Soybean and corn futures witnessed a sharp decline on the Chicago Stock Exchange, hitting 3-year lows as funds engaged in significant sell-offs. The strengthening dollar, reaching a 3-month high, is […]
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Category: Grains
Grain
Grain Market Sees Selloff Ahead of Usda’s AG Outlook Forum, Analysts Anticipate Higher Ending Stocks
The grains market experienced a significant selloff attributed to positioning ahead of the USDA’s Agricultural Outlook Forum slated to commence on Thursday. Analysts predict the agency will report higher ending […]
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Rise in Dollar Rate Halts Decline in Wheat Purchase Prices in Ukraine
Following a brief decline, export prices for wheat in Ukraine witnessed a slight uptick in hryvnia, thanks to a rapid surge in the dollar exchange rate. This development, occurring over […]
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Egypt’s Gasc Bought 120,000 Tonnes of Ukrainian Corn at a High Price of €171 per Tonne Fob.
Egypt’s GASC made a rare international tender yesterday for the purchase of corn, during which two shipments of Ukrainian corn were bought at a relatively high price of €171 per […]
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Wheat and Grain Markets Showing Signs of Wanting to Move Higher
On February 13, the wheat market started with a decline due to the weight of Russian wheat. The upcoming Russian harvest appears promising, but uncertainties loom regarding the price at […]
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Cereal and Oilseed Balance Update for 2023/24: Insights From the European Commission’s January 2024 Report
The cereal and oilseed balance for the 2023/24 campaign, updated by the European Commission to January 2024, was compiled by Tofio Catön, Director of Herbaceous Crops at the Spanish Agri-Food […]
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Ukraine’s Hybrid Corn Seed Exports Surge by 1.5 Times in 2023
In 2023, Ukraine witnessed a remarkable increase in the export of hybrid corn seeds, with the volume soaring by more than 1.5 times compared to the previous year. According to […]
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Customs Duty on Green Lentil Imports Zeroed in Türkiye
According to the Presidential Decree published in the Turkish Official Gazette, customs duty on green lentil imports has been reset until 30 June. Within the framework of the import regime […]
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Adapting Rice Export Strategies In Response To Global Demand Shifts
The global rice trade, sustaining over half the world’s population, faces transformative shifts in demand. Understanding these changes in rice consumption categories is crucial to redefining export strategies. Each segment […]
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How Much Further Will Grain Prices Fall?
Last Thursday, the US Department of Agriculture released its monthly harvest forecast report (WASDE report). On Friday, wheat made a strong start, especially MATIF,which fought the downward trend in the […]
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