Russian Grain Markets: 9-13 May 2022 Most businesses were closed from 1-9 May as Russians celebrated Soviet holidays. Trade has now resumed and there is a bearish mood on all fronts. Exporters decreased their interest in the Black Sea ports and local currency strengthened thus solidifying the bearish trend. Export duties for wheat continued decreasing which was hard to predict while barley and corn export duties increased as forecasted earlier. New duties for 18-24 May are as follows:
Wheat: $111.9 vs $ 114.3 - 2.4 Barley: $76.5 vs $ 74.1 + 2.4 Corn: $ 77.3 vs $ 77.0 + 0.3
Export FOB Black Sea prices grew to $395/MT. Feed barley prices FOB remained unchanged at...
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...
