in Ukraine continue to gradually increase their purchasing prices for milling wheat this week. This situation is due to the insufficient offers on the market […]
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Free Trade Agreement Between Ukraine and Türkiye
Ukrainian Economy Minister Yuliya Svyridenko stated that Ukraine and Türkiye are ready to ratify a free trade agreement. On December 12, 2023, Deputy Prime Minister, Minister of Economy of Ukraine […]
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Wheat Quotes Rise After Pessimistic Data in France
Wheat quotes, which fell after the “bearish” USDA report, rose by 2.5-3.9% yesterday amid pessimistic data on sowing in France, Graintrade reports. According to the estimates of the MSG of France, […]
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Argentina Significantly Devalues the Peso
Argentina which announced soy dollar scheme to stimulate agri-exports and increase the government’s dollar reserves, will depreciate the peso against the US dollar by more than 50%, to 800 pesos […]
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Decline in Grain Prices, Increase in Vegetable Oils – FAO
According to the Food and Agriculture Organization of the United Nations – FAO global food prices remained largely stable in November, with a decline in international grain prices offset by […]
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FAO Raised Its Estimate of World Wheat Production in 2023
Analysts of the Food and Agriculture Organization of the United Nations in their December report raised the forecast of world wheat production in 2023 to 787 mln tonnes, which is […]
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