Russian Grains Market: 4-8 July 2022 Russia’s harvest continues showing good results thus supporting an optimistic forecast for wheat production during the 2022/23 season which has just started. Rostov Oblast, which is one of the largest producers and exporters of wheat, is expecting a record crop from last year when wheat; production was 12.7 MMT of which 11.5 MMT was winter wheat. Interestingly, Russia continues expansion of grain production further into Siberia. There are not many countries in the world which can considerably increase grain production or at least expand the acreage. Russia still can. Particularly, Siberian grain production in 2021 was the record crop for the past 15 years! Last year, Siberia produced 18.5 MMT of...
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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