In the July report, USDA analysts lowered the forecast of global wheat production in 2023/24 MY to 796.6 mln tonnes compared to June estimate (800.2 mln tonnes), which is higher […]
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Category: Wheat
Wheat
Grain Markets: Will Turkish Ships Protect Ukrainian Grain?
European Grain Markets With a rising euro and harvest gaining momentum in the Northern Hemisphere, grain markets at Matif weakened on Friday Although wheat still managed to close positive for […]
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Grain Market Updates – 07.07.2023
European Grain Markets After Wednesday’s bump up, grain markets were relatively calm yesterday. MATIF wheat moved in a narrow range all day and eventually closed almost unchanged at 233€/t. The […]
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Ukraine Has Improved the Forecast for Crops 2023
The Ukrainian Grain Association increased the estimate of the potential harvest in 2023 by 1 million tons compared to the June forecast — to 69 million tons. In 2022 total […]
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Grain Corridor Closed for Ship Entry for a Whole Week Already
The last inspections of ships at the entrance to the “grain corridor” were carried out on June 28: they were the Turkish bulker TQ Samsun and TK Majestic under the […]
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Global Grain Traders Refuse to Export Russian Grain
Global grain traders Cargill, Viterra, Louis Dreyfus have refused to supply Russian grain and are leaving the market of the invader country. In addition, the companies began working on the […]
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Vessels Hardly Moving Through “Grain Corridor”
Since June 26, Russia has completely stopped the registration of a new fleet in the “grain corridor”, which indicates intentions to disrupt food supplies to global markets. The Ministry of […]
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Grain Markets: US Corn Price Falls to January 2021 Levels
European Grain Markets The MATIF wheat futures closed weak on Friday and reported a drop to 230.75€/t in grain markets. Despite starting the session strongly, wheat failed to hold on […]
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Grain Markets Before Usda Report
European Grain Markets €230 turns out to be the first floor where at least some of the bears in the wheat market in Paris decided that the ride down, for […]
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Harvest in Russia Faster Than Last Year
As of June 26, 1.5 mln tonnes of new crop grain were harvested in Russia, which is 1.7 times higher year-on-year (875 thsd tonnes), reports Interfax with reference to data […]
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