Russian Grain Markets: 24-28 January 2022 The Russian domestic market grew due to weakening of the ruble. As export duties decreased, it made it possible for exporters to increase CPT-port purchase prices and decrease FOB offer prices. So, export milling wheat average offer price decreased to $329/MT FOB Black Sea. Average purchase price grew to RUB 16,800/MT CPT-port Black Sea. Feed barley average export price decreased to $293/MT FOB Black Sea; average purchase price grew to RUB 15,200/MT. Feed corn average price grew to $282/MT FOB Black Sea while average purchase prices grew to RUB 14,500/MT CPT-port. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in the Central and Black Soil regions (+RUB 100/MT), the Southern (+RUB 200/MT...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
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