Russian Grain Markets: 12 –16 May 2025 Crop Outlook 2025 The grain market was relatively stable, however, the gap between the new crop and old crop price indicators is getting wider and wider. The export market is just finishing up the marathon run where everybody knows the winner, the quotas have been fully distributed, and not all of those quotas will be used up. Ports are just fulfilling the planned orders and from time to time seeing more excitement than usual, but in general there is stability on the export market especially when wheat is the only commodity which is still being traded for export with barley quota being zero and corn quota only available for China. New crop price indicators are around $20/MT lower than current tra...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: Corn, wheat, and the soy complex all formed new contract or at least rally highs to close what has become one of the most uniformly bullish weeks in CBOT history. Escalations in the fighting between Russia and Ukraine and attacks on civilian merchant vessels show n...
Macro: Trade Flows Set the Tone Persian Gulf crude flows appear to be improving, with anecdotal estimates suggesting as much as 7–8 million barrels per day may now be leaving the region — nearly double the mid-July pace. That helps explain why crude has not maintained the full geopo...