Russian Grain Markets: 30 October–3 November 2023 As of 30 October, Russia harvested 140.2 MMT of grains in bunker weight which is 9.8 MMT less than the same date a year ago. Grains and pulses were harvested from 45.4 Mha which is 94.6 percent of the crop averaging 3.09 MT/ha versus 3.33 MT/ha last year. The harvest status is as follows:
Wheat: 97 percent complete, producing 93.7 MMT vs 104.6 MMT a year ago, averaging 3.25 MT/ha vs 3.59 MT/ha, harvested from 28.9 Mha Barley: 97.6 percent complete, producing 21.9 MMT vs 24.4 MMT, averaging 2.81 MT/ha vs 3.07 MT/ha, harvested from 7.8 Mha Corn: 52.5 percent complete, producing 9.3 MMT vs 5.9 MMT, averaging 6.71 MT/ha vs 5.55 MT/ha, harvested from 1.4 Mha Rice: 88 percent c...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...